Common use of Successors and Assigns; Assignment of Agreement Clause in Contracts

Successors and Assigns; Assignment of Agreement. This Agreement shall bind and inure to the benefit of and be enforceable by the Mortgage Loan Seller and the Purchaser and their respective successors and assigns. This Agreement cannot be assigned, pledged or hypothecated by any party hereto to a third party without the written consent of each other party to this Agreement, and any such purported assignment, pledge or hypothecation shall be of no force or effect.

Appears in 21 contracts

Samples: Mortgage Loan Sale Agreement (Chase Mortgage Finance Trust Series 2006-S4), Mortgage Loan Sale Agreement (Chase Mortgage Finance Trust Series 2007-A2), Mortgage Loan Sale Agreement (Chase Mortgage Finance Trust Series 2007-S1)

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Successors and Assigns; Assignment of Agreement. This Agreement shall bind and inure to the benefit of and be enforceable by the Mortgage Loan Seller and the Purchaser and their respective successors and assigns. This Agreement cannot be assigned, pledged or hypothecated by any party hereto to a third party without the written consent of each other party to this Agreement, and any such purported assignment, pledge or hypothecation shall be of no force or effect.

Appears in 2 contracts

Samples: Purchase Agreement (Specialty Underwriting & Residential Finance Trust Series 2006-Ab3), Purchase Agreement (Specialty Underwriting & Residential Finance Trust Series 2006-Ab3)

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