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

Successors and Assigns; Assignment of Purchase Agreement. This Agreement shall bind and inure to the benefit and be enforceable by the Seller and the Purchaser and the respective successors and assigns of the Seller and the Purchaser. This Agreement shall not be assigned, pledged or hypothecated by the Seller to a third party without the consent of the Purchaser.

Appears in 63 contracts

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Passthr Certs Ser 2003-38), Indemnification Agreement (RBSGC Mortgage Loan Trust 2007-B), Reconstituted Servicing Agreement (Structured Asset Mortgage Investments Inc)

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Successors and Assigns; Assignment of Purchase Agreement. This Agreement shall bind and inure to the benefit of and be enforceable by the Seller and the Purchaser and the respective successors and assigns of the Seller and the Purchaser. This Agreement shall not be assigned, pledged or hypothecated by the Seller to a third party without the consent of the Purchaser.

Appears in 52 contracts

Samples: Reconstituted Servicing Agreement (Lehman XS Trust 2007-1), Reconstituted Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Wf1), Reconstituted Servicing Agreement (SASCO Mortgage Loan Trust 2005-Wf3)

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Successors and Assigns; Assignment of Purchase Agreement. This Agreement shall bind and inure to the benefit of and be enforceable by the Seller and the Purchaser and the respective successors and assigns of the Seller Sellers and the Purchaser. This The obligations of the Sellers under this Agreement shall cannot be assigned, pledged assigned or hypothecated by the Seller delegated to a third party without the express written consent of the Purchaser and the Administrator which consent shall be at the Purchaser’s and Administrator’s respective discretion.

Appears in 1 contract

Samples: Transfer and Assignment Agreement (Franklin Credit Holding Corp/De/)

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