Common use of Rights of the Buyer Clause in Contracts

Rights of the Buyer. (a) Subject to Section 8.4(b), the Originator hereby authorizes the Buyer and its assignees and designees to take any and all steps in the Originator’s name and on behalf of the Originator that the Buyer, the Servicer and/or their respective designees determine are reasonably necessary or appropriate to collect all amounts due under any and all CMSC Purchased Assets, including without limitation endorsing the name of the Originator on checks and other instruments representing CMSC Collections and enforcing such CMSC Purchased Assets.

Appears in 2 contracts

Samples: CMGFSC Purchase Agreement (Realogy Corp), Purchase Agreement (Cendant Corp)

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Rights of the Buyer. (a) Subject to Section 8.4(b), the Originator hereby authorizes the Buyer and its assignees and designees to take any and all steps in the Originator’s 's name and on behalf of the Originator that the Buyer, the Servicer and/or their respective designees determine are reasonably necessary or appropriate to collect all amounts due under any and all CMSC Purchased Assets, including without limitation endorsing the name of the Originator on checks and other instruments representing CMSC Collections and enforcing such CMSC Purchased Assets.

Appears in 2 contracts

Samples: Purchase Agreement (PHH Corp), Purchase Agreement (PHH Corp)

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