Common use of Acceptance of Terms of Agreement Clause in Contracts

Acceptance of Terms of Agreement. THE RECEIPT AND -------------------------------- ACCEPTANCE OF THE OWNERSHIP INTEREST CERTIFICATE BY THE TRANSFEROR, WITHOUT ANY SIGNATURE OR FURTHER MANIFESTATION OF ASSENT, SHALL CONSTITUTE THE UNCONDITIONAL ACCEPTANCE BY THE TRANSFEROR OF ALL THE TERMS AND PROVISIONS OF THIS AGREEMENT, AND SHALL CONSTITUTE THE AGREEMENT OF THE TRUST THAT THE TERMS AND PROVISIONS OF THIS AGREEMENT SHALL BE BINDING, OPERATIVE AND EFFECTIVE AS BETWEEN THE TRUST AND THE TRANSFEROR.

Appears in 2 contracts

Samples: Trust Agreement (Household Credit Card Master Note Trust I), Trust Agreement (Household Credit Card Master Note Trust I)

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Acceptance of Terms of Agreement. THE RECEIPT AND -------------------------------- ACCEPTANCE OF THE OWNERSHIP A TRANSFEROR BENEFICIAL INTEREST OR A TRANSFEROR CERTIFICATE BY THE TRANSFEROR, WITHOUT ANY SIGNATURE OR FURTHER MANIFESTATION OF ASSENT, SHALL CONSTITUTE THE UNCONDITIONAL ACCEPTANCE BY THE TRANSFEROR OF ALL THE TERMS AND PROVISIONS OF THIS AGREEMENT, AND SHALL CONSTITUTE THE AGREEMENT OF THE TRUST THAT THE TERMS AND PROVISIONS OF THIS AGREEMENT SHALL BE BINDING, OPERATIVE AND EFFECTIVE AS BETWEEN THE TRUST AND THE TRANSFEROR.

Appears in 2 contracts

Samples: Trust Agreement (Advanta Business Recievables Corp), Trust Agreement (Advanta Business Recievables Corp)

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