Common use of Acknowledgment of Assignments Clause in Contracts

Acknowledgment of Assignments. The Seller hereby acknowledges and consents to the assignment by the Purchaser of the Receivables Trust Certificate and the rights of the Purchaser under this Agreement to the Trustee pursuant to the Indenture. The Seller further acknowledges that, in accordance with the terms of the Transaction Documents and the Trustee may, under certain circumstances exercise some or all of the rights of the Purchaser hereunder.

Appears in 13 contracts

Samples: Purchase and Sale Agreement (Conns Inc), Purchase and Sale Agreement (Conns Inc), Purchase and Sale Agreement (Conns Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.