Common use of Assignment of Right to Distributions Clause in Contracts

Assignment of Right to Distributions. An Owner may assign all or any part of its right to receive distributions hereunder, but such assignment (in the absence of a permitted Transfer) shall effect no change in the ownership of the Trust.

Appears in 22 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Assignment of Right to Distributions. An Owner may assign all or any part of its right to receive distributions hereunder, but such assignment (in the absence of a permitted Transfertransfer) shall effect no change in the ownership of the Trust.

Appears in 21 contracts

Samples: Trust Agreement (SLC Student Loan Receivables I Inc), Trust Agreement (SLC Student Loan Trust 2010-1), Trust Agreement (SLC Student Loan Receivables I Inc)

Assignment of Right to Distributions. An Owner may assign all or any part of its right to receive distributions Distributions hereunder, but such assignment (in the absence of a permitted Transfer) shall effect no change in the ownership of the Trust.

Appears in 2 contracts

Samples: Loan Program Agreement (First Marblehead Corp), Loan Program Agreement (First Marblehead Corp)

Assignment of Right to Distributions. An The Owner may assign all or any part of its right to receive distributions hereunder, but such assignment (in the absence of a permitted Transfer) shall effect no change in the ownership of the Trust.

Appears in 2 contracts

Samples: Trust Agreement (National Collegiate Trust 1996-S2), Trust Agreement (National Collegiate Trust 1996-S2)

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Assignment of Right to Distributions. An Owner may assign as collateral all or any part of its right to receive distributions hereunder, but such assignment (in the absence of a permitted Transfertransfer) shall effect no change in the ownership of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Pheaa Student Loan Foundation Inc)

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