Common use of Binding Obligation; Valid Transfer and Assignment Clause in Contracts

Binding Obligation; Valid Transfer and Assignment. Each Transferor hereby severally represents and warrants to the Trustee, on behalf of the Trust, with respect to any Series of Certificates, as of the date of any Supplement and the related Closing Date, unless otherwise stated in such Supplement that:

Appears in 3 contracts

Samples: Master Pooling and Servicing Agreement (American Express Centurion Bank), Pooling and Servicing Agreement (American Express Centurion Bank), Pooling and Servicing Agreement (American Express Credit Account Master Trust)

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Binding Obligation; Valid Transfer and Assignment. Each The Transferor hereby severally represents and warrants to the Trustee, on behalf of the Trust, with respect to any Series of Certificates, as of the Cut-Off Date or the date of any the related Supplement and the related Closing Date, unless otherwise stated in such Supplement that:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Proffitts Credit Card Master Trust), Pooling and Servicing Agreement (Proffitts Credit Card Master Trust), Pooling and Servicing Agreement (Proffitts Credit Corp)

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