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

Binding Obligation; Valid Transfer and Assignment. The Seller hereby ------------------------------------------------- represents and warrants to the Trust and the Trustee that, as of the Initial Closing Date:

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Peoples Bank), Pooling and Servicing Agreement (Peoples Bank Credit Card Master Trust), Pooling and Servicing Agreement (Peoples Bank Credit Card Master Trust)

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Binding Obligation; Valid Transfer and Assignment. The Seller hereby ------------------------------------------------- represents and warrants to the Trust and the Trustee that, as of the Initial Closing Date:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mbna America Bk Nat Assoc Mbna Master Credit Card Trust Ii)

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