Common use of Conveyance of Accounts Clause in Contracts

Conveyance of Accounts. The Transferor covenants and agrees that it will not convey, assign, exchange or otherwise transfer the Accounts to any Person prior to the earlier of the termination of this Agreement pursuant to Article XII; provided, however, that the Transferor shall not be prohibited hereby from conveying, assigning, exchanging or otherwise transferring the Accounts in connection with a transaction complying with the provision of Section 7.02.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust), Pooling and Servicing Agreement (First Usa Credit Card Master Trust), Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

AutoNDA by SimpleDocs

Conveyance of Accounts. The Transferor covenants and agrees that that, except as provided in Section 2.05(b), it will not convey, assign, exchange or otherwise transfer the Accounts to any Person prior to the earlier of the termination of this Agreement pursuant to Article XIIVIII; provided, however, that the Transferor shall not be prohibited hereby from conveying, assigning, exchanging or otherwise transferring the Accounts in connection with a transaction complying with the provision provisions of Section 7.024.02.

Appears in 5 contracts

Samples: Transfer and Servicing Agreement (First National Funding LLC), Transfer and Servicing Agreement (First National Funding LLC), Transfer and Servicing Agreement (First National Master Note Trust)

Conveyance of Accounts. The Transferor covenants and agrees that it will not convey, assign, exchange or otherwise transfer any interest in the Receivables or the Accounts to any Person prior to the earlier of the termination of this Agreement pursuant to Article XII; provided, however, that the Transferor shall not be prohibited hereby from conveying, assigning, exchanging or otherwise transferring any interest in the Receivables or the Accounts in connection with a transaction complying with the provision provisions of Section 7.02.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Cabela's Master Credit Card Trust), Pooling and Servicing Agreement (Cabela's Master Credit Card Trust), Pooling and Servicing Agreement (Cabela's Master Credit Card Trust)

Conveyance of Accounts. The Transferor covenants and agrees that that, except as provided in Section 2.05(b), it will not convey, assign, exchange or otherwise transfer the Accounts to any Person prior to the earlier of the termination of this Agreement pursuant to Article XII; provided, however, that the Transferor shall not be prohibited hereby from conveying, assigning, exchanging or otherwise transferring the Accounts in connection with a transaction complying with the provision provisions of Section 7.02.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (First Bankcard Master Credit Card Trust), Pooling and Servicing Agreement (First Bankcard Master Credit Card Trust)

Conveyance of Accounts. The Transferor covenants and agrees that it will not convey, assign, exchange or otherwise transfer the Accounts to any Person prior to the earlier of the termination of this Agreement pursuant to Article XII; provided, however, that the Transferor shall not be prohibited hereby from conveying, assigning, exchanging or otherwise transferring the Accounts in connection with a transaction complying with the provision provisions of Section 7.02.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Usa Credit Card Master Trust)

AutoNDA by SimpleDocs

Conveyance of Accounts. The Transferor covenants and agrees that it will not convey, assign, exchange or otherwise transfer the Accounts to any Person prior to the earlier of the termination of this Agreement pursuant to Article XII; provided, however, that the Transferor shall not be prohibited hereby from conveying, assigning, exchanging or otherwise transferring the Accounts in connection with a transaction complying with the provision provisions of Section 7.027.2.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Bank Corporate Card Master Trust)

Conveyance of Accounts. The Transferor covenants and agrees that it will not permit the Originators to convey, assign, exchange or otherwise transfer the Accounts any Account to any Person prior to the earlier of the termination of this Agreement pursuant to Article XII; providedPROVIDED, howeverHOWEVER, that the Transferor shall not be prohibited hereby from conveyingpermitting an Originator to convey, assigningassign, exchanging exchange or otherwise transferring the Accounts transfer an Account of such Originator in connection with a transaction complying in which such Originator and its successor agree to comply with the provision provisions substantially similar to those of either Section 7.022.7 or Section 7.2.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Federated Department Stores Inc /De/)

Conveyance of Accounts. The Transferor covenants and agrees that it will not convey, assign, exchange or otherwise transfer the Accounts to any Person prior to the earlier of the termination of this Agreement pursuant to Article XII; providedPROVIDED, howeverHOWEVER, that the Transferor shall not be prohibited hereby from conveying, assigning, exchanging or otherwise transferring the Accounts in connection with a transaction complying with the provision provisions of Section 7.027.2.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Bank Corporate Card Master Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!