Common use of Lawful Assignment Clause in Contracts

Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer and assignment of such Receivable under this Agreement or pursuant to the transfer of the Securities shall be unlawful, void or voidable.

Appears in 70 contracts

Samples: Receivables Purchase Agreement (Honda Auto Receivables 2015-4 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2015-4 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2015-3 Owner Trust)

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Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer and assignment of such Receivable under this Agreement or pursuant to the a transfer of the Securities related certificate of title shall be unlawful, void or voidable.

Appears in 44 contracts

Samples: Receivables Purchase Agreement (Toyota Auto Receivables 2011-a Owner Trust), Sale and Servicing Agreement (Toyota Auto Receivables 2011-a Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2011-a Owner Trust)

Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer transfer, and assignment of such Receivable under this Agreement or pursuant to the transfer transfers of the Securities shall Certificates would be unlawful, void void, or voidable.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Chevy Chase Bank FSB), Pooling and Servicing Agreement (Chevy Chase Auto Receivables Trust 1996-2), Pooling and Servicing Agreement (Chevy Chase Bank FSB)

Lawful Assignment. No Subsequent Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer and assignment of such Subsequent Receivable under this the Agreement or pursuant to the transfer transfers of the Securities Certificates shall be unlawful, void or voidable.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Fleetwood Credit Receivables Corp), Sale and Servicing Agreement (Fleetwood Credit Receivables Corp), Transfer Agreement (Fleetwood Credit Receivables Corp)

Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer transfer, and assignment of such Receivable under this the Agreement or pursuant to the transfer transfers of the Securities shall Certificates would be unlawful, void void, or voidable.

Appears in 3 contracts

Samples: Purchase Agreement (United Fidelity Finance LLC), Exhibit 10 Purchase Agreement (Uacsc Auto Trusts), Purchase Agreement (Bay View Securitization Corp)

Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer transfer, and assignment of such Receivable under this the Agreement or pursuant to the transfer of the Securities shall would be unlawful, void void, or voidable.

Appears in 2 contracts

Samples: Purchase Agreement (Bay View Transaction Corp), Purchase Agreement (Bay View Deposit CORP)

Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer and assignment of such Receivable under this the Agreement or pursuant to the transfer transfers of the Securities Certificates shall be unlawful, void or voidable.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Fleetwood Credit Receivables Corp), Pooling and Servicing Agreement (Fleetwood Credit Receivables Corp)

Lawful Assignment. No Receivable shall have has been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer and assignment of such Receivable under this Agreement or pursuant to the transfer of the Securities shall be [Pooling and Servicing Agreement][Sale and Servicing Agreement] are unlawful, void or voidable.

Appears in 2 contracts

Samples: Purchase Agreement (Nissan Auto Receivables Corp Ii), Purchase Agreement (Nissan Auto Receivables Corp Ii)

Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer transfer, and assignment of such Receivable under this the Agreement or pursuant to the transfer of the Securities shall be unlawful, void void, or voidable.

Appears in 2 contracts

Samples: Purchase Agreement (Nationscredit Grantor Trust 1997-2), Purchase Agreement (Nationscredit Grantor Trust 1997-1)

Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer and assignment of such Receivable under this Agreement or pursuant to the transfer transfers of the Securities Certificates shall be unlawful, void or voidable.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Honda Auto Receivables 1996-a Grantor Trust), Receivables Purchase Agreement (Fleetwood Credit Receivables Corp)

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Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, of any jurisdiction under which the sale, transfer and assignment of such Receivable under this Agreement or pursuant to the transfer transfers of the Securities Certificates shall be unlawful, void or voidable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cit Group Inc)

Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer transfer, and assignment of such Receivable under this Agreement or pursuant to the transfer of the Securities shall be unlawful, void void, or voidablevoidable or subject to satisfaction of any unfulfilled condition or requirement, or shall subject Purchaser to any licensing or regulatory requirements.

Appears in 1 contract

Samples: Purchase and Servicing Agreement (Mego Financial Corp)

Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer and assignment of such Receivable under this Agreement or any Transfer Agreement or pursuant to the transfer transfers of the Securities shall be unlawful, void or voidable.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Fleetwood Credit Receivables Corp)

Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer and assignment of such Receivable under this the Agreement or any Transfer Agreement or pursuant to the transfer transfers of the Securities Certificates shall be unlawful, void or voidable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Fleetwood Credit Receivables Corp)

Lawful Assignment. No Standard Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer and assignment of such Standard Receivable under this the Agreement or any Subsequent Transfer Assignment or pursuant to the transfer transfers of the Securities Certificates shall be unlawful, void or voidable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (World Omni Auto Receivables LLC)

Lawful Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, of any jurisdiction under which the sale, transfer and assignment of such Receivable under this Agreement or pursuant to the transfer transfers of the Securities Certificates shall be unlawful, void or voidable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cit Group Inc)

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