Common use of Lawful Assignment Clause in Contracts

Lawful Assignment. Each such Receivable was not originated in, or is not subject to the laws of, any jurisdiction the laws of which would make unlawful the sale, transfer and assignment of each such Receivable under this Agreement, the Trust Sale Agreement or the Indenture, as applicable.

Appears in 75 contracts

Samples: Pooling Agreement (Ally Auto Receivables Trust 2024-2), Pooling Agreement (Ally Auto Receivables Trust 2024-2), Pooling Agreement (Ally Auto Receivables Trust 2024-1)

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Lawful Assignment. Each such Receivable was not originated in, or is not subject to the laws of, any jurisdiction the laws of which would make unlawful the sale, transfer and assignment of each such Receivable under this Agreement, the Trust Sale and Servicing Agreement or the Indenture, as applicable.

Appears in 30 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-3), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-3), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-2)

Lawful Assignment. Each such Such Receivable was has not been originated in, or is not subject to the laws of, any jurisdiction the laws of under which would make unlawful the sale, transfer and assignment of each such Receivable or any interest therein, including under this the Purchase and Sale Agreement, the Trust Sale Agreement or the Indenture, as applicablewould be unlawful.

Appears in 12 contracts

Samples: Receivables Sale Agreement (GE TF Trust), Receivables Sale Agreement (GE TF Trust), Receivables Sale Agreement (GE TF Trust)

Lawful Assignment. Each such Receivable was not originated in, or is not subject to the laws of, any jurisdiction the laws of which would make unlawful the sale, transfer and assignment of each such Receivable under this Agreement, the Trust Sale Agreement or the Indenture, as applicable.

Appears in 1 contract

Samples: Pooling Agreement (Ally Auto Assets LLC)

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Lawful Assignment. Each such Such Receivable was not originated in, or is not subject to the laws of, any jurisdiction the laws of which would make unlawful the sale, transfer and assignment of each any such Receivable under this Agreement, the Trust Sale and Servicing Agreement or the Indenture, as applicable.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables LLC)

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