Common use of Lawful Assignment Clause in Contracts

Lawful Assignment. The Contract was not originated in and is not subject to the laws of any jurisdiction whose laws would make the transfer of the Contract pursuant to this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceable.

Appears in 30 contracts

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Conseco Finance Securitizations Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)

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Lawful Assignment. The Contract was not originated in and is not ----------------- subject to the laws of any jurisdiction whose laws would make the transfer of the Contract pursuant to this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceable.

Appears in 12 contracts

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)

Lawful Assignment. The Contract and any related Mortgage was not originated in and is not subject to the laws of any jurisdiction whose laws would make the transfer or ownership of the Contract pursuant to under this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, Certificates unlawful or render the Contract unenforceable.

Appears in 12 contracts

Samples: Custodial Agreement (Vanderbilt Mort & Fin Inc Senior Sub Pas THR Cert Ser 2002-C), Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc MFR HSG Sr Sub Pa Th Ce Sr 1998c), Pooling and Servicing Agreement (Vanderbilt Mortgage & Fin Inc Sen Sub Pa Th Cert Ser 2002-1)

Lawful Assignment. The Contract was not originated in and is not ----------------- subject to the laws of any jurisdiction whose laws would make the transfer of such Contract from the Contract pursuant Seller to the Trust Fund under this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceableunlawful.

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Greenpoint Financial Corp), Pooling and Servicing Agreement (Greenpoint Credit LLC), Pooling and Servicing Agreement (Greenpoint Credit LLC)

Lawful Assignment. The Contract was not originated in and is not subject to the laws of any jurisdiction whose laws would make the transfer of the Contract pursuant to this Agreement or pursuant to transfers of Notes or Certificates, or the ownership of the Contract by the TrustIssuer, unlawful or render the Contract unenforceable.

Appears in 7 contracts

Samples: Asset Purchase Agreement (Origen Residential Securities, Inc.), Asset Purchase Agreement (Origen Residential Securities, Inc.), Asset Purchase Agreement (Origen Residential Securities, Inc.)

Lawful Assignment. The Contract and any related Mortgage was not ----------------- originated in and is not subject to the laws of any jurisdiction whose laws would make the transfer or ownership of the Contract pursuant to under this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, Certificates unlawful or render the Contract unenforceable.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Man Ho Co Se Su Pa Th Ce Se 1998a), Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Sen Sub Pass THR Cert Ser 2000-D), Custodial Agreement (Vanderbilt Mort & Fin Inc Pass Throu Cert Ser 1998b)

Lawful Assignment. The Contract was has not been originated in in, and is not subject to the laws of of, any jurisdiction whose laws would make under which the transfer sale, transfer, and assignment of the such Contract pursuant to under this Agreement or pursuant to which transfers of Certificates, the Contracts or the ownership of the Contract by the Trustrelated certificates of title are unlawful, unlawful void or render the Contract unenforceablevoidable.

Appears in 3 contracts

Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement

Lawful Assignment. The Contract was has not been originated in in, and is not subject to the laws of of, any jurisdiction whose laws would make under which the transfer sale, transfer, and assignment of the such Contract pursuant hereunder to this Agreement Purchaser or pursuant to which transfers of Certificatesthe Contracts to Purchaser are unlawful, void, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceablevoidable.

Appears in 2 contracts

Samples: Master Purchase and Sale Agreement (Autocorp Equities Inc), Master Purchase and Sale Agreement (Autocorp Equities Inc)

Lawful Assignment. The Contract was has not been originated in in, and is not subject to the laws of of, any jurisdiction whose laws would make under which the sale, transfer and assignment of the such Contract pursuant hereunder to this Agreement Purchaser or pursuant to which transfers of Certificatesthe Contracts to Purchaser are unlawful, void or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceablevoidable.

Appears in 2 contracts

Samples: Master Purchase and Sale Agreement (Autocorp Equities Inc), Master Purchase and Sale Agreement (Autocorp Equities Inc)

Lawful Assignment. The Contract was not originated in and is not subject to the laws of any jurisdiction whose laws would make the transfer of the Contract pursuant to this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceable. The Seller has received all consents and approvals necessary under the terms of the Contract to or of the transfer of the Contract to the Trust.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp), Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

Lawful Assignment. The Contract was not originated in and is not subject to the laws of any jurisdiction whose laws would make the transfer of such Contract from the Contract pursuant Seller to the Trustee under this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceableunlawful.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Greenpoint Credit Manufactured Housing Cont Tru Ser 2001-2), Pooling and Servicing Agreement (Greenpoint Credit Man Housing Cont Tr Pas THR Cert Ser 01 1)

Lawful Assignment. The Contract was not originated in and is ----------------- not subject to the laws of any jurisdiction whose laws would make the transfer of the Contract pursuant to this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceable. The Seller has received all consents and approvals necessary under the terms of the Contract to or of the transfer of the Contract to the Trust.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

Lawful Assignment. The Contract was not originated in and is not ----------------- subject to the laws of any jurisdiction whose laws would make the transfer of such Contract from the Contract pursuant Seller to the Trustee under this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceableunlawful.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Greenpoint Credit LLC)

Lawful Assignment. The Contract was not originated in and in, nor is not subject to the laws of, any jurisdiction under which the sale, transfer, or assignment of such Contract under this Agreement is unlawful, void, or voidable. Neither Seller nor Dealer has entered into any agreement with any Obligor that prohibits, restricts or conditions the assignment of any jurisdiction whose laws would make the transfer portion of the Contract pursuant to this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceableContract.

Appears in 1 contract

Samples: Sale and Purchase Agreement (National Auto Finance Co Inc)

Lawful Assignment. The Contract was not originated in and is not ----------------- subject to the laws of any jurisdiction whose laws would make the transfer of such Contract from such Contract Seller to the Contract pursuant to Trust Fund under this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceableunlawful.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bank of America National Trust & Saving Association)

Lawful Assignment. The Contract was not originated in and is not subject to the laws of any jurisdiction whose laws would make the transfer of the Contract pursuant to the Company under the Sale and Purchase Agreement, the transfer of the Contract to the Trustee under this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract Contracts by the Trust, unlawful or render the Contract unenforceableunlawful.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cit Group Securitization Corp Ii)

Lawful Assignment. The Contract was not originated in and is not subject to the laws of any jurisdiction whose laws would make prohibit the transfer of the Contract pursuant to the Company under the Purchase Agreement, the transfer of the Contract to the Trust under this Agreement Agreement, or pursuant to transfers of CertificatesSecurities, or the ownership of the Contract Contracts by the Trust, unlawful or render the Contract unenforceable.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Cit Marine Trust 1999-A)

Lawful Assignment. The Contract was not originated in and is not subject to the laws of any jurisdiction whose laws would make the transfer of the Contract or an interest therein pursuant to the Transfer Agreement or this Agreement Agreement, or pursuant to transfers of Certificates, or the ownership of the Contract by the TrustSecurities, unlawful or render the Contract unenforceable.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Conseco Finance Securitizations Corp)

Lawful Assignment. The Contract was not originated in and is not subject to the laws of any jurisdiction whose laws would make the transfer of the Contract pursuant to this Agreement Agreement, or pursuant to transfers of Certificates, or the ownership of the Contract by the TrustSecurities, unlawful or render the Contract unenforceable.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Green Tree Financial Corp)

Lawful Assignment. The Contract was not originated in and is ----------------- not subject to the laws of any jurisdiction whose laws would make the transfer of such Contract from the Contract pursuant Seller to the Purchaser under this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceableunlawful.

Appears in 1 contract

Samples: Contract Sale and Servicing Agreement (Greenpoint Credit LLC)

Lawful Assignment. The Contract was not originated in and is not ----------------- subject to the laws of any jurisdiction whose laws would make the transfer of the Contract pursuant to under this Agreement or pursuant to transfers of Certificates, the Certificates or the ownership of the Contract by the Trust, Class C Certificates unlawful or render the Contract unenforceable.. The Seller has duly executed a valid blanket assignment of the Contracts transferred to the Trust, and has transferred all its right, title and interest in such

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

Lawful Assignment. The Contract was not originated in and is not ----------------- subject to the laws of any jurisdiction whose laws would make the transfer of the Contract or an interest therein pursuant to the Transfer Agreement or this Agreement Agreement, or pursuant to transfers of Certificates, or the ownership of the Contract by the TrustSecurities, unlawful or render the Contract unenforceable.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Conseco Finance Corp)

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Lawful Assignment. The Such Contract was not ----------------- originated in and is not subject to the laws of any jurisdiction whose the laws of which would make the transfer of the Contract pursuant to this under the Receivables Purchase Agreement or pursuant to transfers the Grant of Certificates, or the ownership of the such Contract by the Trust, unlawful or render the Contract unenforceableunder this Credit Agreement unlawful.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

Lawful Assignment. The Such Contract was not originated in and is not subject to the laws of any jurisdiction whose the laws of which would make the transfer of the Contract pursuant to under this Agreement or pursuant to transfers the Grant of Certificates, or such Contract under the ownership of the Contract by the Trust, unlawful or render the Contract unenforceableCredit Agreement unlawful.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fairfield Communities Inc)

Lawful Assignment. The Contract was has not been originated in in, and is not subject to the laws of of, any jurisdiction whose laws would make under which the transfer sale, transfer, and assignment of the such Contract pursuant to under this Agreement or pursuant to which transfers of Certificatesthe Contracts are unlawful, void or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceablevoidable.

Appears in 1 contract

Samples: Participation and Servicing Agreement (Check Mart of New Mexico Inc)

Lawful Assignment. The Each Contract was not originated in and is not subject to the laws of any jurisdiction whose laws would make the transfer of the Contract (including the related Security Instrument) pursuant to this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract (including the related Security Instrument) unenforceable.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Fleetwood Enterprises Inc/De/)

Lawful Assignment. The Contract was not originated in and is not ----------------- subject to the laws of any jurisdiction whose laws would make the transfer of the Contract pursuant to this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceable. The Seller has received all consents and approvals necessary under the terms of the Contract to or of the transfer of the Contract to the Trust.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

Lawful Assignment. The Such Contract was not originated in and is not ------------------ subject to the laws of any jurisdiction whose the laws of which would make the transfer of the Contract pursuant to this under the Receivables Purchase Agreement or pursuant to transfers the Grant of Certificates, or the ownership of the such Contract by the Trust, unlawful or render the Contract unenforceableunder this Credit Agreement unlawful.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

Lawful Assignment. The Contract and any related Mortgage was not originated in and is not subject to the laws of any jurisdiction whose laws would make the transfer of the Contract pursuant from the Seller to the Depositor or the transfer or ownership of the Contract under this Agreement or pursuant to transfers of CertificatesCertificates unlawful, void or voidable or affect the ownership enforceability of the Contract by the Trust, unlawful or render the Contract unenforceableContract.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Lawful Assignment. The Such Contract was not originated in and is not ------------------ subject to the laws of any jurisdiction whose the laws of which would make the transfer of the Contract pursuant to under this Agreement or pursuant to transfers the Grant of Certificates, or such Contract under the ownership of the Contract by the Trust, unlawful or render the Contract unenforceablePledge and Servicing Agreement unlawful.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fairfield Communities Inc)

Lawful Assignment. The Contract and any related Mortgage was not originated in and is not subject to the laws of any jurisdiction whose laws would make the transfer of the Contract pursuant from the Seller to the Depositor or the transfer or ownership of the Contract under this Agreement or pursuant to transfers of CertificatesCertificates unlawful, void or the ownership of the Contract by the Trust, unlawful voidable or render the Contract unenforceableunenforceable in any respect.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Indymac Abs Inc)

Lawful Assignment. The Such Contract was not originated in and is not ------------------ subject to the laws of any jurisdiction whose the laws of which would make the transfer of the Contract pursuant to under the Receivables Purchase Agreement or the Grant of such Contract under this Agreement or pursuant to transfers of Certificates, or the ownership of the Contract by the Trust, unlawful or render the Contract unenforceableunlawful.

Appears in 1 contract

Samples: Pledge and Servicing Agreement (Fairfield Communities Inc)

Lawful Assignment. The Such Contract was not originated in and is ------------------ not subject to the laws of any jurisdiction whose the laws of which would make the transfer of the Contract pursuant to under this Agreement or pursuant to transfers the Grant of Certificates, or such Contract under the ownership of the Contract by the Trust, unlawful or render the Contract unenforceableCredit Agreement unlawful.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fairfield Communities Inc)

Lawful Assignment. The Such Contract was not originated in and is not ----------------- subject to the laws of any jurisdiction whose the laws of which would make the transfer of the Contract pursuant to this under the Receivables Purchase Agreement or pursuant to transfers the Grant of Certificates, or the ownership of the such Contract by the Trust, unlawful or render the Contract unenforceableunder this Credit Agreement unlawful.

Appears in 1 contract

Samples: Credit Agreement (Fairfield Communities Inc)

Lawful Assignment. The Such Contract was not originated in and is not ----------------- subject to the laws of any jurisdiction whose the laws of which would make the transfer of the Contract pursuant to under this Agreement or pursuant to transfers the Grant of Certificates, or such Contract under the ownership of the Contract by the Trust, unlawful or render the Contract unenforceableCredit Agreement unlawful.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fairfield Communities Inc)

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