Common use of No Assignment, Encumbrance, or Transfer Clause in Contracts

No Assignment, Encumbrance, or Transfer. Plaintiffs, other than the Receiver, represent and warrant that they are the owners of the Settled Claims and that they have not, in whole or in part, assigned, encumbered, sold, pledged as security, or in any manner transferred or compromised the Settled Claims against the BMB Defendants and the BMB Released Parties. The Receiver represents and warrants that, other than assigning the Settled Claims against the BMB Defendants to the Committee, he has not, in whole or in part, assigned, encumbered, sold, pledged as security, or in any manner transferred or compromised the Settled Claims against the BMB Defendants and the BMB Released Parties.

No Assignment, Encumbrance, or Transfer. The Plaintiffs, other than the Receiver, represent and warrant that they are the owners of the Settled Claims and that they have not, in whole or in part, assigned, encumbered, sold, pledged as security, or in any manner transferred or compromised the Settled Claims against the BMB Defendants BDO Entities and the BMB BDO Released Parties. The Receiver represents and warrants that, other than assigning the Settled Claims against the BMB Defendants BDO Entities to the Committee, he has not, in whole or in part, assigned, encumbered, sold, pledged as security, or in any manner transferred or compromised the Settled Claims against the BMB Defendants BDO Entities and the BMB BDO Released Parties.