No Assignment of Receivables Sample Clauses

No Assignment of Receivables. The Guarantor shall not assign the receivables from the Canadian Borrower or other Subsidiaries referenced in Section 7.4(d) to any person other than the Canadian Borrower or another Subsidiary or the Agent.] [Note: Insert the foregoing square-bracketed wording for a guarantee from a Baytex LuxCo.]
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No Assignment of Receivables. The Borrower shall not permit Baytex Hungary to assign the receivables from Baytex U.S. referenced in Section 10.2.1(e) or the Hungary Parent Loans to any person other than the Agent.
No Assignment of Receivables. The Borrower shall not permit Baytex Luxembourg to assign the receivables from Baytex U.S. referenced in Section 10.3(e) or the Luxembourg Parent Loans to any person other than the Agent.
No Assignment of Receivables. Except for the sale to the Assignee, the Assignor has not assigned or pledged any Receivable or any interest or participation therein.

Related to No Assignment of Receivables

  • Transfer of Receivables Pursuant to the Sale and Servicing Agreement, the Purchaser will assign all of its right, title and interest in, to and under the Receivables and other assets described in Section 2.1

  • Conveyance of Receivables (a) In consideration of the Issuer’s delivery to or upon the order of the Seller of the Certificates and the net proceeds of the sale of the Notes, less an amount equal to the Reserve Fund Initial Deposit to be deposited to the Reserve Fund and the Yield Supplement Account Deposit to be deposited to the Yield Supplement Account, each on the Closing Date, the Seller does hereby sell, transfer, assign, set over and otherwise convey to the Issuer, without recourse (subject to the obligations of the Seller set forth herein), all right, title and interest of the Seller in, to and under:

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