Common use of Non-assignability; Termination Clause in Contracts

Non-assignability; Termination. The rights and obligations of the parties under this Agreement and under any Transaction shall not be assigned by either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. This Agreement may be cancelled by either party upon giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding.

Appears in 9 contracts

Samples: Master Repurchase Agreement (Wilshire Financial Services Group Inc), Custodian Contract (Northstar Advantage Trust), Master Repurchase Agreement (Wilshire Financial Services Group Inc)

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Non-assignability; Termination. The rights and obligations of the parties under this Agreement and under any Transaction shall not be assigned by either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. This Agreement may be cancelled canceled by either party upon giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Ohio National Fund Inc), Master Repurchase Agreement (LNR Property Corp), Master Repurchase Agreement (Dow Target Variable Fund LLC)

Non-assignability; Termination. 14.1 The rights and obligations of the parties under this Agreement and under any Transaction shall not be assigned by either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and permitted assigns. This Agreement may be cancelled by either party upon giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding.

Appears in 2 contracts

Samples: Repurchase/Reverse Repurchase Transaction Agreement, Repurchase/Reverse Repurchase Transaction Agreement

Non-assignability; Termination. The rights and obligations of the parties under this Agreement and under any Transaction shall not be assigned by either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. This Agreement may be cancelled canceled at any time by either party upon giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homegold Financial Inc)

Non-assignability; Termination. The rights and obligations of the parties under this Agreement and under any Transaction Transactions shall not be assigned by either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. This Agreement may be cancelled by either party upon giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding.

Appears in 1 contract

Samples: Master Repurchase Agreement (Franchise Mortgage Acceptance Co)

Non-assignability; Termination. The rights and obligations of the parties under this Agreement and under any Transaction shall not be assigned by either party without the prior written consent of the other party. party Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. This Agreement may be cancelled by either party upon giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding.

Appears in 1 contract

Samples: Securities Lending and Reverse Repurchase Agreement Services Addendum (Parkstone Group of Funds /Oh/)

Non-assignability; Termination. (a) The rights and obligations of the parties under this Agreement and under any Transaction shall not be assigned by either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. . (b) This Agreement may be cancelled by either party upon giving written and all Transactions outstanding hereunder shall terminate automatically without any requirement for notice to on the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstandingMaturity Date.

Appears in 1 contract

Samples: Master Financing Agreement (Cityscape Financial Corp)

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Non-assignability; Termination. The rights and obligations of the parties under this Agreement and under any Transaction Transactions shall not be assigned by 7PAGE either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. This Agreement may be cancelled canceled by either party upon giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding.

Appears in 1 contract

Samples: Master Repurchase Agreement (Thermoquest Corp \De\)

Non-assignability; Termination. (a) The rights and obligations of the parties under this Agreement and under any Transaction shall not be assigned by either party without the prior written consent of the other party, and any such assignment without the prior written consent of the other party shall be null and void. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. This Agreement may be cancelled by either party upon giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding.

Appears in 1 contract

Samples: Master Repurchase Agreement (First Alliance Corp /De/)

Non-assignability; Termination. The rights and obligations of the parties pates under this Agreement and under any Transaction shall not be assigned by either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. This Agreement may be cancelled by either party upon giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding.

Appears in 1 contract

Samples: Master Repurchase Agreement (Lomas Financial Corp)

Non-assignability; Termination. The rights and obligations of the parties under this Agreement and under any Transaction shall not be assigned by either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure Inure to the benefit of the parties and their respective successors and assigns. This Agreement may be cancelled canceffed by either party upon giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding.

Appears in 1 contract

Samples: Master Repurchase Agreement (Starnet Financial Inc)

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