Otherwise Void. Any purported assignment, pledge, or other transfer in violation of this section is void from beginning and not effective.
Appears in 5 contracts
Samples: Loan Agreement (Matrix Capital Corp /Co/), Loan and Security Agreement (Ryland Group Inc), Credit Agreement (Rac Financial Group Inc)
Otherwise Void. Any purported assignment, pledge, or other transfer in violation of this section is void from the beginning and not effective.
Appears in 4 contracts
Samples: Credit Agreement (Cfi Mortgage Inc), Credit Agreement (American Business Financial Services Inc /De/), Loan Agreement (Imc Mortgage Co)