Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor's obligations to AFL with respect to such Receivable.
Appears in 8 contracts
Samples: Receivables Purchase Agreement (Arcadia Receivables Finance Corp), Receivables Purchase Agreement (Arcadia Financial LTD), Receivables Purchase Agreement (Arcadia Receivables Finance Corp)
Receivable Not Assumable. No Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor's obligations to AFL OFL with respect to such Receivable.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Olympic Receivables Finance Corp), Receivables Purchase Agreement (Olympic Financial LTD), Receivables Purchase Agreement (Olympic Financial LTD)
