Common use of RESTRICTIONS ON TRANSFER OF SUBORDINATED NOTE Clause in Contracts

RESTRICTIONS ON TRANSFER OF SUBORDINATED NOTE. Neither the Subordinated Note, nor any right of any Seller to receive payments thereunder, shall be assigned, transferred, exchanged, pledged, hypothecated, participated or otherwise conveyed.

Appears in 4 contracts

Samples: Receivables Sale Agreement (General Cable Corp /De/), Receivables Sale Agreement (United Stationers Supply Co), Receivables Sale Agreement (Rykoff Sexton Inc)

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RESTRICTIONS ON TRANSFER OF SUBORDINATED NOTE. Neither the Subordinated Note, Note nor any right of any the Seller to receive payments thereunder, shall be assigned, transferred, exchanged, pledged, hypothecated, participated or otherwise conveyed.

Appears in 1 contract

Samples: Purchase and Servicing Agreement (Transmedia Network Inc /De/)

RESTRICTIONS ON TRANSFER OF SUBORDINATED NOTE. Neither the Subordinated Note, nor any right of any Seller USFC to receive payments thereunder, shall be assigned, transferred, exchanged, pledged, hypothecated, participated or otherwise conveyed.

Appears in 1 contract

Samples: Receivables Sale Agreement (United Stationers Supply Co)

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RESTRICTIONS ON TRANSFER OF SUBORDINATED NOTE. Neither The Seller shall not assign, transfer, exchange, pledge, hypothecate, participate or convey the Subordinated Note, nor Note or any right of any the Seller to receive payments thereunder, shall be assigned, transferred, exchanged, pledged, hypothecated, participated or otherwise conveyedthereunder other than to an Affiliate of the Seller.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Goodyear Tire & Rubber Co /Oh/)

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