Subsequent Receivables Not Assumable. No Subsequent Receivable is assumable by another Person in a manner which would release the Obligor thereof from such Obligor's obligations to the Transferor, LBAC or LBARC-WI with respect to such Subsequent Receivable.
Appears in 7 contracts
Samples: Sale and Servicing Agreement (Long Beach Acceptance Receivables Corp. II), Sale and Servicing Agreement (Long Beach Acceptance Auto Receivables Trust 2005-B), Sale and Servicing Agreement (Long Beach Acceptance Auto Receivables Trust 2005-A)
