Common use of The Transferor Interest Clause in Contracts

The Transferor Interest. Except as otherwise permitted herein and in the Trust Agreement, including in Sections 2.9 and 4.2 of this Agreement and in Section 3.4 of the Trust Agreement, Transferor agrees not to transfer, assign, exchange, participate or otherwise convey or pledge, hypothecate, rehypothecate or otherwise grant a security interest in the Transferor Interest (or any interest therein) or any Supplemental Interest (or any interest therein) and any such attempted transfer, assignment, exchange,, participation, conveyance, pledge, hypothecation, rehypothecation or grant shall be void.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement, Transfer and Servicing Agreement (Alliance Data Systems Corp)

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The Transferor Interest. Except as otherwise permitted herein and in the Trust Agreement, including in Sections SECTIONS 2.9 and 4.2 of this Agreement and in Section 3.4 of the Trust Agreement, Transferor agrees not to transfer, assign, exchange, participate exchange or otherwise convey or pledge, hypothecate, rehypothecate hypothecate or otherwise grant a security interest in the Transferor Interest (or any interest therein) or any Supplemental Interest Certificate (or any interest therein) and any such attempted transfer, assignment, exchange,, participation, conveyance, pledge, hypothecation, rehypothecation hypothecation or grant shall be void.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (World Financial Network Credit Card Master Trust)

The Transferor Interest. Except as otherwise permitted herein and in the Trust Agreement, including in Sections 2.9 and 4.2 3.2 of this Agreement and in Section 3.4 of the Trust Agreement, Transferor agrees not to transfer, assign, exchange, participate or otherwise convey or pledge, hypothecate, rehypothecate or otherwise grant a security interest in the Transferor Interest (or any interest therein) or any Supplemental Interest (or any interest therein) and any such attempted transfer, assignment, exchange,, participation, conveyance, pledge, hypothecation, rehypothecation or grant shall be void.

Appears in 1 contract

Samples: Transfer Agreement (Bread Financial Holdings, Inc.)

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The Transferor Interest. Except as otherwise permitted herein and in the Trust Agreement, including in Sections SECTIONS 2.9 and 4.2 of this Agreement and in Section 3.4 of the Trust Agreement, Transferor agrees not to transfer, assign, exchange, participate exchange or otherwise convey or pledge, hypothecate, rehypothecate hypothecate or otherwise grant a security interest in the Transferor Interest (or any interest therein) or any Supplemental Interest (or any interest therein) and any such attempted transfer, assignment, exchange,, participation, conveyance, pledge, hypothecation, rehypothecation hypothecation or grant shall be void.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (World Financial Network Credit Card Master Trust)

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