Common use of Transferor Amount Clause in Contracts

Transferor Amount. Except for (i) the conveyances hereunder, in connection with any transaction permitted by subsection 4.02 or Section 4.04 or as provided in subsection 2.09(g) of this Agreement or Section 2.12 of the Indenture or (ii) conveyances with respect to which the Rating Agency Condition shall have been satisfied and a Tax Opinion shall have been delivered, any Transferor agrees not to transfer, sell, assign, exchange or otherwise convey or pledge, hypothecate or otherwise grant a security interest in the Transferor Amount, the Transferor Certificate or any Supplemental Certificate or the Transferor’s interest in the Trust and any such attempted transfer, assignment, exchange, conveyance, pledge, hypothecation, grant or sale shall be void; provided, however, that nothing in this subsection 2.07(c) shall prevent the owner of an interest in the Transferor Amount from granting to an Affiliate a participation interest or other beneficial interest in the rights to receive cash flows related to the Transferor Amount, if (i) such interest does not grant such Affiliate any rights hereunder or delegate to such Affiliate any obligations or duties hereunder, (ii) such transferor of such interest obtains the prior written consent of the Transferor and (iii) after giving effect to such transfer, the interest in the Transferor Amount owned directly by such Transferor represents an undivided ownership interest in two percent (2.0%) or more of the Trust Assets.

Transferor Amount. Except for (i) the conveyances hereunder, in connection with any transaction permitted by subsection 4.02 4.02(a)(i) or Section 4.04 or as provided in subsection 2.09(g) of this Agreement or Section 2.12 of the Indenture or (ii) conveyances with respect to which the Rating Agency Condition shall have been satisfied and a Tax Opinion shall have been delivered, any such Transferor agrees not to transfer, sell, assign, exchange or otherwise convey or pledge, hypothecate or otherwise grant a security interest in the Transferor Amount, the Transferor Certificate or any Supplemental Certificate or the Transferor’s 's interest in the Trust and any such attempted transfer, assignment, exchange, conveyance, pledge, hypothecation, grant or sale shall be void; provided, however, that nothing in this subsection 2.07(c) shall prevent the owner of an interest in the Transferor Amount from granting to an Affiliate a participation interest or other beneficial interest in the rights to receive cash flows related to the Transferor Amount, if (i) such interest does not grant such Affiliate any rights hereunder or delegate to such Affiliate any obligations or duties hereunder, (ii) such the transferor of such interest obtains the prior written consent of the such Transferor and (iii) after giving effect to such transfer, the interest in the Transferor Amount owned directly by such Transferor represents an undivided ownership interest in two percent (2.0%) or more of the Trust Assets.

Transferor Amount. Except for (i) the conveyances hereunder, in connection with any transaction permitted by subsection 4.02 or Section 4.04 or 4.02(a)(i) and as provided in subsection 2.09(g) of this Agreement or Section 2.12 of the Indenture or (ii) conveyances with respect to which the Rating Agency Condition shall have been satisfied and a Tax Opinion shall have been delivered, any such Transferor agrees not to transfer, sell, assign, exchange or otherwise convey or pledge, hypothecate or otherwise grant a security interest in the Transferor Amount, the Transferor Certificate or any Supplemental Certificate or the Transferor’s 's interest in the Trust and any such attempted transfer, assignment, exchange, conveyance, pledge, hypothecation, grant or sale shall be void; provided, however, that nothing in this subsection 2.07(c) shall prevent the owner of an interest in the Transferor Amount from granting to an Affiliate a participation interest or other beneficial interest in the rights to receive cash flows related to the Transferor Amount, if (i) such interest does not grant such Affiliate any rights hereunder or delegate to such Affiliate any obligations or duties hereunder, (ii) such the transferor of such interest obtains the prior written consent of the such Transferor and (iii) after giving effect to such transfer, the interest in the Transferor Amount owned directly by such Transferor represents an undivided ownership interest in two percent (2.0%) or more of the Trust Assets.

Transferor Amount. Except for (i) the conveyances hereunder, in connection with any transaction permitted by subsection 4.02 or Section 4.04 or 4.02(a)(i) and as provided in subsection 2.09(g) of this Agreement or Section 2.12 of the Indenture or (ii) conveyances with respect to which the Rating Agency Condition shall have been satisfied and a Tax Opinion shall have been delivered, any such Transferor agrees not to transfer, sell, assign, exchange or otherwise convey or pledge, hypothecate or otherwise grant a security interest in the Transferor Amount, the Transferor Certificate or any Supplemental Certificate or the Transferor’s 's interest in the Trust and any such attempted transfer, assignment, exchange, conveyance, pledge, hypothecation, grant or sale shall be void; provided, however, that nothing in this subsection 2.07(c) shall prevent the owner of an interest in the Transferor Amount from granting to an Affiliate a participation interest or other beneficial interest in the rights to receive cash flows related to the Transferor Amount, if (i) such interest does not grant such Affiliate any rights hereunder or delegate to such Affiliate any obligations or duties hereunder, (ii) such the transferor of such interest obtains the prior written consent of the such Transferor and (iii) after giving effect to such transfer, the interest in the Transferor Amount owned directly by such Transferor represents an undivided ownership interest in [two percent (2.0%) or more of the Trust Assets].

Transferor Amount. Except for (i) the conveyances hereunder, in connection with any transaction permitted by subsection 4.02 or Section 4.04 or 4.02(a)(i) and as provided in subsection 2.09(g) of this Agreement or Section 2.12 of the Indenture or (ii) conveyances with respect to which the Rating Agency Condition shall have been satisfied and a Tax Opinion shall have been delivered, any such Transferor agrees not to transfer, sell, assign, exchange or otherwise convey or pledge, hypothecate or otherwise grant a security interest in the Transferor Amount, the Transferor Certificate or any Supplemental Certificate or the Transferor’s 's interest in the Trust and any such attempted transfer, assignment, exchange, conveyance, pledge, hypothecation, grant or sale shall be void; provided, however, that nothing in this subsection 2.07(c2.07(b) shall prevent the owner of an interest in the Transferor Amount from granting to an Affiliate a participation interest or other beneficial interest in the rights to receive cash flows related to the Transferor Amount, if (i) such interest does not grant such Affiliate any rights hereunder or delegate to such Affiliate any obligations or duties hereunder, (ii) such the transferor of such interest obtains the prior written consent of the such Transferor and (iii) after giving effect to such transfer, the interest in the Transferor Amount owned directly by such Transferor represents an undivided ownership interest in two one percent (2.01.0%) or more of the Trust Assets.

Transferor Amount. Except for (i) the conveyances hereunder, in ----------------- connection with any transaction permitted by subsection 4.02 or Section 4.04 or 4.02(a)(i) and as provided in subsection 2.09(g) of this Agreement or Section 2.12 of the Indenture or (ii) conveyances with respect to which the Rating Agency Condition shall have been satisfied and a Tax Opinion shall have been delivered, any such Transferor agrees not to transfer, sell, assign, exchange or otherwise convey or pledge, hypothecate or otherwise grant a security interest in the Transferor Amount, the Transferor Certificate or any Supplemental Certificate or the Transferor’s 's interest in the Trust and any such attempted transfer, assignment, exchange, conveyance, pledge, hypothecation, grant or sale shall be void; provided, however, that nothing in this subsection 2.07(c) shall prevent the owner of an interest in the Transferor Amount from granting to an Affiliate a participation interest or other beneficial interest in the rights to receive cash flows related to the Transferor Amount, if (i) such interest does not grant such Affiliate any rights hereunder or delegate to such Affiliate any obligations or duties hereunder, (ii) such the transferor of such interest obtains the prior written consent of the such Transferor and (iii) after giving effect to such transfer, the interest in the Transferor Amount owned directly by such Transferor represents an undivided ownership interest in two percent (2.0%) or more of the Trust Assets.