Common use of Transferor's Interest Clause in Contracts

Transferor's Interest. Except for the conveyances hereunder, in connection with any transaction permitted by Section 7.2 and Section 6.3 or any other transaction in connection with which the Rating Agency Condition has been satisfied and the Transferor has delivered to the Trustee a Tax Opinion, the Transferor agrees not to transfer, sell, assign, exchange, participate or pledge, hypothecate or otherwise convey or grant a security interest in the Transferor's Interest represented by the Transferor Security and any such attempted transfer, assignment, exchange, conveyance, pledge, hypothecation, grant or sale shall be void.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Partners First Receivables Funding Corp), Pooling and Servicing Agreement (Partners First Credit Card Master Trust)

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Transferor's Interest. Except for the conveyances hereunder, in connection with any transaction permitted by Section 7.2 and Section 6.3 or any other transaction in connection with which the Rating Agency Condition has been satisfied and the Transferor has delivered to the Trustee a Tax Opinion, the Transferor agrees not to transfer, sell, assign, exchange, participate or pledge, hypothecate or otherwise convey or grant a security interest in the Transferor's Interest represented by the Transferor Security Certificate and any such attempted transfer, assignment, exchange, conveyance, pledge, hypothecation, grant or sale shall be void.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Partners First Receivables Funding Corp)

Transferor's Interest. Except for the conveyances hereunder, in --------------------- connection with the Participation Agreement, in connection with any transaction permitted by Section 7.2 and Section 6.3 or any other transaction in connection with which the Rating Agency Condition has been satisfied and the Transferor has delivered to the Trustee a Tax Opinion, the Transferor agrees not to transfer, sell, assign, exchange, participate or pledge, hypothecate or otherwise convey or grant a security interest in the Transferor's Interest represented by the Transferor Security and any such attempted transfer, assignment, exchange, conveyance, pledge, hypothecation, grant or sale shall be void.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First National Bank of Atlanta)

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Transferor's Interest. Except for the conveyances hereunder, in connection with any transaction permitted by Section 7.2 and Section 6.3 or any other transaction in connection with wit which the Rating Agency Condition has been satisfied and the Transferor has delivered to the Trustee a Tax Opinion, the Transferor agrees not to transfer, sell, assign, exchange, participate or pledge, hypothecate or otherwise convey or grant a security interest in the Transferor's Interest represented by the Transferor Security Certificate or any Supplemental Certificate and any such attempted transfer, assignment, exchange, conveyance, pledge, hypothecation, grant or sale shall be void.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Partners First Receivables Funding Corp)

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