Common use of Valid Transfer and Assignment Clause in Contracts

Valid Transfer and Assignment. The execution and delivery of this Agreement by the Seller and the consummation of the transactions provided for in this Agreement have been duly authorized by the Seller by all necessary corporate action on its part, and this Agreement will remain from the time of its execution, an official record of the Seller.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Mellon Premium Finance Loan Owner Trust), Receivables Purchase Agreement (Mellon Premium Finance Loan Owner Trust)

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Valid Transfer and Assignment. The execution and delivery of this Agreement by the Seller Purchaser and the consummation of the transactions provided for in this Agreement have been duly authorized by the Seller Purchaser by all necessary corporate action on its part, and this Agreement will remain from the time of its execution, an official record of the SellerPurchaser.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Mellon Premium Finance Loan Owner Trust), Receivables Purchase Agreement (Mellon Premium Finance Loan Owner Trust)

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Valid Transfer and Assignment. The execution and delivery of this Agreement by the Seller Purchaser and the consummation of the transactions provided for in this Agreement have been duly authorized by the Seller Purchaser by all necessary corporate action on its part, and this Agreement will remain from the time of its execution, an official record of the SellerPurchaser.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Mellon Premium Finance Loan Owner Trust)

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