Common use of Assignment and Transferability Clause in Contracts

Assignment and Transferability. This Note shall be binding upon the Maker and the Maker's successors and assigns. Navistar International Corporation may transfer this Note to another party, but shall in no event be relieved of its obligations pursuant to paragraphs 3 and 5 hereof.

Appears in 2 contracts

Sources: Executive Severance Agreement (Navistar International Corp /De/New), Executive Severance Agreement (Navistar International Transportation Corp)