Common use of Assignments; Reinsurance; Third-Party Rights Clause in Contracts

Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the parties hereto and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. None of the Trust, AmeriCredit, the Company or AFS SenSub may assign its rights under this Agreement, or delegate any of its duties hereunder, without the prior written consent of Financial Security. Any assignment made in violation of this Agreement shall be null and void.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (AmeriCredit Automobile Receivables Trust 2007-D-F), Insurance and Indemnity Agreement (AFS SenSub Corp.)

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Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the parties hereto and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. None of the Trust, AmeriCredit, the The Company or AFS SenSub may not assign its rights under this Agreement, or delegate any of its duties hereunder, without the prior written consent of Financial Security. Any assignment made in violation of this Agreement shall be null and void.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Aames Capital Corp), Pooling and Servicing Agreement (Aames Mortgage Trust 2000-2)

Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the parties hereto and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. None of Neither the Trust, AmeriCredit, Depositor nor the Company or AFS SenSub may assign its rights under this Agreement, or delegate any of its duties hereunder, without the prior written consent of Financial SecurityFSA. Any assignment made in violation of this Agreement shall be null and void.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Prudential Securities Secured Financing Corp)

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Assignments; Reinsurance; Third-Party Rights. (a) This Agreement shall be a continuing obligation of the parties hereto and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. None of the Trust, AmeriCredit, the The Company or AFS SenSub may not assign its rights under this Agreement, or delegate any of its duties hereunder, without the prior written consent of Financial Security. Any assignment made in violation of this Agreement shall be null and void.duties

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Aames Capital Corp)

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