Common use of Disposition in Whole But Not in Part Clause in Contracts

Disposition in Whole But Not in Part. Each of the Class C Certificate and the Class R Certificate may be transferred in whole but not in part. Any attempted transfer of any Certificate that would divide the beneficial ownership in the Trust shall be void.

Appears in 3 contracts

Samples: Trust Agreement (Long Beach Acceptance Corp), Trust Agreement (Long Beach Acceptance Corp), Trust Agreement (Long Beach Acceptance Corp)

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Disposition in Whole But Not in Part. Each of the Class C Certificate and the The Class R Certificate may be transferred in whole but not in part. Any attempted transfer of any the Certificate that would divide the beneficial ownership in the Trust shall be void.

Appears in 2 contracts

Samples: Trust Agreement (Long Beach Acceptance Auto Receivables Trust 2005-A), Trust Agreement (Long Beach Acceptance Receivables Corp.)

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