Common use of Effectiveness of Assignment Clause in Contracts

Effectiveness of Assignment. Following the execution of this Assignment and Acceptance by the Assignor, the Managing Agent, [and] the Assignee, [the Borrower and the Servicer,] it will be delivered to the Program Agent for acceptance and recording by the Program Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Program Agent, unless otherwise specified in Section 3 of the signature page hereto (the “Effective Date”).

Effectiveness of Assignment. Following the execution of this Assignment and Acceptance by the Assignor, the Managing Agent, [and] the Assignee, [the Borrower and the Servicer,] it will be delivered to the Program Administrative Agent for acceptance and recording by the Program Administrative Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Program Administrative Agent, unless otherwise specified in Section 3 of the signature page hereto (the “Effective Date”).

Effectiveness of Assignment. Following the execution of this Assignment and Acceptance by the Assignor, the Managing Facility Agent, [and] the Assignee, [the Borrower and the Servicer,] it will be delivered to the Program Administrative Agent for acceptance and recording by the Program Administrative Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Program Administrative Agent, unless otherwise specified in Section 3 of the signature page hereto (the “Effective Date”).

Effectiveness of Assignment. Following the execution of this Assignment and Acceptance by the Assignor, the Managing Agent, [and] the Assignee, [the Borrower and the Servicer,Borrower] it will be delivered to the Program Administrative Agent for acceptance and recording by the Program Administrative Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Program Administrative Agent, unless otherwise specified in Section 3 of the signature page hereto (the “Effective Date”).

Effectiveness of Assignment. Following the execution of this Assignment and Acceptance by the Assignor, the Managing Administrative Agent, [and] the Assignee, [the Borrower and the ServicerBorrower,] 2 it will be delivered to the Program Agent for acceptance and recording by the Program Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Program Agent, unless otherwise specified in Section 3 of the signature page hereto (the “Effective Date”). 2 Borrower’s consent only required in those instances set forth in Section 10.03 of the Agreement.

Effectiveness of Assignment. Following the execution of this Assignment and Acceptance by the Assignor, the Managing Administrative Agent, [and] the Assignee, [the Borrower and the Servicer,] Borrower,]2 it will be delivered to the Program Agent for acceptance and recording by the Program Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Program Agent, unless otherwise specified in Section 3 of the signature page hereto (the “Effective Date”). 2 Borrower’s consent only required in those instances set forth in Section 10.03 of the Agreement.

Effectiveness of Assignment. Following the execution of this Assignment and Acceptance by the Assignor, the Managing Administrative Agent, [and] the Assignee, [the Borrower and the Servicer,] Borrower,]2 it will be delivered to the Program Agent for acceptance and recording by the Program Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Program Agent, unless otherwise specified in Section 3 of the signature page hereto (the “Effective Date”).

Effectiveness of Assignment. Following the execution of this Assignment and Acceptance by the Assignor, the Managing Agent, [and] the Assignee, [the Borrower and the Servicer,] it will be delivered to the Program Agent for acceptance and recording by the Program Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Program Agent, unless otherwise specified in Section 3 of the signature page hereto (the “"Effective Date”").

Effectiveness of Assignment. Following the execution of this Assignment and Acceptance by the Assignor, the Managing Administrative Agent, [and] the Assignee, [the Borrower and the Servicer,] Borrower,]2 it will be delivered to the Program Agent for acceptance and recording by the Program Agent. The effective date of this Assignment and Acceptance shall be the date of 2 Borrower’s consent only required in those instances set forth in Section 10.03 of the Agreement. acceptance thereof by the Program Agent, unless otherwise specified in Section 3 of the signature page hereto (the “Effective Date”).

Effectiveness of Assignment. Following the execution of this Assignment and Acceptance by the Assignor, the Managing Administrative Agent, [and] the Assignee, [the Borrower and the Servicer,] Borrower,](2) it will be delivered to the Program Agent for acceptance and recording by the Program Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Program Agent, unless otherwise specified in Section 3 of the signature page hereto (the “"Effective Date”").

Effectiveness of Assignment. a. Following the execution of this Assignment and Acceptance by the Assignor, the Managing Assignee the Program Agent, [the applicable Investor Agent, and] , if required by the Assigneeterms of the Agreement, [the Borrower and the Servicer,] Seller, it will be delivered to the Program Agent for acceptance and recording by the Program Agent. The effective date of this Assignment and Acceptance shall be the date of acceptance thereof by the Program Agent, unless otherwise specified in Section 3 of the signature page on Schedule I hereto (the “Effective Date”).