Common use of Further Assignments Clause in Contracts

Further Assignments. NFC acknowledges that NFRRC may, pursuant to the Further Transfer and Servicing Agreements, sell the Receivables to the Issuer and assign its rights hereunder to the Issuer, subject to the terms and conditions of the Further Transfer and Servicing Agreements, and that the Issuer may in turn further pledge, assign or transfer its rights in the Receivables and this Agreement. NFC further acknowledges that NFRRC may assign its rights under the Custodian Agreement to the Issuer.

Further Assignments. NFC acknowledges that NFRRC mayshall, pursuant to the Further Transfer and Servicing Agreements, sell the Designated Receivables to the Issuer Subsequent Transferee and assign its rights hereunder to the IssuerSubsequent Transferee, subject to the terms and conditions of the Further Transfer and Servicing Agreements, and that the Issuer Subsequent Transferee may in turn further pledge, assign or transfer its rights in the Designated Receivables and this Agreement. NFC further acknowledges that NFRRC may assign its rights under the Custodian Agreement to the IssuerSubsequent Transferee.

Further Assignments. NFC acknowledges that NFRRC mayshall, pursuant to the Further Transfer and Servicing Agreements, sell the Designated Receivables to the Issuer and assign its rights hereunder to the Issuer, subject to the terms and conditions of the Further Transfer and Servicing Agreements, and that the Issuer may in turn further pledge, assign or transfer its rights in the Designated Receivables and this Agreement. NFC further acknowledges that NFRRC may assign its rights under the Custodian Agreement to the Issuer.

Further Assignments. NFC acknowledges that NFRRC may, ------------------- pursuant to the Further Transfer and Servicing Agreements, sell the Receivables to the Issuer and assign its rights hereunder to the Issuer, subject to the terms and conditions of the Further Transfer and Servicing Agreements, and that the Issuer may in turn further pledge, assign or transfer its rights in the Receivables and this Agreement. NFC further acknowledges that NFRRC may assign its rights under the Custodian Agreement to the Issuer.

Further Assignments. NFC acknowledges that NFRRC may, pursuant to the Further Transfer and Servicing AgreementsAgree- ments, sell the Receivables to the Issuer and assign its rights hereunder to the Issuer, subject to the terms and conditions of the Further Transfer and Servicing Agreements, and that the Issuer may in turn further pledge, assign or transfer its rights in the Receivables and this Agreement. NFC further acknowledges that NFRRC may assign its rights under the Custodian Agreement to the Issuer.