Validity of Assignment. (i) the Offered Receivables are obligations which can be transferred by way of sale and assignment, such transfer is not subject to any contractual or legal restrictions, including, for the avoidance of doubt, any applicable data protection laws; and
Validity of Assignment of the Eligible Receivables The assignment of each Receivable purported to be assigned under the Transaction Documents and the Associated Rights linked to it is or will be, on the relevant Purchase Date, valid and binding between the Originator and the Purchaser, enforceable against any third party and no challenge has been raised by any person in relation to such assignment.
Validity of Assignment. Assignor and Assignee acknowledge that this Assumption shall have no force, effect or validity unless Assignor and Assignee consummate the transfer.
Validity of Assignment. Upon payment in full of all of the Buyer’s obligations under this Agreement, the Authority shall deliver to the holder of the Account a release in writing of the interest conveyed and assigned by the Buyer to the Authority herein. Upon delivery of such release, this Assignment of Account shall become void and of no effect. (INSERT PARAGRAPH ONLY IF THERE IS COLLATERAL FOR THE TRANSACTION}
Validity of Assignment. This Assignment shall remain in full force and effect until and unless the Transfer and the Charge referred to herein and in the Loan Agreement are duly registered against the separate issue document of title or the separate strata title to the Property or the whole of the Moneys Hereby Secured by the Property together with interest thereon and all the other moneys payable to the Bank hereunder and under the Loan Agreement, the Assignment and the Security Documents are paid in full, whichever first happens.
Validity of Assignment. Sellers' rights and obligations under all Customer Agreements and other agreements assigned to CA under this Agreement are hereby duly and validly assigned to CA; that such assignment does not and will not give rise to the ability of any other party to such agreements to terminate such agreements or to otherwise modify the rights and obligations thereunder; and that such assignments will not result in any liability being imposed on CA other than to perform such agreements in the future.
Validity of Assignment. No assignment of this Lease except upon the consent of Landlord shall have any validity. No assignment of this Lease shall relieve or release Tenant of and from any obligations of Tenant under this Lease. Any consent by Landlord under paragraph 21(a) above shall apply only to the specific transaction thereby authorized and shall not relieve Tenant from the requirement of obtaining the prior written consent of Landlord to any further mortgage, sale or assignment of this Lease. If all or any part of the Demised Premises be sublet or occupied by anyone other than Tenant, Landlord may, after default by Tenant, collect subrent from any and all subtenants or occupants and apply the net amount collected to the net annual rent reserved herein, but no such collection shall be, or be deemed to be, a waiver of any agreement, term, covenant or condition of this Lease or the acceptance by Landlord of any subtenant or occupant as Tenant, or a release of Tenant from performance by Tenant of its obligations under this Lease.
Validity of Assignment. Any proposed assignment under this Article 16 shall not serve as an effective assignment of this Agreement unless and until the assignee delivers to the non-assigning Party its written undertaking to be bound by and perform all obligations of the assignor under this Agreement, as if it were the assignor.
Validity of Assignment. Mountain Capital's rights and obligations under all agreements to be assigned hereby to Propell are assignable as contemplated by this Agreement and will be duly and validly assigned to Propell on the Closing Date; such assignment will not give rise to the ability of any other party to such agreements to terminate such agreements or to otherwise modify the rights and obligations thereunder; and such assignments will not result in any liability being imposed on Propell other than to perform its assumed obligations under such agreements after the Closing.
Validity of Assignment. Auleron's rights and obligations under all agreements to be assigned hereby to Propell are assignable as contemplated by this Agreement and will be duly and validly assigned to Propell on the Closing Date; such assignment will not give rise to the ability of any other party to such agreements to terminate such agreements or to otherwise modify the rights and obligations thereunder; and such assignments will not result in any liability being imposed on Propell other than to perform its assumed obligations under such agreements after the Closing.
