Additional Rights and Obligations in Respect of Receivables Sample Clauses

The "Additional Rights and Obligations in Respect of Receivables" clause defines specific entitlements and responsibilities that parties have regarding receivables under the agreement. This may include requirements for the seller to provide information about outstanding receivables, obligations to notify the buyer of any changes, or rights for the buyer to collect payments directly from debtors. By clarifying these additional terms, the clause ensures both parties understand their roles in managing receivables, thereby reducing disputes and facilitating smooth financial transactions.
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Additional Rights and Obligations in Respect of Receivables. 25 SECTION 7.1 Rights of the Buyer 25 SECTION 7.2 Responsibilities of the Originators 25 SECTION 7.3 Further Action Evidencing Purchases 26 SECTION 7.4 Application of Collections 26 -ii- SECTION 7.5 Performance of Obligations 26
Additional Rights and Obligations in Respect of Receivables. 6.1. Responsibilities of the Originator. Anything herein to the contrary notwithstanding:
Additional Rights and Obligations in Respect of Receivables. 9.1 Responsibilities of the French Originator. Anything herein to the contrary notwithstanding:
Additional Rights and Obligations in Respect of Receivables. Responsibilities of the Spanish Originator. Anything herein to the contrary notwithstanding:
Additional Rights and Obligations in Respect of Receivables 

Related to Additional Rights and Obligations in Respect of Receivables

  • Assignment of Rights and Obligations (a) Without Owners’ prior written consent, Managing Agent shall not sell, transfer, assign or otherwise dispose of or mortgage, hypothecate or otherwise encumber or permit or suffer any encumbrance of all or any part of its rights and obligations hereunder, and any transfer, encumbrance or other disposition of an interest herein made or attempted in violation of this paragraph shall be void and ineffective, and shall not be binding upon Owners. Notwithstanding the foregoing, Managing Agent may assign its rights and delegate its obligations under this Agreement to any subsidiary of Parent so long as such subsidiary is then and remains Controlled by Parent. (b) Owners, without Managing Agent’s consent, may not assign their respective rights or delegate their respective obligations hereunder. (c) Any assignment permitted hereunder shall not release the assignor hereunder.