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Common use of Lawful Assignment Clause in Contracts

Lawful Assignment. The terms of the Receivable do not limit the right of the owner of the Receivable to sell the Receivable.

Appears in 73 contracts

Sources: Receivables Purchase Agreement (Honda Auto Receivables 2025-3 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2025-3 Owner Trust), Receivables Purchase Agreement (Honda Auto Receivables 2025-2 Owner Trust)

Related Clauses

  • Special Assignment
  • General Assignment
  • Additional Assignments
  • Additional Assignors
  • DEED OF ASSIGNMENT/TRANSFER

Parent Clauses

  • Representations and Warranties
  • Miscellaneous Provisions
  • Miscellaneous
  • The Receivables
  • Representations and Warranties of Seller

Sub-Clauses

  • Contract in Force
  • Valid Security Interest
  • Capacity of Parties
  • Compliance with Law
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