Non-assignability; Termination. (a) Subject to sub-paragraph (b) below, the rights and obligations of the parties under this Agreement and under any Transaction shall not be assigned, charged or otherwise dealt with by either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns. (b) Sub-paragraph (a) above shall not preclude a party from assigning, charging, or otherwise dealing with all or any part of its interest in any sum payable to it under paragraph 10(c) or (d) above. (c) Either party may terminate this Agreement by giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding. (d) All remedies hereunder shall survive Termination in respect of the relevant Transaction and termination of this Agreement.
Appears in 4 contracts
Sources: Global Master Repurchase Agreement (Capitalsource Inc), Global Master Repurchase Agreement, Global Master Repurchase Agreement (New Century Financial Corp)
Non-assignability; Termination. (a) Subject to sub-paragraph (b) below, the rights and obligations obligation of the parties under this Agreement and under any Transaction shall not be assigned, charged or otherwise dealt with by either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns.;
(b) Sub-paragraph (a) above shall not preclude a party from assigning, charging, or otherwise dealing with all or any part of its interest in any sum payable to it under paragraph 10(c9 (c) or (d) above.;
(c) Either party may terminate this Agreement by giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions Transaction then outstanding.; and
(d) All remedies hereunder shall survive Termination in respect of the relevant Transaction and termination of this Agreement.
Appears in 1 contract
Sources: Master Repurchase Agreement
Non-assignability; Termination. (a) Subject to sub-paragraph (b) below, neither party may assign, charge or otherwise deal with (including without limitation any dealing with any interest in or the creation of any interest in) its rights and or obligations of the parties under this Agreement and or under any Transaction shall not be assigned, charged or otherwise dealt with by either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns.
(b) Sub-paragraph (a) above shall not preclude a party from assigning, charging, charging or otherwise dealing with all or any part of its interest in any sum payable to it under paragraph 10(c) or (df) above.
(c) Either party may terminate this Agreement by giving written notice to the other, except that this Agreement shall, notwithstanding such notice, remain applicable to any Transactions then outstanding.
(d) All remedies hereunder shall survive Termination in respect of the relevant Transaction and termination of this Agreement.
Appears in 1 contract
Sources: Master Repurchase Agreement