Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, assignment and conveyance of such Receivable under this Agreement or pursuant to transfers of the Notes or the Certificates shall be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 32 contracts
Sources: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Purchase Agreement (Ford Credit Auto Receivables Two L P), Purchase Agreement (Ford Credit Auto Receivables Two LLC)
Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, and assignment and conveyance of such Receivable under this Agreement or the Indenture or pursuant to transfers of the Notes or the Certificates shall be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor obligor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 23 contracts
Sources: Sales Contracts (Mmca Auto Receivables Trust), Sale and Servicing Agreement (Mmca Auto Receivables Trust), Sale and Servicing Agreement (Mmca Auto Owner Trust 2001-1)
Valid Assignment. No Receivable shall have has been originated in, or shall be is subject to the laws of, any jurisdiction under which the sale, transfer, assignment and conveyance of such Receivable under this Agreement or pursuant to transfers of the Notes or the Certificates shall Securities would be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 17 contracts
Sources: Purchase Agreement (Ford Credit Auto Owner Trust 2005-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2005-A), Purchase Agreement (Ford Credit Auto Owner Trust 2005-B)
Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, and assignment and conveyance of such Receivable under this Agreement or the Indenture or pursuant to transfers of the Notes or the Certificates shall be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 10 contracts
Sources: Sale and Servicing Agreement (Mmca Auto Receivables Inc), Purchase Agreement (Mmca Auto Receivables Trust), Sale and Servicing Agreement (Mmca Auto Receivables Trust)
Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, and assignment and conveyance of such Receivable under this Agreement or pursuant to transfers of the Notes or the Certificates shall be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 9 contracts
Sources: Purchase Agreement (Mmca Auto Receivables Inc), Purchase Agreement (Mmca Auto Receivables Inc), Purchase Agreement (Mmca Auto Receivables Inc)
Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, assignment and conveyance of such Receivable under this Agreement or pursuant to transfers of the Notes or the Certificates shall be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 8 contracts
Sources: Sale and Servicing Agreement (Ford Motor Credit Co), Purchase Agreement (Ford Credit Auto Receivables Two L P), Sale and Servicing Agreement (Ford Credit Auto Receivables Two L P)
Valid Assignment. No Receivable shall have been was originated in, or shall be is subject to the laws of, any jurisdiction under which the sale, transfer, and assignment and conveyance of such Receivable under this Agreement or pursuant to transfers of the Notes or the Certificates shall be is unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor Obligor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 7 contracts
Sources: Purchase Agreement (Daimler Benz Vehicle Receivables Corp), Purchase Agreement (Daimler Benz Vehicle Receivables Corp), Pooling and Servicing Agreement (Daimler Benz Vehicle Receivables Corp)
Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, and assignment and conveyance of such Receivable under this Agreement or pursuant to transfers of the Notes or the Certificates shall be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor obligor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 6 contracts
Sources: Purchase Agreement (Mmca Auto Owner Trust 2002-5), Purchase Agreement (Mmca Auto Owner Trust 2001-4), Purchase Agreement (Mmca Auto Receivables Trust)
Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, and assignment and conveyance of such Receivable under this Agreement or pursuant to transfers of the Notes or the Certificates shall be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment Assignment of any portion of the Receivables.
Appears in 2 contracts
Sources: Purchase Agreement (Ford Credit Auto Receivables Corp), Purchase Agreement (Ford Credit Auto Receivables Corp)
Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, assignment and conveyance of such Receivable under this Agreement or any First Tier Subsequent Assignment or pursuant to transfers of the Notes or the Certificates shall be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 2 contracts
Sources: Purchase Agreement (Ford Credit Auto Receivables Two L P), Purchase Agreement (Ford Credit Auto Receivables Two L P)
Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, and assignment and conveyance of such Receivable under this the Agreement or pursuant to transfers of the Notes or the Certificates shall be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 1 contract
Sources: Standard Terms and Conditions Agreement (Ford Credit Auto Receivables Corp)
Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, assignment and conveyance of such Receivable under this Agreement or pursuant to transfers of the [Notes or the the] Certificates shall be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 1 contract
Sources: Purchase Agreement (Ford Credit Auto Receivables Two LLC)
Valid Assignment. No Receivable shall have has been originated in, or shall be is subject to the laws of, any jurisdiction under which the sale, transfer, assignment and conveyance of such Receivable under this Agreement or pursuant to transfers of the Notes or the Certificates shall would be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 1 contract
Sources: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2005-C)
Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, and assignment and conveyance of such Receivable under this Agreement or the Indenture or pursuant to transfers of the Notes Certificates or the Certificates Final Payment Certificate shall be unlawful, void, or voidable. The Seller has not entered into any agreement agree- ment with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Receivables.
Appears in 1 contract
Sources: Sale and Servicing Agreement (Mmca Auto Receivables Inc)
Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, assignment and conveyance of such Receivable under this Agreement or pursuant to transfers of the Notes or the Certificates shall be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Receivables.debtor
Appears in 1 contract
Sources: Purchase Agreement (Ford Credit Auto Receivables Two L P)
Valid Assignment. No Receivable shall have been originated in, or shall be subject to the laws of, any jurisdiction under which the sale, transfer, assignment and conveyance of such Receivable under this Agreement or pursuant to transfers of the Notes or the Certificates shall be unlawful, void, or voidable. The Seller has not entered into any agreement with any account debtor that prohibits, restricts or conditions the assignment of any portion of the Receivables.be
Appears in 1 contract