No Attachment Clause Example from Business Contracts

No Attachment. (a) No Offset or Attachment. Except as required by law, no right to receive payments under this Agreement shall be subject to anticipation, commutation, alienation, sale, assignment, encumbrance, charge, pledge or hypothecation, or to execution, attachment, levy or similar process or assignment by operation of law, and any attempt, voluntary or involuntary, to affect any such action shall be null, void and of no effect. (b) Binding. This Agreement shall be binding upon and inure to the benefit o...f Executive, the Company and the Bank and their respective successors and assigns. View More