No Attachment Clause Example from Business Contracts

This example No Attachment clause appears in 2 contracts from 2 companies

No Attachment. a. 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. This Agreement shall be binding upon, and inure to the benefit of, Executive, the Bank and their re...spective successors and assigns. View More