Thank you for your question. Please permit me to assist you with your concerns.To answer directly, that clause is really all about ensuring that Party A does not sell or transfer its interest to someone else. That is really what the liens are all about, by inserting this clause, Party B wants to ensure that they will contract only with A and not someone else. That is because if a third party buys up the interest or has a lien against the winnings, they may not be similarly bound by this settlement agreement, which may therefore void the terms or allow a third party to pursue B for other reasons under the agreement. That is really why the clause is being inserted, t ensure that the agreement would be binding against A and only A once signed, and that no third party can come in and later claim some sort of interest in this agreement.Hope that helps.
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