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Any assignment in violation of this Agreement shall be deemed null and void.

Writtent Blog

In a Sell/Buy repurchase agreement, the securities are sold and bought on a forward repurchase simultaneously. Buy/sell functions reverse of this; the security is bought and sold on a repurchase simultaneously. The difference in a Sell/Buy or Buy/Sell Repo from a traditional repurchase agreement is that it is transacted in the market.