Common use of Acceptance by Assignee Clause in Contracts

Acceptance by Assignee. By execution of this General Assignment, Assignee does hereby accept the estate herein created and agrees to faithfully perform its duties according to the best of Assignee’s skill, knowledge, and ability in accordance with applicable law. It is understood that Assignee shall receive reasonable compensation for its services in connection with the administration of the Secure Transfusion Assignment Estate. Reasonable compensation does not replace or subsume the reimbursement of all of Assignee’s expenses incurred as a result of the administration of the Secure Transfusion Assignment Estate from the proceeds generated therefrom.

Appears in 5 contracts

Samples: General Assignment for the Benefit of Creditors, General Assignment for the Benefit of Creditors, General Assignment for the Benefit of Creditors

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Acceptance by Assignee. By execution of this General Assignment, the Assignee does hereby accept the estate herein created and agrees to faithfully perform its duties according to the best of the Assignee’s skill, knowledge, and ability in accordance with applicable law. It is understood that the Assignee shall receive reasonable compensation for its services in connection with the administration of the Secure Transfusion Assignment Estate. Reasonable compensation does not replace or subsume the reimbursement of all of the Assignee’s expenses incurred as a result of the administration of the Secure Transfusion Assignment Estate from the proceeds generated therefrom.

Appears in 2 contracts

Samples: General Assignment for the Benefit of Creditors (Aceragen, Inc.), General Assignment for the Benefit of Creditors

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Acceptance by Assignee. By execution of this General Assignment, Assignee does hereby accept the estate herein created and agrees to faithfully perform its duties according to the best of Assignee’s skill, knowledge, and ability in accordance with applicable law. It is understood that Assignee shall receive reasonable compensation for its services in connection with the administration of the Secure Transfusion Revelar BT Assignment Estate. Reasonable compensation does not replace or subsume the reimbursement of all of Assignee’s expenses incurred as a result of the administration of the Secure Transfusion Revelar BT Assignment Estate from the proceeds generated therefrom.

Appears in 1 contract

Samples: General Assignment for the Benefit of Creditors

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