Assignment by Holder Sample Clauses

Assignment by Holder. This Agreement shall extend to and enure to the benefit of the Holder and its successors and assigns. The Holder may at any time assign this Agreement in accordance with the provisions of the Credit Agreement.
AutoNDA by SimpleDocs
Assignment by Holder. If and whenever this Note shall be assigned and transferred, or negotiated, including transfers to substitute or successor trustees, in each case subject to applicable law and an exemption from registration for such transfer, which shall be reasonably approved, and not unreasonably delayed or conditioned by the Company. Notwithstanding the above, the Holder may assign any of its rights under this Note (subject where applicable to federal securities laws), to any Person (including, but not limited to Affiliates or related parties of the Holder), with written notice to the Company and the Company shall have no ability to restrict or condition such assignment (subject where applicable to compliance with applicable federal securities laws).
Assignment by Holder. The Holder shall have the right, at any time and from time to time, to assign, transfer, convey, mortgage, pledge or charge any portion or all of the Royalty and its interest in and to this Agreement. The Owner covenants and agrees that it shall be bound by and shall perform and that it will acknowledge in writing in favour of such assignee, transferee, mortgagee, pledgee or chargee that it is bound by and shall perform, the terms of this Agreement upon any such assignment, transfer, conveyance, mortgage, pledge or charge. The Holder shall notify the Owner in writing prior to the completion of any such assignment, transfer or conveyance, confirming the identity of such transferee, the appropriate Place of Delivery and the new address for notice to such transferee.
Assignment by Holder. The Holder may at any time assign this Instrument as provided in the Credit Agreement, or following termination of the Credit Agreement, any Lender Hedge Agreement.
Assignment by Holder. (a) Subject to subsections 13(b) and 13(c) below, the Holder shall have the right, at any time and from time to time, to transfer, sell, or otherwise assign any portion or all of the Production Royalty and its interest in and to this Agreement. (b) In the event that the Holder wishes to exercise its rights under 13(a) above, the Holder shall notify the Owner in writing thirty (30) days prior to the completion of any such transfer, sale or other assignment (any such transaction, a “Sale”), confirming the identity of such transferee (the “Transferee”), the appropriate Place of Delivery and the new address for notice to such Transferee as well as the terms of such Sale (the “Sale Notice”). Other than in connection with a proposed Sale to an Affiliate of the Holder, the Owner shall have the right to match the terms of any such Sale by providing written notice (the “Matching Notice”) to the Holder of its intentions to do so within twenty one (21) days of receipt of such Sale Notice from the Holder (the “Deadline Date”). The Holder shall not complete the Sale of the Production Royalty until after the Deadline Date. In the event the Owner sends a Matching Notice, the Holder shall sell that portion of the Production Royalty subject to the Sale to the Owner and not to the Transferee on the terms set out in the Sale Notice. In the event the Holder has not received a Matching Notice on or prior to the Deadline Date, the Holder may proceed with the Sale of the Production Royalty to the Transferee without any further obligations under this Section 13 to the Owner so long as such Sale is on the terms set out in the Sale Notice. In the event the Owner sends a Matching Notice to the Holder, the Owner shall be prepared to close the purchase of the Production Royalty within thirty (30) days of the Deadline Date on the terms set out in the Sale Notice, failing which the Holder may complete the Sale to the Transferee on the terms set out in the Sale Notice without any further notice or obligations to the Owner. In the event the Owner does not provide the Matching Notice by the Deadline Date, the Holder shall complete the Sale of the Production Royalty to the Transferee within thirty (30) days of the Notice Date on the terms set out in the Sale Notice, failing which the Owner shall again have the option to match any such Sale on the terms otherwise agreed to between the Holder and the Transferee. (c) A condition for any Sale to a Transferee is that the Transferee agrees in adv...
Assignment by Holder. Holder may assign its rights hereunder or -------------------- obtain participants in this Note at any time, and any such assignee, successor or participant shall have all rights of the Holder hereunder.
Assignment by Holder. Holder may assign or otherwise transfer this Guaranty or any rights or powers hereunder at any time and from time to time, but only to an assignee of the Note. In the event of such assignment or transfer, the assignee hereof shall have the same rights and remedies as if originally named herein in place of Holder. This Guaranty and the provisions hereof shall be binding upon, and inure to the benefit of, the parties hereto, their heirs, executors or administrators and personal or legal representatives, successors and assigns.
AutoNDA by SimpleDocs
Assignment by Holder. Save for the assignment of all its rights hereunder to the Agent pursuant to the terms of the Second Amended and Restated Credit Agreement dated as of September 26, 2007 (as amended, supplemented, restated or otherwise modified from time to time, the "Credit Agreement") and the other Loan Documents (as defined in the Credit Agreement), Holder shall not assign any of its rights or obligations hereunder.
Assignment by Holder. The Holder shall have the right, at any time and from time to time, to assign, transfer, convey, mortgage, pledge or charge all or any potion of the Royalty and its interest in and to this Agreement, provided any such assignee, transferee, mortgagee, pledgee or chargee enters into a written agreement with the Owner whereby it agrees to be bound, and to cause any assignee, transferee, mortgagee, pledgee or chargee from it to be bound, by the terms of this Agreement. The Owner covenants and agrees that it shall be bound by and shall perform, and that it will acknowledge in writing in favour of such assignee, transferee, mortgagee, pledgee or chargee that it is bound by and shall perform, the terms of this Agreement upon any such assignment, transfer, conveyance, mortgage, pledge or charge. The Holder shall notify the Owner in writing prior to the completion of any such assignment, transfer or conveyance, confirming the identity of such transferee, and the address for notice to such transferee.

Related to Assignment by Holder

  • Assignment by Owner 51 Section 12.11

  • Assignment by Purchaser The Purchaser shall have the right, without the consent of the Company but subject to the limit set forth in Section 2.02 hereof, to assign, in whole or in part, its interest under this Agreement with respect to some or all of the Mortgage Loans, and designate any person to exercise any rights of the Purchaser hereunder, by executing an Assignment and Assumption Agreement and the assignee or designee shall accede to the rights and obligations hereunder of the Purchaser with respect to such Mortgage Loans. All references to the Purchaser in this Agreement shall be deemed to include its assignee or designee.

  • Assignment by Seller The Seller shall have the right, upon notice to but without the consent of the Servicer, to assign, in whole or in part (but exclusive of the Servicer’s rights and obligations as owner of the servicing rights relating to the Mortgage Loans), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement. All references to the Seller in this Agreement shall be deemed to include its assignee or designee and any subsequent assignee or designee, specifically including the Trustee.

  • Assignment by Buyer Buyer shall have the right to assign this Agreement to any third party or parties and no consent on the part of Seller shall be required for such assignment, provided however, that any such assignment shall not relieve Buyer of its liabilities and obligations hereunder.

  • Assignment by Company The Company may assign its rights under this Agreement to an affiliate, and an affiliate may assign its rights under this Agreement to another affiliate of the Company or to the Company; provided, however, that no assignment shall be made if the net worth of the assignee is less than the net worth of the Company at the time of assignment. In the case of any such assignment, the term "Company" when used in a section of this Agreement shall mean the corporation that actually employs the Employee.

  • Assignment by Depositor Concurrently with the execution of this Agreement, the Depositor shall assign its interest under this Agreement with respect to the Mortgage Loans to the Trustee, and the Trustee then shall succeed to all rights of the Depositor under this Agreement. All references to the rights of the Depositor in this Agreement shall be deemed to be for the benefit of and exercisable by its assignee or designee, specifically including the Trustee.

  • Assignment by Lessor The terms and conditions of each Schedule have been fixed by Lessor in order to permit Lessor to sell and/or assign or transfer its interest or grant a security interest in each Schedule and/or the Equipment to a Secured Party or Assignee. In that event, the term Lessor will mean the Assignee and any Secured Party. However, any assignment, sale, or other transfer by Lessor will not relieve Lessor of its obligations to Lessee and will not materially change Lessee's duties or materially increase the burdens or risks imposed on Lessee. The Lessee consents to and will acknowledge such assignments in a written notice given to Lessee. Lessee also agrees that: (a) The Secured Party will be entitled to exercise all of Lessor's rights, but will not be obligated to perform any of the obligations of Lessor. The Secured Party will not disturb Lessee's quiet and peaceful possession and unrestricted use of the Equipment so long as Lessee is not in default and the Secured Party continues to receive all Rent payable under the Schedule; and (b) Lessee will pay all Rent and all other amounts payable to the Secured Party, despite any defense or claim which it has against Lessor. Lessee reserves its right to have recourse directly against Lessor for any defense or claim; (c) Subject to and without impairment of Lessee's leasehold rights in the Equipment, Lessee holds the Equipment for the Secured Party to the extent of the Secured Party's rights in that Equipment.

  • Assignment by Issuer The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Issuer to the Indenture Trustee pursuant to the Indenture for the benefit of the Noteholders of all right, title and interest of the Issuer in, to and under the Receivables and/or the assignment of any or all of the Issuer’s rights and obligations hereunder to the Indenture Trustee.

  • Assignment by Lessee Lessee may transfer or assign its rights and obligations under this Agreement without the consent of Operator but shall deliver to Operator written notice of such transfer or assignment not less than ten (10) days prior to the effective date thereof; provided, however, in the event of the assignment of this Agreement to a party that is not an Affiliate, Operator shall have the right to terminate this Agreement within 15 days after receipt of written notice of such assignment, which termination will be effective within 30 days of Lessee’s receipt of such termination notice. Any transfer or assignment of this Agreement by Lessee shall include an express assumption by the transferee or assignee of Lessee’s obligations hereunder. Nothing herein shall be deemed to require Lessee to assign or attempt to assign this Agreement to any third party, including any buyer of a Hotel.

  • Assignment by Lender Lender's rights under this agreement may be assigned in connection with any assignment or transfer of any senior debt.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!