Assignment by Holder Sample Clauses
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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. 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.
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. 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 may at any time assign this Instrument as provided in the Credit Agreement, any other Loan Document or any Secured Swap Agreement.
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.
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.
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.