Assignment of Agreement and Revenues Sample Clauses

Assignment of Agreement and Revenues. To secure the payment of Bond Service Charges, the Issuer shall assign to the Trustee, by the Indenture, all its right, title and interest in and to the Revenues, the Agreement (except for Unassigned Issuer's Rights) and the Project Note. The Borrower hereby agrees and consents to that assignment.
AutoNDA by SimpleDocs
Assignment of Agreement and Revenues. To secure the payment of Bond Service Charges on, and the purchase of, the Bonds, the Issuer shall assign to the Trustee, by the Indenture, any of its rights, title and interest in this Agreement (except for the Unassigned Issuer’s Rights), Defeasance Account of the Bond Fund and all moneys and investments therein and shall grant to the Trustee, by the Indenture, a security interest in its rights under and interest in (i) the Project Fund and all moneys and investments therein, (ii) the Series 2012 Reserve Funds, and (iii) the Revenues (other than such accounts of the Bond Fund and all investments therein). The Borrower hereby agrees and consents to that assignment and grant.
Assignment of Agreement and Revenues. To secure the payment of or otherwise satisfy Bond Service Charges, the Issuer shall assign to the Trustee, by the Indenture, its rights under and interest in this Agreement (except for the Unassigned Issuer’s Rights) and the Revenues. The Lessee hereby agrees and consents to those assignments.
Assignment of Agreement and Revenues. To secure, first, the payment of Bond Service Charges on, and the purchase of, the Bonds, and, second, the payment to the Bank and performance by the Borrower under the Reimbursement Agreement, the Issuer shall assign to the Trustee, by the Indenture, any of its rights, title and interest in this Agreement (except for the Unassigned Issuer's Rights), and the Credit Facility Account, Redemption Premium Account, Remarketing Proceeds Account and Defeasance Account of the Bond Fund and all moneys and investments therein (including without limitation the proceeds of the Credit Facility) and shall grant to the Trustee, by the Indenture, a security interest in its rights under and interest in (i) the Project Fund and all moneys and investments therein, and (ii) the Revenues (other than such accounts of the Bond Fund, all investments therein and the proceeds of the Credit Facility). The Borrower hereby agrees and consent to that assignment and grant.

Related to Assignment of Agreement and Revenues

  • Assignment of Agreement The following conditions must be satisfied in order to effectuate any assignment of this Agreement:

Time is Money Join Law Insider Premium to draft better contracts faster.