Assignment of all Sample Clauses

Assignment of all. VRIC agreements, documents, drawings, sketches and information germane to the acquired slag project, vacant land, commercial property and any other items related to the business of TI. Table of Contents December 31, 2006 and 2005 Report of Independent Registered Public Accounting Firm 1 • Balance Sheets 2 • Statements of Operations and Accumulated Deficit 3 • Statements of Cash Flows 4 • Notes to Financial Statements 5 Balance Sheets December 31, 2006 and 2005 Cash $ 3,105 $ 1,382 Total Current Assets 3,105 1,382 Income property and improvements 722,044 722,044 Land 507,446 507,446 Accumulated depreciation (583,650 ) (551,642 ) Total Real Property 645,840 677,848 Land - slag pile 397,531 397,531 Total Other Assets 397,531 397,531 Total Assets $ 1,046,476 $ 1,076,761 Related party payable $ 6,901 $ 26,467 Total Current Liabilities 6,901 26,467 Total Liabilities 6,901 26,467 Common stock - $1 par value, 1,000 shares authorized; 1,000 shares issued and outstanding 1,000 1,000 Other paid-in capital 5,715,304 5,715,304 Accumulated Deficit (4,676,729 ) (4,666,010 ) Total Shareholders' Equity 1,039,575 1,050,294 Shareholders' Equity $ 1,046,476 $ 1,076,761 Statements of Operations and Accumulated Deficit For the Years Ended December 31, 2006 and 2005 Rental revenue $ 36,295 $ 34,745 Other income - 894 Sales of real property - 1,035,000 Cost of real property sold - (165,763 ) Gross Profit 36,295 904,876 General and administrative 12,620 6,019 Rental property expenses 8,317 10,028 Rental property depreciation 32,007 35,031 Property taxes (refund) (5,930 ) 28,318 Total Operating Expenses 47,014 79,396 Other Income (10,719 ) 825,480 Other receivable write-off - 835,814 Total Other Expense - 835,814 Loss Before Income Taxes (10,719 ) (10,334 ) Income Tax Benefit (Provision) - - Net Loss (10,719 ) (10,334 ) Accumulated Deficit, Beginning of Period (4,666,010 ) (4,655,676 ) Accumulated Deficit, End of Period $ (4,676,729 ) $ (4,666,010 ) Statements of Cash Flows For the Years Ended December 31, 2006 and 2005 Net Loss $ (10,719 ) $ (10,334 ) Depreciation 32,007 35,031 Other receivables - 9,000 Other receivable write-off - 835,814 Basis in real property sold - 110,000 Land proceeds paid out directly from escrow in repayment of related party loans - (944,204 ) Expenses paid directly by shareholder - 27,563 Changes in operating assets and liabilities Options deposit - (3,000 ) Net Cash Provided by Operating Activities 21,288 59,870 Net decrease in related party loans (19,56...
Sample 1
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Assignment of all intellectual property rights in the Consultant generated materials–Consultant hereby irrevocably and perpetually assigns to the Company all worldwide rights, title and interests in and to intellectual property created, made, conceived, reduced to practice or authored by Consultant, or any persons provided by Consultant either solely or jointly with others, in the Consultant generated material, including the right to obtain, register, perfect and enforce such rights under applicable laws and conventions. Consultant agrees that the Company will be free to make, have made, use, offer for sale, sell, modify, translate, and import products utilizing the intellectual property assigned to the Company.
Sample 1

Related to Assignment of all

  • Assignment of Agreement The following conditions must be satisfied in order to effectuate any assignment of this Agreement: (i) This Agreement may only be transferred through a book entry system maintained by Principal Life, or an agent designated by it, within the meaning of Temporary Treasury Regulations Section 5f.103-1(c) and Treasury Regulations Section 1.871-14(c)(1)(i). (ii) The Agreement Holder, and any assignee, must comply with applicable securities laws. (iii) Principal Life has consented in writing to the proposed assignment, such consent not to be unreasonably withheld. (iv) Principal Life shall have received from the proposed assignee a duly executed certificate containing, in substance, the information, representations, warranties, acknowledgments and agreements set forth in this Agreement. Any attempted sale, transfer, anticipation, assignment, hypothecation, or alienation not in accordance with this Section 6 shall be void and of no effect. Until such time, if any, as Principal Life has consented in writing to a proposed assignment, Principal Life shall not be obligated to make any payments to or at the direction of anyone other than the person shown on Principal Life’s books and records as the Agreement Holder. Once the foregoing conditions have been satisfied with respect to an assignment, the assignee or its successor shall be deemed to be the sole Agreement Holder for all purposes of this Agreement and Principal Life shall promptly amend its records to reflect the assignee’s status as Agreement Holder.

  • Amendment or Assignment of Agreement Any amendment to this Agreement shall be in writing signed by the parties hereto; PROVIDED, that no such amendment shall be effective unless authorized (i) by resolution of the Trustees of the Trust, including the vote or written consent of a majority of the Trustees of the Trust who are not parties to this Agreement or interested persons of either party hereto, and (ii) by vote of a majority of the outstanding voting securities of the Fund affected by such amendment as required by applicable law. This Agreement shall terminate automatically and immediately in the event of its assignment.

  • Assignment of Agreements Each applicable Borrower shall have executed and delivered to Lender the Assignments of Agreements, and the Assignments of Agreements shall, to the extent prudent pursuant to local practice, have been irrevocably delivered to an authorized title agent for the Title Insurer for such recordation in the appropriate filing offices in the jurisdiction in which the applicable Individual Property is located.

  • Assignment of Rights Borrower acknowledges and understands that Agent or Lender may, subject to Section 11.7, sell and assign all or part of its interest hereunder and under the Loan Documents to any Person or entity (an “Assignee”). After such assignment the term “Agent” or “Lender” as used in the Loan Documents shall mean and include such Assignee, and such Assignee shall be vested with all rights, powers and remedies of Agent and Lender hereunder with respect to the interest so assigned; but with respect to any such interest not so transferred, Agent and Lender shall retain all rights, powers and remedies hereby given. No such assignment by Agent or Lender shall relieve Borrower of any of its obligations hereunder. Lender agrees that in the event of any transfer by it of the Note(s)(if any), it will endorse thereon a notation as to the portion of the principal of the Note(s), which shall have been paid at the time of such transfer and as to the date to which interest shall have been last paid thereon.

  • Non-Assignment of Agreement The Grantee may not assign, sublicense or otherwise transfer its rights, duties or obligations under this Agreement without the prior written consent of the Division, which shall not unreasonably be withheld. The agreement transferee must demonstrate compliance with the requirements of the project. If the Division approves a transfer of the Grantee’s obligations, the Grantee shall remain liable for all work performed and all expenses incurred in connection with this Agreement. In the event the Legislature transfers the rights, duties and obligations of the Division to another governmental entity, pursuant to Section 20.06, Florida Statutes or otherwise, the rights, duties and obligations under this Agreement shall be transferred to the succeeding governmental agency as if it was the original party to this Agreement.

  • Assignment and Enurement This Agreement shall enure to the benefit of and be binding upon the Parties hereto and their respective successors and assigns. This Agreement may not be assigned by any party hereto without the prior consent of the other Parties hereto.

  • Amendment and Assignment of Agreement This Agreement may not be amended or assigned without the affirmative vote of a majority of the outstanding voting securities of the Fund, and this Agreement shall automatically and immediately terminate in the event of its assignment.

  • Assignment of Contract A. Unless expressly agreed to elsewhere in the Contract, no assignment by a party hereto of any rights under or interests in the Contract will be binding on another party hereto without the written consent of the party sought to be bound; and, specifically but without limitation, money that may become due and money that is due may not be assigned without such consent (except to the extent that the effect of this restriction may be limited by law), and unless specifically stated to the contrary in any written consent to an assignment, no assignment will release or discharge the assignor from any duty or responsibility under the Contract Documents.

  • Assignment and Transfer The Member may assign or transfer in whole but not in part its limited liability company interest to a single acquiror.

  • Assignment Prohibited No party to this Agreement may assign any right or obligation pursuant to this Agreement. Any attempted or purported assignment of any right or obligation pursuant to this Agreement shall be void and of no effect.

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