Common use of ASSIGNMENT OF ASSIGNED CLAIMS Clause in Contracts

ASSIGNMENT OF ASSIGNED CLAIMS. (a) In accordance with and at the time specified in the Restructuring Implementation Deed, the Deed Company absolutely and unconditionally assigns to LTD and/or the LTD Administrators all their rights, title, interest, and benefit in and to the Assigned Claims. (b) In exchange for the assignment in Clause 9(a) above, Deed Company Creditors shall be entitled to receive Post-Restructuring Litigation Recoveries pursuant to clauses 11 (Litigation Undertaking) and 12 (Post-Restructuring Litigation Recoveries) of the LTD DOCA (including the Litigation Undertaking).

ASSIGNMENT OF ASSIGNED CLAIMS. ‌ (a) In accordance with and at the time specified in the Restructuring Implementation Deed, the Deed Company absolutely and unconditionally assigns to LTD and/or the LTD Administrators all their rights, title, interest, and benefit in and to the Assigned Claims. (b) In exchange for the assignment in Clause 9(a) above, Deed Company Creditors shall be entitled to receive Post-Restructuring Litigation Recoveries pursuant to clauses 11 (Litigation Undertaking) and 12 (Post-Restructuring Litigation Recoveries) of the LTD DOCA (including the Litigation Undertaking).

ASSIGNMENT OF ASSIGNED CLAIMS. ‌ (a) In accordance with and at the time specified in the Restructuring Implementation Deed, the Deed Company absolutely and unconditionally unconditiona lly assigns to LTD and/or the LTD Administrators all their rights, title, interest, and benefit in and to the Assigned Claims. (b) In exchange for the assignment in Clause 9(a) above, Deed Company Creditors shall be entitled to receive Post-Restructuring Litigation Recoveries pursuant to clauses 11 (Litigation Undertaking) and 12 (Post-Restructuring Litigation Litiga tion Recoveries) of the LTD DOCA (including the Litigation Undertaking).