Common use of Assignment of Certain Causes of Action Clause in Contracts

Assignment of Certain Causes of Action. ‌ Developer agrees to assign to IFA all rights, title, and interest in and to all causes of action Developer may have under Section 4 of the Xxxxxxx Act (15 USC § 15) or under comparable State Law, arising from purchases of goods, services or materials pursuant to this Agreement. This assignment shall be made and become effective automatically upon tender of the Milestone Payments (with adjustments and deductions as permitted under this Agreement), without further acknowledgment by the Parties.

Appears in 4 contracts

Samples: Public Private Agreement, Public Private Agreement, Public Private Agreement

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Assignment of Certain Causes of Action. Developer Xxxxxxxxx agrees to assign to IFA all rights, title, and interest in and to all causes of action Developer may have under Section 4 of the Xxxxxxx Act (15 USC § 15) or under comparable State Law, arising from purchases of goods, services or materials pursuant to this Agreement. This assignment shall be made and become effective automatically upon tender of the Milestone Payments (with adjustments and deductions as permitted under this Agreement), without further acknowledgment by the Parties.

Appears in 3 contracts

Samples: Public Private Agreement, Public Private Agreement, Public Private Agreement

Assignment of Certain Causes of Action. Developer agrees to assign to IFA all rights, title, and interest in and to all causes of action Developer may have under Section 4 of the Xxxxxxx Act (15 USC § Sec. 15) or under comparable State or Commonwealth of Kentucky Law, arising from purchases of goods, services or materials pursuant to this Agreement. This assignment shall be made and become effective automatically upon tender of the Milestone Payments (with adjustments and deductions as permitted under this Agreement), without further acknowledgment by the Parties.

Appears in 3 contracts

Samples: Public Private Agreement, Public Private Agreement, Public Private Agreement

Assignment of Certain Causes of Action. ‌ Developer Xxxxxxxxx agrees to assign to IFA Authority all rights, title, and interest in and to all causes of action Developer may have under Section 4 of the Xxxxxxx Act (15 USC § 15) or under comparable State Law, arising from purchases of goods, services or materials pursuant to this Project Agreement. This assignment shall be made and become effective automatically upon tender of the Milestone Payments first Project Payment (with adjustments and deductions as permitted under this Project Agreement), without further acknowledgment by the Parties.

Appears in 1 contract

Samples: Design, Build, and Finance Agreement

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Assignment of Certain Causes of Action. ‌ Developer agrees to assign to IFA all rights, title, and interest in and to all causes of action Developer may have under Section 4 of the Xxxxxxx Act (15 USC § 15) or under comparable State or Commonwealth of Kentucky Law, arising from purchases of goods, services or materials pursuant to this Agreement. This assignment shall be made and become effective automatically upon tender of the Milestone Payments (with adjustments and deductions as permitted under this Agreement), without further acknowledgment by the Parties.

Appears in 1 contract

Samples: Public Private Agreement

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