Assignment of Construction Contracts. As additional security for the payment of the Debt and the performance of Borrower’s Obligations, Borrower hereby transfers and assigns to Lender for the benefit of Lender, all of Borrower’s rights and interest, but not its obligations, in, under and to all contracts, subcontracts and agreements, written or oral, between Borrower and any other party, and between parties other than Borrower, in any way relating to the development of the Property and/or the construction of improvements on the Property, or the supplying of material (specially fabricated or otherwise), labor, supplies, or other services therefor (collectively, the “Construction Contracts”) upon the following terms and conditions:
Assignment of Construction Contracts. Upon a mutual determination by the Parties that all of P66 Company’s obligations have been satisfied, and that P66 Company has no further Liability, under the Construction Contracts, P66 Company shall, or shall cause its Subsidiaries to, assign the Construction Contracts to the Partnership.
Assignment of Construction Contracts. As additional security for the payment of the Notes and all of the other Obligations, Borrower hereby transfers and assigns to Administrative Agent all of Borrower's rights and interest, but not its obligations, in, under and to each Construction Contract upon the following terms and conditions:
Assignment of Construction Contracts. The term “Assignment of Construction Contracts” shall collectively mean one or more collateral assignments in the form attached hereto as Exhibit “D-2” and incorporated herein for all purposes, executed by Borrower and acknowledged by the general contractor, assigning the construction contract with the general contractor to Lender.
Assignment of Construction Contracts. (a) Provided that no Noticed Default or Event of Default exists under any Building Loan Document or Project Loan Document, Borrower shall have the right to assign its interest in certain contracts approved by Agent related to the design and construction of the Project (such approved contracts, the “Assigned Construction Documents”) to the Board of Managers of the New York Times Condominium, free and clear of any lien of Agent thereon, upon satisfaction of the following conditions:
Assignment of Construction Contracts. At the request of Landlord, --------------------------------------- Tenant shall assign to Landlord each Construction Contract to which Tenant is a party utilizing an assignment instrument in form and substance acceptable to Landlord and shall cause each other party to such Construction Contract to consent to such assignment, if required by the terms thereof. 2.5
Assignment of Construction Contracts. As additional security for the payment of the Loan, Borrower hereby transfers and assigns to Lender all of Borrower's rights and interest, but not its obligations, in, under and to each Construction Contract upon the following terms and conditions:
Assignment of Construction Contracts. The Deed of Assignment of Construction Contracts executed or to be executed by the Borrower whereby the Borrower assigns all the rights, interests and benefits of the Contracts to BPMB as security for the Loan Facilities and referred to in Item 11 of the First Schedule hereto; "Deed of Assignment of Insurance Proceeds" The Deed of Assignment of Insurance Proceeds executed or to be executed by the Borrower whereby the Borrower assigns all the rights, interests and benefits in the Insurance Proceeds to BPMB as security for the Loan Facilities and referred to in Item 11 of the First Schedule hereto;
Assignment of Construction Contracts. Seller hereby assigns to Buyer, to the extent assignable, all right, title and interest Seller has in and to any warranties in any contracts for the construction of all or any portion of the Included Improvements (the "Construction Contracts") to the extent such warranty applies to the construction of all or any portion of the Included Improvements. To the extent any Construction Contract is not assignable and upon delivery of written notification from Buyer of any construction defect or deficiency in connection with any of the Included Improvements, Seller hereby agrees to enforce any such warranty and diligently pursue any and all remedies available to Seller under such Construction Contract as determined by Buyer in its sole and absolute discretion.
Assignment of Construction Contracts. Borrower hereby assigns to Bank its rights, title and interest in, to and under all construction contracts for the Improvements now in existence or those to be entered into by Borrower in the future (the "Construction
