ASSIGNMENT OF CONTRACT PAYMENTS. G.5.1 In accordance with 27 DCMR 3250, the Contractor may assign to a bank, trust company, or other financing institution funds due or to become due as a result of the performance of this contract.
G.5.2 Any assignment shall cover all unpaid amounts payable under this contract, and shall not be made to more than one party.
G.5.3 Notwithstanding an assignment of contract payments, the Contractor, not the assignee, is required to prepare invoices. Where such an assignment has been made, the original copy of the invoice must refer to the assignment and must show that payment of the invoice is to be made directly to the assignee as follows:
ASSIGNMENT OF CONTRACT PAYMENTS. In accordance with 27 DCMR 3250, the Contractor may assign to a bank, trust company, or other financing institution funds due or to become due as a result of the performance of this contract.
ASSIGNMENT OF CONTRACT PAYMENTS. (a) The Contractor may assign to a bank, trust company, or other financing institution funds due or to become due as a result of the performance of this contract.
(b) Any assignment shall cover all unpaid amounts payable under this contract, and shall not be made to more than one party.
(c) Notwithstanding an assignment of contract payments, the Contractor, not the assignee, is required to prepare invoices. Where such an assignment has been made, the original copy of the invoice must refer to the assignment and must show that payment of the invoice is to be made directly to the assignee as follows: “Pursuant to the instrument of assignment dated , make payment of this invoice to (name and address of assignee).”
ASSIGNMENT OF CONTRACT PAYMENTS. In accordance with 27 DCMR 3250, the Contractor s may assign to a bank, trust company, or other financing institution funds due or to become due as a result of the performance of this contract.
ASSIGNMENT OF CONTRACT PAYMENTS. The provisions of section 590h(g) of title 16 (re- lating to assignment of payments) shall apply to contract payments under this section. The owner or producer making the assignment, or the assignee, shall provide the Secretary with notice, in such manner as the Secretary may re- quire in the contract, of any assignment made under this subsection.
ASSIGNMENT OF CONTRACT PAYMENTS a. Subject to this Section 14.30, in accordance with Title 27 DCMR Section 3250, the Contractor may assign due or to become due as a result of the performance of this Contractor to a bank, trust company, or other financing institution funds.
b. Any assignment shall cover all unpaid amounts payable under this Agreement and shall not be made to more than one party.
c. Notwithstanding an assignment of Contract payments, the Contractor, not the assignee, is required to prepare invoices. Where such an assignment has been made, the original copy of the invoice must refer to the assignment and must show that payment of the invoice is to be made directly to the assignee as follows: “Pursuant to the instrument of assignment dated , make payment of this invoice to (name and address of assignee).”
ASSIGNMENT OF CONTRACT PAYMENTS. G.4.1 In accordance with 27 DCMR 3250, the Contractor may assign to a bank, trust company or other financing institution funds due or to become due as a result of the performance of this Contract.
G.4.2 Any assignment shall cover all unpaid amounts payable under this Contract and shall not be made to more than one party.
G.4.3 Notwithstanding an assignment of Contract payments, the Contractor, not the assignee, is required to
ASSIGNMENT OF CONTRACT PAYMENTS. (a) Each Seller hereby covenants and agrees that from and after the Closing, when and if it receives any payments relating to the Assigned Contracts, it shall hold the same in trust for Buyer, shall segregate such amounts from all other assets or funds and shall, as soon as practicable, transfer such amounts directly to Buyer.
(b) Prior to the Closing Date, Sellers shall cooperate with Buyer to make such changes, assignments, and amendments in the terms of the Assigned Contracts, in the name(s) of Seller(s), as may be reasonably necessary or desirable in order to assure that Buyer receives all economic benefits of the Contracts as described herein.
ASSIGNMENT OF CONTRACT PAYMENTS. (a) Each Seller hereby covenants and agrees that from and after the Closing, when and if it receives any payments relating to the Assigned Contracts, it shall hold the same in trust for Buyer, shall segregate such amounts from all other assets or funds and shall, as soon as practicable, transfer such amounts directly to Buyer.
(b) Prior to the Closing Date, Sellers shall cooperate with Buyer to make such changes, assignments, and amendments in the terms of the Assigned Contracts, in the name(s) of Seller(s), as may be reasonably necessary or desirable in order to assure that Buyer receives all economic benefits of the Contracts as described herein. THE PORTIONS OF THIS AGREEMENT IDENTIFIED BY THE SYMBOL “[* * *]” HAVE BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A CONFIDENTIAL TREATMENT REQUEST.
ASSIGNMENT OF CONTRACT PAYMENTS. (a) Each Seller shall send written instructions, in form and substance reasonably satisfactory to Buyer, to all account debtors party to the Subcontracted Contracts, including the United States Government, directing each of them to make payment on all receivables due in respect of such Subcontracted Contracts directly to the Person designated by Buyer.
(b) Each Seller hereby covenants and agrees that from and after the Closing, when and if it receives any payments relating to the Subcontracted Contracts, it shall hold the same in trust for Buyer, shall segregate such amounts from all other assets or funds and shall, as soon as practicable, transfer such amounts directly to Buyer.
(c) On or prior to the Closing Date, Sellers shall cooperate with Buyer to make such changes and amendments in the terms of the Subcontracted Contracts, in the name of the TUG Airline Products Division of Sellers, as may be reasonably necessary or desirable in order to assure that Buyer receives all economic benefits of the Subcontracted Contracts as described herein.
