Assignment of Indebtedness Sample Clauses

Assignment of Indebtedness. The Institution hereby gives FHLBank the full right, power and authority to pledge or assign to any party all or part of the Indebtedness, together with a proportionate amount of the Collateral, as security for Consolidated Federal Home Loan Bank Obligations issued pursuant to the provisions of the Act or for any other purpose authorized by the Act, the Regulations or the Federal Housing Finance Board. In the case of any such pledge or assignment, FHLBank shall have no further responsibility with respect to Collateral transferred to the pledgee or assignee, and all references herein to “FHLBank” shall be read to refer instead to the pledgee or assignee with respect to such Collateral. The Institution may not voluntarily or involuntarily or by operation of law or otherwise assign or transfer any of its rights or obligations hereunder or with respect to any Indebtedness or Commitments without the express prior written consent of FHLBank.
AutoNDA by SimpleDocs
Assignment of Indebtedness. The Institution hereby gives the Bank the full right, power and authority to pledge or assign to any party all or part of the Indebtedness, together with all or any part of the Collateral, as security of Consolidated Federal Home Loan Bank Obligations issued pursuant to the provisions of the Act or for any other purpose authorized by the Act, the Regulations or the Federal Housing Finance Board. In the case of any such pledge or assignment, the Bank shall have no further responsibility with respect to Collateral transferred to the pledgee or assignee, and all references herein to "the
Assignment of Indebtedness. If at the time of sale the Corporation shall be indebted to the Vendor, the Purchaser shall, at the Vendor's option, upon the closing of such sale, purchase from the Vendor that proportion of the indebtedness that the number of Shares to be sold bears to the total number of Shares held by the Vendor for a price equal to the amount thereof and shall pay such price to the Vendor on closing by certified cheque against the delivery of a valid assignment to the Purchaser of such indebtedness. Alternatively, if the Purchaser and the non-selling Shareholders if any agree, the Purchaser may cause the Corporation to repay such indebtedness or portion thereof to the Vendor.
Assignment of Indebtedness. Grantor hereby recognizes and agrees that Lender may assign all or any portion of the indebtedness to one or more third party creditors. Such transfers may include, but are not limited to, sales of participation interests in the Indebtedness. Grantor specifically agrees and consents to all such transfers and assignments and further waives any subsequent notice of such transfers or assignments as may be provided under applicable law. Grantor additionally agrees that any and all of the Indebtedness in favor of such a third party assignee, for the limited purposes set forth above, will be secured by the Collateral.
Assignment of Indebtedness. The Institution hereby gives the Bank the full right, power and authority to pledge or assign to any party all or part of the Indebtedness, together with a proportionate amount of the Collateral, as security for Consolidated Federal Home Loan Bank Obligations, issued pursuant to the provisions of the Act or for any other purpose authorized by the Act, the Regulations or the Federal Housing Finance Board. In the case of any such pledge or assignment, the Bank shall have no further responsibility with respect to Collateral transferred to the pledgee or assignee, and all references herein to "the Bank" shall be read to refer instead to the pledgee or assignee with respect to such Collateral. The Institution may not voluntarily or involuntarily or by operation of law or otherwise assign or transfer any of its rights or obligations hereunder or with respect to any Advances or Commitments without the express prior written consent of the Bank.
Assignment of Indebtedness. 2 Section 1.5 Certificate of Transfer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Section 1.6 Closing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Section 1.7 Closing Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Section 1.8 Distributorship Agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Section 1.9 Final Prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Section 1.10 GAAP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Section 1.11 Indemnification and Escrow Agreement . . . . . . . . . . . . . . . . . . . . . . 2 Section 1.12 Intangible Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Section 1.13 Knowledge . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Section 1.14 Krysxxx . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Section 1.15 Krysxxx Xxxmon Stock. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Section 1.16 Krysxxx Xxxres . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Section 1.17
Assignment of Indebtedness. 17 Section 5.7 Certificate of Transfer. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Section 5.8 Conduct of Business of Krysxxx . . . . . . . . . . . . . . . . . . . . . . . . . 17 Section 5.9 No Solicitation, Etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 Section 5.10 Best Efforts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Section 5.11 Consents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Section 5.12 Delivery of Updated Schedules . . . . . . . . . . . . . . . . . . . . . . . . . . 19 ARTICLE VI
AutoNDA by SimpleDocs
Assignment of Indebtedness. Assignment of Indebtedness" shall mean the Assignment of Indebtedness and Release of even date herewith in the form attached as Exhibit A, pursuant to which the Seller has assigned the Assigned Indebtedness to Template.
Assignment of Indebtedness. Contemporaneously with the execution and delivery hereof, the Seller has executed and delivered to Template the Assignment of Indebtedness.
Assignment of Indebtedness. Each of the Senior Agent, on behalf of the Senior Secured Creditors, and the Hedging Counterparty, represents and warrants that, as of the date hereof, it has not previously assigned any interest in any of the indebtedness or other obligations evidenced by the Senior Loan Documents or the Junior Hedge Documents, as the case may be, other than assignments permitted by the Senior Credit Agreement and the Junior Hedge Agreement. The Senior Agent, on behalf of the Senior Secured Creditors, and Hedging Counterparty, each covenant and agree that the assignment of any indebtedness or other obligations evidenced by the Senior Loan Documents and the Junior Hedge Documents owing to such Hedging Counterparty shall be subject to the terms, provisions and conditions of these Intercreditor Terms and that the assignee thereof shall be bound by the terms, provisions and conditions of these Intercreditor Terms.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!