ASSIGNMENT TO THE TRUSTEE. The Company hereby acknowledges that pursuant to the Indenture, the Issuer shall assign to the Trustee in order to secure payment of the Bonds, all of the Issuer's right, title and interest in (a) this Agreement (except the Issuer's rights under Sections 4.2(b), 6.2 and 7.4 hereof), and all amounts payable hereunder (except payments pursuant to Sections 4.2(b), 6.2 and 7.4 hereof) and (b) the Deeds of Trust and the Security Agreement. The Company expressly consents to such assignment.
Appears in 2 contracts
Samples: Agreement (Weirton Steel Corp), Agreement (Weirton Steel Corp)
ASSIGNMENT TO THE TRUSTEE. The Company hereby acknowledges that pursuant to the Indenture, the Issuer shall assign to the Trustee in order to secure payment of the Bonds, Bonds all of the Issuer's right, title and interest in (a) this Agreement (except the Issuer's rights under Sections 4.2(b) and (c), 6.2 and 7.4 hereof), and all amounts payable hereunder (except payments pursuant payment to Sections 4.2(b) and (c), 6.2 and 7.4 hereof) and (b) the Deeds of Trust and the Security Agreement). The Company expressly consents to such assignment.. [End of Article IV]
Appears in 1 contract
Samples: Loan Agreement (Weirton Steel Corp)
ASSIGNMENT TO THE TRUSTEE. The Company hereby acknowledges that pursuant to the Indenture, the Issuer shall assign to the Trustee in order to secure payment of the Bonds, Secured Series 2001 Bonds all of the Issuer's right, title and interest in (a) this Agreement (except the Issuer's rights under Sections 4.2(b), 6.2 and 7.4 hereof), and all amounts payable hereunder (except payments pursuant to Sections 4.2(b), 6.2 and 7.4 hereof) and (b) the Deeds Deed of Trust and the Security AgreementTrust. The Company expressly consents to such assignment.
Appears in 1 contract
Samples: Loan Agreement (Weirton Steel Corp)