Assignments by the Subordinated Lender Sample Clauses

Assignments by the Subordinated Lender. (a) The Subordinated Lender may assign to one or more members of the Volkswagen Group all or a portion of its rights under this Subordinated Loan Agreement provided, however, that (i) the Subordinated Lender's obligations under this Agreement shall remain unchanged, (ii) the Subordinated Lender shall remain solely responsible to the Issuer for the performance of such obligations, (iii) the Issuer shall continue to deal solely and directly with the Subordinated Lender in connection with the Subordinated Lender's rights and obligations under this Agreement, (iv) the Subordinated Lender shall notify the assignment to the relevant parties to the Transaction Documents and (v) the Subordinated Lender shall have secured the written consent from the Security Trustee prior to such assignment.
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Related to Assignments by the Subordinated Lender

  • COPIES OF THE COLLECTIVE AGREEMENT The Union and the Employer agree that every employee should be familiar with the provisions of this Agreement and her rights and obligations under it. For this reason, the Employer shall make available copies of the Collective Agreement in booklet form to all of its employees. The cost of printing shall be shared equally between the Union and the Employer. The Agreement shall be printed in a Union shop and bear a recognized Union label. The Union and the Employer shall agree on the size, print and color of the Agreement and all other particulars prior to it being printed. Printing shall be completed as soon as possible after the signing of the Collective Agreement.

  • Assumption of Obligations Any buyer or transferee of Lessor's interest in this Lease shall be deemed to have assumed Lessor's obligation hereunder. Each Broker shall be a third party beneficiary of the provisions of Paragraphs 1.10, 15, 22 and 31. If Lessor fails to pay to a Broker any amounts due as and for commissions pertaining to this Lease when due, then such amounts shall accrue Interest. In addition, if Lessor fails to pay any amounts to Lessee's Broker when due, Lessee's Broker may send written notice to Lessor and Lessee of such failure and if Lessor fails to pay such amounts within ten (10) days after said notice, Lessee shall pay said monies to its Broker and offset such amounts against Rent. In addition, Lessee's Broker shall be deemed to be a third party beneficiary of any commission agreement entered into by and/or between Lessor and Lessor's Broker.

  • SUBORDINATION OF AGREEMENT 18.1 The parties hereto and the employees of the City are governed by the provisions of applicable Federal Law, State Law, and the City Charter. When any provisions thereof are in conflict with the provisions of this Agreement, the provisions of said Federal Law, State Law, or City Charter are paramount and shall prevail.

  • Reliance by the State on Representations All payments by the State under this Agreement will be made in reliance upon the accuracy of all representations made by the Party in accordance with this Agreement, including but not limited to bills, invoices, progress reports and other proofs of work.

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