Benefit of Assignees or Pledgees Sample Clauses

Benefit of Assignees or Pledgees. The Town agrees that this Agreement is executed in part to induce assignees or pledgees to provide financing for improvements by or on behalf of the Developer within the District and accordingly all covenants and agreements on the part of the Town as to the amounts payable hereunder are hereby declared to be for the benefit of any such assignee or pledgee from time to time of the Developer’s right, title and interest herein.
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Benefit of Assignees or Pledgees. 16 Section 8.11. Integration 16 Section 8.12. Reserved 16
Benefit of Assignees or Pledgees. The Town agrees that this Agreement is executed in part to induce assignees or pledgees to provide financing for the Evergreen Wind Power Project and accordingly all covenants and agreements on the part of the Town as to the amounts payable hereunder are hereby declared to be for the benefit of any such assignee or pledgee from time to time of the Developer's right, title and interest herein.
Benefit of Assignees or Pledgees. The City agrees that this Agreement is executed in part to assist the Developer in obtaining financing for the Project and accordingly all covenants and agreements on the part of the City as to the amounts payable hereunder are hereby declared to be for the benefit of any such assignee or pledgee from time to time of the Developer's right, title and interest herein.
Benefit of Assignees or Pledgees. The County agrees that this Agreement is executed in part to induce assignees or pledgees to provide financing for the Downeast Wind Project and accordingly all covenants and agreements on the part of the County as to the amounts payable hereunder are hereby declared to be for the benefit of any such assignee or pledgee from time to time of the Company’s right, title and interest herein.
Benefit of Assignees or Pledgees. The County agrees that this Agreement is executed in part to induce assignees or pledgees to provide financing for the Downeast Wind Project and accordingly all covenants and agreements on the part of the County as to the amounts payable hereunder are hereby declared to be for the benefit of any such assignee or pledgee from time to time of the Company’s right, title and interest herein.

Related to Benefit of Assignees or Pledgees

  • Successors and Assigns; Assignment of Agreement This Agreement shall bind and inure to the benefit of and be enforceable by the Primary Servicer and the Master Servicer and the respective successors and assigns of the Primary Servicer and the Master Servicer. This Agreement shall not be assigned, pledged or hypothecated by the Primary Servicer to a third party except as otherwise specifically provided for herein. If the Master Servicer shall for any reason no longer act in such capacity under the Pooling and Servicing Agreement (including, by reason of Servicer Termination Event), any successor to the Master Servicer under Pooling and Servicing Agreement (including the Trustee if the Trustee has become such successor pursuant to Section 7.02 of the Pooling and Servicing Agreement) may thereupon assume all of the rights and, except to the extent they arose prior to the date of assumption, obligations of the Master Servicer under this Agreement.

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