CHARGE AND ASSIGNMENT Sample Clauses

CHARGE AND ASSIGNMENT. 4 4 FLOATING CHARGE.................................................................................... 7 5 FURTHER ASSURANCE.................................................................................. 9 6 PERFORMANCE, RELEASE AND REGISTRATION.............................................................. 9 7 PROPERTIES......................................................................................... 10 8 LEASES............................................................................................. 14 9 RECEIVABLES AND BANK ACCOUNTS...................................................................... 15
Sample 1Sample 2See All (6)
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CHARGE AND ASSIGNMENT. In consideration of the Facility being made available by the Junior Lender to the Borrower upon the terms and conditions of the AES Loan Agreement, the Borrower with full title guarantee assigns and grants to the Junior Lender a third-priority security interest in absolutely all the Borrower's right, title, interest and benefit in and to the Insurances upon the terms herein set out as a continuing security for the due and punctual payment of the Junior Secured Indebtedness and the due and punctual performance and observance by the Borrower of all other obligations of the Borrower contained in the AES Loan Agreement or any Subordinated Security Document to which it is a party. THIS ASSIGNMENT IS SUBORDINATE IN RIGHT TO THE CHARGES CREATED TO SECURE THE OBLIGATIONS OF THE BORROWER UNDER THE SENIOR LOAN AGREEMENT, AND THE ENFORCEMENT OF THIS ASSIGNMENT SHALL BE LIMITED IN ACCORDANCE WITH THE PROVISIONS OF THE SENIOR SUBORDINATION AGREEMENT AND THE PRIORITY DEED.
Sample 1
CHARGE AND ASSIGNMENT. (a) In consideration of the Lenders agreeing to make the Facility available to the Borrower upon the terms and conditions of the Facility Agreement and as a continuing security for the due and punctual performance and discharge of the Secured Obligations, each of the Borrower and Assignors, as beneficial owner, hereby mortgages, charges and agrees to charge in favour of the Security Trustee as trustee for the benefit of the Finance Parties by way of first legal charge, the Collateral. (b) Each of the Borrower and Assignors as beneficial owner hereby assigns to the Security Trustee and the Finance Parties and each of them all of their respective rights, title and interest in and to the Collateral, present and future, in and to the Collateral.
Sample 1Sample 2
CHARGE AND ASSIGNMENT. (a) Subject always to the Senior Security, the Company HEREBY CHARGES in favour of the Chargee as security for the payment and discharge of the Secured Indebtedness: (i) by way of fixed charge all present and future fixtures, plant, machinery, vehicles, furniture, furnishings, fixtures, goods, assets, merchandise, consumables, products computers, and other office tools, equipment and appliances and the benefit of all contracts and warranties relating to the same in which the Company now or at any time during the continuance of this Security has an interest (including but not limited to those listed on the Schedule); and (ii) by way of floating charge all raw materials, stock- in-trade, work-in-progress and inventory of the Company from time to time and all other undertaking, property and assets, both present and future of the Company, including those comprised in the property, assets and undertaking of the Company described in Sub-clause (i) above if and insofar as the charge on such property, assets and undertaking or on any part or parts thereof shall for any reason be ineffective as a fixed charge. (b) The Charges may at any time by notice to the Company convert the floating charge hereby created into a fixed charge as regards such Charged Assets as may be specified (whether generally or specifically) in such notice. 2.2 This Security is a continuing security and shall remain in force notwithstanding any intermediate payment or settlement of account or other matter whatsoever and is in addition to and shall not merge into or otherwise prejudice or affect any guarantee, Encumbrance or other right or remedy now or hereafter held by or available to the Chargee and shall not be in any way prejudiced or affected thereby or by the invalidity
Sample 1
CHARGE AND ASSIGNMENT. Subject to clause 8 (Excluded Assets) of the Security Agreement and without prejudice to the generality of clause 2(a) (Accession), [the/each] Acceding Company with full title guarantee, charges and assigns (and agrees to charge and assign) to the Collateral Agent for the payment and discharge of the Secured Obligations, all its right, title and interest in and to the property, assets and undertaking owned by it or in which it has an interest, on the terms set out in clauses 1.7 (Obligations secured by this Deed), 3 (Grant of Security), 4 (Fixed Security), 5 (Floating Charge) and 6 (Grant of license) of the Security Agreement including (without limiting the generality of the foregoing):
Sample 1
CHARGE AND ASSIGNMENT. Without prejudice to the generality of Clause 2(a) (Accession), [the/each] Acceding Company with full title guarantee, charges and assigns (and agrees to charge and assign) to the Security Agent for the payment and discharge of the Secured Obligations, all its right, title and interest in and to the property, assets and undertaking owned by it or in which it has an interest, on the terms set out in Clauses 3 (Grant of security), 4 (Fixed security) and 5 (Floating charge) of the Debenture including (without limiting the generality of the foregoing): (i) by way of first legal mortgage all the freehold and leasehold Real Property [(other than any Short Leasehold Property)] (if any) vested in or charged to the Acceding Company (including, without limitation, the property specified [against its name] in part 1 of Schedule 2 (Details Of Security Assets) (if any)); (ii) by way of first fixed charge: (A) all the Charged Securities (including, without limitation, those specified [against its name] in part 2 of Schedule 2 (Details Of Security Assets) (if any)); together with (B) all Related Rights from time to time accruing to them; (iii) by way of first fixed charge each of its [Cash Collateral Accounts and its other accounts (other than any Trust Accounts) with any bank or financial institution at any time (including, without limitation, those specified [against its name] in part 3 of Schedule 2 (Details Of Security Assets)) and all monies at any time standing to the credit of such accounts; (iv) by way of first fixed charge all Intellectual Property (including, without limitation, the Intellectual Property specified [against its name] in part 4 of Schedule 2 (Details Of Security Assets)); (v) by way of absolute assignment the Relevant Contracts (including, without limitation, those specified [against its name] in part 5 of Schedule 2 (Details Of Security Assets) (if any)), all rights and remedies in connection with the Relevant Contracts and all proceeds and claims arising from them; and (vi) by way of absolute assignment the Insurances (including, without limitation, those specified [against its name] in part 6 of Schedule 2 (Details Of Security Assets)), all claims under the Insurances and all proceeds of the Insurances.
Sample 1
CHARGE AND ASSIGNMENT. In consideration of the Facility being made available by the Lenders to the Borrower upon the terms and conditions of the Loan Agreement, the Borrower with full title guarantee charges to the Agent by way of first fixed charge and assigns to the Agent absolutely by way of mortgage the Charged Account and all its right, title, interest and benefit therein and thereto as a continuing security for the due and punctual payment of the Secured Indebtedness and the due and punctual
Sample 1
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CHARGE AND ASSIGNMENT. The Chargor (as legal and beneficial owner) hereby charges to the Chargee for the benefit of itself, the Trustee and the Holders of the Notes by way of first fixed charge the Charged Account as continuing security for the payment or discharge of the Note Obligations.
Sample 1

Related to CHARGE AND ASSIGNMENT

  • Sale and Assignment On the terms and conditions set forth herein, effective on and as of the Assignment Date, the Assignor hereby sells, assigns and transfers to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, all of the right, title and interest of the Assignor in and to, and all of the obligations of the Assignor in respect of, the Assigned Interest. Such sale, assignment and transfer is without recourse and, except as expressly provided in this Agreement, without representation or warranty.

  • Enurement and Assignment This Agreement shall enure to the benefit of the parties hereto and their respective successors and permitted assigns and shall be binding upon the parties hereto and their respective successors. This Agreement may not be assigned by any party hereto without the prior written consent of each of the other parties hereto.

  • SUB-CONTRACTING AND ASSIGNMENT 18.1 Subject to clause 18.3, neither party shall assign, novate, subcontract or otherwise dispose of any or all of its rights and obligations under this agreement without the prior written consent of the other party, neither may the Supplier sub-contract the whole or any part of its obligations under this agreement except with the express prior written consent of the Authority, such consent not to be unreasonably withheld. 18.2 In the event that the Supplier enters into any Sub-Contract in connection with this agreement it shall: (a) remain responsible to the Authority for the performance of its obligations under the agreement notwithstanding the appointment of any Sub-Contractor and be responsible for the acts omissions and neglects of its Sub-Contractors; (b) impose obligations on its Sub-Contractor in the same terms as those imposed on it pursuant to this agreement and shall procure that the Sub-Contractor complies with such terms; and (c) provide a copy, at no charge to the Authority, of any such Sub-Contract on receipt of a request for such by the Authority’s Authorised Representative. 18.3 The Authority shall be entitled to novate (and the Supplier shall be deemed to consent to any such novation) the agreement to any other body which substantially performs any of the functions that previously had been performed by the Authority.

  • CESSION AND ASSIGNMENT The Service Provider shall not cede, assign, abandon or transfer any of its rights and/or obligations in terms of this Agreement (whether in part or in whole) or delegate any of its obligations in terms of this Agreement, without the prior written consent of the Fund.

  • Delegation and Assignment 21 In the performance of this Agreement, CONTRACTOR may neither 22 delegate its duties or obligations nor assign its rights, either in whole or 23 in part, without the prior written consent of COUNTY. Any attempted 24 delegation or assignment without prior written consent shall be void. The

  • Licenses and Assignments Except as otherwise permitted by the Secured Debt Agreements, each Assignor hereby agrees not to divest itself of any right under any Patent or Copyright absent prior written approval of the Collateral Agent.

  • Transfers and Assignments You cannot assign or transfer any interest in your account unless we agree in writing.

  • SUBLEASING AND ASSIGNMENT The Sublessee may not lease, sublease, or assign the Premises without the prior written consent of the Sublessor.

  • Xxxx of Sale and Assignment Xxxx of Sale and Assignment for the Property (the “Xxxx of Sale”) executed by Seller and Purchaser assigning to Purchaser the Tangible Personal Property, in the form attached to this Agreement as Exhibit D.

  • SUBCONTRACT AND ASSIGNMENT This Agreement binds the heirs, successors, assigns and representatives of the Contractor. The Contractor shall not enter into subcontracts for any work contemplated under this Agreement and shall not assign this Agreement or monies due or to become due, without the prior written consent of the General Manager of the Agency or his designee, subject to any required state or federal approval. (Note: list any subcontractors here)

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