Common use of Conditions to Effectiveness of Assignment Clause in Contracts

Conditions to Effectiveness of Assignment. The effectiveness of the sale, assignment and transfer contemplated pursuant to Section 2 is subject to (i) the due execution and delivery of this Assignment Agreement by the Assignor and the Assignee[s] and (ii) receipt by Assignor of payment from Assignee[s] of all amounts due in consideration for the transfer and assignment provided herein.

Appears in 4 contracts

Samples: Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.)

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Conditions to Effectiveness of Assignment. The effectiveness of the sale, assignment and transfer contemplated pursuant to Section 2 is subject to (i) the due execution and delivery of this Assignment Agreement by the Assignor and the Assignee[s] and ], (ii) to the extent required under the Credit Agreement, the receipt of Borrower’s and Administrative Agent’s consent thereto and (iii) receipt by the Assignor of payment from the Assignee[s] of all amounts due in consideration for the transfer and assignment provided herein.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (OPAL Fuels Inc.)

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