Consent to Pre-Delivery Security Assignment Sample Clauses

Consent to Pre-Delivery Security Assignment. 2.1 The Charterer and Builder hereby consent to the assignment by the Buyer in favour of the Security Trustee of the Buyer’s rights under the Shipbuilding Contract and the Refund Guarantee pursuant to the Pre-Delivery Security Assignment. 2.2 Simultaneously with the execution of this Agreement, the Buyer and the Security Trustee shall enter into the Pre-Delivery Security Assignment and the Buyer shall sign and date and give notice of assignment to the Builder and the Charterer in the respective forms contained in [schedules/exhibits][Ÿ] and [Ÿ] to the Pre-Delivery Security Assignment, and the Builder and the Charterer shall sign and deliver to the Security Trustee their respective acknowledgements of such notices of assignment in the respective forms contained [schedules/exhibits] [Ÿ] and [Ÿ] to the Pre-Delivery Security Assignment. 2.3 If the security constituted by the Pre-Delivery Security Assignment is released and discharged, the Security Trustee shall promptly notify the other Parties in writing of such release and discharge and thereafter the Security Trustee shall have no further rights or obligations under this Agreement and all the references to the Security Trustee shall be disregarded.
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Related to Consent to Pre-Delivery Security Assignment

  • Deed; Xxxx of Sale; Assignment To the extent required and permitted by applicable law, this Agreement shall also constitute a “deed,” “xxxx of sale” or “assignment” of the assets and interests referenced herein.

  • SUBLET/ASSIGNMENT The Lessee may not transfer or assign this Lease, or any right or interest hereunder or sublet said leased Premises or any part thereof without first obtaining the prior written consent and approval of the Lessor.

  • Shift Assignment Should the University elect to establish a shift on any other schedule than the regular day shift (Monday through Friday) or to assign employees to work on any such shift, the employee(s) with the most seniority in the classification affected or to be assigned on such shift shall have preference in moving to such shift. If an insufficient number of employees in the classification elect to move to such shift, then the employee(s) with the least seniority in the classification shall be assigned to such shift. If positions or shifts are reduced or eliminated or movement of personnel to other shifts is required, then the seniority of the affected employee will prevail in the selection of shift, provided the affected employee can do the required work. Such shift preference is only applicable within the employee's classification.

  • Amendment; Assignment This Agreement may be amended, superseded, canceled, renewed or extended, and the terms hereof may be waived, only by a written instrument signed by authorized representatives of the parties or, in the case of a waiver, by an authorized representative of the party waiving compliance. No such written instrument shall be effective unless it expressly recites that it is intended to amend, supersede, cancel, renew or extend this Agreement or to waive compliance with one or more of the terms hereof, as the case may be. Except for the Management Stockholder’s right to assign his or her rights under Section 4(a) or the Company’s right to assign its rights under Section 4(b), no party to this Agreement may assign any of its rights or obligations under this Agreement without the prior written consent of the other parties hereto.

  • The Assignment On or prior to the Purchase Date, World Omni will execute and deliver the RPA Assignment.

  • Acceptance of Assignment Assignee hereby accepts the assignment contained in paragraph 1 hereof.

  • Contract Assignment You cannot assign this contract to another person nor sublet any part of the premises.

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  • Patent Assignment Seller hereby sells, assigns, transfers and conveys to Purchaser all right, title and interest it has in and to the Patents and all inventions and discoveries described therein, including without limitation, all rights of Seller under the Assignment Agreements, and all rights of Seller to collect royalties under such Patents.

  • ASSIGNMENT AND TRANSFER SIGNATURE LINES FOR VALUE RECEIVED, the undersigned Holder hereby sell(s), assign(s) and transfer(s) unto ______________________________ whose taxpayer identification number is _______________________ and whose address including postal zip code is ____________________________, the within Receipt and all rights thereunder, hereby irrevocably constituting and appointing ________________________ attorney-in-fact to transfer said Receipt on the books of the Depositary with full power of substitution in the premises.

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