Credit Assignment Clause Samples

A Credit Assignment clause defines how credit or recognition for work, ideas, or contributions is allocated among parties involved in a project or agreement. This clause typically specifies the manner in which authorship, inventorship, or acknowledgment is attributed, such as listing names in publications, patents, or marketing materials. Its core function is to ensure that all parties receive appropriate recognition for their contributions, thereby preventing disputes over credit and fostering transparency in collaborative efforts.
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Credit Assignment. It is hereby expressly stated and the Purchaser is hereby notified that on July 20, 2011, RDSA assigned and transferred to Banco Santander Río S.A., with domicile at ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ 480 of the Cit of Buenos Aires (the “Bank”), pursuant to Sections 1434 and similar one, 3204 and 3238 of the Civil Code, all the rights to collect present and/ or future price balances, payments, securities, penalties and interest amounts corresponding to RDSA pursuant to this Preliminary Sales Contract and any other supplementary agreement and/ or contract entered into and/ or to be entered into regarding thereto (the “Assignment”). Furthermore, should the Seller hereinafter decide to assign the credit pursuant to Sections 70 to 72 of Act No. 24,441, the credit assignment may be made without any notice to the Purchaser and will be valid as from its formalization pursuant to Section 72 of said act. The Purchaser expressly states that, as provided for in said Act, the assignment will be valid as from its effective date and that it may only enforce against the assignee the exceptions set forth in said Section 72. However, in case the assignment implies a modification of the payment domicile, the new address should be notified to the Purchaser by a reliable means. Such assignment will not release the Seller from any of its obligations under this Preliminary Sales Contract.
Credit Assignment. The Beneficiary undertakes to ensure execution of security assignment, through deed of assignment of credit as per deed to be agreed between the Parties, the form and content of which must meet with the approval of the Agent Bank, of the European credits owed to the Beneficiary and to the Assigning Companies by the European debtors (the “European Debtors”), where assignable, as identified in greater detail in annex 15.4 bis hereto (hereinafter the “Credits”). Moreover, in signing this Agreement and the deeds of Credit Assignment, the Beneficiary also undertakes to ensure assignment of the credits, including future credits, owed by the European Debtors, which the Beneficiary and/or the other Assigning Companies, are or become holders in the future, with the related flows being channelled, within a reasonable time, to current accounts opened with UniCredit. If for any reason the deeds of assignment stipulated before the Disbursement Date by the Beneficiary and/or the Assigning Companies are or become null, void or ineffectual for any reason, the Beneficiary undertakes, following written request from the Agent Bank, to promptly stipulate, or ensure stipulation, of new deeds of assignment that are valid and effective.
Credit Assignment. The Creditor is authorized to assign or participate in this facility at any time, in whole or in part, to a third party (national or foreign) without the need for prior notice; it is also authorized to provide the necessary information for this purpose.
Credit Assignment. (a) Each teacher will be entitled to the assignment of one credit. Two make-up courses are considered to be the equivalent of one credit. (b) Where a more senior qualified teacher has not been hired in accordance with (a) (ii), the Board shall provide, upon written request of the teacher, the reasons why the teacher was not offered the position.

Related to Credit Assignment

  • 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.

  • 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.

  • Assignment; Amendment This Agreement may not be assigned by any party hereto without the prior express written consent of all other parties. This Agreement may not be amended except by the express written consent of all parties hereto.

  • Deed; ▇▇▇▇ of Sale; Assignment To the extent required and permitted by applicable law, this Agreement shall also constitute a “deed,” “▇▇▇▇ 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.