Date of Assignment Clause Samples
The Date of Assignment clause specifies the exact date on which the rights, obligations, or interests under a contract are formally transferred from one party to another. In practice, this clause identifies when the assignee becomes responsible for the assigned duties and entitled to any associated benefits, such as payments or performance under the agreement. By clearly establishing the effective date of the assignment, this clause helps prevent disputes over timing and ensures all parties are aware of when their respective responsibilities and rights change hands.
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Date of Assignment. Assignee hereb▇ ▇▇▇▇▇ts the foregoing assignment and hereby assumes primary liability for and agrees (i) with each of Assignor and Landlord to perform all of Assignor's obligations under the Lease accruing from and aiter June 8, 1998 (the "Assignment Date") and (ii) with Assignor to perform all of Assignee's obligations under this Assignment accruing from and alter the Effective Date. Notwithstanding the Assignment Date, Assignor shall be solely responsible for the payment of Rent until June 15, 1998, and the June payment of Rent under the Lease shall be paid as follows: Assignor shall pay the entire June payment of rent due under the Lease to Landlord on or before June 1, 1998, and shall concurrently deliver to Assignee a written request for the amount of such payment attributable on a pro rata basis to the period June 16 - June 30, 1998 ("Assignee Initial Rent Payment"); within five (5) days after receiving such written request, Assignee shall pay Assignor the Assignee Initial Rent Payment. Commencing on July 1, 1998, and for the duration of the Lease term, Assignee shall make all payments of rent accrumg under the Lease directly to Landlord.
Date of Assignment. The effective date for the assignment will be listed when a vacancy is posted.
Date of Assignment. Legal Name of Assignor: SEE SIGNATURE PAGE (c) Legal Name of Assignee: SEE SIGNATURE PAGE (d) Effective Date of Assignment: , 199__ ------------------- See Schedule I attached for a description of the Loans and Commitments (and the percentage interests therein and relating thereto) which are the subject of this Assignment and Acceptance.
Date of Assignment. Legal Name of Assignor: --------------------------- Legal Name of Assignee: --------------------------- Assignee's Address for Notices: ------------------------------------------- -------------------------------------------------------------------------- Effective Date of Assignment: ---------------------
Date of Assignment. Legal Name of Assignor: ------------------------------------------------------- Legal Name of Assignee: ------------------------------------------------------- Assignee's Address for Notices: ----------------------------------------------- Effective Date of Assignment (may not be fewer than 5 Business Days after the Date of Assignment unless otherwise agreed by the Administrative Agent): -------------------------------------------------------- Percentage Assigned of Facility/ Commitment (set forth, to at least 8 Principal Amount Assigned decimals, as a percentage of the (and identifying information as Facility and the aggregate Facility to individual Competitive Loans) Commitments of all Lenders thereunder) -------- -------------------------------- -------------------------------------- Commitment Assigned: $____________ __________% Standby Loans: $____________ __________% Competitive Loans: $____________ __________% Fees Assigned (if $____________ __________% any): The terms set forth and on Accepted: the reverse side hereof TEXAS UTILITIES COMPANY, are hereby agreed to: by: ------------------------------------- , as ---------------------- Assignor, Name: Title: by: ------------------- TEXAS UTILITIES ELECTRIC COMPANY, Name: Title: by: ------------------------------------- , as ---------------------- Assignee, Name: Title: by: -------------------- TUC HOLDING COMPANY, Name: Title: by: ------------------------------------- Name: Title: ENSERCH CORPORATION, by: ------------------------------------- Name: Title: TEXAS COMMERCE BANK NATIONAL ASSOCIATION, as Administrative Agent, by: ------------------------------------- Name: Title: THE CHASE MANHATTAN BANK, as CAF Agent, by: ------------------------------------- Name: Title: [LETTERHEAD OF] EXHIBIT D-1 REID & ▇RIEST LLP April 24, 1997 To the Lenders listed on Schedule 2.01 of each Credit Agreements referred to below Ladies and Gentlemen: We advise you that we have acted as counsel to TUC Holding Company, a Texas corporation ("TUC"), Texas Utilities Company, a Texas Corporation ("TU"), and Texas Utilities Electric Company, a Texas corporation ("TU Electric"), in connection with the 364-Day Amended and Restated Competitive Advance and Revolving Credit Facility Agreement and the 5-Year Amended and Restated Competitive Advance and Revolving Credit Facility Agreement (collectively, the "Credit Agreements"), each dated as of April 24, 1997, among TUC, TU, TU Electric, Enserch Corporation ("Enserch"), Texas Commerc...
Date of Assignment. (a) So long as and to the extent that no Advance is made to the Assignor under the Senior Bridge Facilities Agreement, the Assignor shall not be obligated to assign any of its Eligible Receivables or Vehicle Guarantee Receivables by way of security hereunder.
(b) On the date of the first Advance made available to the Assignor and thereafter, to the extent that any amount remains outstanding under any Advance made available to the Assignor, on the last Business Day of each month, the Assignor shall assign to the Assignees, represented by the Security Agent, by way of security, all its Eligible Receivables (with the exception of VAT Receivables) and its Vehicle Guarantee Receivables (whether present or future) originated by it during the preceding calendar month (and, in particular, those Eligible Receivables arising from any new Vehicle Dealer Buy-Back Agreements and Vehicle Manufacturer Buy-Back Agreements entered into by the Assignor and/or any new insurance policies subscribed by the Assignor during the relevant calendar month) and to which it then holds title. For the avoidance of doubt, no such Eligible Receivables shall be assigned by the Assignor to the Assignees to the extent that such Eligible Receivables shall have been previously assigned by the Assignor to the Assignees pursuant to this Master Agreement.
(c) On the date of the first Advance made available to the Assignor and thereafter, to the extent that any amount remains outstanding under any Advance made available to the Assignor, on the Business Day following each day upon which the Assignor shall have filed a request of refund of its VAT credit with the competent tax authority and to the extent any amount remains outstanding under any Advance made available to the Assignor, the Assignor shall assign to the Assignees, represented by the Security Agent, its VAT Receivables.
Date of Assignment. Legal Name of Assignor:
Date of Assignment. (b) Legal Name of Assignor: ----------------- (c) Legal Name of Assignee: ----------------- (d) Effective Date of Assignment: ----------------- (e) Commitment Percentage Assigned: % ---------------- (f) Commitment Percentage of Assignor after Assignment % ---------------- (g) Total Bridge Loans outstanding as of Effective Date $ ---------------- Exhibit 11.3(b)-2
Date of Assignment. (clause 1) [Tick which date applies.] The date that the last party signs ☐ this Agreement. The date that the Assignor receives ☐ payment of the Fee. The following date: [insert] ☐
Date of Assignment. (clause 1) Name: [insert] ABN: [insert] Address: [insert] Email: [insert] For attention of: [insert] Name: [insert] ABN: [insert] Address: [insert] Email: [insert] For attention of: [insert] The IPR identified in Schedule 1, and any future IPR which derives priority from any of those listed in Schedule 1 as developed and/or owned by the Assignor. The date that the last party signs this Agreement. ☐ The date that the Assignor receives payment of the Fee. ☐ The following date: [insert] ☐ Guidance Note for items 1 and 2: These items set out the parties' representatives, including for disputes under the Agreement The location of the Assignor is also the governing law and jurisdiction of the Agreement.