General Assignments Sample Clauses

General Assignments. An executed counterpart of the General Assignment referred to in Section 10.2(d) above, whereby Buyer assumes all of the obligations of Seller under the FF&E Leases, Service Contracts and Leases arising on and after the Closing Date.

General Assignments. Assignments of all of Seller’s right, title and interest in and to all FF&E Leases, Service Contracts and Leases and substantially in the form as attached hereto as Schedule 10.2(c) (the “Hotel Contracts”). The assignment shall also be a general assignment and shall provide for the assignment of all of Seller’s right, title and interest in all Records, Warranties, Licenses, Tradenames, Contracts, Plans and Specs and all other intangible Personal Property applicable to the Hotel, including Seller’s construction contract with the Contractor.

General Assignments. Assignments of all of Seller’s right, title and interest in and to all FF&E Leases, Service Contracts and Leases identified on Exhibit C hereto (the “Hotel Contracts”). The assignment shall also be a general assignment and shall provide for the assignment of all of Seller’s right, title and interest in all Records, Warranties, Licenses, Tradenames, Contracts, Plans and Specs and all other intangible Personal Property applicable to the Hotel. The assignments shall contain cross-indemnities by Buyer and Seller for their respective periods of ownership.

General Assignments. Assignments of all of Seller’s right, title and interest in and to all FF&E Leases, Service Contracts and Leases identified on Exhibit H. The assignment shall also be a general assignment and shall provide for the assignment of all of Seller’s right, title and interest in all Records, Warranties, Licenses, Tradenames, Construction Plans and all other intangible Personal Property applicable to the Hotel. The assignments shall contain cross-indemnities by Buyer and Seller for their respective periods of ownership.

General Assignments. To the extent assignable, assignments of all of Seller’s right, title and interest in and to all FF&E Leases, Service Contracts and Leases identified on Exhibit C hereto (the “Hotel Contracts”). The assignment shall also be a general assignment and shall provide for the assignment to the extent assignable, of all of Seller’s right, title and interest in all Records, Warranties, Licenses, Tradenames, Contracts, Plans and Specs and all other intangible Personal Property applicable to the Hotel. It shall also provide for Seller’s indemnification of Buyer for pre-Closing obligations under the Hotel Contracts and likewise, Buyer’s indemnification of Seller for post-Closing obligations under the Hotel Contracts. The Liquor Licenses and the Existing Franchise Agreement shall not be assigned.

General Assignments. Assignments of all of Seller’s right, title and interest in and to all FF&E Leases, Service Contracts and Leases (the “Hotel Contracts”). The assignment shall also be a general assignment and shall provide for the assignment of all of Seller’s right, title and interest in all Records, Warranties, Licenses, Tradenames, Contracts, Plans and Specs and all other intangible Personal Property applicable to the Hotel, including Seller’s construction contract with the Contractor. Notwithstanding the foregoing, or anything else in this Contract to the contrary, Seller shall not assign to Buyer any construction-related claims against design professionals, suppliers, contractors or other persons performing work in connection with the design and construction of the Hotel to the extent such claims pertain to defects that are corrected by Seller prior to Closing, and if such defects are corrected by Seller subsequent to Closing, Buyer shall reassign the applicable claims to Seller for the purpose of Seller’s enforcement thereof. The foregoing provision of reassignment shall be self-operative and no further instrument of reassignment shall be required. If requested by Seller, however, Buyer shall execute and deliver promptly any certificate or other instrument which Seller may reasonably request to evidence such reassignment. Any claim or warranty retained by or reassigned to Seller pursuant to this Section 10.2(c) shall automatically revert to or be assigned to Buyer, as applicable, upon the conclusion of Seller’s enforcement or defense under such warranty, and no further instrument of reversion or assignment shall be required. If requested by Buyer, however, Seller shall execute and deliver promptly any certificate or other instrument which Buyer may reasonably request to evidence such reversion or assignment.

General Assignments. The Redeveloper shall not assign this Contract without the prior written consent of the Authority, which consent may be granted, denied or conditioned in the sole discretion of the Authority; the sale or lease of individual apartments and within the normal course of business is not to be construed as an assignment of this Contract. The Authority shall have the right to assign or otherwise transfer this Contract to the City, or to any successor entity created by the City to perform the same functions as the Authority and upon such assignment or other transfer, this Contract shall be binding upon and shall inure to the benefit of the City or to any such successor entity.

General Assignments. Each year, all of the time slots for each shift (days or nights) in the Corrections Division, will be available to be bid upon by bargaining unit employees who have completed probation. In each subsequent year of this Agreement, the list of time slots per shift shall be posted on October 17 and continue such posting for fifteen (15) calendar days, at which time the employees shall bid on the posted slots in writing. Employees will be afforded the opportunity to sign up for the open time slots in order of seniority. The employee’s assigned positions as outlined in subparagraph 1 above shall be exempt from this bidding process. Assignments to the time slots will be based upon seniority for the time slot for which he or she bid. Assignments will become effective on or before the first day of the payroll period commencing after January 1 of each successive year. Where it is necessary to involuntarily change the shift assignment or hours of work on an employee in order to fill a vacancy resulting from a promotion, retirement, extended absence due to injury or illness, irresolvable personal conflict among employees, and/or termination; the employee with the least seniority shall be the one whose shift assignment will be changed. The Employer will first seek volunteers. The Employer reserves the right to assign post duties to personnel on shifts in accordance to operational needs. In the event that at the end of the selection and bidding processes set forth in this Subsection 1 and 2 above, a sufficient number of employees have not indicated an interest in the position of court officer, the employer(s) has the right to assign employees to that position, first utilizing probationary employees, then post- probationary employees based upon reverse seniority.

General Assignments. The Redeveloper Parties shall not assign this Contract without the prior written consent of the Authority, which consent may be granted, denied, or conditioned in the sole discretion of the Authority; provided, however, that rental of hotel rooms and/or meeting or commercial space within the Project within the Redeveloper Parties’ normal course of business is not to be construed as an assignment of this Contract. Notwithstanding the foregoing, the Redeveloper Parties, upon prior written notice to the Authority, shall be permitted to assign this Contract without consent of the Authority to any Controlled Affiliate of the Redeveloper Parties and such affiliate shall be deemed to assume and agree to keep, observe and perform all of the terms, covenants, obligations (including specifically, without limitation, indemnification obligations) and provisions of this Contract. Additionally, any one Redeveloper limited liability company may assign or acquire the interest of any other Redeveloper limited liability company without consent of the Authority, but shall provide prior written notice to the Authority. Upon the occurrence of any such assignment or transfer, the assigning or transferring entity shall also transfer its interest in the Bonds to the transferee or assignee entity such that following the transfer or assignment the resulting tenant entities shall be 100% owner of the Bonds. Upon any assignment by Redeveloper Parties as permitted under this Contract, this Contract shall be binding upon and shall inure to the benefit of the assignee or to any successor entity and the assignment instrument or memorandum of same shall be recorded in the Office of the Recorder of Deeds for ▇▇▇▇▇▇▇ County, Missouri. Notwithstanding anything in Section 11.02 to the contrary with respect to an assignment to a Controlled Affiliate or to any one Redeveloper Party acquiring the interest of any other Redeveloper Party, the form of any such assignment or transfer instrument shall be subject to the approval of the Authority, which approval shall not be unreasonably withheld. The Authority shall not assign or otherwise transfer this Contract to any other entity except to the City, or to any successor entity created by the City to perform the same functions as the Authority and upon such assignment or other transfer, this Contract shall be binding upon and shall inure to the benefit of the City or to any such successor entity.