Interests Assigned Clause Samples
The "Interests Assigned" clause defines the transfer of rights, benefits, or obligations from one party to another under a contract. In practice, this clause specifies which interests—such as payment rights, intellectual property, or contractual duties—can be assigned, and may outline any conditions or restrictions on such assignments, like requiring prior written consent. Its core function is to clarify the circumstances under which contractual interests may be transferred, thereby preventing disputes and ensuring all parties are aware of and agree to any changes in contractual relationships.
Interests Assigned. Term Loan Aggregate Pro Rata Term Loan Share [____________], 20[_]
Interests Assigned. Commitment ---------- Assignor Amounts $__________ Amounts Assigned $__________ Assignor Amounts (post-assignment) $__________ Closing Fee: $__________ Assignee Information:
Interests Assigned. Commitment/Note/ Unit Initial Note Amount Initial Note Commitment Purchased Units Amounts Assigned $______________ $________________ $____________ Assignee Information: Address for Notices: Address for Payments: Bank: Attention: ABA #: Telephone: Account #: Facsimile: Reference: Exhibit B Form of Payment Notification2 Faraday Future Intelligent Electric Inc. Date: [___________], 20[__] Reference is made to the Securities Purchase Agreement, dated as of May 8, 2023 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Securities Purchase Agreement”) by and among Faraday Future Intelligent Electric Inc., a Delaware corporation (“Issuer”) and the financial institutions or other entities from time to time party thereto (each as a “Purchaser” and collectively, the “Purchasers”). Please be advised that funds in the amount of $[INSERT AMOUNT] will be wire transferred to [INSERT PURCHASER] on [_________], 20[__]. Such funds shall constitute a prepayment of the Notes, with such prepayments to be applied in the manner specified in Section 2.6(c) of the Securities Purchase Agreement. 2 Please deliver this document to the Purchasers no later than noon Eastern time. Funds must be received no later than noon Eastern time for same day application.
Interests Assigned. Term Loan Assignor Amount (pre-assignment) $ Amount Assigned $ Assignee Amount (post-assignment; not including any amount of the Term Loan and/or Commitment already held by the Assignee) $ Assignee Information: Address for Notices: ___________________________ ___________________________ Attention: _______________ Telephone: _______________ Telecopy: _______________ Address for Payments: Bank: _____________________ ABA #: _____________________ Account #: _____________________ Reference: _____________________ Reference is made to that certain Amended and Restated Credit Agreement, dated as of June 7, 2018 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Credit Agreement), by and among VINTAGE STOCK, INC., a Missouri corporation (the “Borrower”), the lenders from time to time party thereto, as lenders, COMVEST CAPITAL IV, L.P., a Delaware limited partnership as agent for the Lenders (the “Agent”), and acknowledged and agreed to by VINTAGE STOCK AFFILIATED HOLDINGS LLC, a Nevada limited liability company and sole equity holder of the Borrower (the “Parent”).
Interests Assigned. Commitment Pro Rata Share Assignor Total Amounts (pre-assignment) Total Amounts Assigned Assignor Amounts (post-assignment) Assignee Information: All notices of payments and written confirmations of such wire transfers: PRIMARY CONTACT – All communications (including notices of payments): Wire Instructions: 742613903 21686243 EXHIBIT B FORM OF SUBSERICER INSTRUCTION LETTER [See Attached] Schedule I Valuation Agents 1. MountainView Servicing Group
Interests Assigned. Each of the Sellers hereby agrees to sell, assign, transfer and convey the entirety of the such Seller’s Membership Interest to Great Ajax effective as of the Closing Date hereof. Each of the Sellers shall execute and deliver to Great Ajax an assignment of such Seller’s Membership Interest (the “Assignment”) in the form attached hereto as Exhibit “B.”
Interests Assigned. Percentage interest assigned: %
Interests Assigned. Commitment Pro Rata Share Assignor Total Amounts (pre-assignment) Total Amounts Assigned Assignor Amounts (post-assignment) Assignee Information: All notices of payments and written confirmations of such wire transfers: PRIMARY CONTACT – All communications (including notices of payments): Wire Instructions: 752805876 23733713 752805876 23733713 752805876 23733713