Common use of Notices of assignment Clause in Contracts

Notices of assignment. The Chargor must: (a) immediately serve a notice of assignment, substantially in the form of Part 1 of Schedule 3 (Forms of Letter for Relevant Contracts), on each counterparty to a Relevant Contract; and (b) use its reasonable endeavours to procure that each such party acknowledges that notice, substantially in the form of Part 2 of Schedule 3 (Forms of Letter for Relevant Contracts).

Appears in 2 contracts

Samples: Security Agreement (GCL Silicon Technology Holdings Inc.), Security Agreement (GCL Silicon Technology Holdings Inc.)

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Notices of assignment. The Chargor must: (a) immediately serve a notice of assignment, substantially in the form of Part 1 of Schedule 3 2 (Forms of Letter letter for Relevant Contracts), on each counterparty to a Relevant Contract; and (b) use its reasonable endeavours to procure that each such party acknowledges that notice, substantially in the form of Part 2 of Schedule 3 2 (Forms of Letter letter for Relevant Contracts).

Appears in 1 contract

Samples: Security Agreement (Warp Technology Holdings Inc)

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Notices of assignment. The Chargor must: (a) immediately serve a notice of assignment, substantially in the form of Part 1 of Schedule 3 1 (Forms of Letter letter for Relevant Contracts), on each counterparty to a Relevant Contract; and (b) use its reasonable endeavours to procure that each such party acknowledges that notice, substantially in the form of Part 2 of Schedule 3 1 (Forms of Letter letter for Relevant Contracts).

Appears in 1 contract

Samples: Security Agreement (Warp Technology Holdings Inc)

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