Option Attornment and Assignment Sample Clauses

Option Attornment and Assignment. If there is an Event of Default described in Subsections 17.1 A or D. above with respect to Xxxx (each a “Major Ford Default”), the parties agree that UDOT shall attorn to the rights of Ford under the Prime Lease and shall have or be assigned by the Authority the right to exercise Ford’s option to purchase the Facility. For purposes of clarity, as security for Ford’s obligation to pay Rent, UDOT shall have the right to acquire the Facility in the event of a Major Ford Default.
Sample 1
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Related to Option Attornment and Assignment

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • COMPLETE AGREEMENT; AMENDMENTS This Agreement is the complete and exclusive agreement between the parties with respect to the subject matter contemplated thereby. No modifications to this Agreement shall be made or binding unless made in writing and signed by all parties to this Agreement.

  • AGREEMENT The parties agree as follows:

  • ASSIGNMENTS If requested by Referred Client or Recipient Broker/Agent to cancel Referral Assignment, XXXX.xxx shall facilitate Assignment of Referred Client to a new Agent. The Recipient Broker shall be responsible for the Referral Fee due XXXX.xxx if the Referred Client closes with the Recipient Agent or a member of their team.

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  • COUNTERPARTS; ELECTRONIC SIGNATURES Electronic signatures shall be deemed original signatures for purposes of this Agreement and all matters related thereto, and shall have the same legal effect as original signatures.

  • Amendment This Warrant may be modified or amended or the provisions hereof waived with the written consent of the Company and the Holder.

  • Further Assurances Each party shall do and perform, or cause to be done and performed, all such further acts and things, and shall execute and deliver all such other agreements, certificates, instruments and documents, as the other party may reasonably request in order to carry out the intent and accomplish the purposes of this Agreement and the consummation of the transactions contemplated hereby.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

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