Common use of Original Holder Clause in Contracts

Original Holder. The Transaction Documents and Official Records of Multnomah County shall demonstrate that Local Government is the original holder of the Benefit Assessment Lien. Local Government hereby assigns its rights under the Benefit Assessment Lien to Capital Provider, or its designee, such that Capital Provider, or its designee, shall become entitled to payment under the Lien.

Original Holder. The Transaction Documents and Official Records of Multnomah County shall demonstrate that Local Government is the original holder of the Benefit Assessment Lien. Local Government hereby assigns will assign its rights under the Benefit Assessment Lien to the Capital Provider, or its designee, such that the Capital Provider, or its designee, shall become entitled to payment under the Lien.

Original Holder. The Transaction Documents and Official Records of Multnomah County shall demonstrate that Local Government is the original holder of the Benefit Assessment Lien. Local Government hereby will assigns its rights under the Benefit Assessment Lien to the Capital Provider, or its designee, such that the Capital Provider, or its designee, shall become entitled to payment under the Lien.