Pledge and Assignment to Trustee Sample Clauses

Pledge and Assignment to Trustee. Simultaneously with the delivery of this Agreement, the Issuer shall pledge and assign to the Trustee under the Indenture all the Issuer’s right, title and interest in and to the Series 2021 Promissory Note, this Agreement and all the Issuer’s rights to receive payments thereunder and hereunder; provided, however, that the Issuer reserves the right to enforce the Issuer’s Unassigned Rights in its own name and for its own account. The Borrower hereby consents to such pledge and assignment and agrees that the Trustee may enforce any and all rights, privileges and remedies of the Issuer (other than the Issuer’s Unassigned Rights) under or with respect to the Series 2021 Promissory Note and this Agreement.
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Pledge and Assignment to Trustee. Simultaneously with the delivery of this Loan Agreement, the Issuer shall pledge and assign to the Trustee under the Indenture all of the Issuer’s right, title and interest in and to the Promissory Note, this Loan Agreement and all of the Issuer’s rights to receive payments thereunder and hereunder; provided, however, that the Issuer reserves the right to enforce the Unassigned Rights in its own name and for its own account. The Borrower hereby consents to such pledge and assignment and agrees that the Trustee may enforce any and all rights, privileges and remedies of the Issuer (other than the Unassigned Rights) under or with respect to the Promissory Note and this Loan Agreement.
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Pledge and Assignment to Trustee. (a) TxDOT consents to the pledge and assignment to the Trustee of, and the grant to the Trustee of a lien on and security interest in, all of the Borrower’s right, title and interest in, to and under this Agreement, pursuant to the terms and conditions of the Trust Agreement, as collateral security for all of the obligations secured or purported to be secured by the Trust Agreement. (b) TxDOT agrees that as a result of the pledge and assignment referred to in clause (a) above, the Trustee shall have the full right and power, in the exercise of the Trustee’s rights and remedies under the Trust Agreement, to enforce directly against TxDOT all obligations of TxDOT under this Agreement, to exercise all other rights and remedies of the Borrower hereunder and to make all demands and requests and give all notices required or permitted to be made by the Borrower or the Trustee hereunder.
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Pledge and Assignment to Trustee. Simultaneously with the delivery of this Agreement, the Issuer shall pledge and assign to the Trustee under the Indenture all of the Issuer's right, title and interest in and to this Agreement and all of the Issuer's rights to receive payments hereunder; provided, however, that the Issuer reserves the right to enforce the Unassigned Rights in its own name and for its own account. The Company hereby consents to such pledge and assignment and agrees that the Trustee may enforce any and all rights, privileges and remedies of the Issuer (other than the Unassigned Rights) under or with respect to this Agreement.
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Pledge and Assignment to Trustee. As security for the payment of the Bonds, the Hedging Obligations (as such term is defined in the Bond Purchase and Continuing Covenants Agreement) and the obligations of the Institution under the Security Documents and the Hedging Contract, (i) the Institution shall, pursuant to the Mortgage and the Collateral Mortgage, grant to the Issuer and the Trustee a mortgage lien on and security interest in its fee interest in the Mortgaged Property and the Collateral Mortgaged Property, respectively, (ii) the Issuer shall assign its right, title and interest in the Mortgage to the Trustee pursuant to the Assignment of Mortgage, (iii) the Issuer shall pledge and assign to the Trustee pursuant to the Indenture all of the Issuer’s right, title and interest in the Promissory Notes and all of the Issuer’s right, title and interest (except for the Issuer’s Reserved Rights) in this Agreement, including all loan payments thereunder and hereunder, and (iv) in furtherance of said pledge, the Issuer will unconditionally assign such loan payments to the Trustee for deposit in the Bond Fund in accordance with the Indenture. The Institution consents to the Assignment of Mortgage, this Agreement and the Promissory Notes described in this Section 7.4.
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Pledge and Assignment to Trustee. The Authority has previously pledged and assigned to the Trustee under the Existing Indenture all the Authority’s right, title, and interest in and to the Existing Project Contract, the Mortgage, as previously amended and supplemented, [the Series 2009 Mortgage Note,] and the Series 2013 Mortgage Note (except for rights, privileges and remedies specifically reserved therein by the Authority). Simultaneously with the delivery of this Fifth Supplemental Project Contract, the Authority shall pledge and assign to the Trustee under the Indenture all of the Authority’s right, title, and interest in and to the Series 2020 Mortgage Note, the Mortgage as further amended and supplemented by the Fifth Amendment to Mortgage, this Fifth Supplemental Project Contract, and all the Authority’s rights to receive payments thereunder and hereunder; provided, however, that the Authority reserves the right to enforce in its own name and for its own account (i) the rights, privileges, and remedies specifically reserved by the Authority under the Existing Project Contract, the Mortgage, [the Series 2009 Bond Purchase Agreement,] and the Series 2013 Bond Purchase Agreement and (ii) the obligations of the Project Owner set forth in Section 6.01 of this Fifth Supplemental Project Contract and Section
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Pledge and Assignment to Trustee. Pursuant to the Indenture, the Issuer shall pledge and assign to the Trustee as security for the Bonds all of the Issuer's right, title and interest in this Lease Agreement (except for the Issuer's Unassigned Rights), including all rental payments hereunder and thereunder, and, in furtherance of said pledge, the Issuer will unconditionally assign such rental payments to the Trustee for deposit in accordance with the Indenture. The Institution hereby consents to the above described pledge and assignment of this Lease Agreement.
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Pledge and Assignment to Trustee. As security for the payment of the Bonds and the obligations of the Company under the Security Documents, the Issuer shall pledge and assign to the Trustee pursuant to the Indenture all of the Issuer’s right, title and interest in the Promissory Note and all (except for the Issuer’s Reserved Rights) of the Issuer’s right, title and interest in this Agreement, including all loan payments hereunder and under the Promissory Note, and in furtherance of said pledge the Issuer will unconditionally assign such loan payments to the Trustee for deposit in the Bond Fund in accordance with the Indenture. The Company consents to the pledge and assignment of this Agreement and the Promissory Note described in this Section 6.3.
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Related to Pledge and Assignment to Trustee

  • Assignment to Trustee The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Issuer to the Trustee pursuant to the Indenture for the benefit of the Noteholders of all right, title and interest of the Issuer in, to and under the Receivables and/or the assignment of any or all of the Issuer's rights and obligations hereunder to the Trustee.

  • Succession and Assignment This Agreement shall be binding upon and inure to the benefit of the Parties named herein and their respective successors and permitted assigns. No Party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other Party.

  • CESSION AND ASSIGNMENT The Service Provider shall not cede, assign, abandon or transfer any of its rights and/or obligations in terms of this Agreement (whether in part or in whole) or delegate any of its obligations in terms of this Agreement, without the prior written consent of the Fund.

  • Transfer and Assignment of Interests With the exception of transfers between family members, stated in 6.3, Members who wish to transfer, assign, convey or sell their Membership Interest must obtain unanimous written approval from the other Members. The other Members may approve or reject this request in their sole discretion.

  • Delegation and Assignment 21 In the performance of this Agreement, CONTRACTOR may neither 22 delegate its duties or obligations nor assign its rights, either in whole or 23 in part, without the prior written consent of COUNTY. Any attempted 24 delegation or assignment without prior written consent shall be void. The

  • SUBCONTRACT AND ASSIGNMENT This Agreement binds the heirs, successors, assigns and representatives of the Contractor. The Contractor shall not enter into subcontracts for any work contemplated under this Agreement and shall not assign this Agreement or monies due or to become due, without the prior written consent of the General Manager of the Agency or his designee, subject to any required state or federal approval. (Note: list any subcontractors here)

  • Successors and Assigns; Assignment of Servicing Agreement This Agreement shall bind and inure to the benefit of and be enforceable by the Servicer, the Seller, the NIMS Insurer and the Master Servicer and their respective successors and assigns. This Agreement shall not be assigned, pledged or hypothecated by the Servicer to a third party except in accordance with Section 7.03 and shall not be assigned, pledged or hypothecated by the Seller without the prior written consent of the NIMS Insurer except as to the extent provided in Section 9.12.

  • Transfer and Assignment Party A may assign or transfer any of its rights or delegate any of its duties hereunder to any Affiliate of Party A that has a long-term issuer rating or a rating for its long term, unsecured and unsubordinated indebtedness that is equal to or better than Party A’s credit rating at the time of such assignment or transfer so long as (a) such assignee or transferee is organized under the laws of the United States or any State thereof; (b) Party B will not be required to pay to such assignee or transferee an amount in respect of an Indemnifiable Tax under Section 2(d)(i)(4) of the Agreement greater than the amount in respect of which Party B would have been required to pay Party A in the absence of such assignment or transfer; (c) Party B will not receive a payment from which an amount has been withheld or deducted on account of a Tax under Section 2(d)(i) of the Agreement in excess of that which Party A would have been required to so withhold or deduct in the absence of such assignment or transfer, unless Party A would be required to pay to Party B amounts under Section 2(d)(i)(4) of the Agreement in respect of such Tax; and (d) no Event of Default, Potential Event of Default, Termination Event, Potential Adjustment Event or Acceleration Event will occur as a result of such assignment or transfer. Notwithstanding any other provision in this Confirmation to the contrary requiring or allowing Party A to purchase, sell, receive or deliver any Shares or other securities to or from Party B, Party A may designate any of its Affiliates to purchase, sell, receive or deliver such Shares or other securities and otherwise to perform Party A’s obligations in respect of the Transaction and any such designee may assume such obligations. Party A shall be discharged of its obligations to Party B to the extent of any such performance.

  • Variation and Assignment No variation of this agreement shall be valid or effective unless it is in writing. We may amend this TOBA by sending you either a notice of amendment in writing or a revised TOBA. We are entitled to assign this TOBA to any other Affiliate for so long as such company remains an Affiliate.

  • Successors and Assigns; Assignment of Agreement This Agreement shall bind and inure to the benefit of and be enforceable by the Primary Servicer and the Master Servicer and the respective successors and assigns of the Primary Servicer and the Master Servicer. This Agreement shall not be assigned, pledged or hypothecated by the Primary Servicer to a third party except as otherwise specifically provided for herein. If the Master Servicer shall for any reason no longer act in such capacity under the Pooling and Servicing Agreement (including, by reason of Servicer Termination Event), any successor to the Master Servicer under Pooling and Servicing Agreement (including the Trustee if the Trustee has become such successor pursuant to Section 7.02 of the Pooling and Servicing Agreement) may thereupon assume all of the rights and, except to the extent they arose prior to the date of assumption, obligations of the Master Servicer under this Agreement.

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