Common use of Requirements for valid assignment Clause in Contracts

Requirements for valid assignment. The Assignee acknowledges that any further assignment of the claims assigned herewith shall be subject to the limitation and formalities of § 11 of the Loan Agreement and in order to be effective needs to be notified to the Registrar in the same manner as this assignment.

Requirements for valid assignment. The Assignee acknowledges that any further assignment of the claims assigned herewith shall be subject to the limitation and formalities of § 11 Clause 10 of the Loan Agreement and in order to be effective needs to be notified to the Registrar Paying Agent in the same manner as this assignment.