Sales and Assignments. Holder may assign, sell, securitize, participate, pledge and/or otherwise transfer all or any portion of Holder's right, title and interest in, to and under this Note and/or the Loan Agreement in one or more transactions.
Sales and Assignments. Lender may assign, sell, securitize, participate, pledge and/or otherwise transfer all or any portion of Lender’s right, title and interest in, to and under this Note and/or the other Loan Documents in one or more transactions as set forth in the Loan Documents. Upon the transfer of this Note, Xxxxxx may deliver all the collateral Loan Agreement, granted, pledged or assigned pursuant to the Loan Documents, or any part thereof, to the transferee who shall thereupon become vested with all the rights herein or under legal requirements given to Lender with respect thereto, and Lender shall thereafter forever be relieved and fully discharged from any liability or responsibility in the matter; but Lender shall retain all rights hereby given to it with respect to any liabilities and the collateral not so transferred.
Sales and Assignments. Provided that no Event of Default has occurred and is continuing (except for sales pursuant to clauses (i), (iii), (iv), (vi) or (viii) below which shall be permitted during the continuance of an Event of Default but only so long as the Controlling Parties have provided their written consent thereto pursuant to Section 6.2(a)) and subject to the satisfaction of the conditions specified in this Agreement, including without limitation Sections 5.35, 10.1(b) and 10.1(c), the Borrower or the Servicer may direct the Collateral Agent in writing to sell, and the Collateral Agent shall sell in the manner directed by the Borrower or the Servicer in writing, any Collateral Loan or other loan included in the Collateral (including (x) subject to Section 10.1(b), the sale by participation of all or a portion of the Borrower's interest in any Collateral Loan or other loan and (y) without limitation, the sale by assignment of a portion of the Borrower's interest in any Collateral Loan or other loan); provided that such sale meets the requirements of any one of clauses (i) through (viii) of this Section 10.1(a), each of which requirements shall be satisfied upon receipt by the Collateral Agent of a trade ticket or other direction to sell (which shall be deemed to be a representation and certification from the Borrower or the Servicer that such conditions are satisfied, in accordance with Section 1.3(w) hereunder):
Sales and Assignments. No sale, gift, devise, transfer or assignment of the rights in a burial site or niche shall be valid until the Parish has received notification in writing thereof and has consented thereto by recording the same on its books. Any such sale, gift, devise, transfer or assignment of the rights in a burial site or niche without the written consent of the Parish is considered invalid. The approved sale, gift, devise, transfer or assignment of the rights in burial site or niche that requires issuance of a new Certificate will incur a fee determined by the Parish, which fee must be paid in advance before a new Certificate will be issued.
Sales and Assignments a) Southern Rental shall transfer to IMS certain telephone equipment described in Exhibit "A" attached hereto and incorporated herein by reference pursuant to the attached quit claim bill xx sale attached as Exhibit "B". The consideration for said transfer shall be $448,750 as reflected in the Promissory Note attached hereto as Exhibit "C" to be executed by IMS and cash of $325,075.
Sales and Assignments. Provided that no Event of Default has occurred and is continuing (except for sales pursuant to clauses (i), (iii), (iv) or (vi) below) and subject to the satisfaction of the conditions specified in this Agreement, including without limitation Section 10.1(c), the Borrower or the Collateral Manager may direct the Collateral Agent in writing to sell, and the Collateral Agent shall sell in the manner directed by the Borrower or the Collateral Manager in writing, any Collateral Loan or other loan included in the Collateral (including, without limitation, the sale by assignment of a portion of the Borrower's interest in any Collateral Loan or other loan); provided that such sale meets the requirements of any one of clauses (i) through (vi) of this Section 10.1(a) which the Collateral Agent shall consider satisfied upon receipt by the Collateral Agent of a trade ticket or other direction to sell:
Sales and Assignments. The Shareholder shall not assign or sell this lease or transfer the membership/shareholder certificate appurtenant or any interest therein, and no such assignment or transfer shall take effect as against the Corporation for any purpose, until:
(i) An instrument of assignment in form approved by the Corporation, executed and acknowledged by the /Shareholder (Assignor), shall be delivered to the Corporation; and
(ii) An agreement executed and acknowledged by the Assignee, who shall meet the Shareholder requirements under this lease, in form approved by the Corporation, assuming and agreeing to be bound by all the covenants and conditions of this lease to be performed or complied with by the Shareholder on and after the effective date of said assignment .shall have been delivered to the Corporation, in which case the Shareholder's lease shall be deemed transferred for the balance of the term of the lease as of the effective date of said assignment, and
(iii) The membership/shareholder certificate of the Corporation to which this lease is appurtenant shall have been delivered to the Corporation for cancellation and re-issuance of a certificate in favor of the Assignee, with proper transfer taxes paid and stamps affixed, if any; and
(iv) At the option of the Lessor, subject to the provisions of Paragraph 2.3B, all sums due from the Shareholder shall have been paid to the Corporation, together with a sum fixed by the Directors to cover a screening fee of the Corporation and its management in connection with such assignment and transfer of membership/shareholder certificate, providing same does not exceed One Hundred Dollars ($100.00); and
(v) Except in the case of an assignment, transfer or bequest of the membership/shareholder certificate and this lease to the Shareholder's spouse or adult siblings or parents and, except as otherwise provided in this lease, consent to such assignment shall have been authorized by resolution of the Directors or given in writing by a majority of the Directors.
Sales and Assignments. Each Lender hereby agrees that, with respect to any sale or assignment of such Lender's Interests: (i) no such sale or assignment shall be for an amount of less than the entire amount of such Lender's Interest; (ii) no such sale or assignment shall be made to a financial institution which has less than $1,000,000,000 in stockholders' equity or to a Foreign Lender; (iii) each such sale shall be evidenced by the Assignment and Assumption Agreement described in EXHIBIT E hereto and such other agreements and certifications as Agent may reasonably request, (iv) Agent (and, if no Default exists, the Company) must consent (which consent shall not be unreasonably withheld) to each such sale, and (v) the assigning Lender shall pay to Agent a processing and recordation fee of $3,500 and any reasonable out-of-pocket attorneys' fees and expenses incurred by Agent in connection with any such sale, and (vi) the assigning Lender shall have paid all amounts due hereunder to Agent. After such sale has been consummated (x) the assignee lender thereupon shall become a "Lender" for all purposes of this Agreement and (y) the assigning Lender shall have no further liability for funding any future Loan Commitments assumed by such other Lender, or any future costs and expenses payable by a Lender hereunder, but the assigning Lender shall remain obligated to indemnify the Agent pursuant to the terms hereof as to any matters which arose or accrued prior to the effective date of sale of such Lender's Interest.
Sales and Assignments. Lender may assign, sell, securitize, participate, pledge and/or otherwise transfer all or any portion of Lender’s right, title and interest in, to and under this Note and/or the other Loan Documents in one or more transactions as set forth in the Loan Agreement.
Sales and Assignments. 14.01. Relief of Landlord on Sale -------------------------- If the Landlord sells the Building and Grounds, the Landlord shall be released from all obligations, responsibilities and liabilities under this Lease provided the purchaser in writing, assumes them from the Landlord.
