Security assignments. In connection with any security assignment of this CONTRACT provided to the BUYER’s banks, the BUILDER shall execute and deliver any reasonable acknowledgement of such security provided to it by the BUYER.
Security assignments. The Chargor assigns absolutely, subject to a proviso for re-assignment on redemption, all its title and interest from time to time in the Intra-Group Loans and all Related Rights.
Security assignments. Each Chargor assigns and agrees to assign absolutely (subject to a proviso for reassignment on redemption) all of its present and future right, title and interest in and to:
Security assignments. Each Chargor, with full title guarantee, as security for the payment or discharge of all Secured Sums, assigns and agrees to assign absolutely (subject to a proviso for reassignment on redemption) to the Security Agent (as trustee for the Beneficiaries):
Security assignments. No Member shall collaterally assign, pledge or encumber all or any portion of its Member’s interest as security for the performance of an obligation in a Security Assignment to a party other than a Permitted Assignee without first obtaining the approval of the Managers, and any such action undertaken without such approval shall be null, void and of no force or effect as respects the Company and all other Members. Such approval shall not be unreasonably withheld. However, the Managers shall have the right to require any proposed collateral assignee, pledgee or holder of encumbrance to first (i) specifically acknowledge and agree in writing to honor and attorn to the provisions of Subsections 7.4(a) and 7.4(c) above, (ii) agree in writing to provide the Company and the other Members with written notice of any default in any obligation secured by the Member’s interest contemporaneously with any such notice given to the encumbering Member and (iii) fulfill all required conditions set forth in Sections 7.1, 7.7 and 10.1.
Security assignments. Subject to Clause 8 (Excluded Assets), each Chargor assigns and agrees to assign absolutely as continuing security for the payment and discharge of the Secured Obligations (subject to a proviso for reassignment on redemption) all of its present and future right, title and interest in and to:
