Common use of Warranties of Assignor Clause in Contracts

Warranties of Assignor. Assignor hereby warrants as follows: The list of creditors delivered concurrently herewith to the Assignee and as required under California Code of Civil Procedure §1802 is complete and correct as reflected by the books and records of the Assignor, as to the names of Assignor's creditors, their addresses and the amounts due them. Assignor, through its officers and directors, shall perform any and all acts reasonably necessary and proper to assist the assignee in its orderly liquidation of the Assignor's assets, the collection of any and all monies owing the Assignor and in the distribution of said monies and proceeds of asset sales to the Assignor's creditors; provided, however, the officers and directors of Assignor shall only provide such assistance to the Assignee to the extent, and on the condition that, they are reasonably compensated for such services.

Appears in 1 contract

Samples: www.dsiassignments.biz

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Warranties of Assignor. Assignor hereby warrants as follows: The list of creditors (Exhibit A) delivered concurrently herewith to the Assignee and as required under California Code of Civil Procedure §ss. 1802 is complete and correct as reflected by the books and records of the Assignor, as to the names of Assignor's creditors, ,. their addresses and the amounts due them. Assignor, through its officers and directors, shall perform any and all acts reasonably necessary and proper to assist the assignee Assignee in its orderly liquidation of the Assignor's assets, the collection of any and all monies owing the Assignor and in the distribution of said monies and proceeds of asset sales to the Assignor's creditors; providedPROVIDED, howeverHOWEVER, the officers and directors of Assignor shall only provide such assistance to the Assignee to the extent, and on the .the condition that, they are reasonably compensated for such services.

Appears in 1 contract

Samples: Havana Group Inc

Warranties of Assignor. Assignor hereby warrants as follows: The list of creditors delivered concurrently herewith to the Assignee and as required under California Code of Civil Procedure §1802 is complete and correct as reflected by the books and records of the Assignor, as to the names of Assignor's creditors, their addresses and the amounts due them. Assignor, through its officers and directors, shall perform any and all acts reasonably necessary and proper to assist the assignee in its orderly liquidation of the Assignor's assets, the collection of any and all monies owing the Assignor and in the distribution of said General Assignment for the benefit of creditors Re: B&H Education, Inc., a Delaware Corporation Page 8 monies and proceeds of asset sales to the Assignor's creditors; provided, however, the officers and directors of Assignor shall only provide such assistance to the Assignee to the extent, and on the condition that, they are reasonably compensated for such services.

Appears in 1 contract

Samples: Lender Consent Agreement

Warranties of Assignor. Assignor hereby warrants as follows: The list of creditors delivered concurrently herewith to the Assignee and as required under California Code of Civil Procedure §1802 ss.1802 is complete and correct as reflected by the books and records of the Assignor, as to the names of Assignor's creditors, their addresses and the amounts due them. Assignor, through its officers and directors, shall perform any and all acts reasonably necessary and proper to assist the assignee in its orderly liquidation of the Assignor's assets, the collection of any and all monies owing the Assignor and in the distribution of said monies and proceeds of asset sales to the Assignor's creditors; provided, however, the officers and directors of Assignor shall only provide such assistance to the Assignee to the extent, and on the condition that, they are reasonably compensated for such services.

Appears in 1 contract

Samples: Valuestar Corp

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Warranties of Assignor. Assignor hereby warrants as follows: The list of creditors delivered concurrently herewith to the Assignee and as required under California Code of Civil Procedure §1802 is complete and correct as reflected by the books and records of the Assignor, as to the names of Assignor's creditors, their addresses and the amounts due them. Assignor, through its officers and directors, shall perform any and all acts reasonably necessary and proper to assist the assignee in its orderly liquidation of the Assignor's assets, the collection of any and all monies owing the Assignor and in the distribution of said 24549522 monies and proceeds of asset sales to the Assignor's creditors; provided, however, the officers and directors of Assignor shall only provide such assistance to the Assignee to the extent, and on the condition that, they are reasonably compensated for such services.

Appears in 1 contract

Samples: Lender Consent Agreement

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