Common Contracts

2 similar General Assignment for the Benefit of Creditors contracts

GENERAL ASSIGNMENT FOR THE BENEFIT OF CREDITORS
General Assignment for the Benefit of Creditors • October 4th, 2023 • California

between TASCENT, INC., a Delaware corporation, having an office at 475 Alberto Way, Suite 200, Los Gatos, CA 95032, Federal Tax Identification Number 47-2778434, hereinafter referred to as “Assignor”, and TASDIME (ABC), LLC, a Delaware limited liability company, having a

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GENERAL ASSIGNMENT FOR THE BENEFIT OF CREDITORS
General Assignment for the Benefit of Creditors • June 30th, 2022 • California

WHEREAS, Assignor is indebted to various persons, corporations, and other entities and is unable to pay its debts in full, and has decided to discontinue its business, and is desirous of assigning in trust and transferring all of its tangible and intangible property to an assignee for the benefit of creditors under California law so that the property so transferred may be expeditiously liquidated and the proceeds thereof be fairly distributed to its creditors without any preference or priority, except such priority as established and permitted by law (including, without limitation, the law of contracts);

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