Examples of Assigned Rights in a sentence
The Assignor irrevocably and unconditionally waives in favour of the Assignee all and any moral or equivalent rights which the Assignor may now or at any time hereafter possess in relation to the Assigned Rights.
The Assignor shall, upon delivery from the Security Trustee of an Acceleration Notice, ensure that all money payable to, or other property receivable by, the Assignor under or in relation to any Assigned Rights is paid or delivered to, or to the order of, the Security Trustee (or that the Assignor pays over or delivers such amounts to the, or to the order of, Security Trustee) to be applied in accordance with the Bond Documentation.
No prior security held by the Security Trustee over the whole or any part of the Assigned Rights shall merge in the security created by this deed.
Until the Security Trustee serves a notice on the Assignor to the contrary, the Assignor shall be entitled to exercise all its rights in the Assigned Rights, subject to the other provisions of this deed.
Insofar as the Assigned Rights do not, for whatever reason, vest under this Agreement, the Assignor acknowledges and agrees that it holds legal title in the Assigned Rights on trust for the Assignee.