First General Assignment definition

First General Assignment means a first general assignment dated 15 March 2006 made between the Owner and the First Mortgagee whereby the Owner has assigned to the First Mortgagee the Earnings, the Insurances and any Requisition Compensation (each such term as defined therein) of the Ship;
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First General Assignment means the first priority general assignment dated [7 September 2011] [29 September 2011] [10 June 2011] [19 June 2012] made between the Owner and the First Mortgagee whereby the Owner has assigned to the First Mortgagee the Insurances, any Requisition Compensation and the Earnings (as each such term is defined therein);
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First General Assignment means, in relation to a Vessel, the first priority general assignment creating Security over that Vessel’s Earnings, its Insurances and any Requisition Compensation in relation to that Vessel in agreed form.
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Examples of First General Assignment in a sentence

  • Emancipation Goods and Services (EG&S) is a funding source not to exceed $1500 and are for goods and services youth may need as they become independent of the system while making a safe and successful transition into adulthood.

  • By way of security for payment of the Outstanding Indebtedness the Owner with full title guarantee (but subject to the First General Assignment and subject to the Second General Assignment) hereby assigns and agrees to assign to the Mortgagee absolutely all its rights title and interest in and to the Assigned Property and all its benefits and interests present and future therein.

  • By way of security for payment of the Outstanding Indebtedness the Owner with full title guarantee subject to the First General Assignment hereby assigns and agrees to assign to the Mortgagee absolutely all its rights title and interest in and to the Assigned Property and all its benefits and interests present and future therein.


More Definitions of First General Assignment

First General Assignment means the first priority deed of assignment dated 30 March 2011 made between the Aegean Champion Owner and the Bank whereby the Aegean Champion Owner has assigned to the Bank the Insurances, any Requisition Compensation and the Earnings (as each such term is defined therein) of Aegean Champion;
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First General Assignment means the first priority deed of assignment dated 30 March 2011 made between the Owner and the Mortgagee whereby the Owner has assigned to the Mortgagee the Insurances, any Requisition Compensation and the Earnings (as each such term is defined therein) of the Ship;
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First General Assignment means where appropriate, in respect of each Ship a first priority general assignment collateral to the First Mortgage of such Ship executed by each Owner of that Ship in favour of the First Loan Agent as agent and security trustee on behalf of the First Loan Finance Parties and "First General Assignments" means all of them;
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Related to First General Assignment

  • General Assignment means, in relation to a Ship, a general assignment of the Earnings, the Insurances and any Requisition Compensation in the Agreed Form;

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • First Assignment means: the relevant Assignment; orif, prior to the relevant Assignment:

  • term assignment means, in relation to an employee, i. a term assignment within the meaning of the local collective agreement, or ii. where no such definition exists, a term assignment will be defined as twelve (12) days of continuous employment in one assignment

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent and the Hermes Agent and agreed on the signing hereof and as specified in paragraph 42 of Schedule 4;

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).

  • Charter Assignment means a specific assignment of each Charter and each Extended Employment Contract required to be executed hereunder by the Borrower which is party thereto in favour of the Security Trustee (including any notices and/or acknowledgements and/or undertakings associated therewith) in such form as the Agent and the Majority Lenders may require in their sole discretion;

  • Form of Assignment and Transfer means the “Form of Assignment and Transfer” attached as Attachment 3 to the Form of Note attached hereto as Exhibit A.

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Trademark Assignment Agreement has the meaning set forth in Section 2.01.

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Long Term Supply Assignment means, in relation to an employee,