Examples of Lease Assets Assignment in a sentence
This Lease Assets Assignment is made pursuant to and upon the representations, warranties and agreements on the part of the undersigned contained in the Sale and Contribution Agreement and is to be governed by the Sale and Contribution Agreement.
On the Closing Date, the Seller shall execute and deliver the Lease Assets Assignment to ACOLT.
No failure or delay on the part of ACOLT in exercising any power, right or remedy under this Agreement or the Lease Assets Assignment shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or remedy preclude any other or further exercise thereof or the exercise of any other power, right or remedy.
The Seller shall, at its own expense, on or prior to the Closing Date, indicate in its computer files created in connection with the Lease Assets that the Lease Assets have been sold to ACOLT pursuant to this Agreement and the Lease Assets Assignment and shall deliver to ACOLT the Lease Assets Schedule, certified by an officer of the Seller to be true, correct and complete.
The representations and warranties of ACOLT hereunder shall be true and correct as of the Closing Date with respect to the Lease Assets, and ACOLT shall have performed all obligations to be performed by it hereunder or pursuant to the Lease Assets Assignment on or prior to the closing hereunder.
The provisions of this Agreement and the Lease Assets Assignment are solely for the benefit of the Seller, ACOLT and the ACOLT Interested Parties, and nothing in this Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy or claim in, under, or in respect of this Agreement or any covenants, conditions or provisions contained herein.
The Seller shall authorize and execute, as applicable, and file such financing statements and amendments to financing statements and cause to be authorized and executed, as applicable, and filed such continuation and other statements, all in such manner and in such places as may be required by law fully to preserve, maintain and protect the interest of ACOLT under this Agreement and the Lease Assets Assignment in the Lease Assets and the other Sold Assets, and in the proceeds thereof.
The Seller shall authorize or prepare, as applicable, and file such financing statements and amendments to financing statements and cause to be authorized or prepared, as applicable, and filed such continuation and other statements, all in such manner and in such places as may be required by law fully to preserve, maintain and protect the interest of ACOLT under this Agreement and the Lease Assets Assignment in the Lease Assets and the other Sold Assets, and in the proceeds thereof.
No failure or delay on the part of COLT in exercising any power, right or remedy under this Agreement or the COLT 2005-SN1 Lease Assets Assignment shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or remedy preclude any other or further exercise thereof or the exercise of any other power, right or remedy.
The Seller shall authorize and execute, as applicable, and file such financing statements and cause to be authorized and executed, as applicable, and filed such continuation and other statements, all in such manner and in such places as may be required by law fully to preserve, maintain and protect the interest of COLT under this Agreement and the COLT 2005-SN1 Lease Assets Assignment in the Series 2005-SN1 Lease Assets and the other Sold Assets and in the proceeds thereof.