US Assignment definition
Examples of US Assignment in a sentence
U.S. Assignment of Claims Act: Assignment of Claims Act of 1940, 31 U.S.C. § 3727, 41 U.S.C. § 15, as amended.
Each Borrower irrevocably designates and appoints Agent (and all persons designated by Agent) as such Borrower’s true and lawful attorney in fact to (A) take any action as may be necessary or desirable to complete any such US Assignment on behalf of such Borrower and to direct the payment of the proceeds thereof; and (B) to execute and deliver the US Assignment on behalf of such Borrower.
Each Obligor which has pledged its rights to payment under a contract subject to the U.S. Assignment of Claims Act hereby consents to the Agent's sending of any notices required to comply with the U.S. Assignment of Claims Act in respect of the Agent's security interest in Receivables arising under such contract.
The parties to each such assignment will execute (together with the Agent) and deliver a Canadian Assignment Agreement in the case of an assignment of a Lender’s Commitment in respect of the Canadian Revolving Facility or the LC Facility and a US Assignment Agreement in the case of a Lender’s Commitment in respect of the US Revolving Facility (each, an “Assignment Agreement”) to the Agent and the Agent will deliver such Assignment Agreement to the Borrowers.
However, the Relevant Restructuring Steps, when aggregated with the German Debt Acquisition and the US Assignment pursuant to Rule 14.22 of the Listing Rules, constitute a major transaction of the Company.
In the event of a POZEN Permitted US Assignment, this letter agreement and POZEN’s rights and obligations under the POZEN US Provisions shall be automatically assigned to the assignee of POZEN’s rights and duties under the U.S. License Agreement.
The U.S. Assignment and the Germany Assignment (as such capitalized terms are defined in Section 4.3 of the Shareholder Disclosure Schedule) shall have been executed and delivered.
In addition, this Plan is intended to be a successor plan with respect to certain liabilities on behalf of certain individuals who had deferred compensation accounts under the Nonqualified Deferred Plan for Pillsbury Management and the Pillsbury Deferred Compensation Program for Officers on U.S. Assignment immediately before April 1, 2002, which liabilities were transferred to the General Mills, Inc.
Other expenses Other expenses represented professional and legal expenses related to the German Debt Acquisition and the US Assignment, amounting to HK$27.1 million in this period of 2016.
LISTING RULES IMPLICATIONS Since the German Debt Acquisition and the US Assignment are regarded as financial assistances provided by the Company to Scholz Group, the German Debt Acquisition, the US Assignment and the Relevant Restructuring Steps form a series of transactions which should be treated as if they were one transaction under Rule 14.22 of the Listing Rules.