Examples of Xxxxxxxx Assignment in a sentence
At no time during the period between initial funding of the Loans under this Agreement and the consummation of the Xxxxxxxx Assignment shall the Initial Borrower be deemed to have Incurred the Existing Intelsat Notes.
Upon consummation of the Xxxxxxxx Assignment, all Indebtedness of Intelsat Bermuda and its Restricted Subsidiaries outstanding on the Closing Date (other than Indebtedness described in clauses (i) and (ii) of Section 10.1(b)) shall be deemed to have been Incurred pursuant to Section 10.1(b)(iii).
Xxxxxxxx shall have personal liability for any failure to fulfill the Xxxxxxxx Assignment obligation.
Xxxxxxxx Assignment of Mortgage: Document No. 129878 Mortgage: Document No. 112531 (as modified in Doc.
STK Acquisition, LLC shall have executed and delivered the Xxxxxxxx Assignment and Assumption Agreement.
This Amendment shall be governed by and construed in accordance with the laws of the State of New York and the laws of the State of Illinois as provided in the Xxxxxxxx Assignment of Leases.
Unless and until a successor is appointed by MD Xxxxxxxx, the MD Xxxxxxxx Assignment Representative will be: Name: Xxxxx Xxxxxx, Associate Vice President Facilities Planning, Design and Construction Address:6900 Xxxxxx, Xxxxx XXX00.0000 Xxxxxxx, XX 00000 Tel.
The Overriding Royalty Interest hereby conveyed is proportionately reduced to the leasehold interest owned by Assignor in the Xxxxxxxx Assignment, so that if, for example, the Assignor owns an undivided forty percent (40%) interest leasehold estates out of which this Overriding Royalty Interest is being conveyed, then the Overriding Royalty Interest is forty percent (40%) of two percent of eight eighths (40% of 2% of 8/8), or a decimal interest of .008 of net revenue.
STK Acquisition, LLC shall have assumed all of the rights of the Xxxxxxxx Trust as lender, under the Xxxxxxxx Loan Agreement pursuant to the Xxxxxxxx Assignment and Assumption Agreement.
Except as specifically amended above, (a) the Loan Agreement, the Xxxxxxxx Assignment of Leases and the other Loan Documents shall remain in full force and effect and are hereby ratified and affirmed and (b) the execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power, or remedy of Assignee, nor constitute a waiver of any provision of the Loan Agreement, the Xxxxxxxx Assignment of Leases or any other Loan Document.