Common use of Acknowledgement of Assignment Clause in Contracts

Acknowledgement of Assignment. Party A hereby acknowledges and consents to Party’s assignment to the Collateral Agent, for the benefit of the Noteholders under the Indenture, of Party B’s rights hereunder, including the right to enforce Party A’s obligations hereunder.

Acknowledgement of Assignment. Party A hereby acknowledges and consents to Party’s assignment to the Collateral AgentTrustee, for the benefit of the Noteholders secured parties under the Indenture, of Party B’s rights hereunder, including the right to enforce Party A’s obligations hereunder.