ACKNOWLEDGEMENT OF NOTICE OF CHARGE AND ASSIGNMENT Clause Samples

The 'Acknowledgement of Notice of Charge and Assignment' clause serves to formally confirm that a party has received notification regarding the assignment of rights or interests, often related to a financial charge or security interest, from one party to another. In practice, this clause typically requires the recipient to acknowledge in writing that they are aware of the assignment and to recognize the new party's rights, such as a lender or assignee, under the relevant agreement. Its core function is to ensure that all parties are aware of and agree to the change in rights or obligations, thereby preventing disputes about the validity or effectiveness of the assignment.
ACKNOWLEDGEMENT OF NOTICE OF CHARGE AND ASSIGNMENT. To: Brass No.5 PLC c/o Wilmington Trust SP Services (London) Limited Third Floor, 1 King’s Arms Yard London EC2R 7AF (the Issuer) For the attention of: The Directors [] 2016 Dear Sirs, Swap Collateral Account Number 732649-01 (sort code: 40-50-81) (the Swap Collateral Account) We acknowledge receipt of your letter dated [] 2016 (the Letter). Words and expressions defined in the Letter have the same meanings herein. In consideration of your agreeing to maintain the Swap Collateral Account with us, we now agree and confirm to the Security Trustee that for so long as the instructions in the Letter are not revoked (by operation of law or otherwise) we accept and will comply with the authorisations and instructions contained in the Letter and will not accept or act upon any instructions contrary thereto unless the same shall be in writing signed by the Security Trustee. We confirm that any additional swap collateral account you as Issuer open with us will be operated subject to and in accordance with the terms of the Swap Collateral Account Bank Agreement. This acknowledgement and any non-contractual obligations arising out of or in connection with it are governed by, and construed in accordance with, the laws of England. Yours faithfully, for and on behalf of
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ACKNOWLEDGEMENT OF NOTICE OF CHARGE AND ASSIGNMENT. To: CMF 2024-1 PLC
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ACKNOWLEDGEMENT OF NOTICE OF CHARGE AND ASSIGNMENT. To: Brass No.9 PLC
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ACKNOWLEDGEMENT OF NOTICE OF CHARGE AND ASSIGNMENT. To: Brass No.10 PLC c/o Wilmington Trust SP Services (London) Limited Third Floor, 1 King’s Arms Yard London EC2R 7AF (the Issuer) For the attention of: The Directors [⚫] May 2021 Dear Sir or Madam,
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ACKNOWLEDGEMENT OF NOTICE OF CHARGE AND ASSIGNMENT. To: ▇▇▇ Recovery DAC (the Issuer) For the attention of: The Directors Dear Sirs, (the Issuer Transaction Account) We acknowledge receipt of your letter dated on or about the date hereof, a copy of which is attached (the In consideration of your agreeing to maintain the Issuer Transaction Account with us, we now agree and confirm to the Security Trustee that for so long as the instructions in the Letter are not revoked (by operation of law or otherwise), we accept and will comply with the authorisations and instructions contained in the Letter and will not accept or act upon any instructions contrary thereto unless the same shall be in writing signed by the Security Trustee. We confirm that any additional Issuer Account you as Issuer open with us will be operated subject to and in accordance with the terms of the Bank Account Agreement. This acknowledgement and any non-contractual obligations arising out of or in connection with it are governed by, and construed in accordance with, the laws of England. Yours faithfully, for and on behalf of Eurobank, S.A. Account Bank Eurobank, S.A. ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇ ▇▇▇▇▇▇ (as Account Bank) For the attention of the Specialised Agency Group [DATE] We refer to the account bank agreement dated on or about 13 July 2020 between, among others, ▇▇▇ Recovery DAC as Issuer and Eurobank, S.A. as Account Bank (the Bank Account Agreement). Words and expressions used in this Payment Instruction shall have the same meanings as in the Bank Account Agreement. This Payment Instruction is being provided to you in accordance with Clause 4 (Payments) of the Bank Account Agreement. You are instructed to pay the following amount[s] from the [Account [●], sort code [●], swift [●] to: (a) [Correspondent Bank] [SWIFT Code]/[IBAN number] (b) [Beneficiary Bank] [SWIFT Code/[IBAN number]] (c) [Account Name] (d) [Account Number] (e) [Ref.] Amount: [in words] Currency: [] This Payment Instruction and any non-contractual obligations arising out of or in connection with it shall be governed by English law. Yours sincerely, [Issuer/Cash Manager] By: .......................................... Eurobank, S.A. ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇ ▇▇▇▇▇▇ (as Account Bank) For the attention of [] Email: [] [DATE] We refer to the agreement dated 13 July 2020 between, among others, ▇▇▇ Recovery DAC as the Issuer and Eurobank, S.A. as Account Bank (the Bank Account Agreement). Words and expressions used in this Investment Instruction shall have the same ...
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Related to ACKNOWLEDGEMENT OF NOTICE OF CHARGE AND ASSIGNMENT

  • ACKNOWLEDGEMENT AND CONSENT The Company is a party to the Company Collateral Documents, in each case as amended through the date hereof, pursuant to which the Company has created Liens in favor of the Agent on certain Collateral to secure the Obligations. The Parent Guarantor is a party to the Parent Collateral Documents, in each case as amended through the date hereof, pursuant to which the Parent Guarantor has created Liens in favor of the Agent on certain Collateral and pledged certain Collateral to the Agent to secure the Obligations of the Parent Guarantor. Certain Subsidiaries of the Company are parties to the Subsidiary Guaranty and/or one or more of the Subsidiary Collateral Documents, in each case as amended through the date hereof, pursuant to which such Subsidiaries have (i) guarantied the Obligations and/or (ii) created Liens in favor of the Agent on certain Collateral. The Company, the Parent Guarantor and such Subsidiaries are collectively referred to herein as the "Credit Support Parties", and the Company Collateral Documents, the Parent Collateral Documents, the Subsidiary Guaranty and the Subsidiary Collateral Documents are collectively referred to herein as the "Credit Support Documents". Each Credit Support Party hereby acknowledges that it has reviewed the terms and provisions of the Credit Agreement as amended by this Amendment and consents to the amendment of the Credit Agreement effected as of the date hereof pursuant to this Amendment. Each Credit Support Party acknowledges and agrees that any of the Credit Support Documents to which it is a party or otherwise bound shall continue in full force and effect. Each Credit Support Party hereby confirms that each Credit Support Document to which it is a party or otherwise bound and all Collateral encumbered thereby will continue to guaranty or secure, as the case may be, the payment and performance of all obligations guaranteed or secured thereby, as the case may be. Each Credit Support Party (other than the Company and the Parent Guarantor) acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Credit Support Party is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Credit Support Party to any future amendments to the Credit Agreement.

  • Acknowledgement and Waiver 6.1 The Subscriber has acknowledged that the decision to purchase the Shares was solely made on the Company Information. The Subscriber hereby waives, to the fullest extent permitted by law, any rights of withdrawal, rescission or compensation for damages to which the Subscriber might be entitled in connection with the distribution of any of the Shares.

  • Acknowledgement of Receipt I acknowledge that I have received the Dog into my possession.

  • Acknowledgement and Consent to Bail In of EEA Financial Institutions. Solely to the extent any Lender or L/C Issuer that is an EEA Financial Institution is a party to this Agreement and notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Lender or L/C Issuer that is an EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by: (a) the application of any Write-Down and Conversion Powers by an EEA Resolution Authority to any such liabilities arising hereunder which may be payable to it by any Lender or L/C Issuer that is an EEA Financial Institution; and (b) the effects of any Bail-In Action on any such liability, including, if applicable: (i) a reduction in full or in part or cancellation of any such liability; (ii) a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such EEA Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other Loan Document; or (iii) the variation of the terms of such liability in connection with the exercise of the write-down and conversion powers of any EEA Resolution Authority.

  • Assignment, Etc The Holder may assign or transfer this Note to any transferee at its sole discretion. This Note shall be binding upon the Company and its successors and shall inure to the benefit of the Holder and its successors and permitted assigns.