Assignee’s Covenants Sample Clauses

Assignee’s Covenants. The Assignee covenants with the Landlord as from the date of the deed of transfer or assignment authorised by this Deed throughout the residue of the Lease Term or until released pursuant to the 1995 Act: 4.1 to pay all moneys payable under the Lease (including any arrears); and 4.2 to perform and observe the tenant’s covenants and conditions in the Lease; and 4.3 if the Guarantee shall end solely as a result of effluxion of time pursuant to the provisions of clause 3(a) of the Guarantee to procure that on or before 29 September 2011 (as to which time shall be of the essence) a guarantee or guarantees on the same terms as the Guarantee (mutatis mutandis) but for the unexpired residue of the Lease Term and in a sum equal to the aggregate of eighteen (18) months’ worth of Principal Rent for the time being payable under the Lease plus an amount equal to VAT at the standard rate for the time being thereon shall be issued in favour of the Landlord by a Clearing Bank; and

Assignee’s Covenants. Assignee covenants to the Successor Entities as follows: (a) Assignee hereby confirms that it: (i) has received a copy of the Plan and Plan Documents; (ii) has read and understood the Plan and Plan Documents; (iii) agrees to assume the Tendered Securities subject to the Plan and Plan Documents and subject to any restrictions, covenants, or limitations imposed thereby, including without limitation any transfer restrictions the Plan and Plan Documents impose on said securities; and (iv) agrees to be bound by the Plan and Plan Documents and adhere to their terms and conditions, as such may apply to Assignee or the Tendered Securities. (b) Assignee agrees that the Tendered Securities may not be transferred, sold, assigned, pledged or otherwise disposed of except pursuant to the terms of the Plan and Plan Documents, and may not be transferred, sold, assigned, pledged or otherwise disposed of for a period of one (1) year from the Effective Date, except to an Affiliate of Assignee. (c) Assignee and its owners covenant not to participate in a Change of Control Transaction for a period of one (1) year from the Effective Date. For purposes of this subsection, a “Change of Control Transaction” means the sale of all or substantially all the assets of an entity; any merger, consolidation or acquisition of an entity with, by or into another corporation, entity or person; or any change in the ownership of more than fifty percent (50%) of the voting interests of an entity in one (1) or more related transactions, except in each case to or with an Affiliate of such entity.

Assignee’s Covenants. (a) The Assignee covenants with the Assignor that: (i) It will at all times during the balance of the Term of the Lease pay the Rent and observe and perform the terms, covenants and conditions contained in the Lease respectively reserved and contained on the part of the tenant therein to be observed and performed. (ii) It will indemnify and save harmless the Assignor from all actions, suits, costs, losses, charges, demands and expenses for and in respect of any such non-payment, non-observance or non-performance. (b) The Assignee hereby covenants and agrees with the Landlord that: (i) It will at all times during the balance of the Term of the Lease pay the Rent reserved by the Lease and all other payments covenanted to be paid by the tenant therein and at the times and in the manner provided for in the Lease, and will observe and perform all of the terms, covenants and conditions contained in the Lease on the part of the tenant therein to be observed and performed as and when the same are required to be observed and performed as provided by the Lease. (ii) It will indemnify and save harmless the Landlord from all actions, suits, costs, losses, charges, demands and expenses for and in respect of any such non-payment or non-observance or non-performance. The Assignee acknowledges that it has received a copy of the executed Lease and is familiar with the terms, covenants and conditions contained therein.

Assignee’s Covenants. (1) The Assignee covenants with the Assignor that: a) It will at all times from and after the Effective Date and for the balance of the Term of the Lease pay the Rent at the times and in the manner provided for in the Lease and observe and perform the terms, covenants and conditions in the Lease to be observed and performed on the part of the Tenant as and when the same are required to be observed and performed under the Lease. b) It will indemnify and save harmless the Assignor from and against any loss, costs, and damages arising out of any non-observance or non-performance of any of the terms, covenants and conditions in the Lease to be observed and performed on the part of the Tenant. c) The Assignee will from time to time hereafter, at the request and cost of the Assignor, promptly execute such further assurances of the Lease as the Assignor reasonably requires. (2) The Assignee covenants with the Landlord that: a) It will at all times from and after the Effective Date and for the balance of the Term of the Lease pay the Rent at the times and in the manner provided for in the Lease, and observe and perform the terms, covenants and conditions in the Lease to be observed and performed on the part of the Tenant as and when the same are required to be observed and performed under the Lease. b) It will indemnify and save harmless the Landlord from and against any loss, costs and damages arising out of any non-observance or non-performance of any of the terms, covenants and conditions in the Lease to be observed and performed on the part of the Tenant. The Assignee acknowledges that it has received a copy of the Lease and is familiar with its terms, covenants and conditions.

Assignee’s Covenants. ​ (a) Assignee hereby confirms that it: (i) has received a copy of the Plan and Plan Documents; (ii) has read and understood the Plan and Plan Documents; (iii) agrees to assume the Tendered Securities subject to the Plan and Plan Documents and subject to any restrictions, covenants, or limitations imposed thereby, including without limitation any transfer restrictions the Plan and Plan Documents impose on said securities; and (iv) agrees to be bound by the Plan and Plan Documents and adhere to their terms and conditions, as such may apply to Assignee or the Securities. ​ (b) Assignee agrees that the Tendered Securities may not be transferred, sold, assigned, pledged or otherwise disposed of except pursuant to the terms of the Plan and Plan Documents, and may not be transferred, sold, assigned, pledged or otherwise disposed of for a period of one year from the Effective Date, except to an Affiliate of Assignee. ​ ​ ​ (c) Assignee and its owners covenant not to participate in a Change of Control Transaction for a period of one year from the Effective Date. For purposes of this subsection, a “

Assignee’s Covenants. (a) The Assignee hereby accepts the foregoing assignment and covenants with the Assignor that the Assignee shall and will from time to time during all of the residue of the term granted by the Master Development Agreement and every renewal thereof, perform the obligations, agreements and covenants on the part of the Assignor contained in the Master Development Agreement to be performed, and indemnify and save harmless the Assignor therefrom and from all actions, suits, costs, losses, charges, damages and expenses for or in respect thereof; provided however that the Assignee shall not be required to perform those obligations set out in clauses of the Master Development Agreement; (b) The Assignee hereby covenants and agrees with the City that:

Assignee’s Covenants. Assignee hereby represents and warrants to, and covenants with Assignor as follows: a. Assignee understands that (a) neither the Assets, nor any interest therein or evidence thereof, has been registered or qualified under the Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or any other jurisdiction, and (b) the Assignor is not required, and does not intend, to so register or qualify the Assets. b. Assignee is a substantial, sophisticated investor having such knowledge and experience in financial and business matters, and in particular in matters relating to the purchase, sale, origination or ownership of notes and loan participations such as the Assets, that it is capable of evaluating the merits and risks of investment in the Assets and understands and is able to bear the economic risks of such an investment (including a total loss of its investment and the risk that Assignee might be required to hold the Assets for an indefinite period of time). c. Assignee is acquiring the Assets for investment, for its own account, and not for or on account of any other person or entity, and not with a view to or for sale in connection with a distribution within the meaning of §5 of the Securities Act. d. Assignee has been furnished with, and has had an opportunity to review and understands, all information relating to the Assets as has been requested and as is considered necessary by Assignee, and has had all questions arising from or relating to such review answered to the satisfaction of Assignee. e. Neither Assignee nor anyone acting on its behalf has (i) offered, transferred, pledged, sold or otherwise disposed of any of the Assets (or any interest therein or evidence thereof), or (ii) solicited any offer to buy or accept a transfer, pledge or other disposition of any of the Assets (or any interest therein or evidence thereof) from, or (iii) otherwise approached or negotiated with respect to any of the Assets (or any other interest therein or evidence thereof) with any person or entity in any manner, or taken any other action that would constitute a distribution under, or render the disposition to Assignee or the disposition by Assignee to any other party of any of the Assets (or any interest therein or evidence thereof) a violation of the Securities Act or of any other securities law or require registration or qualification pursuant thereto, nor will it act, nor has it authorized or will it authorize any person or en...

Assignee’s Covenants. The Assignee covenants with the Landlord that: as from the date of the Assignment until such time as the Assignee is released pursuant to the 1995 Act the Assignee will pay the rents reserved by the Lease and observe and perform the Tenant Covenants; where such Assignment is registrable or results in the Lease being registrable at H.M. Land Registry pursuant to the 2002 Act the Assignee will register the Assignment as soon as reasonably practicable after the date of the Assignment but in any event within two months; within one month of completion of the registration of the Assignment at H.M. Land Registry the Assignee will give to the Landlord notice in writing, together with a certified copy of the Assignment and official copies with title plans of the entries in all registered titles affected. [if at any time, any application is made to H. M. Land Registry to note or register (whether pursuant to Clause [4.1.1] above or otherwise) this Licence, the Lease, or any interests rights or covenants contained in the Lease (or any document supplemental to it), the Assignee agrees that (subject to the Landlord providing completed forms EX1 and EX1A within 10 days of completion of this Licence together with a cheque for the requisite fee) it will submit simultaneously with such application to H.M. Land Registry any applications in forms EX1 and EX1A required by the Landlord] Where the Assignment is registrable or results in the Lease being registrable at H.M. Land Registry pursuant to the 2002 Act, the Assignee agrees that it will (with such assistance from the Landlord as is reasonably required) on the determination of the Term remove any reference to the Lease from the Landlord’s title, and close the title under which the Lease is registered.

Assignee’s Covenants. The Assignee covenants and agrees with the Assignor to perform and observe all covenants, agreements and conditions therein contained in the Collaborative Agreement to be performed and observed by the Assignor.