Common use of Assignment by the Issuer Clause in Contracts

Assignment by the Issuer. The Issuer shall assign its rights under and interest in, and pledge the Revenues including, among other things, Loan Payments received under or pursuant to, this Agreement, along with all of its right, title and interest in, to and under the Note, to the Trustee pursuant to the Indenture and the Note, respectively, as security for payment of the principal of and interest and any premium on the Bonds, and shall not make any further such assignment or pledge except as may be necessary or required to enforce or secure payment of principal of and interest and any premium on the Bonds.

Appears in 2 contracts

Sources: Loan Agreement (First United Ethanol LLC), Loan Agreement (First United Ethanol LLC)

Assignment by the Issuer. The Issuer shall assign its rights under and interest in, and pledge the Revenues including, among other things, Loan Payments received under or pursuant to, this Agreement, except for the Unassigned Rights of Issuer, along with all of its right, title and interest in, to and under the Note, to the Trustee pursuant to the Indenture and the Note, respectively, as security for payment of the principal of and interest and any premium on the Bonds, and shall not make any further such assignment or pledge except as may be necessary or required to enforce or secure payment of principal of and interest and any premium on the Bonds.

Appears in 1 contract

Sources: Loan Agreement (Renewable Energy Group, Inc.)