Common use of Assignment of Deed Company Claims Clause in Contracts

Assignment of Deed Company Claims. (a) At the time specified in the Restructuring Implementation Deed, each Demand Creditor irrevocably and unconditionally assigns all of its rights, title and interests in their Deed Company Claim(s) to Holdco in exchange for the rights and interests granted to it pursuant to clauses 8 (Entitlements) and 9 (Distribution of entitlements) of the LTD DOCA. (b) The Deed Company hereby consents to the assignment referred to in Clause 10.2(a).

Appears in 20 contracts

Sources: Deed of Company Arrangement, Deed of Company Arrangement, Deed of Company Arrangement

Assignment of Deed Company Claims. (a) At the time specified in the Restructuring Implementation Deed, each Demand Creditor irrevocably and unconditionally assigns all of its rights, title and interests in their Deed Company Claim(s) to Holdco in exchange for the rights and interests granted to it pursuant to clauses 8 (Entitlements) and 9 (Distribution of entitlements) of the LTD DOCA.DOCA.‌ (b) The Deed Company hereby consents to the assignment referred to in Clause 10.2(a).

Appears in 2 contracts

Sources: Deed of Company Arrangement, Deed of Company Arrangement