Assignment of Right to Distributions or Payments; Transfers Sample Clauses

The "Assignment of Right to Distributions or Payments; Transfers" clause governs whether and how a party may transfer or assign their rights to receive payments or distributions under an agreement. Typically, this clause outlines any restrictions on such assignments, such as requiring prior written consent from the other party or prohibiting transfers altogether, and may specify exceptions or permitted circumstances. Its core function is to maintain control over who is entitled to receive contractual benefits, thereby preventing unwanted third parties from acquiring rights under the agreement and ensuring the original parties retain oversight over payment obligations.
Assignment of Right to Distributions or Payments; Transfers. The Grantor and any Owner may assign all or any part of their respective rights to receive distributions or payments hereunder, but such assignment shall effect no change in the ownership of the Trust. No Transfer of a beneficial interest in the Trust shall be made by the Grantor, except to an Affiliate or in connection with the sale or disposition of all or substantially all of the Grantor's electric generating business, whether by operation of law or otherwise, and only if prior notice of such assignment is provided to Moody's.
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Assignment of Right to Distributions or Payments; Transfers. The Grantor and any Owner may assign all or any part of their respective rights to receive distributions or payments hereunder, but such assignment shall effect no change in the ownership of the Trust. To the fullest extent permitted by law, no Transfer of a beneficial interest in the Trust shall be made by the Grantor, except to an Affiliate or in connection with the sale or disposition of all or substantially all of the Grantor's gas distribution business, whether by operation of law or otherwise. Prior written notice of any assignment or transfer hereunder shall, unless the Notes have been paid in full, be given by such Grantor or Owner to the Rating Agencies in the manner specified in the Indenture. ARTICLE III
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Related to Assignment of Right to Distributions or Payments; Transfers

  • Allocation of Rights (1) Except as provided in paragraph (c) of this clause, HTFC shall have unlimited rights in: (i) Data first produced in the performance of this contract; (ii) Form, fit, and function data delivered under this contract; (iii) Data delivered under this contract (except for restricted computer software) that constitute manuals or instructional and training material for installation, operation, or routine maintenance and repair of items, components, or processes delivered or furnished for use under this contract; and (iv) All other data delivered under this contract unless provided otherwise for limited rights data or restricted computer software in accordance with paragraph (g) of this clause. (2) The Contractor shall have the right to: (i) Assert copyright in data first produced in the performance of this contract to the extent provided in paragraph (c)(1) of this clause; (ii) Use, release to others, reproduce, distribute, or publish any data first produced or specifically used by the Contractor in the performance of this contract, unless provided otherwise in paragraph (d) of this clause; (iii) Substantiate the use of, add, or correct limited rights, restricted rights, or copyright notices and to take other appropriate action, in accordance with paragraphs (e) and (f) of this clause; and (iv) Protect from unauthorized disclosure and use those data that are limited rights data or restricted computer software to the extent provided in paragraph (g) of this clause.

  • No Right to Distributions in Kind No Partner shall be entitled to demand property other than cash in connection with any distributions by the Partnership.

  • Rights of the Holders to Receive Payment Notwithstanding any other provision of this Indenture, the right of any Holder to receive payment of principal of and interest on the Securities held by such Holder, on or after the respective due dates expressed or provided for in the Securities, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder.

  • Waiver of Liquidation Distributions; Redemption Rights In connection with the Shares purchased pursuant to this Agreement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any distributions by the Company from the trust account which will be established for the benefit of the Company’s public stockholders and into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”), in the event of a liquidation of the Company upon the Company’s failure to timely complete an initial business combination. For purposes of clarity, in the event the Subscriber purchases Shares in the IPO or in the aftermarket, any additional Shares so purchased shall be eligible to receive any liquidating distributions by the Company. However, in no event will the Subscriber have the right to redeem any Shares into funds held in the Trust Account upon the successful completion of an initial business combination.

  • Application of this Revenue Sharing Agreement to Notes The terms of this Revenue Sharing Agreement shall apply to each Note as if the terms of this Revenue Sharing Agreement were fully set forth in each Note.