Common use of Assignment; Rights Reserved Clause in Contracts

Assignment; Rights Reserved. Subject to the provisions of paragraph 3(a) hereof, Assignor does hereby sell, assign, transfer and set over unto Assignee, all of Assignor's rights and interests in and to (i) Clauses 12, 13 and, to the extent relating to acts to be performed following the date of enforcement of this Purchase Agreement Assignment, 17 of the Purchase Agreement (but not any other provision of the Purchase Agreement or any letter agreement referred to therein) as such Clauses relate to the Aircraft (the "Assigned Warranties"), and (ii) the Guaranty as it relates to the Assigned Warranties; reserving to Assignor, however, all of Assignor's rights and interests in and to Clauses 12, 13 and, to the extent relating to acts to be performed following the date of enforcement of this Purchase Agreement Assignment, 17 of the Purchase Agreement and the Guaranty as and to the extent that such Clauses of the Purchase Agreement and the Guaranty relate to aircraft other than the Aircraft and to the extent that the Purchase Agreement and the Guaranty relate to any other matters not directly pertaining to the Aircraft.

Appears in 4 contracts

Sources: Purchase Agreement Assignment (Northwest Airlines Corp), Purchase Agreement Assignment (Northwest Airlines Inc /Mn), Purchase Agreement Assignment (Northwest Airlines Inc /Mn)

Assignment; Rights Reserved. Subject to the provisions of paragraph 3(a) hereof, Assignor does hereby sell, assign, transfer and set over unto Assignee, all of Assignor's rights and interests in and to (i) Clauses 12, 13 and, to the extent relating to acts to be performed following the date of enforcement of this Purchase Agreement Assignment, 17 of the Purchase Agreement (but not any other provision of the Purchase Agreement or any letter agreement referred to therein) as such Clauses relate to the Aircraft (the "Assigned WarrantiesASSIGNED WARRANTIES"), and (ii) the Guaranty as it relates to the Assigned Warranties; reserving to AssignorRESERVING TO ASSIGNOR, howeverHOWEVER, all of Assignor's rights and interests in and to Clauses 12, 13 and, to the extent relating to acts to be performed following the date of enforcement of this Purchase Agreement Assignment, 17 of the Purchase Agreement and the Guaranty as and to the extent that such Clauses of the Purchase Agreement and the Guaranty relate to aircraft other than the Aircraft and to the extent that the Purchase Agreement and the Guaranty relate to any other matters not directly pertaining to the Aircraft.

Appears in 1 contract

Sources: Purchase Agreement Assignment (Northwest Airlines Corp)