Common use of By Assignor Clause in Contracts

By Assignor. The Assignor hereby represents, warrants and covenants to the Assignee that, 2.1.1. the Assignor has not heretofore assigned, transferred, or encumbered any or all, of its rights under the provisions of the Agreement; and 2.1.2. as of the date of this Assignment. the Assignor has paid to Baylor Forty-eight Thousand Dollars ($48,000) and shall remit the balance of the amount it owes Baylor promptly after the execution of this Assignment.