Conditions of Assignment Sample Clauses
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Conditions of Assignment. If Tenant desires to assign or sublet all or any part of the Premises, it shall so notify Landlord at least thirty (30) days in advance of the date on which Tenant desires to make such assignment or sublease. Tenant shall provide Landlord with a copy of the proposed assignment or sublease and such information as Landlord might request concerning the proposed sublessee or assignee to allow Landlord to make informed judgments as to the financial condition, reputation, operations and general desirability of the proposed sublessee or assignee. Within fifteen (15) days after Landlord's receipt of Tenant's proposed assignment or sublease and all required information concerning the proposed sublease or assignee, Landlord shall have the following options:
(1) consent to the proposed assignment or sublease, and, if the rent due and payable by any assignee or sublessee under any such permitted assignment or sublease (or a combination of the rent payable under such assignment or sublease plus any bonus or any other consideration or any payment incident thereto) exceeds the rent payable under this Lease for such space, Tenant shall pay to Landlord all such excess rent and other excess consideration within ten (10) days following receipt thereof by Tenant; or (2) refuse, with reasonable judgement, to consent to the proposed assignment or sublease, which refusal shall be deemed to have been exercised unless Landlord gives Tenant written notice providing otherwise. Upon the occurrence of an event of default, if all or any part of the Premises are then assigned or sublet, Landlord, in addition to any other remedies provided by this Lease or provided by law, may, at its option, collect directly from the assignee or sublessee all rents becoming due to Tenant by reason of the assignment or sublease, and Landlord shall have a security interest in all properties on the Premises to secure payment of such sums. Any collection directly by Landlord from the assignee or sublessee shall not be construed to constitute a novation or a release of Tenant or any guarantor from the further performance of its obligations under this Lease.
Conditions of Assignment. In order to induce REDC to consent to the assignment of the Grants as set forth herein, Assignor and Assignee hereby acknowledge, agree and stipulate as follows, for the benefit of each other and REDC:
(a) Prior to the date that this Assignment is entered into, REDC has made payments of the Grants directly to Assignee in the following amounts: (i) the first three installments of the Site Development Grant, totaling $450,000.00, and (ii) the first installment of the Tax Base Incentive Grant, in the amount of $150,000.00. Assignee acknowledges receipt of all the foregoing payments, and Assignor disclaims any and all interest in all such amounts.
(b) Assignor hereby directs that REDC make all future payments of the Grants that are payable under the terms and conditions of the Agreement directly to Assignee at such time as such amounts are due and payable under the Agreement.
(c) Assignee shall be jointly and severally liable to REDC for any repayment of the Grants (or any portion thereof) that is required under the terms of the Agreement, together with any interest accrued thereon pursuant to the terms of the Agreement.
(d) The payment of the Grants (or portions thereof) by REDC, and Assignee’s rights to receive and use the same, are subject to all terms and conditions of the Agreement (including but not limited to the satisfaction of all conditions precedent to any such payment).
(e) Assignee’s right to receive payment of the Grants pursuant to this Assignment is the extent of Assignee’s rights pertaining to the Agreement and the Grants.
(f) The Land Acquisition Incentive and the City Fee Grant (i) are not a part of this Assignment, (ii) have not been previously assigned by Assignor to Assignee or any other party, and (iii) have been paid in full by REDC and received by Assignor (or, in the case of the City Fee Grant, paid by REDC to the City on Assignor’s behalf) prior to the date of this Assignment.
Conditions of Assignment. No later than thirty (30) days prior to any assignment of this Agreement all of the following terms and conditions shall be met and if they are not then this Agreement and any assignment thereof will be considered null and void with no further notice from The Regents.
Conditions of Assignment. Prior to any assignment, the following conditions must be met:
(A) Company must give Stanford [***] prior written notice of the assignment, including the new assignee's contact information; and
(B) the new assignee must agree in writing to Stanford to be bound by this Agreement; and
(C) Stanford must have received a [***] assignment fee.
Conditions of Assignment. If Lessee desires to assign or sublet all or any part of the leased premises, it shall so notify Lessor at least thirty days in advance of the date on which Lessee desires to make such assignment or sublease. Lessee shall provide Lessor with a copy of the proposed assignment or sublease and such information as Lessor might request concerning the proposed sublessee or assignee to allow Lessor to make informed judgments as to the financial condition, reputation, operations and general desirability of the proposed sublessee or assignee. Within five (5) days after Lessor's receipt of Lessee's proposed assignment of sublease and all required information concerning the proposed sublessee or assignee, Lessor shall have the following options:
(1) cancel this Lease as to the leased premises or portion thereof proposed to be assigned or sublet; (2) consent to the proposed assignment or sublease, and, if the rent due and payable by any assignee or sublessee under any such permitted assignment or sublease (or a combination of the rent payable under such assignment or sublease plus any bonus or any other consideration or any payment incident thereto) exceeds the rent payable under this Lease for such space, Lessee shall pay to Lessor all such excess rent and other excess consideration within ten days following receipt thereof by Lessee: or (3) refuse, in its sole and absolute discretion and judgment, to consent to the proposed assignment or sublease; Lessor will give Lessee written notice of refusal within ten (10) days after receipt of all documentation. Upon the occurrence of an event of default, if all or any part of the leased premises are then assigned or sublet, Lessor in addition to any other remedies provided by this Lease or provided by law, may, at its option, collect directly from the assignee or sublessee all rents becoming due to Lessee by reason of the assignment or sublease, and Lessor shall have a security interest in all properties on the leased premises to secure payment of such sums. Any collection directly by Lessor from the assignee or sublessee shall not be construed to constitute a novation or a release of Lessee or any guarantor from the further performance of its obligations under this Lease.
Conditions of Assignment. Unless and until an Event of Default shall have occurred and be continuing under the Indenture, the Assignor shall be entitled to exercise all its rights and remedies under the Collateral (subject to the provisions of this Assignment) in all respects as if this Assignment had not been made. All proceeds of insurances shall be applied as set forth in the Indenture and the Ship Mortgage.
Conditions of Assignment. No such assignment shall be valid until and unless the following occur:
Conditions of Assignment may assign this Agreement upon prior and complete performance of the following conditions:
(A) must give Stanford written notice of the assignment within 5 business days, including the new assignee’s contact information; and
(B) the new assignee must agree in writing to Stanford to be bound by this Agreement; and
(C) Stanford must have received the full Change of Control/Assignment Fee.
Conditions of Assignment. Unless and until an Event of Default shall have occurred and be continuing under a Ship Mortgage covering such Vessel given by such Assignor to the Assignee, as collateral agent and mortgagee, such Assignor shall be entitled to exercise all its rights under the Insurances (subject to the provisions of the First Assignment, the Second Assignment and this Assignment) in all respects as if this Assignment had not been made.
Conditions of Assignment. A. The University does not discriminate on the basis of race, religion, color, national origin, age, sex, sexual orientation, gender identity, height, weight, genetic information, marital status, disability, or veteran status in the assignment of campus housing.
B. Submission of this contract does not guarantee accommodations in the residence halls. Should the University have more applicants than it has regular spaces and rooms available, it reserves the right to assign applicants without prior notice to temporary accommodations as provided below until regular accommodations become available.
C. Students do not have a residence hall room assignment until notified. The University reserves the right to fill vacancies and make and adjust room assignments as necessary.
D. When the demand for housing exceeds the number of regular accommodations available, students are assigned to converted accommodations. Converted accommodations are regular student rooms with one additional resident assigned over the normal capacity (i.e., three residents to a regular two-person room, etc.). A reduced rate will be charged while the resident is in converted status. Students in converted rooms will be assigned to regular accommodations as vacancies occur.
▇. ▇▇▇▇▇▇▇ to occupy your assigned room before the end of the first day of regular instruction in any semester without giving prior notice of delayed arrival may result in the loss of assigned accommodations. Such loss of assigned accommodations shall not relieve the student of the responsibility to accept other available residence hall accommodations.