Continuing Assignment Clause Samples

A Continuing Assignment clause establishes that certain rights, interests, or obligations—often related to assets, intellectual property, or contractual benefits—are assigned on an ongoing basis rather than as a one-time transfer. In practice, this means that as new assets or rights are acquired or come into existence during the term of the agreement, they are automatically included in the assignment without the need for additional documentation. This clause ensures that the assignee consistently receives the benefit of all relevant assets or rights, solving the problem of having to repeatedly execute new assignments for each subsequent acquisition.
POPULAR SAMPLE Copied 1 times
Continuing Assignment. This Collateral Assignment shall --------------------- remain in full force and effect and shall be binding on the Assignee, its successors and assigns until all present and future Obligations of the Assignor to the Assignee have been satisfied in full.
View Source
Continuing Assignment. The pledge and assignment embodied in this Agreement (the “Assignment”) shall continue in full force and effect during the term of the Credit Card Agreement and the Visa Card Account and until such time as all outstanding Obligations have been fully paid and satisfied. The Bank is irrevocably authorized, without the consent of or notice to the Pledgor, to extend, renew and redeposit automatically the Collateral at the termination of each time period for such term(s) and under such conditions as the Bank deems appropriate, in its sole discretion, until such time as all Obligations to the Bank are repaid in full.
View SourceView Similar (2)
Continuing Assignment. This Agreement shall create a continuing assignment of, Lien on and security interest in each and all of the Collateral and shall (a) remain in full force and effect until the Termination Date; (b) be binding upon Pledgor, its successors and permitted assigns, as applicable, and (c) inure to the benefit of Pledgee and its successors, transferees and assigns. Pledgor may not assign or transfer any or all of its rights and obligations hereunder without the express written consent of Pledgee.
View SourceView Similar (2)
Continuing Assignment and Security Interest; [for Project Owners only: Transfer of Guaranty]............................................................................................... 9 15.
View Source
Continuing Assignment. Assignor’s transfer of any Claims data to Assignee in accordance with Section 2.1, constitutes Assignor’s affirmative election to assign, and to continue to assign, to Assignee all causes of action and Claims reimbursement and recovery rights arising from said transferred Claims data, shall constitute the grant, assignment, and conveyance of all right, title, and interest in and to the Claims identified or arising from the Assignor’s transferred data, and shall constitute Assigned Claims.
View Source

Related to Continuing Assignment

  • Shift Assignment Should the University elect to establish a shift on any other schedule than the regular day shift (Monday through Friday) or to assign employees to work on any such shift, the employee(s) with the most seniority in the classification affected or to be assigned on such shift shall have preference in moving to such shift. If an insufficient number of employees in the classification elect to move to such shift, then the employee(s) with the least seniority in the classification shall be assigned to such shift. If positions or shifts are reduced or eliminated or movement of personnel to other shifts is required, then the seniority of the affected employee will prevail in the selection of shift, provided the affected employee can do the required work. Such shift preference is only applicable within the employee's classification.

  • Subletting Assignment Check the appropriate box to allow or deny the tenant to sublet the dwelling unit. If a landlord is allowing the tenant to sublet, it is important to indicate the number of days the tenant must notify the landlord of the subtenant’s contact information.

  • Non-Assignment PROVIDER shall neither assign its rights nor delegate its duties under this Agreement without the prior written consent of A&M System.

  • SUBLET/ASSIGNMENT The Lessee may not transfer or assign this Lease, or any right or interest hereunder or sublet said leased Premises or any part thereof without first obtaining the prior written consent and approval of the Lessor.

  • Continuing Security Interest; Assignment This Agreement shall create a continuing security interest in the Pledged Collateral and shall (i) be binding upon the Pledgors, their respective successors and assigns and (ii) inure, together with the rights and remedies of the Collateral Agent hereunder, to the benefit of the Collateral Agent and the other Secured Parties and each of their respective successors, transferees and assigns. No other persons (including any other creditor of any Pledgor) shall have any interest herein or any right or benefit with respect hereto. Without limiting the generality of the foregoing clause (ii), any Secured Party may assign or otherwise transfer any indebtedness held by it secured by this Agreement to any other person, and such other person shall thereupon become vested with all the benefits in respect thereof granted to such Secured Party, herein or otherwise, subject however, to the provisions of the Indenture. Each of the Pledgors agrees that its obligations hereunder and the security interest created hereunder shall continue to be effective or be reinstated, as applicable, if at any time payment, or any part thereof, of all or any part of the Secured Obligations is rescinded or must otherwise be restored by the Secured Party upon the bankruptcy or reorganization of any Pledgor or otherwise.