Financing Assignment Sample Clauses

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Financing Assignment. (i) Seller, with the prior written consent of Purchaser, which shall not be unreasonably withheld, conditioned, or delayed, may grant a security interest in its rights and obligations under this Agreement to any Financing Party as security for any loan or other investment (in the form of debt, equity, lease financing or otherwise) made to Seller; provided, that no such grant shall relieve Seller of any of its duties, responsibilities, or obligations hereunder. In connection with a request for a financing assignment, Seller shall provide Notice to Purchaser of the name, address, telephone number and email address of any Financing Party to which Seller intends to assign its interest hereunder. Such Notice shall include the name of the Financing Party to whom all written and telephonic communications may be addressed. Seller shall promptly give Purchaser Notice of any change in the information provided in the initial Notice or any revised Notice. (ii) If such financing assignment is approved by Purchaser under Section 14.2(b)(i), the following provisions shall apply: (A) Financing Party shall have the right, but not the obligation, to perform any act required to be performed by Seller under this Agreement to prevent or cure a Seller Event of Default, and such act performed by Financing Party shall be as effective to prevent or cure a default as if done by Seller. (B) Promptly following the receipt of a written request from Seller or any Financing Party, Purchaser shall execute or arrange for the delivery of such certificates, consents and other documents as may be reasonably requested and necessary for Seller to consummate any financing or refinancing and will enter into reasonable agreements, in each case in a form customarily used in such transactions and approved by Purchaser’s Division Counsel, with such Financing Party that provide that Purchaser recognizes the rights of such Financing Party upon foreclosure of Financing Party’s security interest and such other provisions as may be reasonably requested by any such Financing Party; provided, however, that any such consent or agreement shall not constitute an amendment or modification of this Agreement unless Purchaser otherwise agrees in writing, in its sole discretion; and provided, further, that such consent or agreement does not adversely affect, or is not reasonably likely to adversely affect, any of Purchaser’s rights, benefits, risks and/or obligations under this Agreement.
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Financing Assignment. City may assign this Agreement to any City-affiliated entity, including a non- profit corporation or other entity whose primary purpose is to own or manage the Project.
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Financing Assignment. Notwithstanding the requirements of Section 15.1, Seller may assign this BESSA, without the prior consent of PSE to a financing entity for collateral purposes in connection with any financing or refinancing of the Facility; provided, however, that any such collateral assignment will not release or discharge Seller from any of its obligations or liabilities under this BESSA and will not place any limitation on or otherwise affect PSE’s rights and remedies under this BESSA or expand the liabilities, risks or obligations imposed on PSE under this BESSA.
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Financing Assignment. Generator, without GPC’s consent, may assign this QFIA to a financing entity for collateral purposes in connection with Facility financing, so long as the collateral assignment does not: (i) limit GPC’s rights under this QFIA; (ii) expand the liability, risks, or obligations imposed on GPC under this QFIA; (iii) release or discharge Generator from any QFIA obligation or liability; or (iv) require substitution or amendment of payment security.
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Financing Assignment. Notwithstanding the requirements of Section 15.1, Seller may assign this PPA, without the prior consent of PSE to a financing entity for collateral purposes in connection with any financing or refinancing of the Facility; provided, however, that any such collateral assignment will not release or discharge Seller from any of its obligations or liabilities under this PPA and will not place any limitation on or otherwise affect PSE’s rights and remedies under this PPA or expand the liabilities, risks or obligations imposed on PSE under this PPA.
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Related to Financing Assignment

  • 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.

  • Amendment; Assignment This Agreement may be amended, superseded, canceled, renewed or extended, and the terms hereof may be waived, only by a written instrument signed by authorized representatives of the parties or, in the case of a waiver, by an authorized representative of the party waiving compliance. No such written instrument shall be effective unless it expressly recites that it is intended to amend, supersede, cancel, renew or extend this Agreement or to waive compliance with one or more of the terms hereof, as the case may be. Except for the Management Stockholder’s right to assign his or her rights under Section 4(a) or the Company’s right to assign its rights under Section 4(b), no party to this Agreement may assign any of its rights or obligations under this Agreement without the prior written consent of the other parties hereto.

  • Collateral Assignment The Owner may assign this contract as collateral security. The Company is not responsible for the validity or effect of a collateral assignment. The Company will not be responsible to an assignee for any payment or other action taken by the Company before receipt of the assignment in writing at its Home Office. The interest of any beneficiary will be subject to any collateral assignment made either before or after the beneficiary is named. A collateral assignee is not an Owner. A collateral assignment is not a transfer of ownership. Ownership can be transferred only by complying with Section 8.2.

  • Modification; Assignment No amendment or other modification, rescission, release, or assignment of any part of this Agreement shall be effective except pursuant to a written agreement subscribed by the duly authorized representatives of the parties hereto.