Notice of Assignment Sample Clauses
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Notice of Assignment. The Debtor and the Lender hereby notify and confirm to the Lessee that the Debtor has granted to the Lender a security interest in and to all of the Debtor's right, title and interest in and to the Aircraft and a security interest and assignment of the Contract and all of the Debtor's right, title and interest in and to the Contract including, but not limited to, all rents and other amounts payable by the Lessee to the Debtor under the Contract, and that the Debtor has granted the Assignment to the Lender (collectively, the “Lender’s Security Interest”). Notwithstanding the foregoing notice, the Lessee will not be bound by such notice until after the Lender gives written notice to the Lessee of the occurrence of an Event of Default under the Letter of Offer or the GSA and that its rights as assignee under the Assignment have become exercisable (such notice, a "Default Notice"). The Debtor and the Lender agree that until the Lender issues a Default Notice to the Lessee, the Debtor (and not the Lender) shall be entitled to the benefits, and remain obligated to perform all of the obligations, of the "lessor" under the Contract. The Debtor and the Lender hereby instruct the Lessee, and the Lessee agrees, that if the Lender issues to the Lessee a Default Notice, then: (i) the Lessee shall not recognize the exercise by the Debtor of any of its rights and powers under the Contract and (ii) the Lessee shall perform, observe and comply with all of its undertakings and obligations under the Contract in the Lender's favour and for the benefit of the Lender as if the Lender were named as the "lessor" therein or, if the Lender so requests, enter into a new lease agreement with the Lender or the Lender's nominee on terms substantially the same as the terms of the Contract. Any performance by the Lessee in compliance with this Consent that discharges its obligations owing to the Debtor under the Contract will satisfy, as among the Lessee and the Debtor, the obligations of the Lessee owing to the Debtor under the Contract. The Lessee may rely conclusively on any Default Notice without inquiring as to the accuracy or the entitlement of the Lender to give any such notice and the Debtor agrees to hold the Lessee harmless in so relying on such Default Notice. Notwithstanding the assignment of the Contract to the Lender pursuant to the Assignment and the Lender's agreements hereunder, the Debtor agrees that it shall at all times remain obligated to perform all obligations of t...
Notice of Assignment. Upon its receipt and acceptance of a duly executed and completed Assignment Agreement, any forms, certificates or other evidence required by this Agreement in connection therewith, Administrative Agent shall record the information contained in such Assignment Agreement in the Register, shall give prompt notice thereof to Company and shall maintain a copy of such Assignment Agreement.
Notice of Assignment. This Deed constitutes notice in writing to the Chargor of any charge or assignment of a debt owed by the Chargor to any other member of the Group and contained in any other Security Document.
Notice of Assignment. 6.1 The Assignor shall notify by registered mail (Einschreiben mit Rückschein) the relevant debtors of the assignment of the Intercompany Loan Receivables constituted hereunder in the form set out in Schedule 7 (Form of Notice for a Disclosed Assignment), within one month from the date hereof or, with respect to Intercompany Loan Receivables arising from future contracts within one month from the date of entry into such contract.
6.2 The Assignor shall use all reasonable endeavours to procure that debtors of the Intercompany Loan Receivables notified in accordance with Clause 6.1 above acknowledge each notice of assignment and accept the terms of the assignment as set out in Schedule 7 (Form of Notice for a Disclosed Assignment) without undue delay. The Assignor shall provide evidence to the Collateral Agent of any such acknowledgement received.
6.3 The Assignor shall deliver to the Collateral Agent 10 (ten) dated notification letters in the form of Schedule 6 (Form of Blank Notification Letter) executed in blank within 20 business days from the date hereof for the purpose of notifying the debtors of the Receivables of this Agreement. The Collateral Agent will only use such notification letters if it is entitled to enforce this Agreement in accordance with Clause 10.
Notice of Assignment. In respect of any Charter, the relevant Owner shall give notice of assignment of the Charter Documents to the other parties to them in the form specified by the Charter Assignment for that Ship promptly following the execution of the Charter Assignment and shall use its reasonable endeavours to ensure that the Agent receives a copy of that notice acknowledged by each addressee in the form specified therein.
Notice of Assignment. Upon its receipt of a duly executed and -------------------- completed Assignment Agreement, together with the processing and recordation fee referred to in Section 117 10.6(d) (and any forms, certificates or other evidence required by this Agreement in connection therewith), Administrative Agent shall record the information contained in such Assignment Agreement in the Register, shall give prompt notice thereof to the applicable Borrower or Borrowers and shall maintain a copy of such Assignment Agreement.
Notice of Assignment. Lender shall provide notice to Borrower of any assignment hereunder by Lender to any assignee. Lender authorizes Administrator to, and Administrator agrees that it shall, endorse the Lender Note to reflect any assignments made pursuant to this Article XIII or otherwise.
Notice of Assignment. Upon the Administrative Agent’s receipt and acceptance of a duly executed and completed Assignment Agreement and any forms, certificates or other evidence required by this Agreement in connection therewith, Administrative Agent shall (i) provide Paying Agent with written notice of such assignment, (ii) give prompt written notice thereof to Company, and (iii) maintain a copy of such Assignment Agreement.
Notice of Assignment on the date hereof join with the Note Trustee in giving notice of the assignments and the security created under or pursuant to this Current Issuer Deed of Charge to Funding, the Security Trustee and each other party to any Current Issuer Transaction Document not being a party to this Current Issuer Deed of Charge and for the purposes of the Jersey Security Interests to any person from whom the Current Issuer would have been entitled to claim the collateral (but for the Jersey Security Interests) and on any date hereafter (to the extent only that such notice and acknowledgement is not given under or pursuant to this Current Issuer Deed of Charge) join with the Note Trustee in giving notice of the assignments and the security created under this Current Issuer Deed of Charge to any party to a Current Issuer Transaction Document entered into by the Current Issuer after the date hereof and, for the purposes of the Jersey Security Interests, to any person from whom the Current Issuer would have been entitled to claim the collateral (but for the Jersey Security Interests), in each case in the form (or substantially in the form) set out in Schedule 3 (Form of Notice of Assignment);
Notice of Assignment. Applicant shall provide SWBT with 60 days advance notice in writing of any assignment.