RIGHTS AND OBLIGATIONS OF THE ASSIGNOR. 8.1. The Assignor shall perform this Agreement and ensure Servicing of the Claim in accordance with the provisions of this Agreement. 8.2. The Assignor undertakes to manage and service the Claim on behalf of itself, but to perform all the actions related to the fulfilment of the Claim in the interests of the Assignee. 8.3. The Assignee authorises the Assignor to manage claims and to service Claims on behalf of the Assignor, but in its own interests. 8.4. Based on the Assignee’s authorisation issued by the Assignee to Assignor when concluding the Assignment Agreement, Assignor is entitled to manage the Claim until it is fully repaid or discharged. 8.5. The Assignor undertakes to make all payments in favor of the Assignee, as well as to withhold payments from the Assignee’s account in accordance with the procedure set forth in this Agreement only.
Appears in 2 contracts
Sources: Assignment Agreement, Assignment Agreement