Section 505 Sample Clauses
Section 505 typically refers to a clause that addresses the assignment of rights and obligations under a contract. It generally outlines whether and how a party may transfer its interests or delegate its duties to another party, often requiring prior written consent from the other contracting party. For example, this section might prevent a contractor from assigning a project to a third party without the client's approval. The core function of Section 505 is to maintain control over who is responsible for fulfilling contractual obligations, thereby protecting the interests of all parties involved and preventing unwanted or unapproved changes in responsibility.
Section 505. Trustee May Enforce Claims Without Possession of Securities.....55
Section 505. Trustee May Enforce Claims Without Possession of Securi- ties.................................................... 34
Section 505. Trustee May Enforce Claims Without Possession of Bonds.............................. 23
Section 505. Trustee May Enforce Claims Without Possession of the Notes.............................37
Section 505. Trustee May Enforce Claims Without Possession of Securities or coupons . . . . . . . . . . . . . . . . . 52
Section 505. Trustee May Enforce Claims With Possession of Securities....37 SECTION 506...Application of Money Collected..............................38
Section 505. REGISTRATION OF TRANSFER AND EXCHANGE GENERALLY; CERTAIN TRANSFERS AND EXCHANGES; TRUST PREFERRED SECURITIES CERTIFICATES...............................................................25
Section 505. Trustee May Enforce Claims Without Possession of Securities . . . . . . . . . . . . . . . . . . . . . . 25
Section 505. Corporate Authority......................................................12
Section 505. Registration of Transfer and Exchange Generally; Certain Transfers and Exchanges; Trust Preferred Securities Certificates.............................................. 27