Common use of Terms and Evidence of Assignment Clause in Contracts

Terms and Evidence of Assignment. Any assignment of the Asset Interest (or any portion thereof) to any Person which is otherwise permitted under this Article XII shall be upon such terms and conditions as Transferee and the assignee may mutually agree, and may be evidenced by such instrument(s) or document(s) as may be satisfactory to Transferee, the Administrator and the assignee.

Appears in 2 contracts

Sources: Asset Interest Transfer Agreement (Westpoint Stevens Inc), Asset Interest Transfer Agreement (Westpoint Stevens Inc)