Assignee Party definition
Examples of Assignee Party in a sentence
The Assigning Party further agrees to, and shall cause the applicable members of its Group to, execute all further documents and assignments and take all further actions as may be necessary to perfect the Assignee Party’s title to such Intellectual Property or to register such Assignee Party as the exclusive owner of any applicable registrable rights.
The Assigning Party further agrees to, and shall cause its applicable Affiliates to, execute all further documents and assignments and take all further actions as may be necessary to perfect the Assignee Party’s title to such Intellectual Property Rights or to register such Assignee Party as the exclusive owner of any applicable registrable rights.
Once Party A notifies Party B in writing to terminate this Agreement in whole or in part, or to change the Assignee, Party B will immediately withdraw the delegation and authorization made to Party A and the Assignee hereunder, and, follow Party A’s written instructions to immediately sign a letter of proxy in the form specified in the Appendix I, to make the authorization and delegation to the other person or subject designated by Party A with the content the same as that of this Agreement.
Assignor and each Assignee Party each irrevocably submits to the non-exclusive jurisdiction of any State or Federal court sitting in New York County, New York over any suit, action or proceeding arising out of or relating to this Assignment and Acceptance and irrevocably agrees that all claims in respect of such action or proceeding may be heard and determined in such New York State or Federal court.
The Seller and the Buyer Parties shall cooperate and shall each use commercially reasonable efforts after the Closing to obtain an assignment of such Assigned Asset to the relevant Assignee Party.
Each Assignee Party agrees that it will perform in accordance with their terms all of the obligations which by the terms of the First Lien Financing Agreement are required to be performed by it as a Lender.
Assignor and each Assignee Party have caused this Assignment and Acceptance to be executed and delivered by their duly authorized officers as of the date first above written.
Each Assignee Party to whom this Section 1.04 applies shall be a third party beneficiary of this Section 1.04.
In the event any assignment is to a competitor of Assignee Party, the Assignee Party has the right to promptly terminate the Agreement and provide / receive (as the case may be), a prorated refund of pre-paid unused fees from the date of termination.
The Assignee Party shall make all commercially reasonable efforts to give prompt written notice to SNH before the time of disclosure.