Assignment of Contract definition

Assignment of Contract. A Formal Request specifying the terms of an assignment of a Contract must be provided to Our Administrative Office. The Company will not be liable for any payment made or action taken before it records the assignment. The Company will not be responsible for the validity or tax consequences of any assignment. Any assignment made after the Annuity Date, or after the death benefit has become payable will be valid only with the Company's consent. If the contract is assigned, the Owner's rights may only be exercised with the consent of the assignee of record.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Assignment of Contract means an assignment of contract related to this Agreement executed by Seller for the benefit of certain of its Funders.

Assignment of Contract means, collectively, each Assignment of Contract delivered by a Borrower pursuant to the provisions of Section 6.18 hereof, each substantially in the form of EXHIBIT H annexed hereto, each as amended, modified or supplemented from time to time.

Examples of Assignment of Contract in a sentence

Contractor also agrees that any proposed Assignee of the Contract will be required to certify that it is not on the Prohibited Entities List before OGS may approve a request for Assignment of Contract.
Subject to the Contractor obtaining the prior written consent of the Authority in accordance with clause A6 (Assignment of Contract), the Contractor may assign to a third Party (“the Assignee”) the right to receive payment of the Contract Price or any part thereof due to the Contractor under the Contract (including interest which the Authority incurred through late payment under the Late Payment of Commercial Debts (Interest) Act 1998).
Subject to the Contractor obtaining the prior written consent of the Authority in accordance with Condition 10 (Assignment of Contract), the Contractor may assign to a third Party (“the Assignee”) the right to receive payment of the Contract Price or any part thereof due to the Contractor under the Contract (including interest which the Authority incurred through late payment under the Late Payment of Commercial Debts (Interest) Act 1998 (“the Act”)).
Subject to the Contractor obtaining the prior written consent of the Authority in accordance with Condition 11 (Assignment of Contract), the Contractor may assign to a third Party (“the Assignee”) the right to receive payment of the Contract Price or any part thereof due to the Contractor under the Contract (including interest which the Authority incurred through late payment under the Late Payment of Commercial Debts (Interest) Act 1998 (“the Act”)).
Subject to the Contractor obtaining the prior written consent of the Authority in accordance with condition A6 (Assignment of Contract), the Contractor may assign to a third Party (“the Assignee”) the right to receive payment of the Contract Price or any part thereof due to the Contractor under the Contract (including interest which the Authority incurred through late payment under the Late Payment of Commercial Debts (Interest) Act 1998).

More Definitions of Assignment of Contract

Assignment of Contract. A master assignment of the Contracts, notice of transfer or equivalent instrument sufficient to transfer title of the Contract to the Trustee.

Assignment of Contract means the Assignment of Contract As Collateral Security, dated as of March 5, 1996, as heretofore amended and as amended and restated as of the date hereof among the Borrowers and the Agent, for the benefit of the Secured Parties, substantially in the form of Exhibit G, annexed hereto, as amended, modified or supplemented from time to time.

Assignment of Contract means the assignment of contract, in a form approved by the Lender and the Borrower, pursuant to which the Borrower shall assign the benefit of an intra-group loan agreement to the Lender by way of security.

Assignment of Contract means the Assignment of Contract, dated as of the date hereof, between the Borrower and the Agent, for its own benefit and for the benefit of the Lenders, substantially in the form of Exhibit H annexed hereto, as amended, modified or supplemented from time to time.

Assignment of Contract means that certain Assignment of Contract, dated as of the Closing Date to be executed and delivered by the Borrower and the Agent, for its own benefit and the benefit of the Lenders, in substantially the form of Exhibit O.

Assignment of Contract means, collectively, (i) the Assignment of Contract, dated as of the date hereof, between Airxcel and the Agent, for its own benefit and for the benefit of the Lenders, (ii) the Assignment of Contract, dated as of the First Amendment Closing Date, between Airxcel and the Agent, for its own benefit and for the benefit of the Lenders and (iii) the Assignment of Contract, dated as of the Original Closing Date, between Holdings and the Agent, for its own benefit and for the benefit of the Lenders, each substantially in the form of Exhibit I annexed hereto, each as amended, modified or supplemented from time to time.

Assignment of Contract means the Amended and Restated Assignment of Hotel ---------------------- Management Agreement from the Borrower to the Bank and the Manager's consent thereto, each dated as of June 16, 1995.

Filter & Search

Related Definitions