Assignments of Claims definition
Examples of Assignments of Claims in a sentence
The Land Charge, the Abstract Acknowledgement of Debt, and the Assignments of Claims for Restitution (as defined below) are constituted in order to secure the prompt and complete satisfaction of any Secured Obligation.
Promptly, upon the request of the Bank, execute and deliver to the Bank, such Assignment(s) of Claims, and related Notices of Assignments of Claim, as Bank may require in its sole discretion.
The Borrower is now in compliance and hereby covenants and agrees that the Borrower will in the future comply with any and all of the requirements of the Assignments of Claims Act, where such statutes are applicable to any Government Contract, and shall take all such other action as may be necessary to facilitate the assignment and perfection of the Lender's interest in Payments under any Government Contract.