Conditions for Assignment definition

Conditions for Assignment means the following conditions:
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Conditions for Assignment has the meaning set out in clause 4.11
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Conditions for Assignment means the following conditions: (i) the payment of the Principal Rent and other sums which have fallen due under this Lease prior to the date of the Assignment (ii) that the proposed assignee covenants by deed with the Landlord in such form as the Landlord may reasonably require that with effect from the date of the Assignment until the first subsequent Assignment which is not an excluded Assignment (as that expression is defined in the Landlord and Tenant (Covenants) Act 1995) the proposed assignee will pay the Rents and observe and perform all the provisions of this Lease to be observed and performed by the Tenant (iii) that the Tenant if reasonably required by the Landlord enters into an Authorised Guarantee Agreement in the form set out in the schedule 5 (iv) having unconditionally made a written offer to the Landlord to surrender the ground floor reception area and/or meeting room forming part of the Premises for the then unexpired residue of the Term to the Landlord which the Landlord shall within 28 days of receipt of such written offer either accept or reject should the Landlord accept the offer the Tenant shall within a further 28 days after the receipt of such acceptance by the Landlord complete and enter into an agreement for surrender which shall be in a form prepared by the Landlord and approved by the Tenant (whose approval shall not be unreasonably withheld or delayed) (each party bearing their own costs in connection with the completion of such agreement for surrender) surrendering the relevant part of the Premises with vacant possession free from all encumbrances and having made good all damage caused by removing any tenant's fixtures or fittings and having yielded up that part of the Premises to the reasonable satisfaction of the Landlord (such surrender shall be without prejudice to the rights and remedies of the Landlord and the Tenant in respect of any antecedent breach non-observance or non-performance of the other covenants and the condition contained in this Lease)
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Examples of Conditions for Assignment in a sentence

  • The Standard Terms and Conditions for Assignment and Assumption Agreement set forth in Annex 1 hereto (the “Standard Terms and Conditions”) are hereby agreed to and incorporated herein by reference and made a part of this Assignment as if set forth herein in full.

  • The Standard Terms and Conditions for Assignment and Assumption (the “Standard Terms and Conditions”) set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full.

  • The Standard Terms and Conditions for Assignment and Assumption set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full.

  • The Standard Terms and Conditions for Assignment and Assumption set forth in Annex 1 attached hereto (the “Standard Terms and Conditions”) are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full.

  • The Standard Terms and Conditions for Assignment and Assumption set forth in Annex I attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full.

  • The Standard Terms and Conditions for Assignment set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full.

  • The Standard Terms and Conditions for Assignment and Assumption Agreement set forth in Annex 1 hereto (the "Standard Terms and Conditions") are hereby agreed to and incorporated herein by reference and made a part of this Assignment as if set forth herein in full.

  • The Standard Terms and Conditions for Assignment and Acceptance Agreement set forth in Annex 1 hereto (the “Standard Terms and Conditions”) are hereby agreed to and incorporated herein by reference and made a part of this Assignment as if set forth herein in full.

  • Standard Terms and Conditions for Assignment and Assumption None.

  • From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Standard Terms and Conditions for Assignment and Assumption Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.

Related to Conditions for Assignment

  • Charter Assignment means a specific assignment of each Extended Employment Contract required to be executed hereunder by any Borrower in favour of the Security Trustee (including any notices and/or acknowledgements and/or undertakings associated therewith) in such form as the Agent and the Majority Lenders may require in their sole discretion;

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • General Assignment means, in relation to a Ship, a general assignment of (inter alia) the Earnings, the Insurances and any Requisition Compensation relative to that Ship in the Agreed Form and, in the plural, means all of them;

  • IP Assignment a collateral assignment or security agreement pursuant to which an Obligor grants a Lien on its Intellectual Property to Agent, as security for the Obligations.

  • Lease Assignment has the meaning set forth in Section 3.6(d).