Vessel 1 Assignment of Contracts definition

Vessel 1 Assignment of Contracts shall have the meaning provided in Section 5.06(a).
Vessel 1 Assignment of Contracts means the second-priority (junior only to the Liens of the secured creditors under the Breakaway One Facility and pari passu with the Liens of the secured creditors under the Other Term Loan Facility) legal assignment in favor of the Collateral Agent of all of Breakaway One’s present and future interests in and benefits under the Vessel 1 Construction Contract (as modified, supplemented or amended from time to time).

Related to Vessel 1 Assignment of Contracts

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

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • Collateral Assignments has the meaning specified in the Security Agreement.

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders: