ASSIGNMENT OF THE CONTRACT definition

ASSIGNMENT OF THE CONTRACT. A Written Request specifying the terms of an assignment of the Contract must be provided to the Annuity Service Center. Until the Written Request is received, the Company will not be required to take notice of or be responsible for any transfer of interest in the Contract by assignment, agreement, or otherwise. The Company will not be responsible for the validity or tax consequences of any assignment. Any assignment made 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.
ASSIGNMENT OF THE CONTRACT. A Written Request specifying the terms of an assignment of this Contract must be provided to the Annuity Service Center. Until the Written Request is received, the Company will not be required to take notice of or be responsible for any transfer of interest in this Contract by assignment, agreement, or otherwise.

Examples of ASSIGNMENT OF THE CONTRACT in a sentence

  • APPROVAL BY CITY OF ONE ASSIGNMENT SHALL NOT CONSTITUTE APPROVAL OF ANY FUTURE ASSIGNMENT OF THE CONTRACT.

  • ASSIGNMENT OF THE CONTRACT, IF APPROVED BY CITY, SHALL NOT RELIEVE BIDDER FROM BIDDER’S OBLIGATIONS UNDER THE CONTRACT.

  • REPONDENT OR ITS ASSIGNEE WILL NOT BE PAID FOR GOODS AND SERVICES UNTIL ASSIGNMENT OF THE CONTRACT IS APPROVED BY THE CITY.

  • ASSIGNMENT OF THE CONTRACT A Written Request by the Contract Owner specifying the terms of an assignment of this Contract must be provided to the Annuity Service Center.

  • ASSIGNMENT OF THE CONTRACT This Agreement shall not be assigned or transferred by either party without the written consent of the other party.

  • ASSIGNMENT OF THE CONTRACT, IF APPROVED BY CITY, SHALL NOTRELIEVE RESPONDENT FROM RESPONDENT’S OBLIGATIONS UNDER THE CONTRACT.

  • CLAUSE 22 - INTUITUS PERSONAE: ASSIGNMENT OF THE CONTRACT 22.1 This Contract does not grant, and Client shall not assert, any right, interest, or lien upon the property or assets of the Service Provider other than those rights contained in this and any subsequent Contract.22.2 Both the Parties agree that neither Party shall assign, delegate or otherwise deal with all or any of its rights and obligations under this Contract without the other Party’s prior written consent.

  • ASSIGNMENT OF THE CONTRACT, IF APPROVED BY THE CITY, SHALL NOT RELIEVE VENDOR FROM HIS/HER OBLIGATIONS UNDER THE CONTRACT.

  • APPROVAL BY THE CITY OF ONE SUCH ASSIGNMENT SHALL NOT CONSTITUTE APPROVAL TO ANY OTHER OR FURTHER ASSIGNMENT OF THE CONTRACT.

  • THIS BENEFIT WILL TERMINATE UPON ASSIGNMENT OF THE CONTRACT OR A CHANGE IN OWNER UNLESS THE NEW ASSIGNEE OR OWNER MEETS THE QUALIFICATIONS SPECIFIED IN THE TERMINATION PROVISION.

Related to ASSIGNMENT OF THE CONTRACT

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

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • 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.

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • 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:

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

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

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller at the Closing with respect to each parcel of Leased Real Property listed on Section 3.16(b) of the Disclosure Schedule, in a form to be mutually agreed by the Seller and the Purchaser.

  • Trademark Assignment shall have the meaning specified in Section 3.2(c).

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.

  • Assignment of Mortgage An assignment of the Mortgage, notice of transfer or equivalent instrument in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage to the Purchaser.

  • Loan Assignment has the meaning set forth in the Purchase and Sale Agreement.

  • Trademark Assignment Agreement has the meaning set forth in Section 2.01.

  • Intellectual Property Assignment Agreement means, with respect to each Specified Business, an agreement in form and substance reasonably acceptable to Seller and Buyer, providing for the assignment of the Transferred Intellectual Property Related to such Specified Business.

  • Assignment of Recognition Agreement With respect to a Cooperative Loan, an assignment of the Recognition Agreement sufficient under the laws of the jurisdiction wherein the related Cooperative Unit is located to reflect the assignment of such Recognition Agreement.

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent and the Hermes Agent and agreed on the signing hereof and as specified in paragraph 42 of Schedule 4;

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

  • Dealer Assignment means, with respect to a Receivable, the executed assignment executed by a Dealer conveying such Receivable to AmeriCredit or an Originating Affiliate.

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

  • Patent Assignment each patent collateral assignment agreement pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s interests in its patents, as security for the Obligations.

  • Collateral Assignments means, collectively, the Assignment of the Development Agreement, and the Assignment of Management Agreement, the Assignment of the Right to Receive Tax Credits, Capital Contributions and Partnership Interests, each in form and substance satisfactory to the Significant Bondholder and the Financial Monitor and as each may be amended or supplemented from time to time with the prior written consent of the Significant Bondholder.