Examples of Collateral Assignee in a sentence
Any such certificate may be relied upon by any prospective Permitted Collateral Assignee, Mortgagee or purchaser of the Subleased Property of each Site.
Collateral Assignee means another person or entity that accepts the owner's use of this policy as collateral security for any liability of the owner.
Notwithstanding the foregoing, TowerCo may enter into Permitted Subleasehold Pledges and Permitted Subleasehold Mortgages, in which case the Permitted Subleasehold Collateral Assignee with respect thereto shall have the right to exercise remedies under any such mortgage, pledge, hypothecation or other collateral transfer in a manner consistent with the provisions of this and every other agreement between TowerCo and SBCW made in connection with this transaction.
Notwithstanding Section 17.1 (a) above, upon the giving of written notice to the other party, either party may assign this Agreement to a Collateral Assignee pursuant to a form of collateral assignment reasonably acceptable to the non-assigning party.
FILE NO./ FILE DATE SECURED PARTY PROPERTY DESCRIPTION COMMENTS 01318546/ 4-16-10 First Chicago Bank and Trust, as Collateral Assignee Xxxxxxx Tool & Die, Inc.
In consideration of the assignment, sale, transfer and conveyance to Assignee of all of Assignor's right, title, interest, if any, in and to the Collateral, Assignee shall pay to Assignor upon Assignee's execution of this Agreement an amount equal to TWO HUNDRED FIFTY THOUSAND AND NO/100 DOLLARS ($250,000.00) (the "Purchase Price").
Notwithstanding the foregoing, TowerCo may enter into Permitted Subleasehold Pledges and Permitted Subleasehold Mortgages, in which case the Permitted Subleasehold Collateral Assignee with respect thereto shall have the right to exercise remedies under any such mortgage, pledge, hypothecation or other collateral transfer in a manner consistent with the provisions of this and every other agreement between TowerCo and SBC made in connection with this transaction.
Servicing 54 12.01 Servicing of SBA Loans 54 12.02 Collateral Assignee 54 12.03 Servicing Agreement 54 12.04 Event of Xxxxxxx 00 Xxxxxxx 00.
Notwithstanding Section 10.11(a) above, upon the giving of written notice to the other party, either party may assign this Agreement to a Collateral Assignee pursuant to a form of collateral assignment reasonably acceptable to the non-assigning party; provided that the party requesting the collateral assignment shall pay the reasonable costs and expenses of the non-assigning party relating to the review and negotiation of a mutually acceptable form of collateral assignment.
Notwithstanding anything in this Agreement to the contrary, neither party shall terminate this Agreement or any of its obligations hereunder as the result of any default of the other party under this Agreement until after notice of such default is given by the party claiming the default to the Collateral Assignee and the expiration of any cure periods provided for in this Agreement, which cure periods shall begin to run from the time notice is given to the alleged defaulting party.