Deed of Novation Sample Clauses

Deed of Novation. 9.2.1. The Landlord agrees that, in the event of a Mid-Lease Sale, the Landlord will ensure that any Third Party Purchaser executes a deed of novation of this Property Care Contract:
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Deed of Novation. At the Closing, Seller and Buyer shall enter into the Deed of Novation, pursuant to which Seller will assign and transfer the Intercompany Loan Agreements, and all of Seller’s rights (including its right to the repayment of outstanding principal and accrued and unpaid interest thereon) and obligations thereunder, to Buyer, and Buyer will accept such assignment of rights and assume such obligations.
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Deed of Novation. On 18 August 2011 (after trading hours), GIL, the Target Company, the Target Shareholders and Trenaco Holdings Ltd, a wholly-owned subsidiary of the Company (the “Incoming Investor”), entered into a deed of novation and variation (the “Deed of Novation”), pursuant to which the Incoming Investor was assigned with all the rights and interests and assumed all the obligations and liabilities of GIL under the Share Subscription Agreement. The Incoming Investor is a company newly incorporated in the British Virgin Islands with limited liability and is a direct wholly-owned subsidiary of the Company. GIL, a direct wholly-owned subsidiary of the Company, is an investment holding company, presently holding different lines of business for the Group, including (i) holding of coal mining rights in Russia; (ii) coal trading business in Korea; and (iii) vertical farming projects in the People’s Republic of China. The Board is of the view that the novation as provided in the Deed of Novation will separate the new line of natural resources business in Switzerland and Colombia to be acquired from the Target Group from XXX’x existing lines of business, and will therefore enable the corporate structure of the Group to be better organized for its present needs. The Board considers that (i) the entering into of the Deed of Novation has no adverse effect to the Group and is in the best interests of the Group and the Shareholders as a whole; and (ii) the terms of the Deed of Novation are fair and reasonable. AMENDED FINDERS FEES AGREEMENT On 18 August 2011 (after trading hours), the Company and the Finders entered into the amended Finders Fees Agreement (the “Amended Finders Fees Agreement”) to amend the following term of the Finders Fees Agreement: The long stop date of the Finders Fees Agreement has been extended from 90 days from the date of the Finders Fees Agreement, i.e. 14 July 2011, to 180 days from the date of the Finders Fees Agreement, i.e. 12 October 2011, as additional time is required for preparing and finalizing certain information to be disclosed in the Circular. AMENDED TARGET SHAREHOLDERS FEES AGREEMENT On 18 August 2011 (after trading hours), the Company and the Three Target Shareholders entered into the amended Target Shareholders Fees Agreement (the “Amended Target Shareholders Fees Agreement”) to amend the following term of the Target Shareholders Fees Agreement: The long stop date of the Target Shareholders Fees Agreement has been extended from 90 days fro...
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Deed of Novation. Unless the Appendix indicates that a Deed of Novation is not required, the Supplier shall, within 14 Days of the Authority’s Representative’s request to do so, enter into a Deed of Novation in the form annexed hereto in respect of the performance of the Contract for any of the Authority’s contractors as may be requested by the Authority’s Representative.
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Related to Deed of Novation

  • Collateral Assignment The Owner may assign this contract as collateral security. The Company is not responsible for the validity or effect of a collateral assignment. The Company will not be responsible to an assignee for any payment or other action taken by the Company before receipt of the assignment in writing at its Home Office. The interest of any beneficiary will be subject to any collateral assignment made either before or after the beneficiary is named. A collateral assignee is not an Owner. A collateral assignment is not a transfer of ownership. Ownership can be transferred only by complying with Section 8.2.

  • Deed; Xxxx of Sale; Assignment To the extent required and permitted by applicable law, this Agreement shall also constitute a “deed,” “xxxx of sale” or “assignment” of the assets and interests referenced herein.

  • General Assignment A general assignment by Tenant for the benefit of creditors;

  • Amendment; Assignment This Agreement may be amended, superseded, canceled, renewed or extended, and the terms hereof may be waived, only by a written instrument signed by authorized representatives of the parties or, in the case of a waiver, by an authorized representative of the party waiving compliance. No such written instrument shall be effective unless it expressly recites that it is intended to amend, supersede, cancel, renew or extend this Agreement or to waive compliance with one or more of the terms hereof, as the case may be. Except for the Management Stockholder’s right to assign his or her rights under Section 4(a) or the Company’s right to assign its rights under Section 4(b), no party to this Agreement may assign any of its rights or obligations under this Agreement without the prior written consent of the other parties hereto.

  • Assignment of Lease 10.01. The Tenant may not assign the Lease or sublet all or any part of the Premises or otherwise grant possession of the Premises or any portion thereof to any other person without first obtaining the prior written consent of the Landlord, such consent not to be unreasonably withheld. In no event shall the Tenant be released or discharged from the full performance of this Lease and the payment of all rents and monies and the observance of all covenants, agreements, terms and conditions herein contained and any such consent granted by the Landlord shall not be deemed or implied as consent to any further or subsequent assignment or subletting. In the event this Lease is assigned or all or a portion of the Premises sublet, the Tenant shall pay all reasonable out-of-pocket expenses incurred by the Landlord in any such assignment or subletting, including the Landlord’s legal costs in connection therewith and a non-refundable amount of Five Hundred Dollars ($500.00) in advance to the Landlord, representing a reasonable cost to the Landlord for reviewing such application. Any transferee shall enter into an agreement directly with the Landlord covenanting to be bound by all of the Tenant’s obligations hereunder to the extent applicable to it. Notwithstanding the foregoing provisions of this Section 10.01 or anything else contained herein, so long as Tenant is not then in default under this Lease beyond any applicable curative period provided for in this Lease, Tenant shall have the right, without the consent of Landlord, but otherwise in accordance with the requirements of this Lease, including without limitation, the obligation of any transferee to enter into an agreement directly with the Landlord covenanting to be bound by all of the Tenant’s obligations hereunder to the extent applicable, to assign this Lease and/or sublease the whole or part of the Premises to:

  • Amendment of Lease The Lease is hereby amended as follows:

  • The Assignment On or prior to the Purchase Date, World Omni will execute and deliver the RPA Assignment.

  • General Assignments Assignments of all of Seller’s right, title and interest in and to all FF&E Leases, Service Contracts and Leases identified on Exhibit C hereto (the “Hotel Contracts”). The assignment shall also be a general assignment and shall provide for the assignment of all of Seller’s right, title and interest in all Records, Warranties, Licenses, Tradenames, Contracts, Plans and Specs and all other intangible Personal Property applicable to the Hotel.

  • Amendment to Security Agreement The Security Agreement is hereby amended as follows:

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