Acknowledgement of Collateral Assignment Sample Clauses

Acknowledgement of Collateral Assignment. (a) Host acknowledges the collateral assignment by Provider to the Lender, of Provider’s right, title and interest in, to and under the Agreement, as consented to under Section 14.3(a) of the Agreement.
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Acknowledgement of Collateral Assignment. TESLA US has granted a security interest in all of its rights under this Agreement to the United States Department of Energy (“DOE”) (or a collateral agent for the benefit of DOE and certain other secured parties) to secure TESLA USA’s obligations to DOE and such other secured parties. If a default in such obligations or under the related documentation occurs and is continuing, DOE (or such collateral agent, as applicable) shall be entitled to enforce the rights of TESLA US against TESLA UK under this Agreement and to further assign such rights upon the foreclosure of such security interest or an assignment in lieu of foreclosure thereof, all without further consent of TESLA UK.”
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Acknowledgement of Collateral Assignment. Host acknowledges the collateral assignment by Provider to the Facility Lessor, of Provider's right, title and interest in, to and under the Agreement, as consented to under Section 1 of the Agreement. The Facility Lessor as such collateral assignee shall be entitled to exercise any and all rights of lenders generally with respect to the Provider's interests in the Agreement, including those rights provided to Lenders and Facility Lessor in Section 1 of the Agreement. Host acknowledges that it has been advised that Provider has i) conveyed the ownership interest and ii) granted a first priority security interest in the Facility to Lender and that Facility Lessor has relied upon the characterization of the Facility as personal property, as agreed in the Agreement. Until further written notice, Host agrees to make all payments due Provider under the Agreement to Facility Lessor at the following address: [address information to be added]
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Acknowledgement of Collateral Assignment. (a) Customer acknowledges the collateral assignment by OYA Solar to Lender, of OYA Solar’s right, title and interest in, to and under the CSSA, as provided in the CSSA.
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Acknowledgement of Collateral Assignment. (a) Customer acknowledges the collateral assignment by XxxXxxxx to Lender, of XxxXxxxx’s right, title, and interest in, to, and under the SSA, as provided in the SSA.
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Acknowledgement of Collateral Assignment. (a) County acknowledges the collateral assignment by Seller to Lender of Seller’s interest in the PPA and Seller’s right, title, and interest in the PV System, as described in Section 11.2 of the PPA.
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Acknowledgement of Collateral Assignment. (a) Customer acknowledges the collateral assignment by GES Developers to Lender, of GES Developers’s right, title and interest in, to and under the CSSA, as provided in the CSSA.
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Related to Acknowledgement of Collateral Assignment

  • 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.

  • Assignment of Collateral There is no material collateral securing any Mortgage Loan that has not been assigned to the Purchaser.

  • Acknowledgement and Reaffirmation By their execution hereof, each Borrower and the Guarantor hereby expressly (a) consents to this Amendment and to the amendments to the Credit Agreement set forth herein, (b) acknowledges that the covenants, representations, warranties and other obligations set forth in the Credit Agreement, the Notes and the other Loan Documents to which such Borrower or the Guarantor is a party remain in full force and effect (it being understood and agreed that to the extent any such covenants, representations, warranties or other obligations are expressly modified herein, such covenants, representations, warranties or obligations shall continue in full force and effect as expressly modified herein) and (c) acknowledges and agrees that this Amendment shall constitute a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents.

  • ACKNOWLEDGEMENT AND CONSENT The Company is a party to the Company Collateral Documents, in each case as amended through the date hereof, pursuant to which the Company has created Liens in favor of the Agent on certain Collateral to secure the Obligations. The Parent Guarantor is a party to the Parent Collateral Documents, in each case as amended through the date hereof, pursuant to which the Parent Guarantor has created Liens in favor of the Agent on certain Collateral and pledged certain Collateral to the Agent to secure the Obligations of the Parent Guarantor. Certain Subsidiaries of the Company are parties to the Subsidiary Guaranty and/or one or more of the Subsidiary Collateral Documents, in each case as amended through the date hereof, pursuant to which such Subsidiaries have (i) guarantied the Obligations and/or (ii) created Liens in favor of the Agent on certain Collateral. The Company, the Parent Guarantor and such Subsidiaries are collectively referred to herein as the "Credit Support Parties", and the Company Collateral Documents, the Parent Collateral Documents, the Subsidiary Guaranty and the Subsidiary Collateral Documents are collectively referred to herein as the "Credit Support Documents". Each Credit Support Party hereby acknowledges that it has reviewed the terms and provisions of the Credit Agreement as amended by this Amendment and consents to the amendment of the Credit Agreement effected as of the date hereof pursuant to this Amendment. Each Credit Support Party acknowledges and agrees that any of the Credit Support Documents to which it is a party or otherwise bound shall continue in full force and effect. Each Credit Support Party hereby confirms that each Credit Support Document to which it is a party or otherwise bound and all Collateral encumbered thereby will continue to guaranty or secure, as the case may be, the payment and performance of all obligations guaranteed or secured thereby, as the case may be. Each Credit Support Party (other than the Company and the Parent Guarantor) acknowledges and agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Credit Support Party is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Credit Support Party to any future amendments to the Credit Agreement.

  • Acknowledgement and Consent to Bail In of EEA Financial Institutions. Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

  • Intercreditor Acknowledgements and Waivers Section 5.1 Notice of Acceptance and Other Waivers 34 Section 5.2 Modifications to Senior Priority Documents and Junior Priority Documents 35 Page ARTICLE VI

  • Guarantor Acknowledgement Each Guarantor party hereto hereby (i) consents to the modifications to the Credit Agreement contemplated by this Amendment and (ii) acknowledges and agrees that its guaranty pursuant to Section 10.18 of the Credit Agreement is, and shall remain, in full force and effect after giving effect to the Amendment.

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

  • Acknowledgement and Waiver 6.1 The Subscriber has acknowledged that the decision to purchase the Shares was solely made on the Company Information. The Subscriber hereby waives, to the fullest extent permitted by law, any rights of withdrawal, rescission or compensation for damages to which the Subscriber might be entitled in connection with the distribution of any of the Shares.

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