Assignment Absolute. This Assignment shall be a present, absolute and unconditional assignment, and immediately upon the execution and delivery hereof, this Assignment shall give the Assignee the right to collect all rents, revenues, royalties, issues, profits, insurance proceeds, condemnation awards, license fees, concession fees and all other income and security of every kind and nature due by virtue of the Subleases and the Guaranties (hereinafter collectively referred to as the "Rents").
Appears in 2 contracts
Sources: Assignment of Subleases and Rents (Balanced Care Corp), Assignment of Subleases and Rents (Balanced Care Corp)