Assignment by Authority. The Authority will assign or transfer its rights and obligations under this Agreement to any permitted assignee of its interest in the Project Agreement concurrently with the assignment of the Project Agreement to such assignee and the Agent and the Senior Lenders will co-operate with the Authority in completing the formalities of any transfer or assignment including by executing any additional documents as may be reasonably required by the Authority.
Assignment by Authority. The parties understand that certain of the rights of the Authority hereunder will be assigned to the Trustee pursuant to the Indenture and accordingly the City agrees to make all payments due hereunder to the Trustee, notwithstanding any claim, defense, setoff or counterclaim whatsoever (whether arising from a breach hereof or otherwise) that the City may from time to time have against the Authority. The City agrees to execute all documents, including notices of assignment and chattel mortgages or financing statements, which may be reasonably requested by the Authority or the Trustee to protect their interests in the Leased Property during the term hereof.
Assignment by Authority. Notwithstanding anything to the contrary contained in this Agreement, the Authority may, after giving 10 (ten) days’ notice to the Operator, assign and/or transfer any of its rights and benefits and/or obligations under this Agreement to an assignee who is, in the reasonable opinion of the Authority, capable of fulfilling all of Authority’s then outstanding obligations of the Agreement.
Assignment by Authority. By the provisions of the Trust Agreement, the Authority will assign its rights under and interest in this Agreement (except its rights to receive notices, reports and other statements given both to the Authority and the Trustee, its rights under Sections 4.04, 4.05, 4.07, 5.07, 7.02 and 7.04 to payment of certain costs and expenses and to indemnification, and its right to individual and corporate exemption from liability under Sections 5.04, 9.14 and 9.15 and the Security Agreements and will pledge and assign any payments, receipts and revenues receivable by it (except as aforesaid) under or pursuant to this Agreement and the Security Agreements and income earned by the investment of funds held under the Trust Agreement, to the Trustee as security for the payment of the principal of and premium, if any, and interest on the Bonds. Except as provided in this Section. 6.02, the Authority will not sell, assign, transfer, convey or otherwise dispose of its interest in this Agreement or the payments. receipts and revenues of the Authority derived hereunder.
Assignment by Authority. 1653 The Authority may Assign this Agreement individually or jointly to any Member Agency (excluding the 1654 City of El Cerrito), the County of Contra Costa, a successor joint powers authority, or other public entity 1655 succeeding to a majority of the Authority’s service area obligations. In any Assignment, the Authority 1656 Board of Directors shall take such actions as may be necessary to ensure that the Assignee has the legal 1657 authority to accept the Assignment and undertake the Authority’s obligations.
Assignment by Authority. The Authority shall assign its rights under and interest in this Participation Agreement (except the rights and interest of the Authority under Article III hereof and Sections 4.06, 4.11, 4.12, and 4.13 hereof) to the Trustee pursuant to the Indenture, as security for payment of the principal of and premium, if any, and interest on the Bonds but such assignment shall be subject to the provisions of this Participation Agreement. In addition, the Trustee shall have the same power as the Authority to enforce from time to time the rights of the Authority set forth in Article III hereof, subject to the provisions of this Participation Agreement relating to the amendment hereof Except as provided in this Section 7.05, the Authority will not sell, assign, transfer, convey or otherwise dispose of its interest in this Participation Agreement during the term of this Participation Agreement.
Assignment by Authority. The Authority shall assign its rights under and interest in this Participation Agreement (except the rights and interest of the Authority under Article III and Sections 4.04, 4.08, 4.09, 4.10 and 5.16 and insofar as the obligations of the Company under Section 4.07 relate to taxes and assessments imposed upon the Authority and not the Trustee, Section 4.07 thereof), subject to the provisions of this Participation Agreement relating to the amendment thereof, to the Trustee pursuant to the Indenture, as security for payment of the principal of, and premium, if any, and interest on, the Bonds. In addition, the Trustee shall have the same power as the Authority to enforce from time to time the rights of the Authority set forth in Article III and Section 5.16, subject to the provisions of this Participation Agreement relating to the amendment hereof. Except as provided in this Section 7.06, the Authority will not sell, assign, transfer, convey or otherwise dispose of its interest in this Participation Agreement during the term of this Participation Agreement.
Assignment by Authority. By the provisions of the Trust Agreement, the Authority will assign its rights under and interest in the Loan Agreement and the Related Documents to which it is a party (except its rights to receive notices, reports and other statements given both to the Authority and the Trustee, its rights under Sections 4.05, 4.06, 5.07 and 7.04 and corresponding sections or paragraphs of the Related Documents to which it is a party, to payment of certain costs and expenses and indemnification, and to individual and corporate rights to exemption from liability under Sections 5.06, 9.14 and 9.15 and corresponding sections and paragraphs of the Related Documents to which it is a party), including its rights to any payments, receipts, and revenues receivable by it (except as aforesaid) under or pursuant to this Loan Agreement and the Related Documents to which it is a party, and any income earned by the investment of funds under the Trust Agreement, to the Trustee for the benefit of the Bondholders. Except as provided herein, the Authority will not sell, assign, transfer, convey, or otherwise dispose of its interest in this Loan Agreement and the Related Documents to which it is a party or the payments, receipts, and revenues of the Authority derived hereunder or under the Related Documents to which it is a party.
Assignment by Authority. 38 ARTICLE VII - Events of Default and Remedies...............................................................................39 Section 7.01. Events of Default..................................................................................39 Section 7.02. Acceleration; Remedies.............................................................................43 Section 7.03. Remedies Not Exclusive.............................................................................43 Section 7.04. Attorneys' Fees and Expenses.......................................................................44 Section 7.05. Waivers............................................................................................44 ARTICLE VIII - Prepayment of the Loan......................................................................................44 Section 8.01. Optional Prepayment................................................................................44 Section 8.02. Mandatory Prepayment of Loan.......................................................................45 Section 8.03. Extraordinary Optional Prepayment of Loan..........................................................46 Section 8.04. Relative Position of Loan Agreement and Trust Agreement............................................48
Assignment by Authority. 39 ARTICLE VII - Events of Default and Remedies.............................39 Section 7.01. Events of Default................................39 Section 7.02. Acceleration; Remedies...........................43 Section 7.03. Remedies Not Exclusive...........................44 Section 7.04. Attorneys' Fees and Expenses.....................44 Section 7.05. Waivers..........................................44
