Common use of Assignment by the Authority Clause in Contracts

Assignment by the Authority. It is understood, agreed and acknowledged that the Authority will assign to the Trustee pursuant to the Indenture certain of its rights, title and interests in and to this Agreement (reserving its rights, however, pursuant to sections of this Agreement providing that notices, reports and other statements be given to the Authority and also reserving its rights to reimbursement and payment of costs and expenses under Section 4.3 hereof and its individual and corporate rights to exemption from liability under Sections 6.2, 6.3, 6.8 and 10.13 hereof, and the Borrower hereby assents to such assignment and pledge.

Appears in 3 contracts

Samples: Loan Agreement (Westlake Chemical Corp), Continuing Disclosure Agreement (Westlake Chemical Corp), Continuing Disclosure Agreement (Westlake Chemical Corp)

AutoNDA by SimpleDocs

Assignment by the Authority. It is understood, agreed and acknowledged that the Authority will assign to the Trustee pursuant to the Indenture certain of its rights, title and interests in and to this Agreement (reserving its rights, however, pursuant to sections of this Agreement providing that notices, reports and other statements be given to the Authority and also reserving its rights to reimbursement and payment of costs and expenses under Section 4.3 4.2 hereof and its individual and corporate rights to exemption from liability under Sections 6.2, 6.3, 6.8 and 10.13 11.14 hereof, ) and the Borrower hereby assents to such assignment and pledge.

Appears in 1 contract

Samples: Loan Agreement (Westlake Chemical Corp)

AutoNDA by SimpleDocs

Assignment by the Authority. It is understood, agreed and acknowledged that the Authority will assign to the Trustee pursuant to the Indenture certain of its rights, title and interests in and to this Agreement (reserving its rights, however, pursuant to sections of this Agreement providing that notices, reports and other statements be given to the Authority and also reserving its rights to reimbursement and payment of costs and expenses under Section 4.3 hereof and its individual and corporate rights to exemption from liability under Sections 6.2, 6.3, 6.8 and Section 10.13 hereof, hereof and the Borrower hereby assents to such assignment and pledge.

Appears in 1 contract

Samples: Loan Agreement (Westlake Chemical Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.