Assignment for Security Sample Clauses

Assignment for Security. (a) Notwithstanding any other provision of this Agreement, a Party, without the other Parties' consent but, if such assigning Party is then a borrower of the RUS, only with the consent of the Administrator, may assign, transfer, mortgage or pledge its interest in this Agreement as security (an "Assignment for Security") for any obligation secured by any indenture, mortgage or similar lien on its system assets without limitation on the right of the secured party to further assign this Agreement, including the assignment to create a security interest for the benefit of the Government, acting through the Administrator, or for the benefit of any third party.
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Assignment for Security. 9.2.1 Notwithstanding any other provision of this Agreement, a party, without the other party’s consent but, if such assigning party is then a borrower of the RUS, only with the consent of the Administrator, may assign, transfer, mortgage or pledge its interest in this Agreement as security (an “Assignment for Security”) for any obligation secured by any indenture, mortgage or similar lien on its system assets without limitation on the right of the secured party to further assign this Agreement, including, without limitation, the assignment by the Purchaser or the Seller to create a security interest for the benefit of the Government, acting through the Administrator, or for the benefit of any third party.
Assignment for Security. Nothing in this section 12 shall (i) prohibit LICENSEE from assigning or granting a lien on LICENSEE’s rights to payments under this SLA for purposes of collateral security or (ii), except as permitted under subsection 12.10.3. above or with UNIVERSITY’s consent in accordance with section 12.10.1, above, allow LICENSEE to assign its duties and obligations under this SLA.
Assignment for Security. 26 17.2. Notices..................................................26 17.3.
Assignment for Security. (a) To secure the complete and timely payment and satisfaction of the Obligations, Assignor hereby grants to Agent for the benefit of Lenders a continuing security interest in its entire right, title and interest in and to all of its now owned or existing and hereafter acquired or arising: 2 (i) patents, patent applications and patent licenses, including, without limitation, the inventions and improvements described and claimed therein, all patentable inventions and those patents, patent applications and patent licenses listed on Schedule A attached hereto and made a part hereof and the reissues, divisions, continuations, renewals, extensions and continuations-in-part of any of the foregoing, and all income, royalties, damages and payments now or hereafter due and/or payable under or with respect to any of the foregoing with respect to any of the foregoing, including, without limitation, damages and payments for past, present and future infringements of any of the foregoing and the right to sue xxx past, present and future infringements of any of the foregoing (all of the foregoing are sometimes hereinafter individually and/or collectively referred to as the "PATENTS");
Assignment for Security. Nothing in this Section shall (i) prohibit SELLER from assigning or granting a lien on SELLER's rights to payments under this PPA for purposes of collateral security or (ii), except as permitted under Section "Definition of Assignment" above or with BOE's consent in accordance with Section "Consent to Assignment" above, allow SELLER to assign its duties and obligations under this PPA.
Assignment for Security. Each of the Parent and the Borrower hereby collaterally assigns and grants to the Collateral Agent, for the benefit of the Secured Parties, as additional security for the payment and performance in full of the Obligations, a security interest in all of its right, title and interest in and to the SLA Purchase and Sale Agreements, including, without limitation, its right to receive payments pursuant to or in connection with the SLA Purchase and Sale Agreements and its right to receive the Purchased Duty Refund pursuant to Section 7.02 of the SLA Purchase and Sale Agreements. Neither this Amendment, nor any action taken by any Agent or any Lender pursuant hereto, shall cause any Agent or any Lender to be deemed to have assumed any of the obligations or liabilities of the Parent or the Borrower under the SLA Purchase and Sale Agreements.
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Assignment for Security. Palace Entertainment’s possessory interest in Palace Entertainment’s improvements under the terms of this Agreement, for the purposes of affording security only, may be assigned, transferred or encumbered when first consented to in writing by Cal Expo. Cal Expo shall give such consent upon verification that such assignee is a responsible commercial lender and that such assignment is made consistent with the requirements and restrictions of this Agreement. No mortgage shall be executed and no bonds or other evidence of interest in, or indebtedness upon the assets or proposed assets of Palace Entertainment shall be issued except for the purposes of acquiring, installing, enlarging or improving plant and equipment and extending facilities for the accommodation of the public, and then only upon prior consent in writing in each case obtained from Cal Expo. In the event of breach and foreclosure on such mortgage or such other indebtedness or of other assignment, transfer or encumbrance, the purchaser under the foreclosure sale, shall succeed to the possessory interest of Palace Entertainment. Under these circumstances, operating rights and privileges shall be as outlined in this Agreement, however, the right of any person or persons to actually operate the said premises is subject to the consent of Cal Expo.
Assignment for Security. Nothing in this paragraph 17 shall (i) prohibit LICENSEE from assigning or granting a lien on LICENSEE’s rights to payments under this SPPA for purposes of collateral security or (ii), except as permitted under section 17.3. above or with UNIVERSITY’s consent in accordance with section 17.4,above, allow LICENSEE to assign its duties and obligations under this SPPA.
Assignment for Security. The Manager understands that the Company will assign to, and grant to the Agent and the Lenders under the Security Agreement a security interest in, all of its right, title and interest to this Agreement. The Manager consents to such assignment and grant and further agrees that all representations, warranties, covenants, and agreements of the Manager made herein shall also be for the benefit of and inure to the Agent and the Lenders.
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