Assignment of Receivable Sample Clauses

Assignment of Receivable. 9.1. The Customer cannot assign his rights hereunder. However, the Customer agrees that the Bank may assign all rights and receivables hereunder in part and/or in full, that the Bank may give the information and documents of the Customer in relation to the assigned receivable to the public and/or private, real and/or legal persons who assign and/or will assign and/or request the assignment, in the process of assignment of the Bank's rights and receivables arising from the Agreement.
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Assignment of Receivable. 44 ARTICLE XIII PIGGY-BACK REGISTRATION RIGHTS ...............................44
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Assignment of Receivable. Prior to the Closing Date, the Shareholders shall accept assignment and assume any and all receivables related to the receivables identified on Schedule 10.1 and Shareholders shall assume any liabilities related to the transaction and any liabilities related to any of the invoice parties for those receivables identified on Schedule 10.1. The Shareholders shall retain all legal claims and counterclaims with respect to the those receivables identified on Schedule 10.1 The receivables identified on Schedule 10.1 shall not be included in the Net Asset Amount set forth in Section 2.3(b). PIGGY-BACK REGISTRATION RIGHTS
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Assignment of Receivable. Each of the Purchasers shall cause the Company to execute and deliver at the Closing an assignment of all rights of the Company to receive the first $225,000 paid by Xxxxx Xxx, d/b/a Arkansas Imaging with respect to that certain Stipulation for Entry of Judgment, Case No. 315251 in the Superior Court of California, County of Riverside, or any other payment made by Xx. Xxx (the "Arkansas Imaging Judgment"), a form of which is attached hereto as Exhibit C.
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Assignment of Receivable. The amount payable in respect of the portion of the purchase price under Section 2.2 (b) hereof, which may be adjusted in accordance with Section 3.6 (c) hereof, shall, in accordance with Section III/5 of the Resolution, be assigned by the Seller without consideration to the Ministry of Labor and Social Affairs for the purposes of pension insurance, including interest payable on the assigned portion of the purchase price under Section 2.3 hereof. Subsequently, this amount shall be set off between the Ministry of Labor and Social Affairs and the Purchaser against the amount payable to the Purchaser in respect of the purchase price under the Agreement with the Ministry of Labor and Social Affairs. Notwithstanding the stated maturity of the portion of the purchase price under Section 2.2 (b) hereof, the Purchaser shall not be in default with its payment until the date of Draft Settlement, if the Draft Settlement is to be made under this Agreement, and the assignment of the amount payable in respect of this portion of the purchase price to the Ministry of Labor and Social Affairs.
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Related to Assignment of Receivable

  • Notification of Assignment of Receivables At any time following the occurrence of an Event of Default or a Default, Agent shall have the right to send notice of the assignment of, and Agent's security interest in, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Account and added to the Obligations.

  • Collection of Receivables Except as otherwise provided in this Security Agreement, such Grantor will collect and enforce, at such Grantor’s sole expense, all amounts due or hereafter due to such Grantor under the Receivables owned by it.

  • Transfer of Receivables Pursuant to the Sale and Servicing Agreement, the Purchaser will assign all of its right, title and interest in, to and under the Receivables and other assets described in Section 2.1

  • Reconveyance of Receivables In the event that an Originator has paid to the Company the full Outstanding Balance of any Receivable pursuant to Section 3.3, the Company shall reconvey such Receivable to such Originator, without representation or warranty, but free and clear of all liens, security interests, charges, and encumbrances created by the Company.

  • Purchase of Receivables (a) Effective on the date hereof, in consideration for the Purchase Price and upon the terms and subject to the conditions set forth herein, Originator does hereby sell, assign, transfer, set-over and otherwise convey to Buyer, without recourse (except to the extent expressly provided herein), and Buyer does hereby purchase from Originator, all of Originator's right, title and interest in and to all Receivables existing as of the close of business on the Business Day immediately prior to the date hereof and all Receivables thereafter arising through and including the Termination Date, together, in each case, with all Related Security relating thereto and all Collections thereof. In accordance with the preceding sentence, on the date hereof Buyer shall acquire all of Originator's right, title and interest in and to all Receivables existing as of the close of business on the Business Day immediately prior to the date hereof and thereafter arising through and including the Termination Date, together with all Related Security relating thereto and all Collections thereof. Buyer shall be obligated to pay the Purchase Price for the Receivables purchased hereunder in accordance with Section 1.2. In connection with consummation of the Purchase Price for any Receivables purchased hereunder, Buyer may request that Originator deliver, and Originator shall deliver, such approvals, opinions, information, reports or documents as Buyer may reasonably request.

  • Repurchase of Receivables In the event of a breach of any representation or warranty set forth on Exhibit A which materially and adversely affects the interests of the Issuer or the Securityholders and unless the breach shall have been cured by the last day of the second Collection Period following the Collection Period in which the discovery of the breach is made or notice is received, as the case may be (or, at the option of the RPA Seller, the last day in the first Collection Period following the Collection Period in which such discovery is made), the RPA Seller shall repurchase such Receivable. In consideration of the purchase of any such Receivable, on the related Payment Date, the RPA Seller shall remit an amount equal to the Warranty Purchase Payment in respect of such Receivable to the Purchaser and shall be entitled to receive the Released Warranty Amount. Upon any such repurchase, each of the Purchaser and the Issuer shall, without further action, be deemed to transfer, assign and otherwise convey to the RPA Seller, without recourse, representation or warranty, all the right, title and interest of either the Purchaser or the Issuer in, to and under such repurchased Receivable, all monies due or to become due with respect thereto and all proceeds thereof. The Purchaser, the Issuer, the Owner Trustee, the Delaware Trustee or the Indenture Trustee, as applicable, shall execute such documents and instruments of transfer or assignment and take such other actions as shall reasonably be requested by the RPA Seller to effect the conveyance of such Receivable pursuant to this Section. The sole remedy of the Purchaser, the Issuer, the Trustees or the Securityholders with respect to a breach of the RPA Seller’s representations and warranties pursuant to Section 2.03(a) shall be to require the RPA Seller to repurchase the related Receivables pursuant to this Section.

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