Assignment; Payments Sample Clauses

Assignment; Payments. The Security Trustee may at any time sell, assign, transfer or otherwise dispose of its interest in the Lease, this Assignment, and in the property and security created thereby and hereby, but only in accordance with the express provisions of the Security Agreement and other Operative Agreements. Republic shall not assign, delegate, pledge or otherwise encumber any of its rights or obligations hereunder except as provided herein.

Assignment; Payments. The Assignee may at any time sell, assign, transfer or otherwise dispose of its interest in the Lessee Assignment or this Assignment and in the property and security created thereby and hereby, but only in accordance with the express provisions of the Mortgage. The Assignor shall not assign, delegate, pledge or otherwise encumber any of its rights or obligations hereunder.

Assignment; Payments. The Guarantor hereby consents to the assignment by the Owner Trustee of its rights and interests in this Guaranty Agreement to the Indenture Trustee pursuant the terms and conditions set forth in the Indenture. Notwithstanding a other provision of this Guaranty Agreement to the contrary, all amounts payable hereunder to the Owner Trustee shall be paid by the Guarantor directly to the Indenture Trustee as provided in the Indenture, a copy which has been provided to the Guarantor, for so long as the Indenture has not been discharged in accordance with its terms and thereafter to Owner Trustee. Without limiting the foregoing, the Guarantor hereby further consents and agrees that the Indenture Trustee may make any claim or take any other action or proceeding hereunder either in its ow name or in the name of the Owner Trustee as the Indenture Trustee may deem necessary or appropriate to protect and preserve the right, title interest of the Indenture Trustee and the holders of the Notes outstand under the Indenture in the rights afforded hereby. So long as the Indenture has not been discharged in accordance with its terms, the Guarantor hereby agrees that, except as otherwise provided in the Indenture, the Indenture Trustee shall be entitled to the benefits of the rights of the Owner Trustee (but not th Owner Participant) under this Guaranty Agreement and to enforce all such rights as though the Indenture Trustee were named herein as the Owner Trustee. The Guarantor acknowledges that neither the Indenture Trustee nor any holder of the Notes shall have any obligation to perfor any duty, covenant or condition hereunder, including any duty, covenant or obligation required to be performed by the Owner Trustee. The Guarantor further acknowledges and agrees that the rights of the Indenture Trustee and each holder of the Notes in and to any payments hereunder in respect of obligations assigned by the Owner Trustee to th Indenture Trustee and any other payments due to the Indenture Trustee and each holder of the Notes hereunder shall not be subject to any defense, setoff, or recoupment or reduction of any kind for any reason whatsoever (whether asserted by counterclaim or otherwise). The provisions of this Section 9 shall in no way prohibit or restrict the Guarantor from maintaining any direct cause of action against the Owner Participant, the Owner Trustee, any holder of a Note or the Indenture Trustee for any breach of their respective obligations under any of the Ope...

Assignment; Payments