Assignment Property Assigned Sample Clauses
The "Assignment Property Assigned" clause establishes that a specific property or right is being transferred from one party to another. In practice, this clause identifies the exact asset, intellectual property, or contractual right that is subject to assignment, ensuring there is no ambiguity about what is being transferred. By clearly defining the property assigned, the clause helps prevent disputes over ownership and ensures both parties understand the scope of the assignment.
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Assignment Property Assigned. Borrower and Lender intend, and Borrower hereinafter absolutely and unconditionally assigns to Lender as collateral security the following property, rights, interests and estates, whether now owned, or hereafter acquired (the "Assignment Property"):
(a) Rents and Revenues. Any and all Rents and Revenues;
(b) Debtor Relief Claims. Any and all Debtor Relief Claims;
Assignment Property Assigned. Borrower and Lender intend, and Borrower hereinafter absolutely and unconditionally assigns and grants to Lender the following property, rights, interests and estates, whether now owned, or hereafter acquired (the "Assignment Property"):
Assignment Property Assigned. Borrower hereby irrevocably, absolutely and unconditionally assigns, sets over and transfers to Lender all of Borrower’s right, title and interest in and to (but none of Borrower’s obligations under) all current and future Leases and Rents arising with respect to the Property, all proceeds or streams of payment arising from the sale or other disposition of all or any of the Leases or Rents, and the right to receive and apply the Rents to the payment of the Debt and to do all other things which Borrower or any lessor is or may become entitled to do under the Leases or the Lease Guaranties or with respect to the Rents (collectively, “Assigned Property”). The “Assigned Property” shall include all sums payable to Borrower or to be received by Borrower in consideration of any termination, modification or amendment of any Lease or any release or discharge of any tenant under any Lease from any obligation thereunder; and, upon Borrower’s receipt thereof, Borrower shall deposit such sums with Lender to be held by Lender as additional