Assignment Requirements Sample Clauses

Assignment Requirements. ‌ The Lessee covenants with the Lessor that the Lessee: a) Will not assign sublet transfer or part with possession of the land or any part of the land or mortgage charge or encumber the Lessee's interest under this Lease without the written consent of the Lessor and the Minister for Lands. b) Will at the time of applying for consent have remedied all existing breaches of which the Lessee has been advised in writing of (if any) on the part of the Lessee under this lease. c) Will before, or at the time of, applying for consent submit to the Lessor a true copy of all transfers assignments agreements and other instruments to be entered into in respect of any proposed dealing with this lease or the land or the Lessee's interest therein and in the case of a proposed transfer assignment or subletting the Lessee will submit evidence satisfactory to the Lessor that the proposed transferee assignee or subtenant is respectable responsible solvent and suitable. d) ▇▇▇▇, if so required by the Lessor, before any proposed assignment transfer or subletting is effected procure from the proposed assignee transferee or subtenant a direct covenant with the Lessor to observe the terms and conditions of this lease and the performance of the Lessee's obligations under this lease as the Lessor may require.

Assignment Requirements. Any Lender may at any time and from time to time assign to one or more Assignees all or any part of its Credit Exposure pursuant to a supplement to this Agreement, substantially in the form of Exhibit I hereto (an "ASSIGNMENT AGREEMENT"), executed by such Assignee, such transferor Lender, the Agent and, if required pursuant to clause (iii) of Section 10.4(c) above, the Borrower. Upon (i) such execution of such Assignment Agreement, (ii) delivery to the Agent of any consent required pursuant to Section 10.4(c) above and a copy of the Assignment Agreement and (iii) payment of a $3,500 fee to the Agent for processing of such assignment, and subject to acceptance and recording of such Assignment Agreement pursuant to subsection (h) below, such assignment shall become effective on the effective date specified in such Assignment Agreement, which effective date shall be at least five (5) Business Days after delivery of such Assignment Agreement (or such shorter period agreed to by the Agent), such transferor Lender shall be released from its obligations hereunder to the extent of such assignment and such Assignee shall for all purposes be a Lender party to this CKE SIXTH AMENDED AND RESTATED CREDIT AGREEMENT Agreement and shall have all the rights and obligations of a Lender under this Agreement to the same extent as if it were an original party hereto, and no further consent or action by the Borrower, the Lenders or the Agent shall be required. Such Assignment Agreement shall be deemed to amend this Agreement to the extent, and only to the extent, necessary to reflect the addition of such Assignee as a Lender and the resulting adjustment of the Commitments, if any, arising from the purchase by such Assignee of all or a portion of the Credit Exposure of such transferor Lender.

Assignment Requirements. Any Lender may at any time and from time to time assign to one or more Assignees all or any part of its Credit Exposure pursuant to a supplement to this Agreement, substantially in the form of Exhibit I hereto (an "ASSIGNMENT AGREEMENT"), executed by such Assignee, such transferor Lender, the Administrative Agent and, if required pursuant to clause (iii) of Section 10.4(c) above, the Borrower. Upon (i) such execution of such Assignment Agreement, (ii) delivery to the Administrative Agent of any consent required pursuant to Section 10.4(c) above and a copy of the Assignment Agreement and CKE SEVENTH AMENDED AND RESTATED CREDIT AGREEMENT

Assignment Requirements. The Initial Share Purchase Price minus the Estimated Revenue Adjustment shall not be less than $250,000,000; provided that, unless either party exercises the Specified Fund Election pursuant to Section 6.5, for purposes of calculating the Estimated Revenue Adjustment for purposes of this Section 6.1(c) only, any Interim Advisory Contract with a Specified Fund for which the Sellers have not obtained the required shareholder consent necessary to enter into a New Advisory Contract pursuant to the Investment Company Act shall not be included as a Continuing Account.

Assignment Requirements. Until the aggregate of OPEXA's stated capital and capital surplus accounts equals or exceeds two million dollars ($2,000,000), OPEXA may not assign or attempt to assign any rights under this Agreement. Except as limited by this Paragraph 13.1 hereof, a sale by OPEXA of all or substantially all of its assets, or merger or other consolidation shall not constitute an assignment for purposes hereof, and OPEXA shall be free to enter into any such sale, merger or other consolidation, so long as the successor entity acknowledges its consent and agreement to the terms hereof in writing.

Assignment Requirements. In the event of an assignment of all ----------------------- or a portion of the Premises, each assignee shall assume and be deemed to have assumed this Lease and shall be and remain liable jointly and severally with Tenant for the payment of the Basic Rent, Additional Rent and any other sums due hereunder and for the total performance of all of the terms, covenants, conditions and agreements herein contained on Tenant's part to be performed during the Term of this Lease. No assignment of this Lease shall in any way relieve Tenant from its obligations under this Lease. No assignment shall be binding on Landlord unless such assignee shall deliver to Landlord a counterpart of such assignment and an instrument in recordable form which contains a covenant of assumption by the assignee; but the failure or refusal of the assignee to execute such instrument of assumption shall not release or discharge the assignee from its liability as set forth above.

Assignment Requirements. The leases contain assignment provisions permitting the assignment of the leases but only for the entire lease and only with the express written approval of the State Board of Land Commissioners. The assignment provisions further require that the “Lessee shall submit a signed copy of any mining agreement entered into affecting the possessory title to any of the land hereby leased for approval by the Lessor.” The assignment provision further provides that all overriding royalties “to be valid” must have the approval of the Board of Land Commissioners.

Assignment Requirements. No Assignment by the Customer of its rights and obligations under this agreement may be made or effected unless the Customer at the same time also assigns, transfers or disposes of (its interest in) the Customer's Facilities to the proposed assignee. No Assignment by the Dedicated Assets Provider of its rights and obligations under this agreement may be made or effected unless the Dedicated Assets Provider at the same time also assigns, transfers or disposes of (its interest in) the Dedicated Assets to the proposed assignee. If the Customer or the Dedicated Assets Provider (as applicable) proposes to assign all its rights in accordance with clause 18.3(a) the Customer or the Dedicated Assets Provider (as applicable) must ensure that the proposed assignee: (i) enters into a deed in form and substance satisfactory to TransGrid under which the proposed assignee assumes all of the obligations and liabilities of the assignor under this agreement, including those arising prior to the Assignment and not then performed or discharged; (ii) obtains all requisite authorisations for the Assignment and assumption; (iii) in the case of an assignment by the Customer, procures the Credit Support; and (iv) has sufficient technical expertise to operate the Customer's Facilities or the Dedicated Assets (as applicable).