Cross assignment Sample Clauses
A cross assignment clause allows the rights and obligations under a contract to be transferred between parties, often in situations involving multiple related agreements or entities. In practice, this means that if one party assigns its interests in one agreement, related rights or obligations in connected agreements are also automatically assigned, ensuring consistency across all relevant contracts. The core function of this clause is to prevent fragmentation of contractual relationships and to maintain alignment among interconnected agreements, thereby reducing the risk of conflicting obligations or gaps in coverage.
Cross assignment. Any assignment to perform spoken language interpretation for a superior court other than the interpreter’s home court where the interpreter actually travels outside of their home court to an away court.
Cross assignment. When employees are asked to perform functions exclusively of another classification, or functions shared with another classification but rarely performed within their own classification, the following strategy will be used:
14.1.1 Management will seek appropriately trained volunteers within the clinic, shift and classification first;
14.1.2 If the function is not able to be performed by a volunteer, or a volunteer rescinds their decision (with at least five (5) days advance notice prior to the drafting period of the new schedule) and there is no other volunteer, Management will assign the function to the least senior, appropriately trained staff member within the clinic, shift and classification.
14.1.3 Assigning the function to an employee who has not volunteered will not be a long term substitution for seeking and training volunteers. Management will use reasonable effort to seek volunteers to train to perform the function while an assigned employee is performing the function.
Cross assignment. Notwithstanding any provision in this Indenture and Servicing Agreement, the Issuer shall not receive any distributions pursuant to Section 4.04(b)(x)(E), Section 4.05(b) and Section 4.05(d) (collectively, the "99-1 Distributions") during any period of time that any amount remains payable to the Noteholders, the Trustee, the Servicer, the Back-up Servicer or the Note Insurer and any such amounts shall be deposited to or remain on deposit in the Reserve Account, as applicable. Upon payment in full of all amounts to the Noteholders, the Trustee, the Servicer, the Back-up Servicer, and the Note Insurer, the Trustee shall pay (i) all amounts otherwise payable to the Issuer to the "Trustee" for deposit under the "Indenture and Servicing Agreement" and the other "Transaction Documents" to the "Reserve Account" as such terms are defined in and pursuant to that certain Indenture and Servicing Agreement dated as of March 31, 1999, among Midland Funding 98-A Corporation, as "Issuer" ("Funding 98-A"); Well▇ ▇▇▇go Minnesota Bank N.A., fka Norwest Bank Minnesota, National Association, as Trustee and Back-Up Servicer; Midland Credit Management, Inc., as Servicer; and Asset Guaranty Insurance Company, as Note Insurer (the "99-A Indenture") provided that if at such time all amounts payable under the 99-A Indenture and the "Transaction Documents" related thereto, as defined in the 99-A Indenture have been paid to the "Noteholders," the "Trustee," the "Servicer," the "Back-up Servicer" and the "Note Insurer" as each are defined in and pursuant to the 99-A Indenture, then amounts payable to the Issuer shall be so paid to the Issuer pursuant to this Indenture and Servicing Agreement. Any amounts received by the Trustee from the "Trustee" under the 99-A Indenture shall be deposited by the Trustee into the Reserve Account, shall for all purposes become part of the Reserve Account, and shall be held, invested, and disbursed by the Trustee pursuant to the Indenture and Servicing Agreement. The Issuer is willing to agree to the terms of this Section 12.12 in consideration of (i) the amendments made to the terms of the First Amendment hereto, dated as of September 22, 2000; and (ii) the similar cross-assignment by Funding 99-A in that certain Third Amendment to Indenture and Servicing Agreement regarding the 99-A Indenture of even date therewith, and further agrees that the "Trustee" under the 99-A Indenture and the "Note Insurer" thereunder are entitled to enforce the Issuer's rig...
