Future Assignment Clause Samples
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Future Assignment. During the period commencing on January 1, 2014 and ending five (5) years thereafter, LME shall assign to E Sub, and E Sub shall in turn sell to UPLLC, for no additional consideration, for each such year an aggregate of 100 Patents (20 of which shall be United States Patents), each with no less than three (3) years remaining prior to expiration, selected by LME in its sole discretion; provided that LME may choose to accelerate such contribution to be made at one time or over a shorter period of time. The assignment of the Patents by LME to E Sub and the sale by E Sub of such Patents to UPLLC shall be on the same terms and conditions as those set forth in the LME Patent Assignment Agreement and the E Sub Patent Assignment Agreement, as applicable, and for administrative ease, each Party agrees that E Sub may direct LME or any of its Affiliates to assign and convey such Patents directly to UPLLC in satisfaction of its obligations pursuant to this Section 6.3. The assignment of the Patents by LME and the sale of Patents by E Sub pursuant to this Section 6.3 shall also be explicitly conditioned on UPLLC’s execution and delivery to LME a notification letter in the same form attached hereto as Exhibit 5.1(m) with respect to such Patents.
Future Assignment. Assignee does not have any further authorization to assign the Contract without the express written consent of Assignor.
Future Assignment. Interconnection Customer understands and agrees that any assignee of this GIA shall either, simultaneous with the assignment of this GIA,
(i) join as a party to that certain Amended and Restated Shared Facilities Agreement dated December 10, 2009, between G595, G735 and J091 (the “Shared Facilities Agreement”) and that certain Common Facilities Agreement dated December 10, 2009 between G735 and J091 (the “Common Facilities Agreement”) or (ii) enter into a shared facilities agreement with G595 and G735 that includes Section 4.1 and 6.3 of the Shared Facilities Agreement and a common facilities agreement with G735 that includes Section 4.1 and 6.3 of the Common Facilities Agreement.
Future Assignment. The Assignor hereby covenants and warrants that a further assignment of Leases or Rents shall not be granted unless the Assignor provides the Assignee with an acknowledgement from any subsequent creditor that this Agreement shall have full priority over any such further assignment.