Irrevocable Assignment. The powers and authority granted to the Assignee herein have been given for a valuable consideration and are hereby declared to be irrevocable and may not be amended or waived except by an instrument in writing signed by the party against whom enforcement is sought.
Irrevocable Assignment. This Assignment is irrevocable and shall remain effective with respect to Assignor until written approval of such revocation shall be furnished to the Assignor by Assignee.
Irrevocable Assignment. The Assignment is irrevocable. No event of termination or release shall have any effect unless and until the City shall execute, in writing, a certification that such event has occurred; and until such certification is so executed by City and delivered, all persons may rely upon this Agreement as an effective assignment of the rights, privileges and property interests, as hereinabove described.
Irrevocable Assignment. Borrower shall, prior to the first disbursement of the Term Loan, execute and deliver to PFG an Irrevocable Assignment of Loan Proceeds and Consent in the form of Exhibit A hereto (the “Assignment”). Disbursement of the Term Loan is conditioned on the Senior Lender also executing and delivering the Assignment to PFG. If, for any reason, notwithstanding the Assignment, the Borrower receives proceeds of Senior Loans Borrower shall hold the same in trust for PFG and remit the same to PFG within one business day of receipt of the same, to the extent a Mandatory Prepayment or other payment on the Term Loans is due.
Irrevocable Assignment. The Company hereby irrevocably assigns to PFG all of its right, title and interest in and to all loans, advances or other sums now or hereafter due from the Senior Lender to the Company (the “Assigned Funds“) under the Accounts Receivable Financing Agreement between Borrower and Senior Lender dated June 30, 2003, as amended, and any other present or future loan or similar agreement (collectively, the “Loan Agreement“).
Irrevocable Assignment. The Assignment of Assets is irrevocable. No event of termination or release shall have any effect unless and until the City executes and delivers a written certification that such event has occurred; and until such certification is delivered by the City, all persons may rely upon this Agreement as an effective assignment of the rights, title, interest, and obligations.
Irrevocable Assignment. It is understood by the parties that it is the intent of this Agreement to assign and transfer all right, title and interest in the QCT technology to Assignee and that Assignor shall have no right or title in the QCT technology whatsoever.
Irrevocable Assignment. The Company’s ownership of all Company Inventions that are made, authored, conceived, developed or reduced to practice by Executive, either alone or jointly with others, during the period of Executive’s employment with the Company, as assigned to the Company pursuant to this Agreement or by operation of law, shall not be subject to revocation or rescission in the event of a dispute between the Company and Executive concerning payment of compensation or benefits to Executive, unless Executive proves that the Company acquired ownership thereof fraudulently.
Irrevocable Assignment. The Assignment of Assets and the Assignment of Contracts are irrevocable. No event of termination or release shall have any effect unless and until the Successor Agency executes and delivers a written certification that such event has occurred; and until such certification is delivered by the Successor Agency, all persons may rely upon this Agreement as an effective assignment of the rights, title, interest, and obligations.
Irrevocable Assignment. By the present Contract, the Originator, in a free and voluntary way and without any defect of consent, assigns in an absolute and irrevocable way in legal and accounting terms to the NUEVATEL - BDP SC 049 Investment Trust, represented and administered by the Securitization Company, the right of dominion over the Future Flows as of the next business day of the signature of this contract, deposited in the Hoarding Accounts from July 1st, 2020 and thereafter from the first (1st) day of each month, up to the amounts specified in Article Nine and in accordance with the terms of Articles Eleventh and Forty-fifth of this contract. ------------------------------------------------------------------------------------------------------------------- In this sense, the Future Flows are defined in section 2.25 of this document. Likewise, the Future Flows assigned, up to the amount established in this Contract and according to its terms, correspond to the Investment Trust since they are deposited in the Hoarding Accounts defined in section 2.12.8 by the Originator. ----------------------------------------------------------------------------------- In no case, shall the present Assignment be able to be considered as an Assignment of Credit Rights, therefore, the Investment Trust only has rights over the Future Flows coming from NUEVATEL's income received in the Hoarding Accounts. ---------------------------------------------------
