Property Assignment Clause Samples

A Property Assignment clause transfers ownership or rights to specific property from one party to another under the terms of an agreement. This clause typically outlines what property is being assigned—such as intellectual property, real estate, or equipment—and specifies the effective date and any conditions for the transfer. Its core function is to ensure a clear and legally binding transfer of property rights, thereby preventing future disputes over ownership or usage.
Property Assignment. Assignor hereby perpetually, irrevocably, and unconditionally assigns, transfers, and conveys to Assignee and its successors and assigns, all of Assignor’s right, title, and interest in and to the Assigned Property. Assignor further perpetually, irrevocably, and unconditionally assigns, transfers, and conveys to Assignee and its successors and assigns all claims for past, present and future infringement or misappropriation of the Intellectual Property Rights included in the Assigned Property, including all rights to s▇▇ for and to receive and recover all profits and damages accruing from an infringement misappropriation prior to the Effective Date as well as the right to grant releases for past infringements. Assignor hereby waives and agrees not to enforce all Moral Rights and all Personality Rights that Assignor may have in the Assigned Property. On the Effective Date, WRMT shall exclusively own all right, title, and interest in and to the Assigned Property.
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Property Assignment. 38.1 The Siksika Nation will recognize a beneficiary of the deceased that is named in the Property Assignment, Schedule B of the Homeownership Agreement, as the lawful heir with sole ownership rights to the premise. 38.2 The beneficiary will be required to complete the process outlined in Section 30 to have the Certificate of Homeownership transferred. 38.3 The Siksika Housing will treat the transfer as an approval and follow the guidelines outlined in Section 31 of this Policy. 38.4 A private homeowner can change their beneficiary at any time by filing a new Property Assignment with Siksika Housing. IT IS UNDERSTOOD AND AGREED that the Releaser had the opportunity to inspect the Siksika House and observe its physical characteristics and existing conditions; AND IT IS UNDERSTOOD AND AGREED that the Siksika Nation has made no representation or warranty whatsoever with respect to the Siksika House, including any representation or warranty of (a) merchantability; or (b) fitness for a particular purpose; AND IT IS UNDERSTOOD AND AGREED that the Releaser has not relied on any representation or warranty made by the Siksika Nation, or any other person on the Siksika Nation’s behalf; AND IT IS UNDERSTOOD AND AGREED that in the event the Releasor should hereafter commence any proceedings involving any Claims against the Siksika Nation relating to the matters dealt with in this release, this document may be raised as an estoppel to any such Claims in the proceedings; AND IT IS UNDERSTOOD AND AGREED in the event the Releasor commences any such proceedings, the Releaser undertakes and agrees to indemnify the Releasee, on a solicitor and client basis, in respect of any legal fees incurred in relation to any such Claims; AND FOR THE AFORESAID CONSIDERATION the Releasor hereby acknowledges, declares and agrees that it is satisfied with the information provided and has no outstanding requests for information, that it has had sufficient time and opportunity to seek independent legal and other professional advice with respect to the terms of this release, that it understands the terms of this release and voluntarily accepts the consideration referred to above for the purpose of the conditional approval for private homeownership, and represents and warrants that it has not been induced to enter into this release by reason of any representation or warranty of any nature or kind whatsoever; THIS RELEASE SHALL BE BINDING upon and shall enure to the benefit of the respective suc...
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Property Assignment. Notwithstanding anything to the contrary contained herein, each Seller (a) acknowledges and consents that the Purchaser has sold its rights, title and interest in the Property to FIRF who has assigned such rights, title and interest as collateral pursuant to the Security Agreement to the Collateral Agent, for the benefit of the Secured Parties, and (b) agrees to attorn to the Collateral Agent in the event of its succession to the rights and interest of the Purchaser hereunder by reason of foreclosure or otherwise.
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Property Assignment use its reasonable endeavours to procure the consent of the landlord of the leasehold property at Unit ▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇stle Donington to the assignment of the property to the Borrower within 60 days of Completion and shall (within ten working days of the issue of such consent) complete the assignment to the Borrower;
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Related to Property Assignment

  • Intellectual Property Assignment The Assignor assigns to the Company, its successors and assigns, for good and sufficient consideration in connection with execution of the Operating Agreement dated DATE , the entire right, title and interest in Intellectual Property and the associated rights and causes of action (as defined below) relating to the Company. Assignor’s continuing membership in the Company is also conditioned on the assignment to the Company of Assignor’s rights in respect of any Intellectual Property created by Assignor during his/her term of membership in the Company.

  • Lease Assignment A LEASE ASSIGNMENT occurs when all RESIDENT(s) will be vacating the premises during the current lease term. RESIDENT(s) will not assign this LEASE without first obtaining MANAGEMENT’S prior written consent. Any Lease Assignment shall be on MANAGEMENT’S form (Lease Assignment Addendum and Deposit Brief) and it shall be signed by ALL persons therein designated. The New Resident(s) must apply and qualify for occupancy. An approval by MANAGEMENT of a Lease Assignment fully releases the RESIDENT(s) from his/her obligations under the LEASE. The Security Deposit on hand will be transferred to the incoming Resident(s). The Security Deposit disposition will be handled between the Resident(s) moving out and the New Resident(s) moving in. A one hundred dollars ($100.00) Administrative Fee is charged for processing. Airbnb rentals, short term online rentals, and 3rd party rental contracts are not allowed.

  • Work Assignment 8.1 The jurisdiction of the Unions shall be that jurisdiction established by Agreements between International Unions claiming the work or Decisions of Record recognized by the AFL-CIO for the various classifications and the character of work performed, having regard for the special requirements of thermal, nuclear or hydraulic generation and transmission and transformation construction. An Agreement or Decision of Record is one that is published by the Building and Construction Trades Department, AFL-CIO (Agreement and Decisions Rendered Affecting the Building Industry). Where no Decision or Agreement applies, the Employer agrees to consider evidence of established practices within the industry when making jurisdictional assignments. (a) A markup process will be utilized when an Employer intends to perform work on a project site*. The purpose of this markup process is to indicate to the Union the work which is planned to be carried out by the Employer in order to minimize the potential for jurisdictional disputes. (b) When work is to be performed on a project site and it meets the following criteria: same employer, same work, same project site, the markup process will not be required. This procedure shall not preclude a Union’s right to contest previously disputed work. * For the purposes of this Article, Nanticoke, Lambton, Lakeview/▇▇▇▇▇, BNPD, Pickering, Darlington, Lines and Stations and the 5 Electricity Production Zones are each considered individual project sites. In the Electricity Production Zones when work falls within this criteria the EPSCA Office will send out a “Notification of Work” along with a copy of the original minutes of ▇▇▇▇-up meeting(s) to the Local Union prior to work commencing. This procedure shall not preclude the Union’s right to contest previously assigned work, if the work is in a Local Union jurisdiction other than the one it was marked up in. (c) When an Employer has work that is less than 3 weeks duration and there are ten (10) or fewer employees covered by EPSCA Collective Agreements employed on this specific work, the Union and Union affiliates will be notified of the scope of work and the Employer’s proposed work assignments. The Unions will have two (2) weeks from the date of notification to submit jurisdictional claims and supporting evidence to the Employer for consideration. The Employer will notify the Union of the final work assignments prior to the commencement of the work. (d) All work that does not meet the criteria set out in clauses 8.2(b) or 8.2(c) will be reviewed and assigned at a markup meeting. (e) EPSCA will provide written notice to the Union as far in advance as possible of markup meetings. The Unions may attend these markup meetings, and every effort will be made to settle questions of jurisdiction before the work is expected to commence. (f) The Employer who has the responsibility for the work shall make a proposed assignment of the work involved. The Employer shall be responsible for providing copies of proposed assignments to the Union at the markup meeting. The Employer will specify a reasonable time limit for the Unions involved to submit evidence of their claims. The Employer will evaluate all evidence submitted and make a final assignment of the work involved. This final assignment will be in accordance with the procedural rules established by the Plan for the Settlement of Jurisdictional Disputes in the Construction Industry. The Employer will advise the Unions of the final assignments prior to the work commencing. (g) The EPSCA representative will record the proposed assignments and jurisdictional claims and forward a copy of them within fifteen (15) working days to the Union. (h) The parties recognize that circumstances may arise, particularly with discovery and emergency work, where the process set out above may not be practical or possible, however reasonable effort will be made by the Employer to adhere to the appropriate trade jurisdiction.

  • Shift Assignment Should the University elect to establish a shift on any other schedule than the regular day shift (Monday through Friday) or to assign employees to work on any such shift, the employee(s) with the most seniority in the classification affected or to be assigned on such shift shall have preference in moving to such shift. If an insufficient number of employees in the classification elect to move to such shift, then the employee(s) with the least seniority in the classification shall be assigned to such shift. If positions or shifts are reduced or eliminated or movement of personnel to other shifts is required, then the seniority of the affected employee will prevail in the selection of shift, provided the affected employee can do the required work. Such shift preference is only applicable within the employee's classification.

  • Contract Assignment You cannot assign this contract to another person nor sublet any part of the premises.