Common use of Security Assignment Clause in Contracts

Security Assignment. (a) In respect of the Security Assignment: (i) A copy of the Security Assignment; (ii) A copy of the documents transferring the benefit of the intra-group receivables in relation to the Pledged Companies to Jersey Debtco; (iii) A copy of the board resolutions of Jersey Debtco in relation to the Security Assignment and financial assistance; and (iv) A copy of the shareholder resolutions of Jersey Debtco in relation to the Security Assignment and financial assistance (as referred to in the board resolutions of Jersey Debtco).