2021 Partial Assignment definition
Examples of 2021 Partial Assignment in a sentence
By execution of this Sixth Amendment and upon WDD Golf providing to City a copy of the fully-executed (i) 2021 Partial Assignment; (ii) Memorandum of the 2021 Topgolf Lease; and (iii) Reimbursement Agreement, the City hereby consents to the 2021 Partial Assignment and releases WDD Golf from its obligations assumed pursuant to the Third Amendment, except as hereinafter set forth.
If and when the Purchase Contract closes and in accordance with Section 8.01 of the Original Development Agreement, WDD Golf and BS Golf will enter into the 2021 Partial Assignment, whereby WDD Golf will assign to BS Golf, and BS Golf will assume from WDD Golf, its obligations under the Third Amendment and this Sixth Amendment and its right to reimbursement from Tax Revenues or proceeds of the Series 2017 STAR Bonds for any and all costs related to the Phase B Project.
The $1,000,000 of Secretary re-allocated Series 2017 Bond proceeds shall be transferred from the Phase B Project Account of the 2017 Bond Project Fund and deposited into the Phase A Project Account of the 2017 Bond Project Fund, upon evidence of execution of the 2021 Partial Assignment.