assignment definition
Examples of assignment in a sentence
As a condition of Executive’s employment, Executive is required to execute the Confidential Information, Inventions Assignment, Non-Solicitation and Non-Competition Agreement, attached hereto as Exhibit A (the “Confidentiality Agreement”), prior to or on the Commencement Date.
The Administrative Agent, acting solely for this purpose as a non-fiduciary agent of the Borrower (the “Registrar”), shall maintain at one of its offices a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, the principal amounts and stated interest of the Term Loans owing to each Lender pursuant to the terms hereof from time to time (the “Register”).
For purposes of determining compliance with Sections 12.07(b)(v) and 12.07(b)(vi) above, the Administrative Agent and assigning Lender may rely upon the representations and warranties of the proposed assignee Lender absent manifest error disclosed on the face of the applicable Assignment and Assumption; it being agreed that neither the Administrative Agent nor any assigning Lender shall have any duty of inquiry to determine such compliance.
This represents my entire understanding with the Company with respect to the subject matter of this Agreement and supersedes all previous understandings, written or oral, regarding the subject matter of this Agreement (including without limitation my undated Employee Confidential Information and Inventions Assignment Agreement with the Company (f/k/a Klustr, Inc.).
This Agreement (together with Exhibit A) contains the entire understanding of Executive and the Company with respect to employment of Executive and supersedes any and all prior understandings, written or oral, including without limitation, Executive’s offer letter with the Company (f/k/a Klustr, Inc.), dated November 1, 2024, and Executive’s undated Employee Confidential Information and Inventions Assignment Agreement with the Company (f/k/a Klustr, Inc.).