Charge and Assignment definition
Examples of Charge and Assignment in a sentence
Unless otherwise explicitly set forth in this Agreement or in the Deed of Charge and Assignment, the Security Trustee shall not be obliged to supervise the discharge of the payment and other obligations of the Issuer arising from the Funding and the Transaction Documents or to carry out duties which are the responsibility of the management of Driver UK Master S.A.
The Notes and the obligations of the Issuer under the Transaction Documents will be secured by and in accordance with the provisions of the Trust Agreement, the Deed of Charge and Assignment and the Assignation in Security on the Closing Date.
This Deed of Charge and Assignment is entered into subject to the terms of the Intercreditor Agreement dated on or about the date of this Deed (as amended from time to time).
This Deed of Charge and Assignment is entered into subject to the terms of the Intercreditor Agreement dated on or around the date of this Deed (as amended from time to time).
The assets of the Issuer are not encumbered with rights of third parties ("Encumbrances"), other than, upon execution of the Trust Agreement, the Deed of Charge and Assignment and the Assignation in Security, the Encumbrances under the Trust Agreement, the Deed of Charge and Assignment and the Assignation in Security.
All security created under this Deed does not affect the security created by the ABL Deed of Charge and Assignment.
By and pursuant to the Deed of Charge and Assignment dated 26 July 2001 made between, amongst others, the Issuer and the Trustee (the "Security Deed" which expression includes any supplemental deeds of charge or assignations in security entered into pursuant thereto) the Issuer created in favour of the Trustee various Security Interests (as defined in the Security Deed) (including, without limitation, various charges, conveyances, transfers, assignments and assignations) in relation to certain assets.
Borrower agrees that the process by which any Proceedings are begun under this Agreement, the Equity Support Agreement, the Offshore Deed of Charge and Assignment or the Offshore Assignment of Subordinated Advances may be served on it by being delivered to [●] or its registered office for the time being.
The Controlling Shareholder and the Founder shall have entered into a Charge and Assignment of Shares, a form of which is attached hereto as Exhibit J, for the benefit of the Investors to pledge the Founder's shares in the Company to the Investors to guarantee the Company's obligation to redeem the Series A Convertible Preference Shares held by the Investors as set forth in the Articles of Incorporation.
The Swap Collateral Account Bank agrees that promptly upon receipt of a notice of charge and assignment signed by the Issuer, in the form of notice set out in Part 1 (Notice of Charge and Assignment) of Schedule 2 (Form of Notices) hereto, the Swap Collateral Account Bank shall sign and duly return to the Issuer, with a copy to the Security Trustee, an acknowledgement in (or substantially in) the form of acknowledgement set out in Part 2 (Acknowledgement) of Schedule 2 (Form of Notices) hereto.