Conditional Assignment definition
Examples of Conditional Assignment in a sentence
Unless defined otherwise herein, words and expressions defined in or construed by the Conditional Assignment of Receivables shall have the same meanings and shall be construed in the same manner when used in this Agreement.
PARTIES (as defined in the Conditional Assignment of Receivables defined below) acting through the Collateral Agent.
The Assignor, the Collateral Agent and the Secured Parties entered into the Conditional Assignment of Receivables Agreement dated January 29, 2010 pursuant to which the Assignor agreed to assign to and in favour and for the benefit of the Collateral Agent and the Secured Parties all Receivables under the terms and conditions set out therein (the "Conditional Assignment of Receivables").
Please acknowledge receipt of this notice and confirm your agreement to the terms hereof and to the Conditional Assignment in the form of Acknowledgment attached hereto (the "Acknowledgment") by duly executing and returning one copy of the Acknowledgment to the Collateral Agent at The Chase Manhattan Bank, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ and another copy to the Assignor.
Except as otherwise provided herein, all words and expressions in this notice shall have the same respective meanings as described in the Conditional Assignment.
Notwithstanding the foregoing, in no event shall the cure period set forth herein serve to extend or be in addition to any cure period or notice period specified in the Incentive Agreement or any Conditional Assignment of Lease that may be executed between Obligor and Secured Party.
Franchisor may, in Franchisor's discretion, condition approval upon execution of the Lease Conditional Assignment Agreement by Franchisee and Franchisee's landlord in the form of Exhibit E, attached.
Assignee may record a Notice of Conditional Assignment of Lease in the registry or such other recording offices as Assignee deems appropriate, and Landlord and Assignor agree to execute any such documents may be necessary for recording.
Notwithstanding anything to the contrary in this Section, Sellers shall, simultaneous with the execution of this Agreement, execute a consent to Conditional Assignment by Programmer of its rights hereunder to Programmer's lenders.
Assignee may record a Notice of Conditional Assignment of Lease in the registry or such other recording offices as Assignee deems appropriate, and Landlord and Assignor agree to execute any such documents may be recessary for recording.