ASSIGNEE/BANK’S RIGHTS Sample Clauses

ASSIGNEE/BANK’S RIGHTS. The Assignee / Bank reserves the following rights:
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ASSIGNEE/BANK’S RIGHTS. As Purchaser
ASSIGNEE/BANK’S RIGHTS. 5.1 Right to Bid to bid without having to deposit with the Auctioneer the requisite ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher, by itself or its agent. In the event that the Assignee/Bank is the successful bidder and so declared by the Auctioneer, the Assignee/Bank shall have the liberty to set off the purchase price against the amount due and owing by the Assignor(s)/Xxxxxxxx(s) under the Deed of Assignment, Facilities Agreement and Power of Attorney all dated 04th November 2009 and all costs and expenses of, in connection with and resulting from the sale; The Assignee/Bank reserves the following rights:-
ASSIGNEE/BANK’S RIGHTS. 5.1 Right to Bid to bid without having to deposit with the Auctioneer the requisite ten per cent (10%) of the Reserve Price or a minimum of RM2,000.00 whichever is higher, by itself or its agent. In the event that the Assignee/Bank is the successful bidder and so declared by the Auctioneer, the Assignee/Bank shall have the liberty to set off the purchase price against the amount due and owing by the Assignor(s)/Borrower(s) under the Deed of Assignment, Facilities Agreement and Power of Attorney all dated the 29th day of September, 2011 and all costs and expenses of, in connection with and resulting from the sale; The Assignee/Bank reserves the following rights:-

Related to ASSIGNEE/BANK’S RIGHTS

  • BANK’S RIGHTS 3.1 The Bank shall have a right to:

  • Lender’s Rights Upon default, Lender may declare the entire unpaid principal balance on this Note and all accrued unpaid interest immediately due, and then Borrower will pay that amount.

  • Other Rights and Obligations of the Authority Upon Termination for any reason whatsoever, the Authority shall:

  • RIGHTS AND OBLIGATIONS OF THE PARTIES 13.2.1 The client shall be under obligation:

  • Assignee’s Rights (a) The Transfer of a Company Interest in accordance with this Agreement shall be effective as of the date of its assignment (assuming compliance with all of the conditions to such Transfer set forth herein), and such Transfer shall be shown on the books and records of the Company. Profits, Losses and other Company items shall be allocated between the transferor and the Assignee according to Code Section 706, using any permissible method as determined in the reasonable discretion of the Manager. Distributions made before the effective date of such Transfer shall be paid to the transferor, and Distributions made after such date shall be paid to the Assignee.

  • RIGHTS AND OBLIGATIONS OF THE CUSTOMER 5.1. The Customer shall:

  • Assignment to Lenders Interconnection Customer may, without the consent of the Transmission Provider or the Interconnected Transmission Owner, assign the Interconnection Service Agreement to any Project Finance Entity(ies), provided that such assignment does not alter or diminish Interconnection Customer’s duties and obligations under this Interconnection Service Agreement. If Interconnection Customer provides the Interconnected Transmission Owner with notice of an assignment to any Project Finance Entity(ies) and identifies such Project Finance Entities as contacts for notice purposes pursuant to Section 21 of this Appendix 2, the Transmission Provider or Interconnected Transmission Owner shall provide notice and reasonable opportunity for such entity(ies) to cure any Breach under this Interconnection Service Agreement in accordance with this Interconnection Service Agreement. Transmission Provider or Interconnected Transmission Owner shall, if requested by such lenders, provide such customary and reasonable documents, including consents to assignment, as may be reasonably requested with respect to the assignment and status of the Interconnection Service Agreement, provided that such documents do not alter or diminish the rights of the Transmission Provider or Interconnected Transmission Owner under this Interconnection Service Agreement, except with respect to providing notice of Breach to a Project Finance Entity. Upon presentation of the Transmission Provider and/or the Interconnected Transmission Owner’s invoice therefor, Interconnection Customer shall pay the Transmission Provider and/or the Interconnected Transmission Owner’s reasonable documented cost of providing such documents and certificates. Any assignment described herein shall not relieve or discharge the Interconnection Customer from any of its obligations hereunder absent the written consent of the Interconnected Transmission Owner and Transmission Provider.

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