Common use of ASSIGNMENT FOR SECURITY PURPOSES Clause in Contracts

ASSIGNMENT FOR SECURITY PURPOSES. 5.1 The Issuer hereby assigns to the Security Trustee for security purposes (Sicherungsabtretung) all its claims and other rights arising from the German Transaction Documents (with the exception of claims and other rights arising from this Agreement, but including the rights to unilaterally alter a legal relationship (unselbständige Gestaltungsrechte)) and from all present and future German law contracts the Issuer has entered into or may enter into in connection with the Notes, the Subordinated Loan, the Swap Agreements or the Receivables. The Security Trustee hereby accepts such assignments.

Appears in 4 contracts

Samples: www.vwfs.com, www.vwfs.com, Trust Agreement

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ASSIGNMENT FOR SECURITY PURPOSES. 5.1 The Issuer hereby assigns to the Security Trustee for security purposes (Sicherungsabtretung) all its claims and other rights arising from the German Transaction Documents (with the exception of claims and other rights arising from this Agreement, but including the rights to unilaterally alter a legal relationship (unselbständige Gestaltungsrechte)) and from all present and future German law contracts the Issuer has entered into or may enter into in connection with the Notes, the Subordinated Loan, the Swap Agreements Agreements, or the Receivables. The Security Trustee hereby accepts such assignments.

Appears in 4 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

ASSIGNMENT FOR SECURITY PURPOSES. 5.1 The Issuer hereby assigns to the Security Trustee for security purposes (Sicherungsabtretung) all its claims and other rights arising from the German Transaction Documents (with the exception of claims and other rights arising from this Agreement, but including the rights to unilaterally alter a legal relationship (unselbständige Gestaltungsrechte)) and from all present and future German law contracts the Issuer has entered into or may enter into in connection with the Notes, the Subordinated Loan, the Swap Agreements Agreement or the Receivables. The Security Trustee hereby accepts such assignments.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

ASSIGNMENT FOR SECURITY PURPOSES. 5.1 The Issuer hereby assigns to the Security Trustee for security purposes (Sicherungsabtretung) all its claims and other rights arising from the German Transaction Documents (with the exception of claims and other rights arising from this Agreement, but including the rights to unilaterally alter a legal relationship (unselbständige Gestaltungsrechte)) and from all present and future German law contracts the Issuer has entered into or may enter into in connection with the Notes, the Subordinated Loan, the Swap Agreements or the Receivables. The Security Trustee hereby accepts such assignments.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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ASSIGNMENT FOR SECURITY PURPOSES. 5.1 The Issuer hereby assigns to the Security Trustee for security purposes (Sicherungsabtretung) all its claims and other rights arising from the German Transaction Documents (with the exception of claims and other rights arising from this Agreement, but including the rights to unilaterally alter a legal relationship (unselbständige Gestaltungsrechte)) and from all present and future German law contracts the Issuer has entered into or may enter into in connection with the Schuldschein Loans, the Notes, the Subordinated Loan, the Swap Agreements or the Receivables. The Security Trustee hereby accepts such assignments.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

ASSIGNMENT FOR SECURITY PURPOSES. 5.1 The Issuer hereby assigns to the Security Trustee for security purposes (Sicherungsabtretung) all its claims and other rights arising from the German Transaction Documents (with the exception of claims and other rights arising from this Agreement, but including the rights to unilaterally alter a legal relationship (unselbständige Gestaltungsrechte)) and from all present and future German law contracts the Issuer has entered into or may enter into in connection with the Notes, the Subordinated Loan, the Swap Agreements or the Receivables. The Security Trustee hereby accepts such assignments.unselbständige

Appears in 1 contract

Samples: Trust Agreement

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