Examples of Assignment and Security Agreement in a sentence
Pledge, Assignment and Security Agreement dated as of December 8, 2006 by Argan, Inc.
Open-End Leasehold Mortgage, Collateral Assignment and Security Agreement dated as of January 30, 1998, by the Company in favor of PNC Bank, National Association (incorporated herein by reference to Exhibit 10.17 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1997).
All capitalized terms used in this Assignment and Security Agreement and not otherwise defined herein shall have the meanings assigned to them in the Joint Plan of Reorganization, the Disclosure Statement, the Settlement Facility Agreement, the Depository Trust Agreement, the Funding Payment Agreement, the Insurance Allocation Agreement, the Litigation Facility Agreement, and the Bankruptcy Code, in that order, which definitions are incorporated herein by this reference for all purposes.
To accomplish this, Dow Corning has agreed to make assignments of its rights to receive all such proceeds (but excluding any amount allocated to Dow Chemical under the Insurance Allocation Agreement or to HMR under the HMR Agreement) to the Trust and to grant to the Trust a security interest therein, subject to the remaining terms of this Assignment and Security Agreement.
The Parties agree to cooperate in expedited procedures for review and resolution of any issue to be submitted to the Court for determination under this Assignment and Security Agreement and hereby consent to an expedited hearing before the Court on all such matters.