Assignment of Contract - Assignment Agreement Form, Sample

 

assignment of proceeds agreement

Assignment of Contract Proceeds - Paragon Systems Inc. and LSQ Funding Group LC and Other Business Contracts, Forms and Agreeements. Competitive Intelligence for Investors. only to the extent) necessary to remove any conflict, and as so modified, this Agreement will continue in full force and effect. By checking the box below the ASSIGNOR and ENTRANT agree to the terms of this Agreement. ENTRANT may be required to submit a signed copy of this ASSIGNMENT OF RIGHTS AGREEMENT upon request. (Fax: ). This Assignment of Proceeds Agreement (“ Assignment Agreement ”), dated as of December 10, is between AE BIOFUELS, INC., a Nevada corporation (“ AEB ”), and THIRD EYE CAPITAL CORPORATION, an Ontario corporation (“ Third Eye ”), as agent for certain purchasers (“ Purchasers ”) of the Note (defined below) dated May 16,


What Is an Assignment of Proceeds?


Worldwide is in the process of acquiring all of the membership interests in Assignee such that Assignee will become a wholly-owned subsidiary of Worldwide. The Assignor wishes to assign its entire right to the proceeds and revenue derived from the sale of any Merchandise and Fan Club Memberships incorporating Intellectual Property on the Website, as such terms are defined in the Ricky Martin License, to the Assignee.

The Assignor irrevocably and unconditionally conveys, transfers and assigns to the Assignee all of its rights to proceeds and revenue derived from rights granted pursuant to the Ricky Martin License the "Proceeds". All such Proceeds will, as of the Effective Date, as defined in Section 4, assignment of proceeds agreement. All Proceeds from the sale of memberships to the Ricky Martin Fan Club and any credit card memberships unprocessed as of the Effective Date shall become income to the Assignee.

Assignor will promptly notify Assignee of the receipt of any Proceeds and will pay Assignee such Proceeds within five business days of receipt thereof. Assignor will not bring such artists to the attention of any competitors of Worldwide prior to Worldwide and the artist failing to reach an agreement. Such shares to be registered by the filing of Form S If Assignor is successful in renewing the Ricky Martin License as defined therein; or, to entering into a new agreement with Licensor on terms at least as assignment of proceeds agreement to Assignor and Assignee as in the Ricky Martin License by March 14, assignment of proceeds agreement, such renewed Ricky Martin License or new agreement with Licensor, the "New Ricky Martin License"then, in consideration of the assignment by Assignor to Worldwide or, at Worldwide's direction, Assignee, of all of Assignor's rights to proceeds and revenue to be derived from the New Ricky Martin License, Worldwide will issue to the Assignorassignment of proceeds agreement, fully paid and non-assessable common shares in the capital of Worldwide, which shares will be issued to Assignor upon the execution of all necessary documents, including a Subscription Agreement similar to that attached to this Agreement as Schedule "B".

Furthermore, if additional rights assignment of proceeds agreement the revenue from the sales of merchandising and memberships are granted to Worldwide or Assignee, further consideration will be provided to Assignor based on the nature of such additional rights.

Furthermore, if additional rights beyond the revenue from the fan club and membership sales of merchandising and memberships are granted to Worldwide or Assignee, further consideration assignment of proceeds agreement be provided to Assignor based on the nature of such additional rights.

Assignee will have five assignment of proceeds agreement days to notify Assignor that it has decided whether or not to purchase the Shares or the Warrant Shares, as applicable, and should Assignee choose to purchase such shares, fifteen 15 days to assignment of proceeds agreement such purchase. Assignor acknowledges that the Shares, the New Agreement Shares, assignment of proceeds agreement, the Warrant Shares and the New Agreement Warrant Shares will not be registered under the United States Securities Act of the " Act"or under any state securities or "blue sky" laws of any state of the United States, and, unless so registered, may not be offered or sold in the United States or to U.

Assignor further acknowledges that, pursuant to Rule under the Act, assignment of proceeds agreement, the Shares, New Agreement Shares, the Warrant Shares and the New Agreement Warrant Shares will be assignment of proceeds agreement to a one 1 year hold period from the date of issuance of the such shares, as the case may be, as well as certain volume restrictions in the second year following the date of their issuance.

This Agreement shall become effective as of the date of payment from Assignee to Assignor of the consideration described in Sections 3. If Assignee or Worldwide terminates this Agreement pursuant to Section 4, assignment of proceeds agreement. It is understood that each Artist agreement shall stand on its own. All elements as per Section 4. Upon termination of this Agreement, Assignee shall be entitled to receive all sums due and payable under this Agreement and all agreements made with artists then in effect will remain so until terminated according to such agreement's terms and conditions.

All information collected relating to Official Ricky Martin Fan Club members and purchasers of goods and services at the Website the "Database" will be jointly owned by Assignor and Assignee, and all income received by either party relating to the Database will be shared equally between Assignee and Assignor. This restriction shall continue to apply after the termination of this Agreement without limit in point of time but shall cease to apply to information or knowledge which may come into the public domain.

No consent, assignment of proceeds agreement, approval or waiver, express or implied, by any party hereto, assignment of proceeds agreement, to or of any breach of default by another party in the performance by another party of its obligations hereunder assignment of proceeds agreement be deemed or construed to be a consent or waiver to or of any other breach or default in the performance by such other party of the same or any other obligations of such other party or to declare the other party in default, irrespective of how long such failure continues, shall not constitute a general waiver by such party of its rights under this Agreement, and the granting of any consent or approval in any one instance by or on behalf of Worldwide or Assignee shall not be construed to waiver or limit the need for such consent in any other or subsequent instance.

This Agreement and all matters arising thereunder shall be governed by the laws of the State of California. This Agreement shall enure to the benefit of and be binding upon each of the parties hereto and their respective heirs, assignment of proceeds agreement, successors and permitted assigns.

Sciacca or Creative Licensing, Inc. With respect to all revenue earned, Assignee shall compute the monies payable to Assignor hereunder and render monthly statements thereof to Assignor within 20 days after the end of each calendar month. Assignee shall deduct from the monies otherwise payable to Assignor hereunder all chargeable amounts under this Agreement. Each such monthly statement shall include an itemized breakdown of the sources of the applicable revenue and shall assignment of proceeds agreement accompanied by the payment of the amount of monies, if any, earned by Assignor during the accounting period to which the statement relates.

Assignee shall be entitled from time to time to withhold from payments otherwise due, reasonable reserves against anticipated returns, rebates, credits, cancellations and exchanges, provided that such reserves shall be liquidated within six months following their establishment. Assignor or a certified public accountant on Assignor's behalf may, at Assignee's offices and at Assignor's expense, examine Assignor's books and records relevant to assignment of proceeds agreement calculation of the monies payable to Assignor hereunder solely for the purposes of verifying the accuracy of statements rendered by Assignee to Assignor.

Such books and records may be examined as aforesaid only i during Assignee's normal business hours, ii upon reasonable notice to Assignee, and iii within one 1 year after the date a statement is rendered hereunder. Each statement shall be deemed final and binding upon Assignor as an account stated and shall not be subject to any claim or objection by Assignor A unless Assignor notifies Assignee of Assignor's specific written objection to the applicable statement, stating the basis thereof in reasonable detail within one 1 year after the date such statement is rendered hereunder, and B unless, within said one 1 year period, Assignor makes proper service of process upon Assignee in a suit instituted in a court of proper jurisdiction.

This Agreement constitutes the entire agreement between the parties hereto and supersedes all prior agreements and undertakings, whether oral or written, relative to the subject matter hereof, assignment of proceeds agreement. To be effective any modification of this Agreement must be in writing and signed by the party to be charged thereby. Assignment of proceeds agreement headings of the Sections and Articles of this Agreement are inserted for convenience of reference only and shall not in any manner affect the construction or meaning of anything herein contained or govern the rights or liabilities of the parties hereto.

All notices, requests and communications required or permitted hereunder shall be in writing and shall be sufficiently given and deemed to have been received upon personal delivery or, if mailed, upon the first to occur of actual receipt or forty-eight 48 hours after being placed in the mail, postage prepaid, registered or certified mail, assignment of proceeds agreement, return receipt requested, respectively addressed to Worldwide, Assignee or Assignor as follows:.

The parties hereto agree from time to time after the execution hereof to make, do, assignment of proceeds agreement, execute or cause or permit to be made, done or executed all such further and other lawful acts, deeds, things, devices and assurances in law whatsoever as may be required to carry out the true intention and to give full force and effect to this Agreement.

This Agreement may be executed in several counter-parts, each of which will be deemed to be an original and all of which will together constitute one and the same instrument. Delivery of an executed copy of this Agreement by electronic facsimile transmission or other means of electronic communication capable of producing a printed copy will be deemed to be execution and delivery of this Agreement as of the date first set forth above.

 

ASSIGNMENT OF PROCEEDS AGREEMENT

 

assignment of proceeds agreement

 

Exhibit ASSIGNMENT OF CONTRACT PROCEEDS. THIS ASSIGNMENT OF CONTRACT PROCEEDS (“Assignment”) is made effective as of the 10th day of May, , between Keith Bullard’s Auto Liquidation Center, Inc., a Pennsylvania corporation (“Company”) and Horvath Holdings, LLC, a Michigan limited liability company (“Seller”). An Assignment Agreement, sometimes called a Contract Assignment, allows you to assign your contractual rights and responsibilities to another party. For example, if you're a contractor who needs help completing a job, you can assign tasks and entitlements to a subcontractor, as long as the original contract doesn't forbid the assignment of. ASSIGNMENT OF PROCEEDS AGREEMENT. THIS AGREEMENT is dated for reference the 28th day of November, BETWEEN: JESDAN ENTERTAINMENT CORP., a Florida corporation having an address care of Heron Bay Blvd., Suite , Coral Springs, FL