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SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION - 2009
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SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION - 2009
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Last modified
1/3/2012 2:09:52 PM
Creation date
12/8/2009 11:42:56 AM
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Contracts
Company Name
SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION
Contract #
N-2009-033
Agency
COMMUNITY DEVELOPMENT
Destruction Year
0
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H. The 1999 Agreement provides that upon its expiration, the <br />assignor/judgment creditor shall transfer to the assignee any unused EZ funds as well as <br />any accounts receivable attributable to the use of EZ funds. <br />I. The 1999 Agreement expired on August 18, 2008, when it was terminated <br />by the assignee. <br />J. In accordance with the provisions set forth in the 1999 Agreement, the <br />parties hereto desire by this Assignment for the assignor/judgment creditor to assign to <br />the assignee all of its rights, title and interest in the Judgment. <br />THE PARTIES HEREBY AGREE AS FOLLOWS: <br />1. The assignor/judgment creditor hereby assigns to the assignee all its <br />rights, title and interest in and to all monies due and payable under the Judgment and all <br />monies recoverable under it or as a consequence of it, including interest and costs, to hold <br />the same to the. assignee absolutely. <br />2. The assignor/judgment creditor does hereby or shall covenant with the <br />assignee that the Judgment is in full force, and that no amount due under the Judgment <br />has been paid by the judgment debtor. <br />3. The assignor/judgment creditor further covenants that he/she has the right <br />to make the assignment herein and that he/she and all persons claiming under him/her <br />will execute any further assurances of the said Judgment to the assignee, as the assignee <br />may reasonably require. <br />4. Successors and Assigns. This Assignment shall be binding upon and <br />shall inure to the benefit of the assignor/judgment creditor and assignee, and their <br />respective successors and assigns. <br />5- Governing Law. This Assignment has been entered into, is to be <br />performed entirely within, and shall be governed by and construed in accordance with the <br />laws of the State of California. <br />6. Further Assurances. Each party hereto covenants and agrees to perform <br />all acts and things, and to prepare, execute, and deliver such written agreements, <br />documents, and instruments as may be reasonably necessary to carry out the terms and <br />provisions of this Assignment. <br />NOW, THEREFORE, the parties hereto have executed this Assignment as of the <br />date set forth above. <br />Acknowledgment of Assignment of Judgment 2 <br />
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