Purchased Assets has the meaning set forth in Section 2.1.

Purchased Assets shall have the meaning assigned to such term in Section 2.1 of the Purchase Agreement.

Purchased Assets means all of Seller’s right, title and interest, whether now owned and existing or hereafter arising in and to all of the Receivables, the Related Security, the Collections and all proceeds of the foregoing.

Examples of Purchased Assets in a sentence

It is understood and agreed that the representations and warranties set forth in Schedule 1 to this Agreement with respect to the Purchased Assets shall survive delivery of the respective Mortgage Files to the Custodian and shall inure to the benefit of Buyer.
Upon payment of such Repurchase Payment by the Servicer, the Issuer and the Indenture Trustee shall release and shall execute and deliver such instruments of release, transfer or assignment, in each case without recourse or representation, as shall be reasonably requested of it to vest in the Servicer or its designee any Receivable and any related Purchased Assets repurchased pursuant hereto.
No selection procedures believed to be adverse to the Securityholders were used to select the Receivables and other Purchased Assets.
The Receivables and the other Purchased Assets have been validly assigned by NMAC to the Seller pursuant to the Purchase Agreement and the Receivables and the other Transferred Assets have been validly assigned by the Seller to the Issuer pursuant to this Agreement.
For the avoidance of doubt: (i) the Purchased Assets do not constitute all or substantially all of the assets of Seller and (ii) Buyer is not purchasing any goodwill related to the Purchased Assets.

More Definitions of Purchased Assets

Purchased Assets is defined in Section 1.1.

Purchased Assets means all of the assets of the Seller used or useful in the operation of the Business, including the following assets, but specifically excluding the Excluded Assets:

Purchased Assets shall have the meaning set forth in Section 2.1 of this Agreement.

Purchased Assets shall have the meaning ascribed to such term in Section 1.1 hereof.

Purchased Assets refers to all properties and assets of Seller, including all of the following described business, properties, assets, goodwill, rights and claims of whatever kind and nature, real or personal, tangible or intangible, known or unknown, actual or contingent and wherever situated, which are owned by Seller and used in, held for use by, or related to the Business, but excluding all Excluded Assets, as the same may exist on the Closing Date, reflecting operation of the Business in the ordinary course:

Purchased Assets means all of the business, assets, properties, contractual rights, goodwill, going concern value, rights and claims of the Company related to the Business on the Closing Date, wherever situated and of whatever kind and nature, real or personal, tangible or intangible, whether or not reflected on the Books and Records of the Company (other than Excluded Assets), including each of the following assets:

Purchased Assets. As defined in the Asset Purchase Agreement.