Examples of Transferred Rights in a sentence
The Servicer, in its capacity as the seller under the Participation Agreement, shall comply with its obligations and agreement thereunder, including the delivery of distributions from time to time, the conveyance of information and documents received by the Servicer from time to time and the administration and enforcement of the Transferred Rights, in each case, pursuant to the terms of the Participation Agreement, including the standard of care set forth therein.
Each of Seller and Purchaser represents and warrants that no broker, finder or agent acting pursuant to the authority of such party is entitled to any brokerage fee, finder’s fee, commission or similar amount from the other party hereto in connection with the purchase or sale of the Transferred Rights hereunder.
Except as otherwise provided in this Agreement, Seller makes no representation or warranty relating to the effect of the Case on the value of the Transferred Rights.
Seller acknowledges that Purchaser may cause to be filed with the Bankruptcy Court a notice of transfer and transfer agreement pursuant to Bankruptcy Rule 3001(e)(1) notifying the Bankruptcy Court of the transfer of the Transferred Rights to Purchaser.
The consideration given for the purchase by Purchaser of the Transferred Rights may differ both in kind and in amount from any payments or distributions which Purchaser may ultimately receive with respect to the Transferred Rights, and Purchaser shall not have any recourse to Seller for any deficiency.