Common use of On the Transfer Date Clause in Contracts

On the Transfer Date. (a) the Existing Lender will assign absolutely to the New Lender its rights under the Finance Documents and in respect of the Transaction Security expressed to be the subject of the assignment in the Assignment Agreement;

Appears in 8 contracts

Samples: Facilities Agreement, Facilities Agreement (MiX Telematics LTD), Facilities Agreement (PowerFleet, Inc.)

AutoNDA by SimpleDocs

On the Transfer Date. (a) the Existing Lender will assign absolutely to the New Lender its rights under the Finance Documents and in respect of any Encumbrance created or expressed to be created or evidenced by the Transaction Security Documents and expressed to be the subject of the assignment in the Assignment Agreement;

Appears in 5 contracts

Samples: Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC)

On the Transfer Date. (a) the Existing Lender will assign absolutely to the New Lender its the rights under the Finance Documents and in respect of the Transaction Security expressed to be the subject of the assignment in the Assignment Agreementassignment;

Appears in 1 contract

Samples: Agreement (Aegean Marine Petroleum Network Inc.)

On the Transfer Date. (aA) the Existing Lender will assign absolutely to the New Lender its rights under the Finance Documents and in respect of the Transaction Security expressed to be the subject of the assignment in the Assignment Agreement;

Appears in 1 contract

Samples: Facilities Agreement (Equinix Inc)

On the Transfer Date. (a) the Existing Lender will assign absolutely to the New Lender its the rights under the Finance Documents and in respect of the Transaction Security expressed to be the subject of the assignment in the Assignment Agreement;

Appears in 1 contract

Samples: Facilities Agreement (Elbit Imaging LTD)

AutoNDA by SimpleDocs

On the Transfer Date. (a) the Existing Lender will cede and assign absolutely to the New Lender its rights under the Finance Documents and in respect of the Transaction Security expressed to be the subject of the cession and assignment in the Assignment Agreement;

Appears in 1 contract

Samples: Facilities Agreement (Atlatsa Resources Corp)

On the Transfer Date. (a) the Existing Lender will assign absolutely to the New Lender its the rights under the Finance Transaction Documents and in respect of the Transaction Security expressed to be the subject of the assignment in the Assignment Agreement;

Appears in 1 contract

Samples: Facility Agreement (Avolon Holdings LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.