Assigned Debtor definition

Assigned Debtor means any Eligible Debtor required to make a payment in relation to an Assigned Receivable.
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Assigned Debtor means any debtor of the Assignor in relation to Assigned Receivables. JPM/Patheon – Master Receivables Assignment Agreement
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Assigned Debtor means any one of them. Decision of the Lenders shall mean a decision requiring the consent of the Majority Lenders, it being however specified that decisions relating to the matters below shall require the unanimous consent of the Lenders:
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Examples of Assigned Debtor in a sentence

  • It is an agreement through which the Assigned Debtor of a factoring operation (hereinafter Customer) is granted a payment extension on the original due date of the receivables being assigned, within the limits of the debtor credit line granted and for a maximum period as indicated in the contract.

  • In no case will the Administrator be able to open by its own initiative, without request by the Assigned Debtor, renegotiations of the interest rate that could result in a decrease in the interest rate applicable to a Loan.

  • Assigned Debtor Litigation Claims means any and all claims and causes of action, including, without limitation, Avoidance Claims, of any Debtor which, as of the Effective Date, exists or may exist against any or all of (i) the Non-Participating Banks and (ii) any Underwriter which fails to execute the Bank/Underwriter Release.

  • In the case of breach on the payment obligations by the Assigned Debtor, the Administrator will carry out the actions described in the Administration Contract, adopting to that effect the measures that it would normally take if the loans of its own portfolio were involved and acting in accordance with good banking use and practice for the collection of the amounts owed.

  • Any payment made by any Assigned Debtor to the Assignor as from the date of receipt of a Notice of Assignment will not discharge such Assigned Debtor of its obligations under this Clause 7.1.

  • These variables and their hypothetical values assumed in all the tables included in this section, are: (i) that the early amortisation rate of the Assets remains constant within the scenarios of 0%, 2.5%, and 5%, range which the Fund Manager, in the name of the Fund, has estimated to cover the maximum and minimum probable prepayment limits; (ii) that no Assigned Debtor will default during the life of the Fund in its payment obligations under its corresponding Loan.

  • In relation to the credit rights derived from the Loans, the Administrator should, in general, present an executive demand if, during a period of six (6) months, the Assigned Debtor of a Loan that has defaulted on its payment obligations has not resumed payments to the Administrator and the Administrator, with the consent of the Fund Manager, fails to obtain promise of payment satisfactory for the interests of the Fund.

  • Loans whose relevant Assigned Debtor, in compliance with the selection criteria set forth by the supervisory regulation of the Bank of Italy No. 140 of 11 February 1991 as subsequently amended and supplemented ( Istruzioni relative alla classificazione della clientela per settori e gruppi di attività economica), fall within the following SAE activity sectors (Settore di Attività Economica): n.

  • Assigned Litigation Claims means all Assigned Debtor Litigation Claims and all Assigned Bondholder Litigation Claims.

  • The holders of the Notes will not have any action against the Fund or against the Fund Manager in the event of default in the payment of the Notes caused by the default in payment of a Loan by the corresponding Assigned Debtor.

Related to Assigned Debtor

  • Assigned Documents has the meaning assigned to that term in Section 2.12.

  • Assigned Assets refers to the Technology, all Derivatives, all Intellectual Property Rights, all Embodiments and Business Assets, collectively.

  • Assigned Contract has the meaning set forth in Section 1.5(a).

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Assigned Agreements means all agreements and contracts to which such Grantor is a party as of the date hereof, or to which such Grantor becomes a party after the date hereof, including, without limitation, each Material Contract, as each such agreement may be amended, supplemented or otherwise modified from time to time.

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • Debtor means a person who is liable on a claim.

  • Non-Debtor Affiliate means any Affiliate of the Debtors that is not a Debtor in the Chapter 11 Cases.

  • New debtor means a person that becomes bound as debtor under section 9203(4) by a security agreement previously entered into by another person.

  • Assigned Property means real and related personal property which, in the discretion of the Administrator or his designee, has been made available to the Department for transfer for public health purposes.

  • Assigned Value means the Market/Offer Price, as defined in Section 7.

  • Assumed Contract means any Executory Contract or Unexpired Lease assumed by the Reorganized Debtors in accordance with Article V of the Plan.

  • Assigned Interests has the meaning set forth in Section 2 hereof; and

  • Assigned Interest means all of Assignor's (in its capacity as a "Lender") rights and obligations under the Credit Agreement in respect of the Commitment of the Assignor in the principal amount equal to $____________, and to make Loans under the Commitment and any right to receive payments for the Loans outstanding under the Commitment assigned hereby of $____________ (the "Loan Balance"), plus the interest and fees which will accrue from and after the Assignment Date.

  • Purchaser Affiliate means any affiliate of the Purchaser, including a transferee who is an affiliate of the Purchaser, and any person who controls the Purchaser or any affiliate of the Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act; and

  • Account Debtor means any Person obligated on an Account.

  • Material Debt Instrument means any physical instrument evidencing any Indebtedness for borrowed money which is required to be pledged and delivered to the Administrative Agent (or its bailee) pursuant to the Security Agreement.

  • Assigned Patents means all Patents issued to, or for which applications are pending in the name of, Holdings or any of its Subsidiaries and (a) assigned to IP Hold-Co in accordance with the Patent Assignment Agreement, including without limitation any Patents described on Schedule 5.17(a) or that are thereafter acquired by, or filed in the name of, Holdings or any of its Subsidiaries, including Patents that are the subject of Section 6.18.

  • Executory Contract means a contract or lease to which one or more of the Debtors is a party that is subject to assumption or rejection under section 365 of the Bankruptcy Code.

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Employee assigned to the contract means an employee who was hired after November 6, 1986, who is directly performing work, in the United States. An employee is not considered to be directly performing work under a contract if the employee—

  • Executory Contracts means executory contracts and unexpired leases as such terms are used in 11 U.S.C. § 365, including all operating leases, capital leases, and contracts to which the Debtor is a party or beneficiary on the Confirmation Date.

  • Assigned Rights has the meaning specified in Section 2.01 of the Sale and Servicing Agreement.