Assignments of Earnings definition

Assignments of Earnings shall have the meaning provided in Section 5.14.
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Assignments of Earnings means each of the first priority assignments of earnings made or to be made by a Guarantor in favor of the Lender in respect of a Vessel and in substantially the form of Exhibit F (as amended from time to time in accordance with its terms).
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Assignments of Earnings has the meaning set forth in the recitals to this Guaranty.
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Examples of Assignments of Earnings in a sentence

  • All Earnings Collateral delivered to, or held by or on behalf of, the Pledgee pursuant to each of the Assignments of Earnings shall be held in the Concentration Accounts in accordance with the provisions thereof.

  • All Earnings Collateral delivered to, or held by or on behalf of, the Pledgee pursuant to each of the Secondary Assignments of Earnings shall be held in the Concentration Accounts in accordance with the provisions thereof.

  • All Earnings Collateral delivered to, or held by or on behalf of, the Pledgee pursuant to each of the Assignments of Earnings shall be held in the Operating Accounts in accordance with the provisions hereof and of the Control Agreement.

  • The Agent hereby authorizes the Trustee, and the Trustee hereby agrees, to execute and deliver the Assignments of Earnings and Assignments of Insurances and the Trustee agrees to hold and accept the same, and all rights, interests, monies and things thereby acquired in connection therewith, as a part of the Trust Estate.

  • We recognize that this effort is a multi-dimensional one that includes: recruitment efforts, policies, curriculum, pedagogy, norms, practices, faculty/staff promotions, decision making, and continuing multicultural and anti-oppression education for faculty and staff members.

  • Among the Loan Documents are Assignments of Earnings, Account Pledge Agreements, Deeds of Charge and certain other agreements which, together with the Senior Secured Credit Facility, afford the Agent (in its capacities as Agent or Security Trustee referred to hereinafter collectively as “Agent”) for the benefit of the Lenders an interest in the Cash Collateral.

  • All Earnings Collateral delivered to, or held by or on behalf of, the Pledgee pursuant to each of the Assignments of Earnings shall be held in the Earnings Accounts in accordance with the provisions hereof and of the Control Agreement.

  • Borrower shall cause Torch Offshore, L.L.C. and Torch Express, L.L.C. to execute preferred fleet mortgage(s) and preferred ship mortgage(s) (the "Preferred Ship Mortgages") granting Lenders preferred mortgages on the Vessels together with all proceeds thereof and to execute Assignments of Earnings with respect to the Vessels, together with a UCC-1 Financing Statement filed in connection therewith.


More Definitions of Assignments of Earnings

Assignments of Earnings means, collectively, each assignment of earnings to be executed in relation to each Collateral Vessel by the relevant Grantor in favor of the Collateral Trustee in relation to the Earnings.
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Assignments of Earnings means each Assignment of Earnings of even date herewith or executed and delivered pursuant to Section 2.06(b) or Section 2.07(d) executed by the Borrower or the Guarantors in favor of the Collateral Agent, as same may be amended, supplemented, restated or otherwise modified from time to time.
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Assignments of Earnings means first priority assignments of earnings and charterparties (including, without limitation, the Bareboat Charter), to be made by the Borrower in favor of the Security Trustee, in respect of the earnings of the Vessel, including earnings under the MDO Contract, and the mobilization fee of $15,000,000 to be paid by Shell under the MDO Contract, after completion of the Construction, substantially in the form of Exhibit D;
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Assignments of Earnings means, collectively, each second priority assignment of earnings to be executed in relation to each Collateral Vessel by the relevant Rig Owner in favor of the Collateral Trustee in relation to the Earnings.
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Assignments of Earnings means first priority assignments of earnings and charterparties, to be made by the Borrower in favor of the Collateral Agent, in respect of the Project Revenues, including earnings under the Drilling Contract, and the mobilization fee to be paid by Shell XX Xxxxx Equipment Services B.V. under the Drilling Contract, in accordance with the terms of the Drilling Contract, substantially in the form of Exhibit D;
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Related to Assignments of Earnings

  • Assignment of Earnings shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • Payoff Earnings For any Distribution Date with respect to each Mortgage Loan on which a Payoff was received by the Master Servicer during the Payoff Period, the aggregate of the interest earned by the Master Servicer from investment of each such Payoff from the date of receipt of such Payoff until the Business Day immediately preceding the related Distribution Date (net of investment losses).

  • Earnings Assignment means, in relation to a Ship, an assignment of the Earnings and any Requisition Compensation of that Ship, in the form set out in Appendix D;

  • Collateral Assignments means, collectively, the Assignment of the Development Agreement, and the Assignment of Management Agreement, the Assignment of the Right to Receive Tax Credits, Capital Contributions and Partnership Interests, each in form and substance satisfactory to the Significant Bondholder and the Financial Monitor and as each may be amended or supplemented from time to time with the prior written consent of the Significant Bondholder.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Assignment of Leases and Rents means the Assignment of Leases and Rents, executed by Borrower for the benefit of Lender, and pertaining to leases of space in the Project.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Net earnings available for fixed charges means net income after deducting operating and maintenance expenses, taxes other than federal and state income taxes, depreciation, and depletion, but excluding extraordinary expenses appearing in the regular financial statements of the system.

  • Earnings Account Pledge means, in respect of each Earnings Account, a first priority charge required to be executed hereunder between the relevant Borrower and the Security Trustee in respect of its Earnings Account in such form as the Agent and the Majority Lenders may require in their sole discretion, and in the plural means both of them;

  • Weekly Earnings means, in the case of a day or shift worker, 40 hours x his regular rate;

  • Assignment of Insurances shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Core Earnings means, with respect to any Person for any period, net income determined in accordance with GAAP of such Person and its consolidated subsidiaries and excluding (but only to the extent included in determining net income for such period) (i) non-cash equity compensation expense, (ii) the expenses incurred in connection with the formation of the Sponsor and the offering in connection therewith, including the initial underwriting discounts and commissions, (iii) acquisition costs from successful acquisitions (other than acquisitions made in the ordinary course of business), (iv) real property depreciation and amortization, (v) any unrealized gains or losses or other similar non-cash items that are included in net income for the current quarter, regardless of whether such items are included in other comprehensive income or loss, (vi) extraordinary or non-recurring gains or losses and (vii) one-time expenses, charges or gains relating to changes in GAAP; provided that Core Earnings shall, solely with respect to the Core Earnings attributable to any Non Wholly-Owned Consolidated Affiliate, only include the Consolidated Group Pro Rata Share of such attributable amount.

  • Earnings Accounts means the bank accounts of each of the Obligors from time to time each of which shall be held with the Agent or any of the Agent’s corresponding banks and to which all the Earnings and any proceeds of the Insurances shall be paid.

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.

  • Insurance Assignment each collateral assignment of insurance pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s rights under key-man life, business interruption or other insurance policies as Agent deems appropriate, as security for the Obligations.

  • Supplemental security income means the program authorized under title XVI of the social security act, 42 USC 1381 to 1383f.

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • Supplemental Security Income (SSI) means a program available to certain aged and disabled persons that is administered by the Social Security Administration through the Social Security office.