Debt Assignment definition

Debt Assignment has the meaning given to it in Section 5(c).
Debt Assignment means the assignment of the Intercompany Debt from the Seller to the Buyer with effect from (and subject to) Completion.
Debt Assignment has the ascribed thereto in Section 4.6;

Examples of Debt Assignment in a sentence

  • The Borrower’s repayment obligations under the FHA Note will be secured by a Multifamily Deed to Secure Debt, Assignment of Leases and Rents, and Security Agreement (the “FHA Mortgage”) on the Project.

  • As such, the S&P Agreement, the Debt Assignment Agreement and the transaction contemplated thereunder are subject to reporting, announcement and Shareholders’ approval requirements under the Listing Rules.

  • The SGM will be convened for the purpose of, among others, considering, and if thought fit, approving the S&P Agreement, the Debt Assignment Agreement and the transactions contemplated thereunder.

  • This debt transfer would be carried out under the Debt Assignment Protocol.

  • To the best of the Company’s knowledge, the Subscriber is participating in the Debt Assignment and the Proposed Transactions for its investment purposes.

  • The Independent Board Committee has been established to advise the Independent Shareholders and the Independent Financial Adviser has been engaged to advise the Independent Board Committee and the Independent Shareholders in respect of the transactions contemplated under the Debt Confirmation Agreement the Debt Assignment Agreement and the Capital Increase Agreement.

  • The S&P Agreement and the Debt Assignment Agreement As one of the applicable percentage ratios in respect of the S&P Agreement and the Debt Assignment Agreement is more than 25% but are less than 100%, the entering into of the S&P Agreement and the Debt Assignment Agreement constitutes a major transaction for the Company under Chapter 14 of the Listing Rules.

  • This moratorium shall not apply to such MSL Consideration Shares which are allotted and issued to the MSL Entities as consideration to the Major Secured Lenders under the Debt Assignment Agreements.

  • In accordance with the Listing Rules, CMG which is interested in approximately 62% shares in the Company as at the date of this announcement, and its associates are required to abstain from voting on the ordinary resolutions approving the Debt Confirmation Agreement, Debt Assignment Agreement and the Capital Increase Agreement at the EGM.

  • None of the Directors have a material interest in the Debt Confirmation Agreement, the Debt Assignment Agreement and the Capital Increase Agreement nor are they required to abstain from voting on the relevant board resolutions.


More Definitions of Debt Assignment

Debt Assignment means the debt assignment dated the same date as this agreement between (1) Oneida Limited (US), (2) Anchor Hocking LLC and (3) HUK 54 Limited;
Debt Assignment means the assignment by Didi of its rights to receive repayment of the Existing Shareholder Advance from the HK Company to the Company, in consideration for the issuance to it of Ordinary Shares pursuant to the Capital Increase. “Didi” has the meaning ascribed to such term in the Share Purchase Agreement.

Related to Debt Assignment

  • Loan Assignment has the meaning set forth in the Purchase and Sale Agreement.

  • First Assignment means: the relevant Assignment; orif, prior to the relevant Assignment:

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Assignment/Amendment We reserve the right to change this Service Agreement (including the price or to charge an additional fee) and to delegate any of Our obligations at Our sole discretion provided We give You thirty (30) days’ prior written notice of the changes. The changes will become effective thirty (30) days after We send You the notice. If You do not like the changes, You may cancel this Service Agreement. You may not change this Service Agreement or delegate any of Your obligations. Should certain terms or conditions in this Service Agreement be held to be invalid or unenforceable, the remainder of the terms and conditions in this Service Agreement shall remain valid. Transfer: This Service Agreement is not transferable by You. Responsibility for benefits owed to You: This is not an insurance policy; it is a Service Agreement. HomeServe will serve as Your point-of-contact for all questions or concerns. Our obligations under this Service Agreement are insured under a service contract reimbursement insurance policy. If We fail to pay or to deliver service on a claim within sixty (60) days after proof of loss has been filed, or in the event You cancel this Service Agreement and We fail to issue any applicable refund within sixty (60) days after cancellation, You are entitled to make a claim against the insurer, Virginia Surety Company, Inc., 000 Xxxx Xxxxxxx Xxxx., 11th Floor, Chicago, IL 60604, 0-000-000-0000. Our Liability: To the extent permitted by applicable law, (1) You agree that We and HomeServe, and both of our parents, successors, affiliates, approved technicians and our and their officers, directors, employees, affiliates, agents and contractors shall not be liable to You or anyone else for: (a) any actual losses or direct damages that exceed the lowest applicable per covered repair benefit limit set out above; or (b) any amount of any form of indirect, special, punitive, incidental or consequential losses or damages, including those caused by any fault, failure, delay or defect in providing services under this Service Agreement, and (2) these limitations and waivers shall apply to all claims and all liabilities and shall survive the cancellation or expiration of this Service Agreement. You may have other rights that vary from state to state. Arbitration: YOU, NAW AND HOMESERVE ALL AGREE TO RESOLVE DISPUTES ONLY BY FINAL AND BINDING ARBITRATION OR IN SMALL CLAIMS COURT as follows:

  • 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.

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

  • Purchase Agreement Assignment means that certain Purchase Agreement Assignment [NW 1997 J], dated as of March 18, 1998, between Lessee and Lessor, as the same may be amended, supplemented or modified from time to time, with a form of Consent and Agreement to be executed by the Manufacturer attached thereto.

  • IP Assignment a collateral assignment or security agreement pursuant to which an Obligor grants a Lien on its Intellectual Property to Agent, as security for the Obligations.

  • term assignment means, in relation to an employee, i. a term assignment within the meaning of the local collective agreement, or ii. where no such definition exists, a term assignment will be defined as twelve (12) days of continuous employment in one assignment

  • Patent Assignment Agreement means the Patent Assignment Agreement attached hereto as Exhibit G.

  • Assumption Agreement has the meaning specified in Section 2.18(d)(ii).

  • 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:

  • Charterparty Assignment means, in relation to a Ship, the deed of assignment of any Charterparty in favour of the Security Trustee, in such form as the Lenders may approve or require;

  • 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.

  • Trademark Assignment Agreement has the meaning set forth in Section 2.01.

  • Patent Assignment each patent collateral assignment agreement pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s interests in its patents, as security for the Obligations.

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • Intellectual Property Assignment Agreement means, with respect to each Specified Business, an agreement in form and substance reasonably acceptable to Seller and Buyer, providing for the assignment of the Transferred Intellectual Property Related to such Specified Business.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Subsidiary to Administrative Agent pursuant to Section 6.14.

  • Assignment / job means the work to be performed by the Consultant pursuant to the Contract.

  • Lender Joinder Agreement as defined in Subsection 2.8(c).

  • Trademark Assignment shall have the meaning specified in Section 3.2(c).

  • Appraisal assignment means an engagement for which an