Examples of Debt Assignment in a sentence
Any representations, warranties and covenants contained in Article 1 will survive the signing of this Debt Assignment Agreement.
On September 16, 2019, pursuant to a Debt Assignment Agreement with WMR, the Company assumed$473,748 in liabilities payable to certain creditors and in consideration for the assumption the Company issued a note receivable of the same amount.
We do not cover the process for reversing debt transfers in this paper, but will consider this eventuality as part of our design of business processes, which is ensuring the processes set out in the Debt Assignment Protocol function under the new switching arrangements.
If such Revolving Credit Lender pays its share of the applicable Mortgage Debt Assignment Price to the Administrative Agent, then the amount so paid shall constitute such Revolving Credit Lender’s Revolving Credit Loan.
The Debt Assignment shall be deemed to have occurred at the Effective Time.
Number in master carton varies with item.POLICY ON RETURNS TO FACTORY _NO NIBCO valves are to be returned without prior written agreement.
In order to effect such Debt Assignment, the Warrantholder shall deliver concurrently with the Exercise Agreement a duly executed debt assignment agreement in the form attached hereto as Exhibit B (the "Debt Assignment Agreement") together with the original of the Debentures, which Debt Assignment Agreement the Company shall countersign and return a signed copy thereof to the Warrantholder within a reasonable time, not exceeding three (3) Business Days, after this Warrant shall have been so exercised.
On each Mortgage Debt Assignment Date, each Revolving Credit Lender severally agrees to make available to the Administrative Agent in immediately available funds at the Administrative Agent’s Office not later than 1:00 p.m. on such date, an amount equal to its Applicable Revolving Credit Percentage of the Mortgage Debt Assignment Price (such funding made by a Revolving Credit Lender being referred to herein as a “Mortgage Debt Assignment Funding”).
Payment of the Exercise Price for the Warrant Shares specified in the Exercise Agreement shall be paid by way of assignment by the Warrantholder to the Company of such Principal Amount of the Debentures as is equal to the Exercise Price (the "Debt Assignment").
Table 1 indicates that the before-payday group had fewer financial resources than the after-payday group: on average, the before-payday group had $114 less in cash (52% of the after-payday group mean) and $1,947 less in their checking and savings accounts (29% of the after-payday group mean).