Nominated Assets definition
Examples of Nominated Assets in a sentence
Any delay in the completion of the Appraisals of the Nominated Assets shall be the sole risk of the Borrower; provided, however, the Administrative Agent shall use good faith efforts to obtain or otherwise approve the applicable Appraisals as soon as reasonably possible.
In this Agreement, where the context so requires, following the introduction of a Purchaser Nominee satisfying the requirements of (a) and (b) above, a reference to the Purchaser relating to the relevant Nominated Assets shall be deemed to include a reference to such Purchaser Nominee provided that the introduction of a Purchaser Nominee shall not derogate from or absolve the Purchaser from any of its obligations under this Agreement for which the Purchaser shall at all times remain primarily liable.