Purchaser Assumed Debt definition

Purchaser Assumed Debt has the meaning set forth in Section 2.3(a)(i). “Purchaser Expense Reimbursement” has the meaning set forth in Section 8.2(b). “Purchaser Material Adverse Effect” has the meaning set forth in Section 5.3(a).
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Purchaser Assumed Debt has the meaning set forth in Section 2.3(a)(i).
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Purchaser Assumed Debt means collectively the CTB Assumed Debt, Family Bank Assumed Debt and the PCFC Assumed Debt.
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Examples of Purchaser Assumed Debt in a sentence

  • Purchaser shall use reasonable best efforts to enter into definitive financing agreements with respect to the Purchaser Assumed Debt so that such agreements are in effect as promptly as practicable but in any event no later than the Closing.

Related to Purchaser Assumed Debt

  • Assumed Debt has the meaning set forth in Section 2.2.

  • 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

  • Assumed Liabilities has the meaning set forth in Section 2.3.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Permitted Securitization Transaction Any financing transaction undertaken by the Seller or an Affiliate of the Seller that is secured, directly or indirectly, by the Collateral or any portion thereof or any interest therein, including any sale, lease, whole loan sale, asset securitization, secured loan or other transfer.

  • Assumed Indebtedness means Indebtedness of a Person which is (a) in existence at the time such Person becomes a Restricted Subsidiary of the Borrower or (b) is assumed in connection with an Investment in or acquisition of such Person, and has not been incurred or created by such Person in connection with, or in anticipation or contemplation of, such Person becoming a Restricted Subsidiary of the Borrower.

  • Assumed Servicing Liability means any Liabilities with respect to any Serviced Appointments (or Serviced Corporate Trust Contracts) that arise out of or relate to facts, circumstances, actions, omissions and/or events occurring from and after the Closing and prior to the applicable Succession Time for such Serviced Appointment; provided that Assumed Servicing Liability shall not include any Liabilities that arise out of or relate to facts, circumstances, actions, omissions and/or events with respect to any Retained Duties or any matters for which Seller or any of its Affiliates is responsible pursuant to Section 3.9.

  • Seller Transaction Expenses means all unpaid fees, costs, charges, expenses, obligations, payments and awards that are incurred by the Sellers or their Affiliates in connection with, relating to or arising out of the preparation, negotiation, execution, delivery and performance of this Agreement and the Transaction Documents and the consummation of the transactions contemplated hereby and thereby, including all Taxes.

  • Assumed Obligations has the meaning specified in Section 2.2.

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Assumed Deposits means Deposits.

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

  • Purchased Loans means, with respect to each Purchase Agreement, the Loans offered for sale and purchased or substituted pursuant to such Purchase Agreement.

  • Seller’s Closing Documents as defined in Section 3.2(a).

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

  • Transferred Liabilities has the meaning set forth in Section 2.02(a).

  • Takeout Commitment means a commitment of Seller to sell one or more Mortgage Loans to a Takeout Investor, and the corresponding Takeout Investor’s commitment back to Seller to effectuate the foregoing.

  • Purchaser Interest means, at any time, an undivided percentage ownership interest (computed as set forth below) associated with a designated amount of Capital, selected pursuant to the terms and conditions hereof in (i) each Receivable arising prior to the time of the most recent computation or recomputation of such undivided interest, (ii) all Related Security with respect to each such Receivable, and (iii) all Collections with respect to, and other proceeds of, each such Receivable. Each such undivided percentage interest shall equal: C / (NRB - AR) where: C = the Capital of such Purchaser Interest. NRB = the Net Receivables Balance. AR = the Aggregate Reserves. Such undivided percentage ownership interest shall be initially computed on its date of purchase. Thereafter, until the Amortization Date, each Purchaser Interest shall be automatically recomputed (or deemed to be recomputed) on each day prior to the Amortization Date. The variable percentage represented by any Purchaser Interest as computed (or deemed recomputed) as of the close of the business day immediately preceding the Amortization Date shall remain constant at all times thereafter.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Closing Transaction Expenses means the Transaction Expenses as set forth on the Closing Statement.

  • Assumed Leases has the meaning set forth in Section 2.6(b).

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Acquired Contracts has the meaning given in Section 2.1(a).

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.