Retained Obligations definition

Retained Obligations shall have the meaning set forth in Section 2.6.

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Retained Obligations as defined in Section 4.2.

Retained Obligations means all obligations and liabilities of Seller relating to the Transferred Rights (i) arising or occurring prior to the Agreement Date, (ii) that result from Seller’s breach of its representations, warranties, covenants, or agreements under this Agreement or the Credit Documents, (iii) that result from Seller’s bad faith, gross negligence, or willful misconduct or (iv) that are attributable to Seller’s actions or obligations in any capacity other than as a Lender under the Credit Documents.

Examples of Retained Obligations in a sentence

• The Existing Beneficiary shall remain entitled to the Retained Rights and shall remain bound to perform the Retained Obligations, in each case as if the Existing Beneficiary had remained the ‘Beneficiary’ under the GATS Trust Instrument.

• Ocwen covenants and agrees to use its reasonable best efforts to cure any breach or default (unless incurable by its own terms, e.g., loss and delinquency termination triggers) with respect to Servicer or its obligations under any Subject Servicing Agreement (other than a default by Servicer with respect to any of its Servicer Retained Obligations) within the timeframe for cure set forth in such Subject Servicing Agreement.

• The parties acknowledge and agree that Servicer shall retain the obligation to perform certain Servicer Retained Obligations with respect to each Subject Servicing Agreement as further described in this Agreement and in the related Subservicing Supplement, and Ocwen shall not have any rights or obligations with respect to the Servicer Retained Obligations.

• Subject to Section 12.10, Section 12.11 and Section 12.12, Seller shall release and indemnify, defend and hold Buyer and its Representatives harmless from and against any and all Claims caused by, resulting from, or incidental to the Retained Obligations.

• Notwithstanding anything contained herein to the contrary, Tenant shall perform and comply in every respect with the provisions of the Management Agreement, except for the Retained Obligations and Continuing Obligations, which shall remain the sole responsibility of Landlord, so as to avoid any default thereunder during the Term of this Lease.

More Definitions of Retained Obligations

Retained Obligations as defined in Section 16.01.

Retained Obligations has the meaning set forth in Section 13.1 of this Agreement.

Retained Obligations has the meaning set forth in Section 13.1.

Retained Obligations has the meaning given in Section 10.1(B).

Retained Obligations has the meaning set forth in Section 1.3(b).

Retained Obligations means all of the Existing Beneficiary’s obligations, duties and liabilities under the GATS Trust Documents and the GATS Security Documents, excluding the Transferred Obligations.

Retained Obligations means, with respect to any Seller, all obligations and liabilities of such Seller relating to the Transferred Rights that (i) result from facts, events or circumstances arising or occurring prior to the Closing Date, (ii) result from such Seller’s breach of its representations, warranties, covenants or agreements under this Agreement or the Loan Documents, (iii) result from such Seller’s bad faith, gross negligence, or willful misconduct or (iv) are attributable to such Seller’s actions, inactions or obligations in any capacity other than as a Lender under the Loan Documents.