Shared Rights definition

Shared Rights means the rights retained by the Lessor, but not to the exclusion of the Agent, pursuant to Section 8.2(a)(ii) of the Credit Agreement.
Shared Rights means, collectively, solely to the extent that the Purchased Receivables are actually due and payable, the rights of the Seller under the License Agreement to bring any action, demand, proceeding or claim, whether in law or in equity, to enforce any rights to receive the Purchased Receivables.
Shared Rights is defined in Section 2(a) of the Assignment of Lease and Rent.

Examples of Shared Rights in a sentence

  • Nothing in this Section 4 shall be construed as limiting or otherwise affecting in any way the Assignor's Excepted Rights or Shared Rights.

  • Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall sell, transfer, assign and convey to the Buyer, and the Buyer shall purchase, acquire and accept from the Seller all of the Seller’s right, title and interest in and to the Purchased Assets, free and clear of all Liens, and rights in and to the Shared Rights, free and clear of any and all Liens, other than the Seller’s retention of its rights, title and interest in and to the Shared Rights.

  • Concept of Shared Rights and Prerequisites for Usage The legislator started the section of legal obligations in the Civil Code with the chapter regulating shared rights, which includes provisions from Article 953 to Article 968.

  • From and after the Closing, PEPL and Company shall mutually cooperate and shall take all action necessary to preserve, and to comply with the terms and conditions of the various instruments granting, the Shared Rights of Way.

  • PEPL or its Affiliate shall be required to give the Company at least ninety (90) days prior written notice of its intention to sell or lease any of its natural gas pipelines in the Shared Rights of Way or portions thereof.


More Definitions of Shared Rights

Shared Rights means the rights retained by the Lessor, but not to ------------- the exclusion of the Collateral Agent, pursuant to Section 6.13 of the Indenture.
Shared Rights means the following rights retained by the Lessor, but not to the exclusion of the Indenture Trustee:
Shared Rights means all of the rights of the Issuer to enforce and consent to the modification of or waiver of compliance with the Loan Note, this Agreement and the Mortgage.
Shared Rights means all of the rights of the Issuer to enforce and consent to the modification of or waiver of compliance with the Second Mortgage Bonds.
Shared Rights means, collectively, solely to the extent that the Purchased Receivables are actually due and payable, the rights of the Seller under the License Agreement to bring any ​ action, demand, proceeding or claim, whether in law or in equity, to enforce any rights to receive the Purchased Receivables.
Shared Rights is defined in SECTION 2(a) of the Assignment of Leases and Rents.
Shared Rights has the meaning set forth in the Assignment, Assumption and Consent Agreement.