Specified Rights definition

Specified Rights means all present and future rights (whether contractual or otherwise) which the Chargor has or may acquire against the Custodian or in respect of the Custodian Account and the Cash Settlement Account including, without limitation, any rights which the Chargor may have to require delivery of any Charged Assets and all claims for damages and rights to receive monies due or becoming due in connection with the Charged Assets, Custodian Account and/or Cash Settlement Account.

Specified Rights has the meaning set forth in SECTION 5.l(g).

Specified Rights means, with respect to an Investor, such Investor’s right to, as applicable, (i) designate observers or directors to the Board as contemplated by Section 5.11 and (ii) own (x) Series A Preferred Stock or (y) Class A Common Stock issuable upon conversion of the Preferred Shares.

Examples of Specified Rights in a sentence

• To the extent permitted by applicable Law and the applicable agreement, if any, effective as of the Separation Effective Time, (i) Parent hereby assigns, to the maximum extent possible, on behalf of itself and the Parent Group, the Lithium Specified Rights, to the Company and (ii) the Company hereby assigns, to the maximum extent possible, on behalf of itself and the Lithium Group, the Parent Specified Rights, to Parent.

• All rights of an Acquired Fund: (i) under or in respect of this Plan, (ii) in respect of its relationship with any legal counsel relating to this Plan or the Specified Rights and Obligations, including without limitation, any attorney-client, attorney work-product, or other privilege, or (iii) that comprise Specified Rights and Obligations, which shall not be deemed to be Assets at the Effective Time and shall not be transferred to an Acquiring Fund, but instead shall be retained by the Acquired Fund.

• Notwithstanding any provision of this Agreement, the Debtor will remain liable under each of the documents giving rise to the accounts and under each of the Specified Rights to observe and perform all the conditions and obligations to be observed and performed by the Debtor thereunder, all in accordance with the terms of each such document and Specified Rights.

• Notwithstanding anything to the contrary herein, in no event shall the Company provide to any other party any right, privilege or entitlement of any kind in respect of the matters (or any other substantially similar matters) that are the subject of the immediately preceding paragraph (the “Specified Rights”), in each case, which Specified Rights are more favorable to such other party than are provided to the Backstop Party in the immediately preceding paragraph.

• Upon the request of the Secured Party, the Debtor will take any and all actions reasonably required to provide the Secured Party with the benefit of a security interest in such Specified Rights and shall assign and grant a security interest in such Specified Rights in favour of the Secured Party forthwith upon obtaining the consent to such assignment and security interest as required of the other parties thereto.

More Definitions of Specified Rights

Specified Rights means (i) Seller’s right to receive Royalty Reports pursuant to Section 7.1 of the License Agreement (including at the time specified therein), (ii) Purchaser’s right to receive copies of Royalty Reports pursuant to Section 5.3, (iii) Seller’s audit and inspection rights pursuant to Section 7.6 of the License Agreement and (iv) Purchaser’s rights pursuant to Section 5.8.

Specified Rights means all the rights and claims of the Owner expressed to be granted under, or otherwise arising under, out of or in connection with, this Agreement (excluding Clause 9.4, 9.5 and 9.6) as from time to time amended and supplemented (which rights shall, for the avoidance of doubt, include rights corresponding to obligations arising under this Agreement or before the Further Novation Time including rights in respect of liabilities of FOE to pay amounts which have then fallen due but have not been paid by FOE); and

Specified Rights means all of the Company's rights both at the date of the Share Charge and in the future against any relevant Custodian or the relevant Clearing System with respect to the Charged Shares and the Charged Account including any rights that the Company may have to require delivered to it of the Charged Shares or any securities equivalent to or representing the Charged Shares, all rights (whether contractual or otherwise) against, including rights to give instructions to, the relevant Custodian with respect to the Charged Shares and the Charged Account and all claims for damages and rights to receive monies due or to become due for any reason whatsoever in connection with the Charged Shares and the Charged Account.

Specified Rights means the rights as may be acquired by the undertaker in any part of the P66 land pursuant to the powers in Part 5 of this Order;

Specified Rights has the meaning set forth in Section 2.a.

Specified Rights means (i) the right to waive, modify, amend, or consent to a deviation from the terms or conditions of the IP Agreements (including the right of IP Co to receive the IP License Fee, unless at such time (x) all Notes Secured Debt is receiving the interest it is owed on a current basis or (y) the IP License Fee has been in effect for two years and waiver or amendment thereof is reasonably necessary to preserve the value of the Collateral and the rights and remedies of the Obligors and the Secured Parties thereto) or forbear to exercise the rights available to the Secured Parties upon any License Termination Event, (ii) the right to waive, modify, amend or consent to a deviation from any Chapter 11 Case Milestone or forbear to exercise the rights available to the Secured Parties upon the failure to meet any Chapter 11 Case Milestone and (iii) with respect to cash collateral (including Receivables and amounts in the Collection Accounts), the right to permit the Obligors to access or use such cash collateral (including by permitting proceeds to be deposited elsewhere than in the Collection Accounts or by omitting to exercise control over the Collection Accounts) unless (A) if the First Priority Secured Debt receives any interest or fees (including post-petition) in connection with its release or permitting use of such cash collateral (calculated mutatis mutandis so that the Notes Secured Debt will benefit from equivalent economic treatment), the Notes Secured Debt receives for its benefit, such interest or fees that the First Priority Secured Debt receives (such interest or fees due to the Notes Secured Debt, “Interest Protection Payments”) and (B) if the First Priority Secured Debt is secured by a Lien on any additional collateral granted, the Notes Secured Debt shall also be secured on such additional collateral, on a “second out” basis in accordance with the terms of this Agreement; provided that the right to permit the use of cash collateral shall be the sole right of the Required First Priority Debtholders and the only right of the Notes Secured Debt shall be to receive any interest, fees or Liens as set forth above.

Specified Rights means the right to receive fees with respect to the Motion Pictures “Boogeyman” and “The Grudge” under the following Contracts: (a) the “Boogeyman” and “The Grudge” Payment Instruction and Commissions/Derivative Works Payments Agreement dated December 29, 2004, with effect from August 1, 2004, by and among PBNJ Holdings, LLC (now Mandate Holdings, LLC), The Rights Holding, Co., Bodyguard Pictures, LLC, GHP1-Boogeyman, LLC, GHP2-Grudge, LLC, Sxx Xxxxx and Rxx Xxxxxx, (b) the Memorandum dated June 18, 2002 from Senator International, Inc. to Sxx Xxxxx and Rxx Xxxxxx, (c) the Amendment to the Memorandum of Bodyguard Pictures, LLC dated as of December 29, 2004, with effect from August 1, 2004, by and among The Rights Holding, Co., PBNJ Holdings, LLC (now Mandate Holdings, LLC), Sxx Xxxxx and Rxx Xxxxxx, (d) the Operating Agreement of Ghost House Pictures, LLC (now Bodyguard Pictures, LLC) effective as of July 25, 2003 by and among Senator International, Inc., Sxx Xxxxx and Rxx Xxxxxx, and (e) the Amendment to the Limited Liability Company Operating Agreement of Bodyguard Pictures, LLC dated as of December 29, 2004, with effect from August 1, 2004, by and among Sxx Xxxxx, Rxx Xxxxxx, The Rights Holding, Co. and PBNJ Holdings, LLC (now Mandate Holdings, LLC).