Substituted Rights definition

Substituted Rights means rights, remedies and powers identical to the rights, remedies and powers under the Transaction Documents of the Existing Bank in relation to the Substituted Commitments and the Substituted Portion.
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Substituted Rights means Powers identical to the Powers of the Existing Financier under the Finance Documents in relation to the Substituted Commitments and the Substituted Portion.
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Examples of Substituted Rights in a sentence

  • The Existing Bank shall no longer be entitled to the Substituted Rights or the Substituted Portion and the New Bank shall become entitled to the Substituted Rights and the Substituted Portion, with effect on and from the Substitution Date.

  • The Existing Financier will no longer be entitled to the Substituted Rights or the Substituted Portion and the New Financier will become entitled to the Substituted Rights and the Substituted Portion with effect on and from the Substitution Date.

  • On and from the Substitution Date the Agent will make all payments received by it in respect of the Substituted Commitments, Substituted Obligations, Substituted Rights and Substituted Portion to the New Bank.

  • On and from the Substitution Date the Facility Agent will make all payments received by it in respect of the Substituted Commitments, Substituted Obligations, Substituted Rights and Substituted Portion to the New Bank.

  • On and from the Substitution Date the Facility Agent will make all payments received by it in respect of the Substituted Commitments, Substituted Obligations and Substituted Rights to the New Financier.

  • Notwithstanding any other provision of this Plan, no fractional Substituted Rights shall be issued to the Participant.

  • Without limiting the foregoing, unless otherwise determined by the Administrators in their sole and absolute discretion or not compliant with any applicable laws or rules of the Exchange, a Participant may elect an exchange for Substituted Rights in a notice of exercise in accordance with Section 5.8.

  • If the aggregate number of Substituted Rights to which the Participant would otherwise be entitled is not a whole number, then the number of Substituted Rights, as the case may be, shall be rounded down to the next whole number and no compensation will be paid to the Participant in respect of such fractional Substituted Right.

  • The Existing Financier(s) shall no longer be entitled to the Substituted Rights, and the New Financier shall become entitled to the Substituted Rights, with effect on and from the Substitution Date.

  • In the event that a Participant delivers a notice under Section 5.8 and it is later determined that the number of Substituted Rights calculated in accordance with the formula above is less than or equal to zero, such notice shall be deemed to be void in its entirety and of no further force or effect.

Related to Substituted Rights

  • Limited rights means the rights to use, modify, reproduce, release, perform, display, or disclose technical data, in whole or in part, within the Government. The Government may not, without the written permission of the party asserting limited rights, release or disclose the technical data outside the Government, use the technical data for manufacture, or authorize the technical data to be used by another party, except that the Government may reproduce, release, or disclose such data or authorize the use or reproduction of the data by persons outside the Government if—

  • Restricted rights, as used in this clause, means the rights of the Government in restricted computer software, as set forth in a Restricted Rights Notice of paragraph (g) if included in this clause, or as otherwise may be provided in a collateral agreement incorporated in and made part of this contract, including minor modifications of such computer software.

  • Distributed Right has the meaning set forth in the definition of “Adjustment Factor.”

  • Related Rights has the meaning set forth in Section 1.1 of the Purchase and Sale Agreement.

  • Substituted Loans means the Eligible Loans evidenced by a Note or Notes substituted by the Seller, pursuant to the terms of Section 6(B) hereof, from time to time as evidenced by an Additional Sale Agreement and related documentation, together with any guarantees and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments. For all purposes hereunder, except with respect to Purchase Price or as otherwise set forth herein, Substituted Loans shall be treated as Additional Loans.

  • Retained Rights has the meaning set forth in Section 2.2.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Substituted Member means a Person that is admitted as a Member to the Company pursuant to Section 12.01.

  • Limited Right means the right to receive an amount of cash based upon the terms set forth in Section 9.

  • Substitute Option means an Option granted in substitution for, or upon the conversion of, an option granted by another entity to purchase equity securities in the granting entity.

  • Reserved Rights means amounts payable to the Issuer under Sections 4.02(b), 7.02 and 8.04 hereof.

  • Unlimited rights means the rights of the Government to use, disclose, reproduce, prepare derivative works, distribute copies to the public, and perform publicly and display publicly, in any manner and for any purpose, and to have or permit others to do so.

  • Acquired Property shall have the meaning set forth in Section 5.1.10(h)(i) hereof.

  • Substituted Specimen means a specimen with laboratory values that are so diminished that they are not consistent with oral fluid and which shall be deemed a violation of this policy, and shall be processed as if the test results were positive.

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Limited rights data means data, other than computer software, that embody trade secrets or are commercial or financial and confidential or privileged, to the extent that such data pertain to items, components, or processes developed at private expense, including minor modifications.

  • Appurtenant Rights means (i) all agreements, easements, rights of way or use, rights of ingress or egress, privileges, appurtenances, tenements, hereditaments and other rights and benefits at any time belonging or pertaining to the Land or the Improvements, including, without limitation, the use of any streets, ways, alleys, vaults or strips of land adjoining, abutting, adjacent or contiguous to the Land and (ii) all permits, licenses and rights, whether or not of record, appurtenant to the Land.

  • associated rights means all rights to payment or other performance by a debtor under an agreement which are secured by or associated with the object;

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Exchange Property has the meaning set forth in Section 11(a).

  • Tandem or “Tandem Switch” means a physical or logical switching entity that has billing and recording capabilities and is used to connect and switch trunk circuits between and among End Office Switches and between and among End Office Switches and carriers’ aggregation points, points of termination, or points of presence, and to provide Switched Exchange Access Services.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.