Takeout Assignment definition

Takeout Assignment means an assignment executed by the Seller, whereby the Seller irrevocably assigns its rights and obligations under a Takeout Commitment, and which assignment shall be substantially in the form and content of Exhibit H hereto.
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Takeout Assignment shall refer to an assignment, substantially in the form of Exhibit D hereto, executed by the Seller in favor of Buyer assigning all of the Seller's rights under a Takeout Commitment;
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Takeout Assignment. The assignment by a Seller to Buyer of a Seller's rights under a specific Takeout Commitment, in the form of Exhibit H-1, or of a Seller's rights under all Takeout Commitments, in the form of Exhibit H-2.
Sample 1

Examples of Takeout Assignment in a sentence

  • If requested by the Buyer, each Takeout Commitment (if any) has been duly and validly assigned by the Seller to the Buyer pursuant to a Takeout Assignment.

  • Any student who loses an I.D. card will be required to pay a replacement fee for the card.

  • If requested by the Buyer and to the extent not expressly prohibited under the terms of such Takeout Commitment, each Takeout Commitment (if any) has been duly and validly assigned by the Seller to the Buyer pursuant to a Takeout Assignment.

  • Each Takeout Commitment (if any) has been duly and validly assigned by the Borrowers to the Lender pursuant to a Takeout Assignment.

  • The Borrowers shall promptly deliver to the Lender a Takeout Assignment for each Takeout Commitment relating to any Mortgage Loan.

  • Notwithstanding the assignments hereunder, other than the obligation of the Seller to deliver the applicable Mortgage Loans against the receipt by the Administrative Agent of an amount equal to the Anticipated Takeout Amount therefor, none of the Administrative Agent, any Funding Agent or any Purchaser is receiving or assuming any obligation of the Seller under any Sale Agreement, Takeout Commitment, or Takeout Assignment.

  • Each Takeout Commitment (if any) has been duly and validly assigned by the Borrowers to the Agent pursuant to a Takeout Assignment.

  • The Servicer shall cause the Facility Custodian, pursuant to the Custodial Agreement, to maintain possession of each AOT Participation Certificate, COLB Participation Certificate, AOT Takeout Assignment and the Mortgage File with respect to each Mortgage Loan which constitutes security for any Pool Asset except for any Mortgage Documents (x) held by any Investor pursuant to a bailment letter or (y) held by the agent with respect thereto in connection with any Indirect Syndicated Loan Agreement.

  • HMC shall promptly provide such further assurances or ------------------ agreements as Buyer may request in order to effect the purposes of the Agreement and the Takeout Assignment.

  • The Borrowers shall promptly deliver to the Agent a Takeout Assignment for each Takeout Commitment relating to any Mortgage Loan.


More Definitions of Takeout Assignment

Takeout Assignment means an assignment executed by the Borrowers, whereby the Borrowers irrevocably assign their rights and obligations under a Takeout Commitment, and which assignment shall be substantially in the form and content of Exhibit I hereto.
Sample 1

Related to Takeout Assignment

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Loan Assignment has the meaning set forth in the Purchase and Sale Agreement.

  • IP Assignment a collateral assignment or security agreement pursuant to which an Obligor grants a Lien on its Intellectual Property to Agent, as security for the Obligations.

  • First Assignment means: the relevant Assignment; orif, prior to the relevant Assignment:

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • Charterparty Assignment means, in relation to a Ship, the deed of assignment of any Charterparty in favour of the Security Trustee, in such form as the Lenders may approve or require;

  • Purchase Agreement Assignment means the Purchase Agreement and Engine Warranties Assignment [________], dated as of even date with the Participation Agreement, between Lessee and Owner Trustee.

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • Dealer Assignment means, with respect to a Receivable, the executed assignment executed by a Dealer conveying such Receivable to AmeriCredit or an Originating Affiliate.

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • Collateral Assignment Agreement has the meaning set forth in Section 10.05.

  • prospective assignment means an assignment that is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Qualified assignment agreement means an agreement providing for a qualified assignment within the meaning of section 130 of the Internal Revenue Code.

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.

  • Assignment / job means the work to be performed by the Consultant pursuant to the Contract.

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • Charter Assignment means a specific assignment of any Extended Employment Contract required to be executed hereunder by either Owner in favour of the Bank (including any notices and/or acknowledgements and/or undertakings associated therewith) in such form as the Bank may require in its sole discretion;

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

  • Collateral Assignments means, collectively, the Assignment of the Development Agreement, and the Assignment of Management Agreement, the Assignment of the Right to Receive Tax Credits, Capital Contributions and Partnership Interests, each in form and substance satisfactory to the Significant Bondholder and the Financial Monitor and as each may be amended or supplemented from time to time with the prior written consent of the Significant Bondholder.

  • Appraisal assignment means an engagement for which an appraiser is employed or retained to act, or would be perceived by third parties or the public as acting, as a disinterested third party in rendering an unbiased appraisal.

  • Earnings Assignment means, in relation to a Ship, an assignment of the Earnings and any Requisition Compensation of that Ship, in the form set out in Appendix D;

  • Patent Assignment each patent collateral assignment agreement pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s interests in its patents, as security for the Obligations.

  • Long Term Supply Assignment means, in relation to an employee,

  • General Assignment means, in relation to a Ship, a general assignment of (inter alia) the Earnings, the Insurances and any Requisition Compensation relative to that Ship in the Agreed Form and, in the plural, means all of them;