Third Party Assignment definition

Third Party Assignment. The meaning given to such term in Section 12.16.

Third Party Assignment. As defined in Section 12.15 hereof.

Third Party Assignment has the meaning given to it in Section 16.1(a).

Examples of Third Party Assignment in a sentence

• If Purchaser assigns any rights under this Agreement to a third party (a “Third Party Assignment”), such third party (a “Third Party Assignee”) shall enter into a new agreement (a “Third Party Current Spread Agreement”) with Seller or Seller’s assignee that provides such Third Party Assignee with the same rights with respect to the Current Excess Servicing Spread that Purchaser would have had under this Agreement if the Third Party Assignment had not occurred.

• If Purchaser assigns any rights under this Agreement to a third party (a “Third Party Assignment“), such third party (a “Third Party Assignee“) shall enter into a new agreement (a “Third Party Future Spread Agreement“) with Seller or Seller’s assignee that provides such Third Party Assignee with the same rights with respect to the Future Excess Servicing Spread that Purchaser would have had under this Agreement if the Third Party Assignment had not occurred.

• If Purchaser assigns any rights under this Agreement to a third party (a “Third Party Assignment”), such third party (a “Third Party Assignee”) shall enter into a new agreement (a “Third Party Current Spread Agreement”) with Seller or Seller’s assignee that provides such Third Party Assignee with the same rights with respect to the Current Excess Servicing Spread Rights that Purchaser would have had under this Agreement if the Third Party Assignment had not occurred.

• If Purchaser assigns any rights under this Agreement to a third party (a “Third Party Assignment“), such third party (a “Third Party Assignee“) shall enter into a new agreement (a “Third Party Current Spread Agreement“) with Seller or Seller’s assignee that provides such Third Party Assignee with the same rights with respect to the Current Excess Servicing Spread that Purchaser would have had under this Agreement if the Third Party Assignment had not occurred.

• If Purchaser assigns any rights under this Agreement to a third party (a “Third Party Assignment”), such third party (a “Third Party Assignee”) shall enter into a new agreement (a “Third Party Future Spread Agreement”) with Seller or Seller’s assignee that provides such Third Party Assignee with the same rights with respect to the Future Excess Servicing Spread Rights that Purchaser would have had under this Agreement if the Third Party Assignment had not occurred.

More Definitions of Third Party Assignment

Third Party Assignment has the meaning given to it in Clause 11.1.2;

Third Party Assignment is defined in Section 6.5.

Third Party Assignment shall have the meaning assigned to such term in Section 9.14(b)(ii).

Third Party Assignment means a Dealer Assignment or a Receivable Assignment.

Third Party Assignment as applicable: the definition of "Other Conveyed Property" in Section 1.01; Section 2.03(iv); and paragraphs 14, 17, 18 and 25 of Schedule B.

Third Party Assignment means a complete assignment of this Lease or a sublease of all or substantially all of the Premises for all or substantially all of the then remaining Term, other than any Assignment (a) to an Affiliate of Tenant, or (b) made in connection with a Permitted Transfer. The Assignment Notice shall specify the earliest date (the "TARGET DATE") upon which Tenant may make a Third-Party Assignment; the Target Date may not be earlier than six (6) months from the date the Assignment Notice is given to Landlord. Following receipt of an Assignment Notice, Landlord shall have the option, which may be exercised in Landlord's sole discretion by giving written notice to Tenant within thirty (30) days after Landlord's receipt of the Assignment Notice, to terminate this Lease effective as of the Termination Date to be specified by Tenant as herein provided. If within thirty (30) days after Landlord's receipt of the Assignment Notice Landlord shall by written notice to Tenant elect to terminate the Lease, Tenant may at any time thereafter send a supplemental written notice to Landlord (a "TERMINATION DATE NOTICE") specifying the date upon which this Lease shall terminate (the "TERMINATION DATE"); provided, however, that Tenant may not specify as the Termination Date any date that is (i) earlier than the Target Date, (ii) later than six months after the Target Date, and (iii) less than sixty (60) days after the date the Termination Date Notice is given by Tenant to Landlord. If Tenant shall fail to give a Termination Date Notice, the Termination Date shall be the date that is six months after the Target Date. If Landlord fails to notify Tenant in writing of such election within the thirty (30) day period after Landlord's receipt of the Assignment Notice, (x) Landlord shall be deemed to have waived its right to terminate this Lease under this Section 10.10, (y) Tenant need not give a Termination Date Notice and no Termination Date shall be established pursuant to this Section 10.10, and (z) the provisions of this Section 10.10 shall be of no further force or effect; provided, however, that if Tenant shall send an Assignment Notice to Landlord and Landlord does not within thirty (30) days of receipt thereof give written notice terminating this Lease, and if Tenant does not make a Third-Party Assignment within twenty-four (24) months of the date of such Assignment Notice, then Landlord's rights under this Section 10.10 shall be reinstated, and Landlord and Tenant shall have the ...

Third Party Assignment. A Dealer Assignment or a Receivable Assignment.