Transaction Assets definition

Transaction Assets has the meaning given in Paragraph H.1(a) of the Purchase and Sale Terms.
Transaction Assets means each and every Receivable, all Related Security, if any, with respect thereto, each and every Collection with respect thereto and all proceeds of any of the foregoing.
Transaction Assets shall, collectively, mean the assets designated as such in each Amended Senior Secured Credit Facility.

Examples of Transaction Assets in a sentence

  • If there are insufficient funds available to the Issuer from the Transaction Assets to pay in full all principal, interest and other amounts due in respect of the Notes at the Final Legal Maturity Date, then the Noteholders will have no further claim against the Issuer in respect of any such unpaid amounts and such unpaid amounts shall be deemed discharged in full.

  • In addition to the foregoing, the Lenders, the Agent and the Collateral Agent hereby agree that the Qualified Receivables Transaction Assets shall not be subject to the Liens in favor of the Collateral Agent.

  • Repayment of the Notes is limited to the funds received from or derived from the Transaction Assets.

  • Type of Transaction: Assets or Services transaction Remark * Personnel system is provided for only Bangkok Can Manufacturing Co., Ltd.

  • In the event the related Transaction is recharacterized as a secured financing of the Transaction Asset, the provisions of this Agreement are effective to create in favor of Buyer a valid security interest in all rights, title and interest of Seller in, to and under the Transaction Assets and Buyer shall have a valid, perfected first priority security interest in the Transaction Assets.


More Definitions of Transaction Assets

Transaction Assets shall have the meaning provided in Section 8 hereof.
Transaction Assets shall have the meaning set forth in Paragraph 13 of this Annex I.
Transaction Assets. Affiliate" means any Person (other than the Agent or any Lender)
Transaction Assets means all Transaction Advances specified on the Monthly Report delivered by the Borrower pursuant to Section 8.4, in each case which satisfy the following requirements:
Transaction Assets. The collective reference to any and all property from time to time subject to security interests to secure payment or performance of the Senior Obligations or the Subordinated Obligations, as applicable.
Transaction Assets is defined in the recitals.
Transaction Assets has the meaning set forth in Section 14.6(c)(i).