Transfer and Assumption definition

Transfer and Assumption and “Transferee Borrower” have the respective meanings set forth in Section 6.1(p).
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Transfer and Assumption is defined in paragraph (c) of this Section 15.
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Transfer and Assumption. 5.26.2 “Transferee Borrower” - 5.26.2 “Underwriter Group” - 9.2(b) “Updated Information” - 9.1(b)(i)
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Examples of Transfer and Assumption in a sentence

  • The descriptive headings contained in this Transfer and Assumption Agreement are for convenience of reference only and shall not affect in any way the meaning or interpretation of this Transfer and Assumption Agreement.

  • Assignee shall from time to time after the date hereof at the request of Assignor and without further consideration execute and deliver to Assignor such additional instruments of assumption in addition to this Transfer and Assumption Agreement as Assignor shall reasonably request to evidence more fully the assumption by Assignee of the Liabilities.

  • This Transfer and Assumption Agreement shall be governed by and construed in accordance with the laws of the State of Delaware applicable to contracts made and to be performed entirely within that state, except that any conveyances of leaseholds and real property made herein shall be governed by the laws of the respective jurisdictions in which such property is located.

  • This Transfer and Assumption Agreement shall be governed by and construed in accordance with the laws of the State of Nevada applicable to contracts made and to be performed entirely within that state, except that any conveyances of leaseholds and real property made herein shall be governed by the laws of the respective jurisdictions in which such property is located.

  • Borrower may make a written application to Lender for Lender’s consent to the Transfer and Assumption, subject to the conditions set forth in paragraphs (b) and (c) of this Section 5.26.


More Definitions of Transfer and Assumption

Transfer and Assumption is defined in Section 11.3.
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Transfer and Assumption. 5.26.2 “Transferee Borrower” - 5.26.2 “Underwriter Group” - 9.2(b)
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Transfer and Assumption has the meaning set forth in Section 5.17 hereof.
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Transfer and Assumption. 7.1 “Transferee Borrower” - 7.1 “Transferee Guarantor” - 7.1 “Underwriter Group” - 9.2
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Transfer and Assumption is defined in Section 1.1 of the Loan Agreement.
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Transfer and Assumption. 5.26 "Transferee Borrower" - 5.26 "Undefeased Note " - 2.
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Transfer and Assumption is defined in paragraph (c) of this Section 15. (b) Borrower shall not directly or indirectly make, suffer or pennit the occurrence of any Transfer other than a Permitted Transfer. (c) Notwithstanding the foregoing, Borrower shall have a one-time right to Transfer the Property to another party (the "TRANSFEREE BORROWER") and have the Transferee Borrower assume all of Borrower's obligations under the Loan Documents, and have replacement guarantors and indemnitors assume all of the obligations of the indemnitors and guarantors of the Loan Documents (collectively, a "TRANSFER AND ASSUMPTION"). Borrower may make a written application to Lender for Lender's consent to the Transfer and Assumption, subject to the conditions set forth in subparagraphs (i) and (ii) of this paragraph (c). Together with such written application, Borrower will pay to Lender the reasonable review fee then required by Lender. Borrower also shall pay on demand all of the reasonable costs and expenses incurred by Lender, including reasonable attorneys' fees and expenses, and including the fees and expenses of Rating Agencies and other outside entities, in connection with considering any proposed Transfer and Assumption, whether or not the same is permitted or occurs. (i) Lender's consent, which may be withheld in Lender's reasonable discretion, to a Transfer and Assumption shall be subject to the following conditions:
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