Examples of Transferor in a sentence
For purposes of complying with the requirements of the Delaware Act, each of the parties hereto hereby agrees that any property, assets or rights purported to be transferred, in whole or in part, by the Transferor pursuant to this Assignment shall be deemed to no longer be the property, assets or rights of the Transferor.
All authorizations, consents, orders or approvals of any court or other governmental authority required to be obtained by the Transferor in connection with the execution and delivery of this Assignment by the Transferor and the performance of the transactions contemplated by this Assignment by the Transferor, have been obtained.
THIS DEED is issued to take effect on and from the Effective Date (as defined in the Schedule) by the Transferor (as defined in the Schedule) in favour of the Transferee (as defined in the Schedule) (the “Deed”).
Without limitation of the foregoing, no recourse shall be had for the payment of any amount owing in respect of the Advances against the Transferor, the Servicer, the Transferor or any Affiliate, shareholder, manager, officer, director, employee or member of the Borrower, the Transferor, the Servicer or their respective successors or assigns.
The Transferor legally and beneficially owns the Collectible (as defined in the Schedule), and wishes to transfer and vest all of its legal and beneficial ownership in the Collectible to the Transferee (the “Transfer”).