Transferred Contract definition

Transferred Contract means each Contract which appears on an Advance Request submitted to the Paying Agent by the Borrower and that is purchased pursuant to the Sale Agreement. Any Contract that is released from the Lien granted to the Facility Agent for the benefit of the Secured Parties pursuant hereto, including any Contract that is purchased by the Equityholder pursuant to Section 6.1 of the Sale Agreement following the Paying Agent’s receipt of the Repurchase Amount for such Contract, shall not be a “Transferred Contract” after such Contract is so released.

Transferred Contract means (a) any Note, any Asset Document, any Collateral Document, any Related Agreement or any other contract or instrument defined as included within any Loan or Acquired Property, or (b) any operating or similar agreement with respect to any Entity formed by the Receiver or any predecessor in interest and transferred to the Company on the Closing Date pursuant to the Transfer Agreement; provided, however, that no contract or instrument that was disaffirmed or repudiated by the Receiver prior to the Cut-Off Date, and no Transferor Loan-Servicing Contract, will constitute a Transferred Contract.

Transferred Contract means (i) any Contract that relates exclusively to the Business, (ii) any Contract set forth on Schedule III, and (iii) that portion of any Shared Contracts that is identified by Buyer and Seller as reasonably necessary for Buyer to continue operation of the Business upon termination of any service provided under the Transition Services Agreement.

Examples of Transferred Contract in a sentence

• Any Taxes, fees and other governmental charges payable by the Borrower in connection with the execution and delivery of this Agreement and the other Transaction Documents and the transactions contemplated hereby or thereby including the transfer of each Transferred Contract and the Related Security to the Borrower have been paid or shall have been paid if and when due at or prior to the Effective Date or the Advance Date, as applicable.

• In addition, the Borrower shall in connection with such substitution deliver to the Custodian the related Contract File and shall pay to each Hedge Counterparty, as applicable, all Hedge Breakage Costs, if any, incurred in connection with the substitution of such Transferred Contract pursuant to this Section 7.12 and the termination of any Hedge Transactions, in whole or in part, in connection therewith.

• Upon the purchase and/or contribution of each Transferred Contract pursuant to the this Agreement or the Sale Agreement, the Borrower shall be the lawful owner of, and have good title to, such Transferred Contract and all assets relating thereto, free and clear of any Adverse Claim.

More Definitions of Transferred Contract

Transferred Contract means (i) any Contract that relates exclusively to the Business, (ii) any Contract set forth on Schedule 1.01(e), and (iii) that portion of any Shared Contracts that is identified by Buyer and Sellers as reasonably necessary for Buyer to continue operation of the Business upon termination of any service provided under the Transition Services Agreement.

Transferred Contract means each Whole Transferred Contract and each Relevant Part of each Split Transferred Contract;

Transferred Contract means (i) any contract or agreement to which a Transferred Entity is a party and (ii) any contract or agreement that is a Chubb Asset.

Transferred Contract shall have the meaning set forth in Section 5.5(d).

Transferred Contract has the meaning set forth in the Purchase Agreement.

Transferred Contract means each Contract to which Xxxxxx Parent or any of its Subsidiaries (other than the JV and its Subsidiaries) is a party and that is primarily related to the Xxxxxx International Business, but excluding all real estate leases and employment or independent contractor agreements.

Transferred Contract shall have the meaning set forth in Section 11.3.