Examples of Transferred Contracts in a sentence
The Collateral Manager may, with the prior consent of the Facility Agent, subcontract with any other Person for the management, administering or collecting the Transferred Contracts; provided that the Collateral Manager shall remain liable for the performance of the duties and obligations of the Collateral Manager pursuant to the terms hereof.
This Section 4.5(a) shall not limit the obligations with respect to Transferred Contracts and Commingled Contracts set forth in Section 4.19.
The Collateral Manager shall not, and shall not permit any of its Affiliates to, deposit or permit the deposit of any funds that do not constitute Collections of Contract Payments or other proceeds of any Transferred Contracts into a Lockbox Account or the Collection Account.
The Collateral Manager shall manage, service, administer and make collections on the Transferred Contracts and perform the other actions required to be taken by the Collateral Manager in accordance with the terms and provisions of this Agreement.
The Borrower has given fair consideration and reasonably equivalent value to the Equityholder in exchange for the purchase of the Transferred Contracts (or any number of them).