Examples of Transferred Debt in a sentence
Former Transferred Debt – The debt associated with the non-current assets of the former Greater Manchester and Lancashire County Councils, passed to the successor authorities with debt administration being managed by the Council.
Interest accrued through the day prior to the Closing Date and not yet due and payable and any principal, interest and other amounts due and payable at the Closing Date pursuant to the Transferred Debt; provided, however, transfer fees due and payable to holders of Transferred Debt shall be paid in accordance with Section 8.9 hereof.
The Lender shall have consented to the transfer of the Property subject to the Transferred Debt as contemplated by Section 2.3, or Heritage LP shall have agreed to refinance or pay off such Mortgage Debt.
Attest: STATE STREET CORPORATION By /s/Xxxxxx Xxxxxx Xxxxxxxx By /s/Xxxxxxx Xxxxxxxx Xxxxxxx ------------------------------- ----------------------------- Name: Xxxxxx Xxxxxx Xxxxxxxx Name: Xxxxxxx Xxxxxxxx Xxxxxxx Title: Vice President and Counsel Title: Executive Vice President and General Counsel Attest: BANKBOSTON, N.A. By /s/Xxxxxx X.
All instruments and agreements reasonably required by the Lender in connection with the transfer of the Transferred Debt to Heritage LP, executed by Heritage LP, if required; and the disbursements by Heritage LP of the REIT Capital Contribution to the Lender on behalf of Heritage LP in accordance with Section 2.3 hereof in order to repay in full such portion of the Mortgage Debt that is not Transferred Debt.