Transferred Property definition

Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

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Transferred Property means property, rights and liabilities of GFCV that, under this Part have vested in, or become liabilities of, a transferee;

Transferred Property has the meaning assigned thereto in the Receivables Purchase Agreement.

Examples of Transferred Property in a sentence

No Receivable or other Transferred Property has been sold, transferred, assigned, or pledged by the Seller to any Person other than the Purchaser.
It is the intention of the Seller that the transfer and assignment herein contemplated constitute a sale of the Receivables and the Transferred Property from the Seller to the Purchaser and that the beneficial interest in and title to such Receivables and the Transferred Property not be part of the Seller’s estate in the event of the filing of a bankruptcy petition by or against the Seller under any bankruptcy law.
The conveyance to the Purchaser of the Receivables and other Transferred Property relating thereto is intended as a sale free and clear of all Liens and it is intended that the Initial Transferred Property and other property of the Purchaser shall be an absolute conveyance and shall not be part of the Seller’s estate in the event of the filing of a bankruptcy petition by or against the Seller under any bankruptcy law.
The Receivables and the other Transferred Property are being transferred with the intention of removing them from Seller’s estate pursuant to Section 541 of the United States Bankruptcy Code, as the same may be amended from time to time.
The parties hereto intend that the conveyance hereunder be a sale of the Receivables and the other Transferred Property from the Seller to the Purchaser and not a financing secured by such assets; and the beneficial interest in and title to the Receivables and the other Transferred Property shall not be part of the Seller’s estate in the event of the filing of a bankruptcy petition by or against the Seller under any bankruptcy law.

More Definitions of Transferred Property

Transferred Property means the Initial Transferred Property and the Subsequent Transferred Property, collectively.

Transferred Property means Contributed Property or Purchased Property.

Transferred Property means the Transferred CPS Property and the Transferred Samco Property.

Transferred Property means any property, rights or liabilities, or any undertaking or part of an undertaking, falling within paragraphs (a) to

Transferred Property has the meaning set forth in Section 7.11.C. hereof.

Transferred Property is defined in Section 3(a).

Transferred Property means the Initial Transferred Property and the Subsequent Transferred Property.