Transferred Rights definition

Transferred Rights means the rights and benefits transferred to the Trustee in Clause 4(B);

Transferred Rights means an undivided 100% interest in Seller’s and Original Holder’s right to and title and interest in:

Transferred Rights means (i) all of Seller’s rights in its capacity as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the Loans, including without limitation any Guaranty (excluding, however, the Retained Interest, if any) and (ii) to the extent relating to the rights set forth in the preceding clause (i) and permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of Seller in its capacity as a Lender against any Entity, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity.

Examples of Transferred Rights in a sentence

• Seller has good and marketable title to the relevant Purchased Note and Transferred Rights, free and clear of all liens, pledges and encumbrances of any kind.

• The obligation of Purchaser hereunder to purchase the Purchased Note and the Transferred Rights on the terms contemplated hereby at the Closing is subject to the satisfaction, at or before the Transfer Closing Date of each of the following conditions, provided that these conditions are for Purchaser’s sole benefit and may be waived by such Purchaser at any time in its sole discretion.

• By its signatures hereto the Borrower accepts the assignment of the Transferred Rights to Buyer and agrees that Buyer may convert the Transferred Rights into shares of the Company’s common stock.

• As of the Closing Date, the Seller has paid any and all amounts and charges due and owing to any person with respect to the Seller’s SCC Rights to be Transferred in the Transferred Rights and there are no unpaid amounts or charges claimed to be due to any person from the Seller with respect to such Seller’s SCC Rights.

• The Purchaser understands the book entries representing any Transferred Rights received by it may have a restrictive legend similar to the one that follows: THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY OTHER APPLICABLE SECURITIES LAW, AND MAY NOT BE TRANSFERRED IN THE ABSENCE OF REGISTRATION THEREUNDER OR ANY EXEMPTION THEREFROM.

More Definitions of Transferred Rights

Transferred Rights shall have the meaning given to such term in the Participation Agreement.

Transferred Rights means: all of the Existing Trustee’s rights, title and interest in, to and under the GATS Trust Instrument, but excluding the Trustee Interest and excluding the Retained Rights of the Existing Trustee; and all of the Existing Trust Company’s rights, title and interest in, to and under the GATS Trust Instrument, but excluding the Retained Rights of the Trust Company.

Transferred Rights has the meaning given thereto in the Trust Deed;

Transferred Rights means, with respect to each Seller, any and all of such Seller’s right, title, and interest in, to and under the aggregate principal amount of Interim Loans set forth opposite such Seller’s name in Schedule A and, to the extent related thereto, the following:

Transferred Rights means the rights and benefits transferred to the Trustee under Clause 4.2;

Transferred Rights means any and all of Seller’s right, title and interest in, to and under the Senior Loans (including any commitment to make Advances) and, to the extent related thereto, the following:

Transferred Rights means, collectively, the Transferred Charterer Rights and the Transferred Guarantor Rights.