Examples of Transferred Security in a sentence
Any subsequent transfer of a Transferred Security by a Transferee shall be subject to the limitations of this Section 2.17(a) and shall be void ab initio, and no Person shall otherwise become a Holder of such Transferred Security, unless this Section 2.17(a) is satisfied.
The Transferor Lender undertakes not to between the date of this Agreement and the Closing Date terminate, amend, or breach any of the Transferred Contract and the Transferred Security Agreements without the prior written consent of the Transferee Lender.
The foregoing assignment shall include (i) any and all amendments, supplements, and modifications to the Leases and guaranties thereof, if any, the Contracts, the Pedestrian Bridge Agreement and the Metra Declaration and (ii) all of Assignor’s right, title and interest in and to the Transferred Security Deposits (as defined in the Purchase Agreement).
Elimination Period: 90 days of continuous Disability Maximum Benefit Duration: The duration shown below: Age on Date Maximum Benefit Disability Starts Duration ----------------- -------- Less than 60 To age 65 60 60 months 61 48 months 62 42 months 63 36 months 64 30 months 65 24 months 66 21 months 67 18 months 68 15 months 69 and over 12 months Work Incentive: Work while Disabled: No offset for employment earnings during the first 24 months after you have satisfied your Elimination period.
Assignee acknowledges that, simultaneously with the execution hereof, Assignee has received $ from Assignor as described on Schedule C attached hereto, ***[and an assignment of the letters of credit set forth on Schedule C attached hereto]***, in respect of the Transferred Security Deposits.
Assignee hereby expressly assumes all of the obligations imposed upon the lessor under the Leases (including, without limitation, the lessor's obligation to return any Transferred Security Deposits (as defined in that certain Purchase and Sale Agreement between Assignor and Assignee dated as of ) [_j, 20_ (the "Purchase Agreement")) and (y) all of tl1e obligations imposed upon the owner of the Premises under the Contracts.
Assignee hereby expressly assumes (x) all of the obligations imposed upon the lessor under the Leases which accrue from and after the date hereof (including, without limitation, the lessor's obligation to return any Transferred Security Deposits to the extent Assignee received such Transferred Security Deposits) and (y) all of the obligations imposed upon the owner of the Premises under the Contracts which accrue from and after the date hereof.
Assignee acknowledges that, simultaneously with the execution hereof, Assignee has received $ from Assignor and an assignment of the letters of credit, if any, set forth on Schedule C attached hereto in respect of the Transferred Security Deposits.
Printout Date: July 6, 2004 Total Balance of Outstanding Loans: $331,072.01 Total Outstanding Leases Guaranteed: 28 Amount of Transferred Security: Gentlemen: Contemporaneously herewith we are purchasing from the above Lessor and it is transferring to us its rights, title and interest in the motor vehicles (“Cars”) and/or equipment, (“Equipment”) listed in your computer printout referred to above, a copy of which we have initialed for identification, and its related reserve in the above amount (“Reserve”).
Assignee hereby expressly assumes all of the obligations (i) imposed upon the lessor under the Leases which accrue from and after the date hereof, including, without limitation, the lessor’s obligation to return any Transferred Security Deposits (as defined in that certain Purchase and Sale Agreement (the “Purchase Agreement”) between Assignor and Assignee, dated , 2007), and (ii) imposed upon Assignor under the Contracts which accrue from and after the date hereof.