Obligations of Transferor. The obligations of Transferor under this Agreement shall not be affected by reason of any invalidity, illegality or irregularity of any Receivable.
Obligations of Transferor. 11 SECTION 6.02.
Obligations of Transferor. 23 TABLE OF CONTENTS (continued)
Obligations of Transferor. Transferor shall not be released from its primary liability as Lessee under the Lease and shall continue to be obligated for all obligations of "Lessee" under the Lease, which obligations shall continue in flaIl force and effect as obligations of a principal and not of a guarantor or surety, as though no assignment had been made and notwithstanding the rejection of the Lease by the Transferee or its successor or assign pursuant to Section 365 of Title 11 of the United States Code, any provision of the Bankruptcy Code, or any similar law relating to bankruptcy, insolvency, reorganization or the rights of creditors.
Obligations of Transferor. 1. Party B shall actively cooperate with Party A or any third party designated by Party A to conduct due diligence on the Target Company, including financial and legal due diligence and other due diligence related to this acquisition.
Obligations of Transferor. The obligations of the Transferor shall not be affected by the invalidity, illegality or irregularity of any Receivable.
Obligations of Transferor. A Transfer pursuant to this Section shall not relieve the transferor from any obligations and liabilities which may have arisen prior to the date of such Transfer had such Transfer not occurred. In the event that a Member’s Units are subject to attachment by a creditor or are assigned or held for the benefit of any creditor, the interest obtained by such creditor or assignee shall be only that of a lienholder, and in no event shall any such creditor or assignee have any rights as a Member.
Obligations of Transferor. TABLE OF CONTENTS (continued) Page 7.02 Repurchase Events..................................................22 7.03 Purchaser's Assignment of Repurchased Receivables..................24 7.04 Subsequent Transfer and Pledge.....................................24 7.05 Amendment..........................................................24 7.06 Waivers............................................................24 7.07 Notices............................................................24 7.08 Costs and Expenses.................................................25 7.09 Representations....................................................25
Obligations of Transferor. Except as otherwise expressly provided in this Agreement in respect of the Liabilities, the Transferor shall be responsible for and shall duly and punctually pay and discharge all debts, taxation and other liabilities in connection with the Business existing at the close of business on the Transfer Date or arising, accruing or assessed in respect of any period (or part thereof) or in consequence of any transaction carried out prior thereto.
Obligations of Transferor. 9 SECTION 5.2. Transferor's Assignment of Purchased Receivables..............9 SECTION 5.3. Subsequent Transfer to Issuer and Indenture Trustee...........9 SECTION 5.4. Amendment.....................................................9 SECTION 5.5. Waivers......................................................11 SECTION 5.6. Notices......................................................11 SECTION 5.7. Costs and Expenses...........................................11 SECTION 5.8. Representations to Transferor................................11 SECTION 5.9. Governing Law................................................11 SECTION 5.10. Counterparts.................................................11 SECTION 5.11. Third Party Beneficiaries....................................11 PURCHASE AGREEMENT THIS PURCHASE AGREEMENT (as from time to time amended, supplemented or otherwise modified and in effect, this "AGREEMENT") is made as of this 1st day of June, 2001 by and between GERMAN AMERICAN CAPITAL CORPORATION, a Maryland corporation (the "TRANSFEROR"), and ACE SECURITIES CORP., a Delaware corporation (the "PURCHASER").
