Asset definition
Examples of Asset in a sentence
The payment and performance of the Secured Obligations shall at all times be guaranteed by each Wholly-owned Subsidiary of the Borrower that owns a Borrowing Base Asset pursuant to Section 11 hereof or pursuant to one or more guaranty agreements in form and substance reasonably acceptable to the Administrative Agent, as the same may be amended, modified or supplemented from time to time.
Seller shall reimburse Buyer for all due diligence costs relating to Buyer’s review of any Purchased Asset (including, without limitation, legal costs, custodial fees and third-party due diligence costs and fees).
In the event of any conflict, the Asset Purchase Agreement shall control.
All intellectual property related to the Products shall remain the exclusive property of SOWG, except as expressly transferred under the Asset Purchase Agreement.
On or before the Purchase Date for each Purchased Asset, Seller has instructed the related Mortgagor, borrower or other obligor, as applicable, in writing to pay all amounts due under such Purchased Asset to the applicable Servicer.