Asset Holder definition
Examples of Asset Holder in a sentence
The Participant shall not be entitled to recover from the Reclaim Fund any additional amounts (by way of interest or otherwise) to compensate it for funding repayment to a Dormant Asset Holder on behalf of the Reclaim Fund in the interval between repaying a Dormant Asset Holder under clause 2.2 of this Part B and recovering the relevant amount from the Reclaim Fund under clause 2.5 of this Part B.
The Participant shall ensure that it takes reasonable steps to verify the identity of any Dormant Asset Holder who attempts to reclaim a Dormant Asset Balance in accordance with Applicable Laws and Regulations, Regulatory Expectations and Best Industry Practice as applicable at the relevant time (in each case relating to the verification of the identity of Dormant Asset Holders and as applicable at the relevant time).
The Participant shall ensure that it takes reasonable steps to attempt to trace any Dormant Asset Holders and re-unite any Dormant Assets with their Dormant Asset Holder in accordance with Applicable Laws and Regulations, Regulatory Expectations and Best Industry Practice (in each case relating to the tracing of Dormant Asset Holders and the re-unification of Dormant Assets with Dormant Asset Holders and as applicable at the relevant time).
The Emmis Asset Holder has furnished to the Investors true and complete copies of the Real Estate Leases, along with all modifications and amendments thereto.
Accordingly, the Asset Holder shall have no claim or recourse against the Recipient in respect of any amount which is or remains unsatisfied after the application of the funds comprising the assets of the Recipient or representing the proceeds of realization thereof and any remaining obligation to pay any further unsatisfied amounts shall be extinguished.
The Recipient hereby assumes and undertakes to perform, pay, or discharge under the terms and conditions thereof all obligations of the Asset Holder in its capacity as the holder of Collateral under the related Collateral Obligation, to the extent such obligations are to be performed, paid, or discharged after the effectiveness of the transfer of Collateral and related Collateral Obligation to the Recipient.
The Recipient agrees to execute and deliver all such further assurances as may be reasonably requested by the Asset Holder to affect the assumption by the Recipient of the obligations of the Asset Holder under such Collateral Obligation concerning the Collateral as contemplated herein.
The real property lease agreements, including tower leases and antenna leases and licenses, set forth in Section 3.6(a) of the Contributors’ Disclosure Letter are the only real property leases to which the Emmis Asset Holder or any of its Affiliates is, and after giving effect to the consummation of the transactions contemplated by the Contribution Agreement, the Company will be, a party and that relate to the business of the Stations (the “Real Estate Leases”).
To ▇▇▇▇▇▇▇▇'▇ knowledge, except as disclosed in Section 5.1.4 of the ▇▇▇▇▇▇▇▇ Disclosure Memorandum, all of the transmitting towers, ground radials, guy anchors, transmitting buildings and related improvements, if any, located on the real property owned or leased by ▇▇▇▇▇▇▇▇ or a ▇▇▇▇▇▇▇▇ Asset Holder are located entirely on such real property.
This Agreement has been duly executed and delivered by the Asset Holder, and constitutes the legal, valid, and binding obligations of the Asset Holder, enforceable against the Asset Holder under its terms, subject to bankruptcy, insolvency, and other limitations on creditors’ rights generally, to any applicable law imposing limitations upon, or otherwise affecting, the availability or enforcement of rights to indemnification hereunder and to equitable principles.