Assigned Commitments definition

Assigned Commitments means the Commitments of Non-Extending Lenders to be replaced pursuant to Section 2.15(b)(ii)(2)(Y).

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Assigned Commitments has the meaning set forth in Section 2 hereof;

Assigned Commitments shall have the meaning set forth in Section 2.16(d).

Examples of Assigned Commitments in a sentence

As full consideration for the sale of the Assigned Loans and the Assigned Commitments, the Assignee shall pay to the Assignor on the Assignment Date the principal amount of the Assigned Loans (the “Purchase Price”).
The Assignee acknowledges that it is purchasing the Assigned Loans and the Assigned Commitments from the Assignor without recourse and, except as provided in Section 3 hereof, without representation or warranty.
The Assignor represents and warrants that it is legally authorized to enter into and deliver this Agreement and represents that it is the legal and beneficial owner of the Assigned Loans and the Assigned Commitments and that such Assigned Loans and Commitments are free and clear of any adverse claim.
From and after the Effective Date, the Assignor shall have no rights or obligations with respect to the Assigned Loans and the Assigned Commitments.
Neither this Agreement nor any right created hereby or in any agreement entered into in connection with the transactions contemplated hereby shall be assignable by any party hereto; provided, however, that Purchaser may assign the right to take title to all or a portion of the Assets and the obligation to assume all or a portion of the Assumed Liabilities and Assigned Commitments hereunder to a subsidiary of Purchaser without the consent of Sellers or Parent.

More Definitions of Assigned Commitments

Assigned Commitments means the Commitments of Non-Extending Lenders to be replaced pursuant to Section 2.15(b)(ii)(B)(2). “Assignees” means, at any time, Increasing Lenders and, if the Assigned Commitments exceed the aggregate amount of the Proposed Additional Commitments, one or more New Lenders. “Assignment Date” means the Anniversary Date or such earlier date as shall be acceptable to the U.S. Borrower, the relevant Assignors, the relevant Assignees and the Administrative Agent. “Assignors” means, at any time, the Lenders to be replaced by the U.S. Borrower pursuant to Section 2.15(b)(ii)(B)(2). The “Assumed Commitment” of each Assignee shall be determined as follows:

Assigned Commitments means those Commitments listed in the Disclosure Schedule pursuant to Section 3.9 that are denoted as Commitments the rights and obligations under which are to be assigned to, and assumed by, Purchaser. The parties agree that "Assigned Commitments" shall include (but is not limited to) Sellers' settlement agreement with ▇▇▇▇▇▇ ▇▇▇▇ dated December 23, 1999 and the payment of $180,000.00 due to ▇▇. ▇▇▇▇ in connection therewith.

Assigned Commitments means the Commitments of Non-Extending Lenders -------------------- to be replaced pursuant to Section 2.15(b)(ii)(2)(Y). "Assignees" means, at any time, Increasing Lenders and, if the --------- Assigned Commitments exceed the aggregate amount of the Proposed Additional Commitments, one or more New Lenders.

Assigned Commitments. (a) provided, however, than any Commitments which require consent to ------ assignment shall not be deemed "Assigned Commitments" or assumed by Purchaser until the required consent has been received by Purchaser.

Assigned Commitments means the Commitments attached hereto collectively as Exhibit 1 and any other Commitments entered into prior to the Closing (i) in the ordinary course of Seller's business or (ii) with the consent of Buyer (which shall not be unreasonably withheld), whether or not the consent of the counterparty to the assignment of such Commitment has been received prior to the Closing.

Assigned Commitments means the Commitments of

Assigned Commitments is defined in the Recitals.