Assigned Contracts definition

Assigned Contracts has the meaning set forth in Section 2.01(c).

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Assigned Contracts. With respect to any Pledged Asset Loan: the Credit Support Pledge Agreement; the Funding and Pledge Agreement, among GMAC Mortgage Corporation, National Financial Services Corporation and the Mortgagor or other person pledging the related Pledged Assets; the Additional Collateral Agreement, between GMAC Mortgage Corporation and the Mortgagor or other person pledging the related Pledged Assets; or such other contracts as may be set forth in the Series Supplement.

Assigned Contracts shall have the meaning set forth in Section 2.1(a)(ii).

Examples of Assigned Contracts in a sentence

• As of the Closing Date, each Seller Entity will have made all required payments then due and payable under the Assigned Contracts and Oral Arrangements to which it is a party.

• No Seller Entity is in material breach, is in material default under or has repudiated, and, to the Knowledge of Seller, no other party to any of the Assigned Contracts or any Oral Arrangement has materially breached, has materially defaulted under or has repudiated, any of the Assigned Contracts or any Oral Arrangement to which it is a party.

• Except to the extent consent of the other party thereto is required, all Assigned Contracts and each Oral Arrangement, as applicable, shall be assigned to Buyer pursuant to this Agreement and the Transaction Documents and will be in full force and effect immediately thereafter, in each case without breaching the terms thereof or resulting in the forfeiture or impairment of any rights thereunder.

• Each of the Assigned Contracts and each Oral Arrangement is in material compliance with all applicable Laws and constitutes an enforceable obligation of the applicable Seller Entity and, to the Knowledge of Seller, the other parties thereto, and is in full force and effect.

More Definitions of Assigned Contracts

Assigned Contracts means all contracts, licenses, instruments, obligations, promises, undertaking, and equipment leases and other agreements, whether written or oral, which are used in, support the production and sale of the Products or are related to the Seller Business;

Assigned Contracts has the meaning set forth in Section 5.13(b).

Assigned Contracts is defined in Section 1.1(c).

Assigned Contracts means the Contracts listed on Schedule 1.1(a).

Assigned Contracts means, collectively, all of the Grantor’s rights and remedies under, and all moneys and claims for money due or to become due to the Grantor under any contracts, and any and all amendments, supplements, extensions, and renewals thereof including, without limitation, all rights and claims of the Grantor now or hereafter existing: (a) under any insurance, indemnities, warranties, and guarantees provided for or arising out of or in connection with any of the foregoing agreements; (b) for any damages arising out of or for breach or default under or in connection with any of the foregoing agreements; (c) to all other amounts from time to time paid or payable under or in connection with any of the foregoing agreements; or (d) to exercise or enforce any and all covenants, remedies, powers and privileges thereunder.

Assigned Contracts means, collectively, all of the Grantors’ rights and remedies under, and all moneys and claims for money due or to become due to the Grantor under those contracts set forth on Exhibit J hereto, and any other material contracts, and any and all amendments, supplements, extensions, and renewals thereof including all rights and claims of the Grantors now or hereafter existing: (a) under any insurance, indemnities, warranties, and guarantees provided for or arising out of or in connection with any of the foregoing agreements; (b) for any damages arising out of or for breach or default under or in connection with any of the foregoing contracts; (c) to all other amounts from time to time paid or payable under or in connection with any of the foregoing agreements; or (d) to exercise or enforce any and all covenants, remedies, powers and privileges thereunder.

Assigned Contracts has the meaning given to such term in Section 2.1(e).