Examples of Assigned Debt in a sentence
The Assigned Debt shall be subject to the terms of the Note, except such terms that are amended by this Agreement.
At the Closing, the Assignor shall deliver to the Assignee one or more notes representing the Assigned Debt.
The Assignor has good and marketable title to the Convertible Debt free and clear of all liens and encumbrances, and has the ability to freely transfer the Assigned Debt.
The Assigned Debt has not been prepaid in full or in part, and the full amount of the Assigned Debt is due and owing by the Debtor to the Assignor.
This second replacement note shall then be severed in the same manner for the second Purchase Tranche Closing, and this foregoing process of severing and issuing replacement notes shall be repeated for each Purchase Tranche Closing, until the Assigned Debt is sold and assigned in full, or this Agreement is otherwise earlier terminated in accordance with its terms.