Assigned Debt definition
Examples of Assigned Debt in a sentence
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.
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.
At the Closing, the Assignor shall deliver to the Assignee one or more notes representing the Assigned Debt.
The Assignee has consulted such legal, tax and investment advisors as it, in its sole discretion, has deemed necessary or appropriate in connection with this Agreement and the assignment of the Assigned Debt, any portion thereof, or any instruments evidencing same as contemplated hereby.
The Assigned Debt shall be subject to the terms of the Note, except such terms that are amended by this Agreement.