Assignee Owner definition

Assignee Owner means a third party to whom Customer has transferred or intends to transfer ownership of the Stem Systems and all associated Manufacturers’ Warranties in accordance with any Purchase Order.

Examples of Assignee Owner in a sentence

  • No claim or action to enforce compliance with this Agreement may be brought against an Assignee, Owner or Developer properly holding rights hereunder, alleging any violation of the terms and covenants affecting such portion of the Property except as otherwise described in the Certificate.

  • Upon request in writing from an Assignee, Owner or Developer to the City sent by certified or registered mail or publicly licensed message carrier, return receipt requested, the City will provide a certificate (the “Certificate”) in recordable form that solely with regard to the portion of the Property described in the request, there are no violations or breaches of this Agreement, except as otherwise described in the Certificate.

  • As a precondition to exercising any rights or remedies as a result of any alleged default by Tenant or Assignee, Owner shall give written notice of a default under this Lease to each Mortgagee concurrently with delivery of such notice to Tenant or Assignee, as applicable, specifying in detail the alleged event of default, provided that such Mortgagee shall have provided Owner with its current address.

  • If requested by Owner or Assignee, Owner and Assignee shall have received (i) all progress reports delivered under the EPC Contract and (ii) true copies of unpaid invoices, receipted bills and Lien waivers, and such other reasonably available supporting information as Owner or Assignee may reasonably request.

  • Assignor and Assignee agree that the provisions of this Agreement, including, without limitation, Section 3, are for the sole benefit of Assignor, Assignee, Owner Trustee, Lessee, GE, Mortgagee (and with respect to Section 6, Certificate Holders) and their respective successors and assigns, and are not for the benefit, directly or indirectly, of any other Person.

  • If the conditions set forth in Section 6 hereof have been satisfied in the reasonable judgment of Owner and Assignee, Owner, within seven (7) Business Days of receipt of the Certificate of Substantial Completion, a fully completed AFL Unit Leasing Record executed by Agent and the other documents required in Section 6 hereof, shall execute and deliver to Agent such AFL Unit Leasing Record.

  • No part of the proceeds of the Loans has been or will be used, directly or, to any Loan Party’s knowledge, indirectly, by any Loan Party for any payments to any Person, governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the FCPA, the Bribery Act or any other applicable anti-corruption Law.

  • Assignor and Assignee agree that the provisions of this Agreement are for the sole benefit of Assignor, Assignee, Owner Trustee, Lessee, GE, Mortgagee and their respective successors and assigns, and are not for the benefit, directly or indirectly, of any other Person.

  • Not later than 2:00 P.M. New York time on the date for the advance specified in such notice, provided all conditions to that advance have been satisfied (or waived by Owner and Assignee), Owner shall provide to Agent, or to vendors or suppliers identified to Owner's reasonable satisfaction, in immediately available funds, the amount of the advance then requested.

Related to Assignee Owner

  • Assignee as defined in Section 10.6(b).

  • Assignee Lender is defined in Section 11.11.1.

  • Permitted Assignee means (a) with respect to a partnership, its partners or former partners in accordance with their partnership interests, (b) with respect to a corporation, its stockholders in accordance with their interest in the corporation, (c) with respect to a limited liability company, its members or former members in accordance with their interest in the limited liability company, (d) with respect to an individual party, any Family Member of such party, (e) an entity that is controlled by, controls, or is under common control with a transferor, or (f) a party to this Agreement.

  • Transferee Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.

  • Qualified Assignee means (a) any Lender, any Affiliate of any Lender and, with respect to any Lender that is an investment fund that invests in commercial loans, any other investment fund that invests in commercial loans and that is managed or advised by the same investment advisor as such Lender or by an Affiliate of such investment advisor, and (b) any commercial bank, savings and loan association or savings bank or any other entity which is an "accredited investor" (as defined in Regulation D under the Securities Act of 1933) which extends credit or buys loans as one of its businesses, including insurance companies, mutual funds, lease financing companies and commercial finance companies, in each case, which has a rating of BBB or higher from S&P and a rating of Baa2 or higher from ▇▇▇▇▇'▇ at the date that it becomes a Lender and which, through its applicable lending office, is capable of lending to Borrower without the imposition of any withholding or similar taxes; provided, that (i) no Person determined by Agent to be acting in the capacity of a vulture fund or distressed debt purchaser shall be a Qualified Assignee, (ii) no Person or Affiliate of such Person (other than a Person that is already a Lender) holding Subordinated Debt or Stock issued by any Credit Party shall be a Qualified Assignee and (iii) at any time no Event of Default described in any of Sections 8.1(a), 8.1(h) or 8.1(i) is then in existence, no Person that is engaged in any line of business involving the sale, rental, leasing, management, servicing or outsourcing of medical equipment, and is identified by Borrower to Agent as being disqualified as a Qualified Assignee due to being engaged in any such line of business prior to the consummation of an assignment or sale to such Person described in Section 9.1(a), shall be a Qualified Assignee.