Conveyance Date definition
Examples of Conveyance Date in a sentence
In connection with the assignment of the Transferor's rights under the Distribution Agreement, as applicable (including, without limitation, with respect to the such participations), the parties hereto agree to enter into a multiparty agreement among the Transferor, the Transferee and the Credit Facility Borrower to, among other things, effect the payment by the Transferee of the transfer price for each such Underlying Asset subject to such participation on the applicable Conveyance Date.
In respect of the Conveyance, the Transferor has not assigned, pledged or otherwise conveyed or encumbered any interest in the Transferred Assets being Conveyed to any other Person, which assignment, pledge, conveyance or encumbrance remains effective as of the applicable Conveyance Date.
With respect to any Transferred Asset transferred hereunder, as of the Original Closing Date, the date hereof, or the Conveyance Date, as applicable, the information in Schedule A with respect to such Loan Asset is true, correct and complete.
As of each Conveyance Date, Schedule A is an accurate and complete listing of all the Transferred Assets and the information contained therein with respect to the identity of such Transferred Assets and the amounts owing thereunder is true and correct as of the related Conveyance Date.
The Transferred Assets shall, on the related Conveyance Date, be Conveyed from the Seller to the Purchaser (a) in exchange for payment by the Purchaser of the Purchase Price, along with any fees from origination of the applicable Loan Asset, in full or in part in cash and/or (b) as a capital contribution by the Seller in respect of the preferred shares of the Purchaser held by the Seller (a “Contribution”).