Conveyed definition

Conveyed means to convey, sell, assign, alienate, or otherwise transfer.

Conveyed has a corresponding meaning.

Conveyed shall have a correlative meaning.

Examples of Conveyed in a sentence

• The Purchase Price for each Collateral Asset Conveyed by the Seller to the Purchaser hereunder represents the fair market value of such Collateral Asset as of the time of conveyance hereunder, as may have changed from the time such Collateral Asset was originally acquired by the Seller.

• The Transferor makes the following covenants, on which the Issuer will rely in connection with the conveyance of Initial Conveyed Collateral and any Subsequent Conveyed Collateral to the Issuer.

• The Transferor shall promptly remit to the Issuer or to the Issuer’s designee any payment of principal, interest, fees or any other sums relating to, or otherwise payable on account of, the Conveyed Collateral that the Transferor receives after the applicable Elevation Date or Settlement Date.

• Neither the Transferor nor any of its Affiliates sold or will sell any interest in any Conveyed Collateral with any intent to hinder, delay, deceive or defraud any of their respective creditors.

• The Estimated Value of the Interest Conveyed Determined at Its Highest and Best Use The RHCC Project is consistent with the highest and best use permitted for parcel H-3 under the Chula Vista Bayfront Master Plan, which calls for the development of a resort hotel and conference center.

• The purchase price (the “Purchase Price”) for the Transferred Assets Conveyed on each Purchase Date shall be a dollar amount equal to the fair market value (as agreed upon between the Seller and the Purchaser at the time of such Conveyance) of such Transferred Assets as of such date.

• The Estimated Value of Interest Conveyed Factoring in the Requirements Under the Lease The estimated value of the leasehold interest to be conveyed to the Developer pursuant to the Sublease, determined at the use and with the conditions, covenants, and development costs required by the Sublease, is $97,057,000, consisting of the City’s share of the Developer’s scheduled lease payments under the Sublease, Advance Rent, and Additional Rent, as such terms are defined in the Facility Lease.

• For the avoidance of doubt, this Section 5.1(i) shall not apply to any property retained by the Seller and not Conveyed or purported to be Conveyed hereunder.

• The Seller acknowledges that all Collections received by it or its Affiliates with respect to the Transferred Assets Conveyed to the Purchaser are held and shall be held in trust for the benefit of the Purchaser and its assignees until deposited into the applicable Account as required in the Credit Agreement.

• Each Transferred Collateral Asset Conveyed hereunder is, at the time of such Conveyance, an Eligible Collateral Asset.

More Definitions of Conveyed

Conveyed means a mechanical device used in building or other construction work for transport of building material, articles, or packages or solid bulk from one point to another point;

Conveyed. Property shall mean all items assigned and conveyed in the Blanket Xxxx of Sale and Assignment except insofar as otherwise disclosed in this Agreement including any Exhibits attached hereto. Seller further agrees to defend and hold Purchaser harmless from any and all claims, assertions, and causes of action whereby a third party claims any right, title and interest in or to such Conveyed Property, in derogation of the Purchaser's ownership. Further, Seller and its Members agree to indemnify Purchaser from any and all costs, expenses, liabilities and claims by third parties in derogation of and inconsistent with Purchaser's total right to use and hold said property."

Conveyed shall include the transfer of any interest in Mortgagor.