Credit Assignment definition
Examples of Credit Assignment in a sentence
Such Person and its Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with any Restricted Party or any Affiliate thereof as if such Person were not the Agent, the Peruvian Collateral Agent, the Management and Guarantee Trustee, the Conditional Credit Assignment Agent, the Share Trustee or the Peruvian Intercreditor Agent and without any duty to account to the Lenders.
All notices and acknowledgments required under the relevant Peruvian Security Document shall have been made and given in accordance with each relevant Peruvian Security Document and the Peruvian Collateral Agent, the Management and Guarantee Trustee, the Conditional Credit Assignment Agent and the Share Trustee, as applicable, shall have received originals of all Peruvian Security Documents.
The Revolving Credit Assignment of Leases, the Security Agreement and any additional documents evidencing or perfecting the Agent's lien on the Collateral.
The headings of the Articles have been inserted for convenience of reference only and in no case shall they affect the application or interpretation thereof, since the full text of the Article and the general purpose of this Credit Assignment Agreement shall govern.
Such approval shall not be unreasonably withheld provided that the Factor is reasonably satisfied with the creditworthiness of the Replacing Credit Insurer, with the terms of the Credit Insurance Policy and Credit Assignment Agreement, and with the capacity of the Replacing Credit Insurer to provide on a timely basis adequate information on Approval Limits, and that such Credit Insurer offers Approval Limits equivalent to the ones offered by the replaced Credit Insurer.
Distributor shall provide written verification of such coverage if requested by CDC.
The Revolving Credit Assignment of Leases, the Security Agreement (All Assets), Security Agreement - Intellectual Property, the Parent Security Agreement, the Parent Stock Pledge, and any additional documents evidencing or perfecting the Agent's lien on the Collateral.
On the Effective Date, the Bank Refinancing shall have been consummated and all documents in respect of, and all Liens securing (and guaranties of), the Existing Credit Assignment shall have been released and/or terminated, as appropriate, in each case to the reasonable satisfaction of the Agents.
A fourth amended and restated assignment of leases, dated the Closing Date, by the Borrower in favor of the Agent for the benefit of the Lenders, as amended, supplemented and in effect from time to time, and any supplement thereto in the form of Exhibit A to the Revolving Credit Assignment of Leases as executed and delivered by the Borrower and the Agent from time to time.
Simultaneously with its execution of this Agreement and consummation of the Credit Assignment, certain proceeds as set forth on the attached Schedule I, shall be held by Lawyers Title Insurance Corporation or one of its affiliates ("Escrow Agent") for the benefit of APF.