Initial Conveyance definition

Initial Conveyance has the meaning set forth in Section 2.1(a).

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Initial Conveyance has the meaning assigned to such term in the recitals.

Initial Conveyance means, prior to or at Closing, the contribution, conveyance, assignment and transfer from Seller to the Acquired Company, its successors and its assigns, for its and their own use forever, all right, title and interest in and to the Assets and the Equity Securities of each Acquired Subsidiary pursuant to the Conveyance Documents.

Examples of Initial Conveyance in a sentence

• In respect of each Initial Conveyance, the Seller, as of the Effective Date, has not assigned, pledged, or otherwise Conveyed or encumbered any interest in each Transferred Asset to any other person, which assignment, pledge (other than, in the case of the Participated Loans, any pledge in favor of the Purchaser pursuant to the Master Participation Agreement), Conveyance or encumbrance remains effective as of the applicable Purchase Date.

• In respect of each Initial Conveyance, the Intermediate Seller, as of the Effective Date, has not assigned, pledged, or otherwise Conveyed or encumbered any interest in each Transferred Asset to any other person, which assignment, pledge, Conveyance or encumbrance remains effective as of the applicable Purchase Date.

More Definitions of Initial Conveyance

Initial Conveyance means collectively the Overriding Royalty Conveyance and the Trust Conveyance.

Initial Conveyance has the meaning set forth in Section 2.1(a). -2- |US-DOCS\165057195.4||

Initial Conveyance means either the Initial Conveyance of Collateral Obligations or the Initial Conveyance of Beneficial Interest in Reference Assets, as applicable.

Initial Conveyance means the Conveyances described in Section 2.1(a).

Initial Conveyance has the meaning set forth in Section 2.1(a). “Purchase Date” means each Subsequent Conveyance Date and the date of the Initial Conveyance. “Purchase Notice” has the meaning set forth in Section 2.1(b). “Purchase Price” has the meaning set forth in Section 3.1. “Purchaser” has the meaning set forth in the preamble hereto. “Schedule of Collateral Obligations” has the meaning set forth in Section 2.1(a). “Seller” has the meaning set forth in the preamble hereto. “Subsequent Conveyance” has the meaning set forth in Section 2.1(b). “Subsequent Conveyance Date” has the meaning set forth in Section 2.1(b). “Transferred Assets” means, collectively, the Transferred Collateral Obligations and Related Security Conveyed by the Seller to the Purchaser hereunder. “Transferred Collateral Obligations” means each Collateral Obligation Conveyed from the Seller to the Purchaser pursuant to the terms of this Agreement. “Warranty Collateral Obligations” has the meaning set forth in Section 6.1.