Intercompany Assignment Agreement definition

Intercompany Assignment Agreement means the agreement between ACM and TCM, on the one hand, and Colonial, on the other hand, pursuant to which ACM and TCM sell all of their right, title and interest in and to Vehicle Contracts to Colonial.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Intercompany Assignment Agreement means with respect to any Approved Financing, each OBS Transfer Instrument or Intercompany Transfer Instrument (as such terms are defined in the Master Intercreditor Agreement) executed in connection therewith.

Intercompany Assignment Agreement means with respect to any Approved Financing, each OBS Transfer Instrument or Intercompany Transfer Instrument (as such terms are defined in the A&R Master Intercreditor Agreement) executed in connection therewith.

Examples of Intercompany Assignment Agreement in a sentence

• Notwithstanding the above, Borrowers shall cause each of the Contracts assigned to a Borrower pursuant to the Intercompany Assignment Agreement to include the above legend within 30 days after the Closing Date.

• With respect to all Contracts assigned to Colonial pursuant to the Intercompany Assignment Agreement, ACM and TCM shall provide paper or electronic copies thereof to Colonial within 120 days after the Closing Date which Colonial shall maintain in its offices set forth above.

• The Lender may not sell, transfer, negotiate or assign all or any portion of its rights and obligations hereunder (including all or a portion of its Commitments and its rights and obligations with respect to Term Loans), other than pursuant to the DIP Intercompany Assignment Agreement (as defined in the NOK Facility), a copy of which is attached hereto as Annex I, or as otherwise agreed by the Issuing Bank in its sole discretion.

• With respect to Contracts originated after the Closing Date, within 60 days after the Closing Date ACM and TCM shall provide paper or electronic copies of all such Contracts assigned to Colonial pursuant to the Intercompany Assignment Agreement contemporaneous with the consummation of each assignment thereunder, which Colonial shall maintain in its office located at ▇▇▇ ▇.▇.

• For the avoidance of doubt, all Contracts shall include the Contracts assigned to a Borrower pursuant to the Intercompany Assignment Agreement.

• With respect to Contracts originated after the Closing Date, within 60 days after the Closing Date ACM and TCM shall provide paper or electronic copies of all such Contracts assigned to Colonial pursuant to the Intercompany Assignment Agreement contemporaneous with the consummation of each assignment thereunder, which Colonial shall maintain in its office located at 802 S.E. Plaza Avenue, Bentonville, Arkansas 72712.

More Definitions of Intercompany Assignment Agreement

Intercompany Assignment Agreement means with respect to an Approved Financing, a transfer instrument substantially in the form of Exhibit E, by and between the Origination Company, as transferor and the applicable Borrower, as transferee, pursuant to which such Origination Company transfers all of its right, title and interest in and to such Approved Financing to such Borrower.

Intercompany Assignment Agreement an assignment from each Excluded Subsidiary to a Borrower, assigning to such Borrower all of the assets of such Excluded Subsidiary free and clear of any Liens, which agreement shall be in form and substance satisfactory to Agent, and (ii) an assignment pursuant to which the assets transferred under clause (i) above are assigned to CCI free and clear of any Liens, which agreement shall be in form and substance satisfactory to Agent.