Partial Assumption definition

Partial Assumption shall have the meaning set forth in Section 7.6 hereof.
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Examples of Partial Assumption in a sentence

  • Section 7.1. Transfer Definitions 46 Section 7.2. No Sale/Encumbrance 47 Section 7.3. Permitted Transfers 47 Section 7.4. Lender’s Rights 48 Section 7.5. Assumption 49 Section 7.6. Partial Assumption 51 Section 7.7. Easements; Licenses.

  • Sellers have the corporate power and authority to execute and deliver this Agreement, the ▇▇▇▇ of Sale, the IP Assignment, the Assumption Agreement, the Partial Assumption Agreement, the VA Side Letter and the Transition Services Agreement (collectively, the “Transaction Documents”) and to perform fully their obligations hereunder and thereunder.

  • Upon Borrower's compliance with the provisions of this Section 7.6, Lender shall release the Parcel subject to the Partial Assumption from the cross collateralization and cross default provisions contained in this Agreement and the other Loan Documents.

  • For the avoidance of doubt, notwithstanding Borrower’s compliance with the provisions of this Section 7.6, Lender shall not release the Parcel subject to the Partial Assumption from the cross collateralization and cross default provisions contained in this Agreement and the other Loan Documents.

  • The City hereby assumes responsibility for the Property being one of the Retained Parcels as defined in the Partial Assumption and Release (the “Release Agreement”) between the Developer and MPLD II Inland Empire LLC (“MLPD”), a copy of which has been delivered to the City on or prior to the Execution Date.

  • The within Partial Assumption shall be interpreted and constructed and conform to the laws of the state of South Carolina.

Related to Partial Assumption

  • Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.

  • Prepayment Assumption As defined in the Prospectus Supplement.

  • Assignment and Assumption of Lease has the meaning set forth in Section 3.02(a)(v).

  • Assignment and Assumption means an assignment and assumption entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 9.04), and accepted by the Administrative Agent, in the form of Exhibit A or any other form approved by the Administrative Agent.

  • Affiliated Lender Assignment and Assumption means an assignment and assumption entered into by a Lender and an Affiliated Lender (with the consent of any party whose consent is required by Section 9.05) and accepted by the Administrative Agent in the form of Exhibit A-1 or any other form approved by the Administrative Agent and the Borrower.