Portfolio Rights definition

Portfolio Rights means (a) all goodwill, customer lists and other property rights required for or used in connection with the conduct of the Axe Core Disciplines (including the right to represent to third parties that Buyer is the successor to the Axe Core Disciplines), (b) all of Seller's rights, privileges and powers under any Portfolio Servicing Agreement from and after the Closing Time, including rights to receive fee income and other payments and reimbursements attributable to services performed on or after the Closing Date including any and all ancillary income and all accrued and unpaid fees receivable by Seller as of the date of this Agreement pursuant to a Portfolio Servicing Agreement, (c) the Records, (d) all rights of Seller with respect to prepaid fees for services to be performed in connection with any Portfolio Servicing Agreement on or after the Closing Date, (e) all of Seller's rights, claims, credits, causes of action, rights to indemnification and contribution or rights of setoff against third parties relating to the Portfolio Servicing Agreements from and after the Closing Time, (f) all transferable surety bonds and insurance policies, and all contracts of indemnity, whether covering principal, premium and interest payments, or rental payments, or lost or stolen payments or otherwise, in each case with respect to the Portfolio Servicing Agreements from and after the Closing Time, (g) all assets, properties, Accounts Receivable and rights of Seller listed or referred to in Exhibit B hereto (as updated pursuant to Section 4.5(c)), and (h) all Intellectual Property, but excluding from clauses (a) through (h), the Excluded Accounts.
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Portfolio Rights means any and all of the Chargor’s rights, title and interest (past, present (at the date of the Deed) and future) in and to the Portfolio, including but not limited to:
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Examples of Portfolio Rights in a sentence

  • Licensee shall exercise Portfolio Rights only for its Portfolio and not commingle such with the Portfolio of any other Person to generate a Report.

  • Licensee shall exercise Portfolio Rights only for each Licensed Client’s Portfolio separately and not commingle such with that of any other Person to generate a Report.

  • If you revoke the Portfolio Rights License, we will stop using your deliverables for marketing and advertising purposes, however your deliverables may continue to exist elsewhere online such as where the deliverables have been used by others in accordance with the Portfolio Rights License.

  • Licensed Client shall mean an insurer regulated by an NAIC Member or reinsurer with Association Purposes, even if not regulated by an NAIC member, with licensed access to the AVS+ that has designated a Third-Party Administrator to manage its Portfolio and assigned this Third-Party Administrator its Portfolio Rights.

  • Celsion shall have the first right to prepare, file, prosecute, and maintain all Patent Rights to Celsion Technology, Joint Improvements and Yakult Improvements (the “Patent Portfolio Rights”) throughout the world (including in the Territory); provided that all Patent Costs incurred by Celsion in prosecuting and maintaining Patent Portfolio Rights throughout the world will be borne by solely by Celsion.

  • Seller has all necessary corporate power and authority to conduct the Axe Core Disciplines and perform its obligations under and pursuant to the Portfolio Servicing Agreements, to sell, transfer and assign the Portfolio Rights, Purchased Assets, Assumed Liabilities and the Portfolio Servicing Agreements to Buyer and to execute and deliver, and to perform Seller's obligations under, this Agreement and to consummate the transactions contemplated hereby.

  • Celsion will provide such written notice to Yakult upon the earlier of (i) its decision with respect to any of the foregoing, or (ii) [ * ] prior to any filing or payment due date, or any other due date that requires action, in connection with such Abandoned Patent Portfolio Rights.

  • No consent, action, approval or authorization of, or registration, declaration or filing with, any governmental department, commission, agency or instrumentality having jurisdiction over Seller is required to be obtained by Seller to authorize the execution, delivery or performance of this Agreement by Seller or to effect the transfer of the Portfolio Rights and the Purchased Assets and the assumption of the Portfolio Obligations and the Assumed Liabilities.

  • On the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller shall assign, sell, transfer and deliver to Buyer or its permitted assigns, and Buyer or its permitted assigns shall purchase and receive from Seller, the Portfolio Rights and Purchased Assets, free and clear of all Liens.

  • If the Client Percentage is equal to or greater than 95% the Buyer shall acquire the Portfolio Rights and the Purchased Assets and assume the Portfolio Obligations and the Assumed Liabilities for an aggregate purchase price ("Purchase Price") of $4,750,000, payable on the Closing Date by wire transfer of immediately available funds.