Examples of Prohibited Assignee in a sentence
In connection with any sale or transfer of Series 2020-VF1 Notes, the Purchaser shall certify in writing for the benefit of the Indenture Trustee and the Administrator that the prospective assignee is not a Prohibited Assignee (as such term is defined in the Note Purchase Agreement).
If the assignee of any Restructured Loan or Restructured Note is a broker or other intermediary, the Restructure Lender making the assignment shall be required to obtain, prior to such assignment, a representation from such Person that the Restructured Loan and Restructured Note will not be beneficially owned by any Prohibited Assignee.
Except as agreed by the Administrative Agent and the Required Lenders (a) no such assignment shall be made (I) to any Credit Party or any Affiliate or Subsidiary of any Credit Party, (II) [reserved] or (III) to a natural person and (b) subject to Section 10.06(b)(vi), prior to a Specified Event of Default, no such assignment shall be made to any Prohibited Assignee.
In addition, Licensee may assign its rights and obligations under this License Agreement to any purchaser of Licensee's business to which this License Agreement relates ("Assignee"), other than a "Prohibited Assignee" (as set forth below), upon thirty (30) days written notice to Licensor informing it of the identity of such Purchaser.
A Buyer may, in its sole election, engage in repurchase transactions (as “seller” thereunder) with any or all of the Purchased Assets and/or Repurchase Assets or pledge, hypothecate, assign, transfer or otherwise convey any or all of the Purchased Assets and/or Repurchase Assets with a counterparty of such Buyer’s choice (such transaction, a “Repledge Transaction”); provided that each counterparty under a Repledge Transaction (each a “Repledgee”) shall not be a Prohibited Assignee.