Proposed Assignee definition

Proposed Assignee means the person stated in the Application to Assign as being the person to whom the Tenant wishes to assign this Lease under clause 20;

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Proposed Assignee has the meaning specified in Section 10.05(b)(ix).

Proposed Assignee has the meaning described in Section 9.5 (Assignments by Lenders).

Examples of Proposed Assignee in a sentence

• Assignment Before the Completion Date, a party must not: sell, transfer, delegate, assign, licence; or mortgage, charge or otherwise encumber any right under this document to any person (Proposed Assignee), or permit a Proposed Assignee to assume any obligation under this document, without the prior written consent of the other parties to this document.

• A Proposed Assignee as which Seller’s written consent has been obtained by Buyer as described in the preceding sentence shall be referred to herein as an “Approved Assignee”.

• Promptly and in any event no later than ten (10) days after the mutual execution and delivery of this Agreement, Purchaser shall obtain, and cause to be delivered to Seller, Proposed Assignee and the surveyor preparing the Survey, the Commitment.

• If Landlord fails to exercise such right of first refusal within such thirty (30) days period, Tenant may sell and assign this Lease and convey Tenant’s Facility to the Proposed Assignee upon terms and conditions substantially the same as, or more favorable to, Tenant than those contained in the Assignment Proposal.

• The Transferor shall give the Company and each Buyback Member written notice of the occurrence of a Buyback Event ("Buyback Event Notice") within seven (7) days after the occurrence of the Buyback Event, which notice shall specify the Buyback Event, and, if known, the name of the Person ("Proposed Assignee") who shall own the Buyback Interest if the Buyback is not exercised.

More Definitions of Proposed Assignee

Proposed Assignee shall have the meaning set forth in Section 2.8(a)

Proposed Assignee means the person stated in the Application to whom the Current Tenant wishes to assign this Lease

Proposed Assignee. HAS THE MEANING DESCRIBED IN ASSIGNMENTS BY LENDERS. Any Lender may, with the prior written consent of the Agent and the Borrower, but without notice to or consent of any other Lender, which consent shall not be unreasonably withheld, delayed or conditioned, assign to any Person (each an "Assignee" and collectively, the "Assignees") all or a portion of such Lender's Commitments; provided that (a) the amount assigned by such Lender must be at least equal to Five Million Dollars ($5,000,000), (b) after giving effect to such assignment, such Lender must continue to hold a Pro Rata Share of the Commitments at least equal to Ten Million Dollars ($10,000,000), unless such Lender has assigned one hundred percent (100%) of such Lender's Commitments, and (c) any amount assigned shall be divided pro rata among such Lenders' Pro Rata Share of the Commitments and Obligations. NationsBank agrees that if at any time NationsBank sells one hundred percent (100%) of all of its Commitments, NationsBank shall resign as Agent and the remaining Lenders shall select a replacement Agent in accordance with the provisions of this Agreement. In addition, NationsBank agrees that for so long as NationsBank is the Agent, unless otherwise agreed by the Lenders, NationsBank shall continue to hold a Pro Rata Share of the Commitments at least equal to the Pro Rata Share of the Lender (other than NationsBank) having the highest Pro Rata Share of the Commitments. Any Lender which elects to make such an assignment shall pay to the Agent, for the exclusive benefit of the Agent, an administrative fee for processing each such assignment in the amount of Three Thousand Five Hundred Dollars ($3,500). Such Lender and its Assignee shall notify the Agent and the Borrower in writing of the date on which the assignment is to be effective (the "Adjustment Date"). On or before the Adjustment Date, the assigning Lender, the Agent, the Borrower and the respective Assignee shall execute and deliver a written assignment agreement in a form acceptable to the Agent, which shall constitute an amendment to this Agreement to the extent necessary to reflect such assignment. Upon the request of any assigning Lender following an assignment made in accordance with this Assignments by Lenders., the Borrower, ▇▇▇▇▇ UK and Norwich shall issue new Notes to the assigning Lender and its Assignee reflecting such assignment, in exchange for the existing Notes held by the assigning Lender. (Assignments by Lenders). "Pro-form...

Proposed Assignee shall, with respect to the Management Agreement, have the meaning assigned to such term in Subsection 9.2.1 of the Management Agreement.

Proposed Assignee has the meaning specified in Section 11.2(c) of the LLC Agreement.

Proposed Assignee as the context requires, means: (a) the independent third party referred to in section 7.1(1); or (b) the person referred to in section 7.1(2);

Proposed Assignee shall have the meaning ascribed in Section 11.7(b).