Shared Rights definition

Shared Rights means the rights retained by the Lessor, but not to the exclusion of the Agents, pursuant to Section 8.3(a)(ii) of the Credit Agreement.

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Shared Rights means, collectively, solely to the extent that the Purchased Receivables are actually due and payable, the rights of the Seller under the License Agreement to bring any action, demand, proceeding or claim, whether in law or in equity, to enforce any rights to receive the Purchased Receivables.

Shared Rights is defined in Section 2(a) of the Assignment of Lease and Rent.

Examples of Shared Rights in a sentence

• Nothing in this Section 4 shall be construed as limiting or otherwise affecting in any way the Assignor's Excepted Rights or Shared Rights.

• Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall sell, transfer, assign and convey to the Buyer, and the Buyer shall purchase, acquire and accept from the Seller all of the Seller’s right, title and interest in and to the Purchased Assets, free and clear of all Liens, and rights in and to the Shared Rights, free and clear of any and all Liens, other than the Seller’s retention of its rights, title and interest in and to the Shared Rights.

• Contemporaneously herewith, Owner has assigned its rights and obligations (other than the Retained Obligations, Retained Rights and, to the extent allocable to Owner, the Shared Obligations and Shared Rights) under the Power Island Supply Agreement to Contractor, Contractor has accepted and assumed such rights and obligations, and Owner has been released from such assumed obligations, as provided in the Assignment, Assumption and Consent Agreement.

• PEPL or its Affiliate shall be required to give the Company at least ninety (90) days prior written notice of its intention to sell or lease any of its natural gas pipelines in the Shared Rights of Way or portions thereof.

• PEPL's or its Affiliate's obligations under this Section 11.6 shall continue only for so long as PEPL or its Affiliate owns and operates one or more natural gas pipelines within the Shared Rights of Way, and nothing herein shall be construed so as to prevent PEPL or its Affiliate from abandoning all or a portion of its natural gas pipelines within the Shared Rights of Way or from selling or leasing such pipelines to a third party.

More Definitions of Shared Rights

Shared Rights means the rights retained by the Lessor, but not to the exclusion of the Agent, pursuant to Section 8.3(ii) of the Credit Agreement.

Shared Rights means the rights retained by the Lessor, but not to ------------- the exclusion of the Collateral Agent, pursuant to Section 6.13 of the Indenture.

Shared Rights means the rights retained by the Lessor, but not to the exclusion of the Indenture Trustee, pursuant to Section 8.10(a) of the Indenture.

Shared Rights means all of the rights of the Issuer to enforce and consent to the modification of or waiver of compliance with the Loan Note, this Agreement and the Mortgage.

Shared Rights is defined in SECTION 2(a) of the Assignment of Leases and Rents.

Shared Rights means, collectively, solely to the extent that the Purchased Receivables are actually due and payable, the rights of the Seller under the License Agreement to bring any ​ action, demand, proceeding or claim, whether in law or in equity, to enforce any rights to receive the Purchased Receivables.

Shared Rights has the meaning set forth in the Assignment, Assumption and Consent Agreement.