Sold Assets definition

Sold Assets has the meaning set forth in Section 2.01(b).

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Sold Assets shall have the meaning specified in Section 2.01(a) of this Agreement.

Sold Assets. As set forth in Section 2.01(a)(vi) of the Sale and Contribution Agreement.

Examples of Sold Assets in a sentence

• To the extent payable in respect of Investment Capital or Yield, Fees or other amounts attributable to Investment Capital, amounts payable pursuant to each of clauses first through fifth above shall be paid (at each level of priority) first from available Collections on Sold Receivables and other Sold Assets, and second, to the extent necessary in order to make all such payments at such level of priority in full, from Collections on Unsold Receivables and other Seller Collateral.

• To the extent payable in respect of Loan Capital or Yield, Fees or other amounts attributable to Loan Capital, amounts payable pursuant to each of clauses first through fifth above shall be paid (at each level of priority) first from available Collections on Unsold Receivables and other Seller Collateral, and second, to the extent necessary in order to make all such payments at such level of priority in full, from Collections on Sold Receivables and other Sold Assets.

• The Seller hereby absolutely, irrevocably and unconditionally guarantees to each Purchaser, the Administrative Agent and the other Secured Parties the prompt payment of the Sold Receivables by the related Obligors and all other payment obligations included in the Sold Assets (collectively, the “Guaranteed Obligations”), in each case, in full when due, whether at stated maturity, as a mandatory prepayment, by acceleration or otherwise (such guaranty, the “Seller Guaranty”).

More Definitions of Sold Assets

Sold Assets as set forth in Section 2.01(a)(vii) of the COLT Sale and Contribution Agreement.

Sold Assets means (a) the Sold Receivables and Related Security, (b) any other property and assets sold and assigned to the Trust pursuant to Section 2.1(a) of the related Sale and Servicing Agreement and the related Assignments, (c) all present and future claims, demands, causes of action and choses in action in respect of any of the foregoing, and (d) all payments on or under and all proceeds in respect of any of the foregoing.

Sold Assets has the meaning set forth in Section 3.1(c).

Sold Assets is defined in Section 4.15(a).

Sold Assets means, with respect to any Receivable, the other property transferred in connection with such Receivable pursuant to Section 2.1(a) of the Second Receivables Purchase Agreement.

Sold Assets. This term shall have the meaning set forth in the Contribution and Sale Agreement.

Sold Assets means any and all of the Sold Receivables and Equipment sold or contributed by the Originator to the SPV hereunder, together with the Related Security, Excluded Amounts and proceeds relating thereto.