Subsequent Assignment definition

Subsequent Assignment means each assignment dated as of the related Subsequent Cutoff Date by LBAC to the Transferor and by LBARC-WI to the Transferor, respectively, substantially in the form of Exhibit B to the Purchase Agreement, pursuant to which Subsequent Receivables are conveyed to the Transferor.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Subsequent Assignment means an assignment by the initial or any other assignee. In the case of a subsequent assignment, the person that makes that assignment is the assignor and the person to which that assignment is made is the assignee;

Subsequent Assignment means an assignment substantially in the form of Exhibit A to the form of Subsequent Purchase Agreement attached as Exhibit C hereto.

Examples of Subsequent Assignment in a sentence

• The Seller shall have delivered to the Purchaser an Officer's Certificate confirming the satisfaction of each condition precedent specified in this Section 4.1(b) (substantially in the form attached as Annex A to the form of First-Tier Subsequent Assignment attached hereto as Exhibit A-2).

• On the related Subsequent Transfer Date, the Seller will execute and deliver the related First-Tier Subsequent Assignment in substantially the form of Exhibit A-2 hereto.

• This First-Tier Subsequent Assignment is made pursuant to and upon the representations, warranties and agreements on the part of the undersigned contained in the Purchase Agreement (including the Officer's Certificate of the Seller accompanying this First-Tier Subsequent Assignment) and is to be governed by the Purchase Agreement.

• The Seller shall, at its own expense, on or prior to the related Subsequent Transfer Date, indicate in its computer files that such Subsequent Receivables have been sold to the Purchaser pursuant to this Agreement and the related First-Tier Subsequent Assignment and deliver to the Purchaser the related First-Tier Subsequent Assignment, including the related Schedule of Subsequent Receivables certified by an officer of the Seller to be true, correct and complete.

• This First-Tier Subsequent Assignment shall be construed in accordance with the laws of the State of New York and the obligations of the undersigned under this First-Tier Subsequent Assignment shall be determined in accordance with such laws.

More Definitions of Subsequent Assignment

Subsequent Assignment means a Subsequent CPS Assignment, a Subsequent Linc Assignment or a Subsequent Samco Assignment, as applicable.

Subsequent Assignment means a transfer in relation to a subsequent offer;

Subsequent Assignment means an assignment of a Shared Ownership Lease that is not an Exempt Assignment or an assignment of an Exempt Dwelling

Subsequent Assignment means each assignment dated as of the related Subsequent Cutoff Date by LBAC to the Transferor substantially in the form of Exhibit B to the Purchase Agreement, pursuant to which Subsequent Receivables are conveyed to the Trust.

Subsequent Assignment has the meaning set forth in Section 8.1(b).

Subsequent Assignment means an assignment of a receivable by an assignee, including the re-assignment to the assignor.

Subsequent Assignment. An Assignment and Assumption in substantially the form set forth as Annex B to this Terms Supplement.