Subsequent Conveyance definition

Subsequent Conveyance has the meaning set forth in Section 2.1(b).

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Subsequent Conveyance has the meaning set forth in Section 2.1(b). US-DOCS\148129643.6

Subsequent Conveyance means either the Subsequent Conveyance of Collateral Obligations or the Subsequent Conveyance of Beneficial Interest in Reference Assets, as applicable.

Examples of Subsequent Conveyance in a sentence

• In connection with the Effective Date, the Seller and the Intermediate Seller will be deemed to have timely delivered a Purchase Notice with respect to the Collateral Obligations identified on Schedule C hereto, and the Effective Date will be deemed to be the Subsequent Conveyance Date with respect to the Subsequent Conveyance of such Collateral Obligations hereunder.

• In respect of each Subsequent Conveyance, the Seller has not assigned, pledged, or otherwise Conveyed or encumbered any interest in the Transferred Assets being Conveyed to any other person, which assignment, pledge, Conveyance or encumbrance remains effective as of the applicable Purchase Date.

• In respect of each Subsequent Conveyance, the Intermediate Seller has not assigned, pledged, or otherwise Conveyed or encumbered any interest in the Transferred Assets being Conveyed to any other person, which assignment, pledge, Conveyance or encumbrance remains effective as of the applicable Purchase Date.

More Definitions of Subsequent Conveyance

Subsequent Conveyance has the meaning set forth in Section 2.1(b). “Subsequent Conveyance Date” has the meaning set forth in Section 2.1(b). “Transferred Assets” means, collectively, the Transferred Collateral Obligations and Related Security Conveyed by the Seller to the Purchaser hereunder. “Transferred Collateral Obligations” means each Collateral Obligation Conveyed from the Seller to the Purchaser pursuant to the terms of this Agreement. “Warranty Collateral Obligations” has the meaning set forth in Section 6.1.