Subsequent Intangible Transition Property definition

Subsequent Intangible Transition Property means Intangible Transition Property sold by the Seller to the Issuer as of a Subsequent Transfer Date pursuant to the Sale Agreement.

Examples of Subsequent Intangible Transition Property in a sentence

  • The Servicer makes the following representations and warranties, as of the Closing Date, as of each Subsequent Sale Date relating to the sale of Subsequent Intangible Transition Property pursuant to a Subsequent Sale Agreement, and as of such other dates as expressly provided in this Section 6.01, on which the Grantee is deemed to have relied in entering into this Agreement.

  • The Grantee shall not engage in any business other than acquiring, owning, financing, transferring, assigning and otherwise managing the 1998 Transition Property and Related Assets, and any Subsequent Intangible Transition Property and Subsequent Related Assets, in the manner contemplated by this Agreement and the Basic Documents (or in a similar manner, in the case of Subsequent Transition Property and Subsequent Related Assets) and activities incidental thereto.

  • Pursuant to the Funding Law and the 1998 Transitional Funding Order, the Grantee and the Note Issuer are concurrently entering into the Sale Agreement, pursuant to which the Grantee is selling the 1998 Intangible Transition Property to the Note Issuer, and the Grantee may sell Subsequent Intangible Transition Property to the Note Issuer pursuant to Subsequent Sale Agreements.

  • The transfers and assignments herein contemplated constitute sales of the Initial Intangible Transition Property or the Subsequent Intangible Transition Property, as the case may be, from the Seller to the Issuer and the beneficial interest in and title to the Transferred Intangible Transition Property would not be part of the debtor's estate in the event of the filing of a bankruptcy petition by or against the Seller under any bankruptcy law.

  • If any such offer is accepted by the Issuer, such Subsequent Intangible Transition Property shall be sold to the Issuer effective on the Subsequent Transfer Date specified in the related Addition Notice, subject to the satisfaction or waiver of the conditions specified in Section 2.03.

  • The transfers and assignments herein contemplated constitute sales of the Initial Intangible Transition Property or the Subsequent Intangible Transition Property, as the case may be, from the Transferor to the Seller and the beneficial interest in and title to the Transferred Intangible Transition Property would not be part of the debtor's estate in the event of the filing of a bankruptcy petition by or against the Transferor under any bankruptcy law.

  • If any such offer is accepted by the Seller, such Subsequent Intangible Transition Property shall be sold to the Seller effective on the Subsequent Contribution Date specified in the related Addition Notice, subject to the satisfaction or waiver of the conditions specified in Section 2.03.

  • The transfers and assignments herein contemplated constitute sales of the Initial Intangible Transition Property or the Subsequent Intangible Transition Property, as the case may be, from the Transferor to the Seller and the beneficial interest in and title to the Transferred Intangible Transition Property would not be part of the debtor's estate in the event of the 144 filing of a bankruptcy petition by or against the Transferor under any bankruptcy law.

  • Subsequent Intangible Transition Property may be sold to the Issuer by the Seller pursuant to an agreement substantially similar to the Sale Agreement.

  • Conveyance of Subsequent Intangible Transition Property.........................

Related to Subsequent Intangible Transition Property

  • Leased Intangible Property means all Intangible Property (as defined in the Purchase and Sale Agreement) acquired by Landlord with respect to the Leased Property pursuant to the Purchase Agreement.

  • Transition Property means the property right created by a financing order, including without

  • Payment intangible means a general intangible under which the account debtor's principal obligation is a monetary obligation.

  • Bondable transition property means the property consisting of

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Payment Intangibles “Proceeds”; “ Records”; “Securities Account”; “Securities Intermediary”; “Security Entitlement”; “Supporting Obligations”; and “Tangible Chattel Paper.”

  • Consolidated Intangible Assets means, at any date, all assets of the Borrower and its Subsidiaries that are considered to be intangible assets under GAAP, including, without limitation, customer lists, goodwill, computer software, copyrights, trade names, trademarks, patents, franchises, licenses, unamortized deferred charges, unamortized debt discount and capitalized research and development costs.

  • Intangible Property shall have the meaning given to such term in Section 2.1(c) hereof.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Intangible Asset means any asset which is treated as an intangible asset in conformity with GAAP, including, without limitation, leasehold rights, franchise rights, non-compete agreements, goodwill, unamortized debt discounts, patents, patent applications, trademarks, trade names, copyrights and licenses.

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.

  • Tangible chattel paper means chattel paper evidenced by a record or records consisting of information that is inscribed on a tangible medium.

  • Material Leased Real Property shall have the meaning assigned to such term in Section 5.10(b).

  • Excluded Asset means any asset of any Grantor excluded from the security interest hereunder by virtue of Section 2.2 hereof but only to the extent, and for so long as, so excluded thereunder.

  • Company Intellectual Property Assets means the Intellectual Property Assets used or owned by the Company or any of its subsidiaries.

  • General Intangible means any personal property, including things in action, other than accounts, chattel paper, commercial tort claims, deposit accounts, documents, goods, instruments, investment property, letter-of-credit rights, letters of credit, money, and oil, gas, or other minerals before extraction. The term includes payment intangibles and software.

  • Seller Intellectual Property means the Seller Owned Intellectual Property and the Seller Licensed Intellectual Property.

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Excluded Intellectual Property means any Intellectual Property (including Software, but excluding Trademarks), owned by Seller and its Affiliates as of the date hereof that is not Acquired IP.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Investment Property the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the New York UCC (other than any Foreign Subsidiary Voting Stock excluded from the definition of “Pledged Stock”) and (ii) whether or not constituting “investment property” as so defined, all Pledged Notes and all Pledged Stock.

  • General Intangibles is all “general intangibles” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation, all Intellectual Property, claims, income and other tax refunds, security and other deposits, payment intangibles, contract rights, options to purchase or sell real or personal property, rights in all litigation presently or hereafter pending (whether in contract, tort or otherwise), insurance policies (including without limitation key man, property damage, and business interruption insurance), payments of insurance and rights to payment of any kind.

  • Transferred Intellectual Property has the meaning set forth in Section 2.1(k).