Transferred Obligations definition

Transferred Obligations means, after giving effect to the amendments referred to in Section 2.4, all of the Existing Beneficiary’s obligations, duties and liabilities under the GATS Trust Instrument arising during or required to be performed during any period after the Effective Time. Transferred Rights means, after giving effect to the amendments referred to in Section 2.4, all of the Existing Beneficiary’s rights, title and interest in, to and under the GATS Trust Instrument arising during or relating to any period after the Effective Time.
Transferred Obligations means: in the case of the Existing Trustee, all of the Existing Trustee’s obligations, duties and liabilities under the GATS Trust Instrument, but excluding the Retained Obligations of the Existing Trustee; and in the case of the Existing Trust Company, all of the Existing Trust Company’s obligations, duties and liabilities under the GATS Trust Instrument, but excluding the Retained Obligations of the Trust Company.
Transferred Obligations means all of the Existing Secured Party’s obligations, duties and liabilities under the GATS Security Instrument, but excluding the Retained Obligations.

Examples of Transferred Obligations in a sentence

  • That’s why we provide plans and resources to help you achieve financial well-being in retirement.

  • On the Transfer Effective Date, (a) Party A shall be released from all obligations and liabilities arising under the Transferred Obligations; and (b) the Transferred Obligations shall cease to be Transaction(s) under this Agreement and shall be deemed to be Transaction(s) under a master agreement between Assignee and Party B under terms identical to this Agreement.

  • The indemnities set forth in Paragraphs 4.1 and 4.2 above are intended to have the same force, effect, meaning, and import as the indemnities set forth in Section 15.1 of the South OPA, limited, however, to the Transferred Property and the Transferred Obligations.

  • To the current actual knowledge of Transferee, there are no actions, suits, or proceedings at law or in equity or by or before any governmental authority pending or threatened against or affecting Transferee in which there is a reasonable possibility of a determination adverse to Transferee and that are reasonably likely, individually or in the aggregate, if determined adversely to Transferee, to have a material adverse effect on the ability of Transferee to perform the Transferred Obligations.

  • Notwithstanding any provision of this Plan to the contrary, effective as of November 28, 2017, Participant shall not include any individuals for whom the Company transferred and Mining assumed the Transferred Obligations, such persons having no benefits payable under this Plan.


More Definitions of Transferred Obligations

Transferred Obligations shall have the meaning specified in Section 4.
Transferred Obligations means all present and future obligations expressed to be assumed by the Seller under the Loan Agreement and which are attributable to the Transferred Assets;
Transferred Obligations means: (i) the liabilities of Seller, if any, listed on SCHEDULE 1.1; and (ii) the obligations of Seller under the Contracts and the Leases arising from and accruing with respect to the operation of the Business after the Closing Date, except those Contracts and Leases, if any, relating to the Retained Assets.
Transferred Obligations means, in relation to any Aircraft, all of the Customer’s obligations, duties and liabilities (other than the Retained Obligations) under (i) the applicable Purchase Agreement (in the case of the A320 Purchase Agreement, solely to the extent relating to the A320 Aircraft) existing prior to the date of this Agreement and (ii) the applicable Assigned Purchase Agreement existing from the date of this Agreement, in each case, to the extent that such obligations, duties and liabilities relate to such Aircraft.
Transferred Obligations means, after giving effect to the amendments referred to in Section Error: Reference source not found, all of the Existing Beneficiary’s obligations, duties and liabilities under the GATS Trust Instrument arising during or required to be performed during any period after the Effective Time.
Transferred Obligations means all of the Transferor's obligations (but excluding the Retained Obligations) under or in respect of the Credit Documentation transferred under the Transfer Certificate including, without limitation, any commitment under the Credit Documentation to make or issue a Credit and any obligations under any outstanding Credit.
Transferred Obligations means all and any obligations, costs, risks, liabilities, maintenance costs or assets which become the responsibility of CCC after the adoption of the public transport system is agreed between the parties, or at the end of the life of the GCP, whichever is sooner.