Examples of Transferred Rights and Obligations in a sentence
Rights and obligations of successor company) Under the Absorption-Type Split, the rights and obligations received by SOU PSC from SOU shall consist of the rights and obligations as provided in the attached Schedule of Transferred Rights and Obligations, which is based on the SOU balance sheet as of August 31, 2019 and other financial statements of the same date.
The fact that identical paragraphs were copied from one author by another was not uncommon in these days.
The parties intend that, upon the Assignment Effective Date, Transferee shall become substituted for Landowner under the Development Agreement with respect to the Transferred Property for all Transferred Rights and Obligations.
Current assets Schedule of Transferred Rights and Obligations Cash, deposits, accounts receivable, merchandise, prepaid expenses belonging to Business, as well as all other current assets related to Business.
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Company, Reinsurer, and LLANY agree that such assignment and assumption shall have the force and effect of creating a direct agreement between Company and LLANY with respect to the Transferred Rights and Obligations and that Reinsurer will remain directly liable to Company for the Retained Indemnification Obligations.
It is the intent of LLANY and Reinsurer to effect a novation of both the Coinsurance Agreement and the Modco Agreement with respect to the Transferred Rights and Obligations but not the Retained Indemnification Obligations.
Transferee hereby accepts the foregoing transfer and assumes all of the Transferred Rights and Obligations from and after the Effective Date.
The Transferring Lender and the Transferee acknowledge and confirm that they shall make directly between themselves such payments and adjustments agreed amongst themselves with respect to accrued interest, costs and other amounts attributable to the Transferred Commitment, Transferred Advances and Transferred Rights and Obligations prior to the Transfer Date.