Seller's Retained Interest Sample Clauses

Seller's Retained Interest. Seller shall retain ownership of the entire remaining portion of the Note and Deed of Trust; however, Seller's interest in the Note and Deed of Trust shall at all times be subject and subordinate to the Purchaser's Entitlement under this Agreement. After the Purchaser receives the Purchaser's Entitlement in full, the interest of the Purchaser in the Note and Deed of Trust shall cease, and the Seller shall thereupon become immediately vested with the complete ownership of the residual portions of the Note and Deed of Trust. Upon receipt of the Purchaser's Entitlement in full, whether in accordance with the terms of the Note and Deed of Trust, because of prepayment, or because of default, the Purchaser agrees to execute any reasonably required assignment instruments back to the order of the Seller (as may be required to effect full ownership of the residual portion of the Note and Deed of Trust by the Seller) and to advise the payor(s) to make any and all future payments to Seller. (c)
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Seller's Retained Interest. Seller shall retain ownership of the entire remaining portion of the Installment Contract; however, Seller's interest in the Installment Contract shall at all times be subject and subordinate to the Purchaser's Entitlement under this Agreement. After the Purchaser receives the Purchaser's Entitlement in full, the interest of the Purchaser in the Installment Contract shall cease, and the Seller shall thereupon become immediately vested with the complete ownership of the residual portions of the Installment Contract. Upon receipt of the Purchaser's Entitlement in full, whether in accordance with the terms of the Installment Contract, because of prepayment, or because of default, the Purchaser agrees to execute any reasonably required assignment instruments back to the order of the Seller (as may be required to effect full ownership of the residual portion of the Installment Contract by the Seller) and to advise the payor(s) to make any and all future payments to Seller.
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Seller's Retained Interest. Sellers shall be entitled to retain its Retained Interest. The term “
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Seller's Retained Interest. Sellers shall be entitled to retain its Retained Interest. The term “Retained Interest” shall mean all property not included in the Subject Interests, including but not limited to the following (defined below):
Sample 1

Related to Seller's Retained Interest

  • Retained Interest The Retained Interest, if any, in any Underlying Security shall initially be held by the Person so specified in the related Supplement as and to the extent specified therein.

  • Assigned Interest 1 Select as applicable. Facility Assigned2 Aggregate Amount of Commitment/Loans for all Lenders** Amount of Commitment/Loans Assigned* Percentage Assigned of Commitment/Loans3 $ $ % $ $ % $ $ % [7. Trade Date: ______________]4 _____________________________ 2 Fill in the appropriate terminology for the types of facilities under the Loan Agreement that are being assigned under this Assignment. * Amount to be adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective Date. 3Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 4To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date. Effective Date: _____________ ___, 20___ [TO BE INSERTED BY AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] The terms set forth in this Assignment and Assumption are hereby agreed to: ASSIGNOR [NAME OF ASSIGNOR] By: Title: ASSIGNEE [NAME OF ASSIGNEE] By: Title: [Consented to and]5Accepted: JPMORGAN CHASE BANK, N.A. as Agent By: Title: [Consented to]6: [CADENCE DESIGN SYSTEMS, INC., a Delaware corporation] By: Title: _____________________________________________________________________________________________ 5 To be added only if the consent of the Administrative Agent is required by the terms of the Loan Agreement. 6To be added only if the consent of the Borrower is required by the terms of the Loan Agreement. ANNEX 1 STANDARD TERMS AND CONDITIONS FOR ASSIGNMENT AND ASSUMPTION

  • Assigned Interest[s] Assignor[s](5) Assignee[s](6) Aggregate Amount of Commitment for all Lenders(7) Amount of Commitment Assigned Percentage Assigned of Commitment(8) CUSIP Number $ $ % $ $ % $ $ %

  • Seller’s Closing Certificate A certificate duly executed by Seller in the form of Exhibit J attached hereto (the “Seller’s Closing Certificate”).

  • Seller’s Closing Costs Seller shall pay the following costs in connection with the consummation of the Closing: (i) all of the charges and transfer taxes for recording the deeds; (ii) all commissions owed to any broker in accordance with the terms of a separate agreement between Seller and such broker; and (iii) all other charges incurred by the Seller in connection with this Agreement (including, without limitation, the fees and expenses for the Seller’s attorneys and other consultants).

  • Imputed Interest The principles of Sections 1272, 1274, or 483 of the Code, as applicable, and the principles of any similar provision of U.S. state and local law, will apply to cause a portion of any Net Tax Benefit payable by the Corporation to a Member under this Agreement to be treated as imputed interest (“Imputed Interest”). For the avoidance of doubt, the deduction for the amount of Imputed Interest as determined with respect to any Net Tax Benefit payable by the Corporation to a Member shall be excluded in determining the Hypothetical Tax Liability of the Corporation for purposes of calculating Realized Tax Benefits and Realized Tax Detriments pursuant to this Agreement.

  • Closing Consideration The closing consideration shall be delivered at the Closing as follows:

  • Closing Purchase Price Buyer shall have delivered the Closing Purchase Price in accordance with Section 2.5. ARTICLE VII

  • Closing Payment At the Closing, Buyer will pay or cause to be paid to Seller the Closing Payment Amount, by wire transfer of immediately available funds or by such other means as may be agreed upon by Seller and Buyer.

  • Seller’s Expenses Seller agrees to pay all costs of releasing loans and recording the releases, preparation fees for the Deed. The insured closing fee and the disclosure of sales information form will be split equally between Seller and Buyer.

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