Examples of Assigned Interests in a sentence
In exchange for good and valuable consideration, the receipt of which is hereby acknowledged, and effective as of the Effective Date, the Assignor hereby sells, assigns, transfers, conveys and delivers to Assignee, and Assignee hereby purchases and accepts, all of the Assigned Interests on an as-is, where-is basis.
Notwithstanding any provision in this Agreement or any other writing to the contrary, Purchaser is acquiring only the Assigned Interests and is not assuming any liability or obligation of the Company or any of its Affiliates of whatever nature, whether presently in existence or arising or asserted hereafter, whether under any Transaction Document or otherwise.
However, Midlands may reduce the excess amount (but not the Restorative Payment Amount) by the amount of reasonable attorney’s fees that Midlands paid to unrelated third parties while pursuing the Assigned Interests.
Administrative Agent, the Issuing Lender and Borrower hereby consent to each Assignor’s assignment of the Assigned Interests to the respective Assignees, and waive any other conditions to the effectiveness of such assignment that are not expressly set forth in this Agreement, and agree that the terms of this Agreement shall constitute an Assignment and Acceptance.
The Recovery Rights Agreement provides that the Assigned Interests consist of the Plan’s rights, title, and interests in and to all financial recoveries payable with respect to the claims underlying the Lawsuits.