Assignment of Interest definition

Assignment of Interest shall have the meaning ascribed thereto in Section 2 hereof.

Assignment of Interest means an instrument to be executed and delivered at Closing by each of the Sellers assigning and transferring their interests in the Teletouch Securities and in such form as is usual and customary for the type of transactions contemplated by this Agreement.

Assignment of Interest is defined in Section 7.3(c) of this Agreement.

Examples of Assignment of Interest in a sentence

• Borrower shall collaterally assign to Lender, pursuant to the Collateral Assignment of Interest Rate Cap Agreement, all of its right, title and interest to receive any and all payments under the Interest Rate Cap Agreement, and shall deliver to Lender an executed counterpart of such Interest Rate Cap Agreement (which shall, by its terms, authorize the assignment to Lender and require that payments be paid directly into an account pledged to Lender as provided above in this Section 2.2.7).

• Section 2.03 Assignment of Interest in the Mortgage Loan Purchase Agreement.

• In light of these considerations, Borrower agrees that private sales of the Rate Cap Collateral under the Assignment of Interest Rate Cap Agreement shall not be deemed to have been made in a commercially unreasonably manner by mere virtue of having been made privately.

• Lender or its counsel shall have received a fully executed Interest Rate Cap Agreement and a Collateral Assignment of Interest Rate Cap Agreement, together with an opinion of counsel in form and substance satisfactory to it, or shall have received reasonably satisfactory evidence that same will be delivered promptly following the Original Closing Date.

• Lender or its counsel shall have received a fully executed Interest Rate Cap Agreement and a Collateral Assignment of Interest Rate Cap Agreement, together with an opinion of counsel in form and substance satisfactory to it, or shall have received reasonably satisfactory evidence that same will be delivered promptly following the Closing Date.

More Definitions of Assignment of Interest

Assignment of Interest is defined in Section 2.4(a)(iv).

Assignment of Interest means an instrument to be executed and delivered at Closing by Holdings assigning and transferring its interest in the Holdings Securities and in such form as is usual and customary for the type of transactions contemplated by this Agreement.

Assignment of Interest has the meaning set forth in Section 2.3(b)(i).

Assignment of Interest has the meaning set forth in Section 3(a) hereof

Assignment of Interest is defined in Section 2.3.

Assignment of Interest means (i) that certain Assignment of Partnership Interest, executed by Pernix, Lender and the other parties thereto, and (ii) any other assignment of interest delivered in connection with a Membership Interest Pledge Agreement or Partnership Interest Pledge Agreement. Assignee is defined in Section 14.13.1.

Assignment of Interest has the meaning ascribed to such term in Section 2(b) hereof.