Instrument of Assumption and Joinder definition

Instrument of Assumption and Joinder means an Instrument of Assumption and Joinder substantially in the form of Exhibit J hereto.
Instrument of Assumption and Joinder means an Assumption and Joinder Agreement substantially in the form of Exhibit C hereto.
Instrument of Assumption and Joinder means that certain joinder agreement in the form of Exhibit C hereto

Examples of Instrument of Assumption and Joinder in a sentence

  • Upon the due execution and delivery of any Instrument of Assumption and Joinder to the Collateral Agent, notice of which is hereby waived by the Grantors, each such Additional Grantor shall be deemed a Grantor hereunder and shall be as fully a party hereto as if such Additional Grantor were an original signatory hereto.

  • Each Person that becomes a Loan Party after the date hereof shall become a party to this Agreement upon execution and delivery by such Person of an Instrument of Assumption and Joinder substantially in the form of Exhibit L to the First Priority Agreement.

  • Any Affiliate of the Company may become a party hereto as an additional Grantor (each such Affiliate of the Company, an “Additional Grantor”) by executing and delivering an Instrument of Assumption and Joinder along with supplements to the Exhibits to this Security Agreement necessary to reflect additional Collateral provided by the Additional Grantor.


More Definitions of Instrument of Assumption and Joinder

Instrument of Assumption and Joinder means an instrument of assumption and joinder duly executed by the applicable Subsidiary party thereto and substantially in the form of Exhibit G hereto.
Instrument of Assumption and Joinder means the Instrument of Assumption and Joinder substantially in the form of Exhibit J pursuant to which Subsidiaries of the Borrower become parties to this Credit Agreement as contemplated by Section 5.23.
Instrument of Assumption and Joinder means an Instrument of Assumption and Joinder substantially in the form of Exhibit F hereto. “Intellectual Property” means all intellectual property and similar property of every kind and nature now owned or hereafter acquired by any Person, including inventions, designs, patents, copyrights, trademarks, Licenses, trade secrets, confidential or proprietary technical and business information, know-how, show-how or other data or information and all related documentation, and all additions and improvements to any of the foregoing. “Investment” shall mean any stock, evidence of indebtedness or other security of any Person, any loan, advance, contribution of capital, extension of credit or commitment therefor (including, without limitation, the Guaranty of loans made to others, but excluding current trade and customer accounts receivable arising in the ordinary course of business and payable in accordance with customary trading terms in the ordinary course of business), any purchase of (i) any security of another Person or (ii) any business or undertaking of any Person or any commitment to make any such purchase, or any other investment; provided, however, that an Acquisition shall not be considered an “Investment.” “Laboratory” shall mean any laboratory which is located in the United States, Canada or any other jurisdiction and is a party to a Pledgeholder Agreement or a Laboratory Access Letter. “Laboratory Access Letter” shall mean a letter agreement among (i) a Laboratory holding any elements of any item of Product to which any Grantor has the right of access, (ii) such Grantor and (iii) the Collateral Agent, substantially in the form of Exhibit G hereto or a form otherwise then permissible under the Existing Credit Agreement (adding references to the Collateral Agent, the Secured Parties and the Secured Obligations to existing Pledgeholder Agreements, or substituting references to the Collateral Agent, the Secured Parties and the Secured Obligations for references therein to the Administrative Agent, the lenders and the secured obligations under the Existing Credit Agreement). “LGEC” means Lions Gate Entertainment Corp. “Licenses” means, with respect to any Person, all of such Person’s right, title, and interest in and to (a) any and all licensing agreements or similar arrangements in and to any other Person’s Intellectual Property, (b) all income, royalties, damages, claims, and payments now or hereafter due or payable under
Instrument of Assumption and Joinder means an
Instrument of Assumption and Joinder means an Instrument of Assumption and Joinder executed and delivered by a Credit Party as provided in SECTION 5.17 in the form of EXHIBIT 5.17 hereto.
Instrument of Assumption and Joinder means the Instrument of Assumption and Joinder by each Person that becomes a Domestic Subsidiary substantially in the form attached hereto as Exhibit E.
Instrument of Assumption and Joinder means an Instrument of Assumption and Joinder substantially in the form of Exhibit L hereto. "Intellectual Property Library Amount" shall initially be equal to $20,400,000, which amount shall be equal to the sum of the net present value of the unexploited rights to the licensing, merchandising and trademark rights relating to the characters used in the items of Product of each of the Credit Parties; provided, however, that (i) there will be quarterly reductions between annual redeterminations each equal to 5% of the greater of (x) the Intellectual Property Library Amount, as most recently redetermined in accordance with the provisions hereof and (y) $20,400,000, (ii) "Intellectual Property Library Amount" shall be redetermined with respect to the Credit Parties on an annual basis by an independent consultant approved by the Administrative Agent using methodology consistent with the initial valuation done by Consor and (iii) the Administrative Agent shall be entitled to exclude from the computation of Intellectual Property Library Amount any library credit which has not been approved by an independent consultant and in a manner in each case, approved by the Administrative Agent. The "Intellectual Property Library Amount" will not double count any value included in computing the Eligible Film Library Amount.