Transferred Obligations means, after giving effect to the amendments referred to in Section 2.4, all of the Existing Beneficiary’s obligations, duties and liabilities under the GATS Trust Instrument arising during or required to be performed during any period after the Effective Time. Transferred Rights means, after giving effect to the amendments referred to in Section 2.4, all of the Existing Beneficiary’s rights, title and interest in, to and under the GATS Trust Instrument arising during or relating to any period after the Effective Time.

Transferred Obligations means: in the case of the Existing Trustee, all of the Existing Trustee’s obligations, duties and liabilities under the GATS Trust Instrument, but excluding the Retained Obligations of the Existing Trustee; and in the case of the Existing Trust Company, all of the Existing Trust Company’s obligations, duties and liabilities under the GATS Trust Instrument, but excluding the Retained Obligations of the Trust Company.

Examples of Transferred Obligations in a sentence

Upon the date such transfer is effective, (i) MLCS shall be released from all obligations and liabilities arising under the Transferred Obligations; and (ii) the Transferred Obligations shall cease to be Transaction(s) under this Agreement and shall be deemed to be Transaction(s) under the New Master Agreement between the Transferee and the Trust.
Transferee hereby accepts each and all of the Transferred Rights, and Transferee hereby assumes and agrees to be bound by and to perform, as a direct obligation of Transferee to County, each and all of the Transferred Obligations as of the Assignment Effective Date.
Transferee has obtained all consents in connection with its assumption of the Transferred Obligations and for its acquisition of the Transferred Property that may be required by any agreement to which it is a party.
To the current actual knowledge of Transferee, there are no actions, suits, or proceedings at law or in equity or by or before any governmental authority pending or threatened against or affecting Transferee in which there is a reasonable possibility of a determination adverse to Transferee and that are reasonably likely, individually or in the aggregate, if determined adversely to Transferee, to have a material adverse effect on the ability of Transferee to perform the Transferred Obligations.
To re-appoint Mr Dowson during the term of his second Presidency (i.e. until the meeting of the Board in July 2008).

More Definitions of Transferred Obligations

Transferred Obligations shall have the meaning specified in Section 4.

Transferred Obligations means all present and future obligations expressed to be assumed by the Seller under the Loan Agreement and which are attributable to the Transferred Assets;

Transferred Obligations means all of the Transferor's obligations (but excluding the Retained Obligations) under or in respect of the Credit Documentation transferred under the Transfer Certificate including, without limitation, any commitment under the Credit Documentation to make or issue a Credit and any obligations under any outstanding Credit.

Transferred Obligations means, after giving effect to the amendments referred to in Section Error: Reference source not found, all of the Existing Beneficiary’s obligations, duties and liabilities under the GATS Trust Instrument arising during or required to be performed during any period after the Effective Time.

Transferred Obligations means, in relation to any Aircraft, all of the Customer’s obligations, duties and liabilities (other than the Retained Obligations) under (i) the applicable Purchase Agreement (in the case of the A320 Purchase Agreement, solely to the extent relating to the A320 Aircraft) existing prior to the date of this Agreement and (ii) the applicable Assigned Purchase Agreement existing from the date of this Agreement, in each case, to the extent that such obligations, duties and liabilities relate to such Aircraft.

Transferred Obligations shall have the meaning set forth in subsection 12(b) of the Asset Sale Agreement.

Transferred Obligations means (i) the obligations of the Companies arising during, or attributable to, any period of time on or after the Closing Date under the Station Contracts and the FCC Licenses, (ii) the obligations described in Section 5.7 as being the responsibility of Buyer, and (iii) all liabilities included in Working Capital. Pursuant to an assignment and assumption agreement in form and substance reasonably satisfactory to Buyer and Seller (the “Assignment and Assumption Agreement”), Seller will assume and be responsible for all liabilities and obligations of the Companies and their affiliates, whether known or unknown, absolute, accrued, contingent or otherwise, and whether due or to become due, as of the Effective Time other than the Transferred Obligations (the “Retained Obligations”).