Transferred Rights definition

Transferred Rights means the rights and benefits transferred to the Trustee in Clause 4(B);

Transferred Rights means (i) all of Seller’s rights in its capacity as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the Loans, including without limitation any Guaranty (excluding, however, the Retained Interest, if any) and (ii) to the extent relating to the rights set forth in the preceding clause (i) and permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of Seller in its capacity as a Lender against any Entity, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity.

Transferred Rights shall have the meaning given to such term in the Participation Agreement.

Examples of Transferred Rights in a sentence

• The Servicer, in its capacity as the seller under the Participation Agreement, shall comply with its obligations and agreement thereunder, including the delivery of distributions from time to time, the conveyance of information and documents received by the Servicer from time to time and the administration and enforcement of the Transferred Rights, in each case, pursuant to the terms of the Participation Agreement, including the standard of care set forth therein.

• Each of Seller and Purchaser represents and warrants that no broker, finder or agent acting pursuant to the authority of such party is entitled to any brokerage fee, finder’s fee, commission or similar amount from the other party hereto in connection with the purchase or sale of the Transferred Rights hereunder.

• Except as otherwise provided in this Agreement, Seller makes no representation or warranty relating to the effect of the Case on the value of the Transferred Rights.

• Seller acknowledges that Purchaser may cause to be filed with the Bankruptcy Court a notice of transfer and transfer agreement pursuant to Bankruptcy Rule 3001(e)(1) notifying the Bankruptcy Court of the transfer of the Transferred Rights to Purchaser.

• The consideration given for the purchase by Purchaser of the Transferred Rights may differ both in kind and in amount from any payments or distributions which Purchaser may ultimately receive with respect to the Transferred Rights, and Purchaser shall not have any recourse to Seller for any deficiency.

More Definitions of Transferred Rights

Transferred Rights means an undivided 100% interest in Seller’s and Original Holder’s right to and title and interest in:

Transferred Rights means any and all of Seller’s right, title and interest in, to and under the Senior Loans (including any commitment to make Advances) and, to the extent related thereto, the following:

Transferred Rights means: all of the Existing Trustee’s rights, title and interest in, to and under the GATS Trust Instrument, but excluding the Trustee Interest and excluding the Retained Rights of the Existing Trustee; and all of the Existing Trust Company’s rights, title and interest in, to and under the GATS Trust Instrument, but excluding the Retained Rights of the Trust Company.

Transferred Rights means, with respect to each Seller, any and all of such Seller’s right, title, and interest in, to and under the aggregate principal amount of Interim Loans set forth opposite such Seller’s name in Schedule A and, to the extent related thereto, the following:

Transferred Rights has the meaning given thereto in the Trust Deed;

Transferred Rights means, after giving effect to the amendments referred to in Section Error: Reference source not found, 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 Rights means the rights and benefits transferred to the Trustee under Clause 4.2 (Assignment);