Asset Assignment definition
Examples of Asset Assignment in a sentence
The Borrower accounts for each Transfer of a Portfolio Asset under a Portfolio Asset Assignment as a full Transfer of such Portfolio Asset in the books and Records of the Borrower.
The Borrower shall account for the Transfer to it from the Transferor of any Portfolio Asset under each Portfolio Asset Assignment as a Transfer of such Portfolio Asset in its books and Records.
The Borrower will not amend, modify, waive or terminate any provision of any Portfolio Asset Assignment in any manner that would materially and adversely affect the interests of the Lenders without the prior written consent of the Majority Lenders.
By the Copyright Assignment, Internet Asset Assignment, Patent Assignment and the Trademark and Service ▇▇▇▇ Assignment entered into concurrently with this Agreement, ADP shall, or shall cause the applicable members of the ADP Group to, assign, transfer and convey to Dealer or a designated member of the Dealer Group any and all right, title and interest owned by ADP and each of its Affiliates and Subsidiaries in and to only those certain items of Intellectual Property specifically identified therein.
No Loan Party will amend, modify, waive or terminate any provision of any Portfolio Asset Assignment in any manner that would materially and adversely affect the interests of the Lenders without the prior written consent of the Majority Lenders.
The Closing shall be effected by: (a) the delivery by the Purchaser of the Purchase Price; and (b) the delivery by the Seller of an executed IP ▇▇▇▇ of Sale and Asset Assignment Agreement attached hereto as Exhibit A (the "IPAAA").
Each Co‐ Borrower shall account for the Transfer to it from the Transferor of the Portfolio Asset under each Portfolio Asset Assignment as a Transfer of such Portfolio Asset in its books and records.
If, prior to the Closing, such a consent to assignment is obtained from the applicable holder or holders of rights in respect thereof, then such Consent Excluded Asset shall be included in the property exhibit to the applicable Excluded Asset Assignment.
Subject to Sections 4.2 and 4.3 below, other than as may be expressly provided in the Copyright Assignment, Internet Asset Assignment, the Patent Assignment or the Trademark and Service ▇▇▇▇ Assignment, no rights or licenses under any IPR Futures are granted pursuant to this Agreement, the Separation Agreement or any agreement ancillary thereto.
In return for the Asset Consideration and other rights created by this Agreement, each of the Sellers hereby transfers, assigns, sells and grants to TFI, without recourse except as provided in Section 3.03 of this Agreement, on the Closing Date, any and all of such Seller's respective right, title and interest in and to all of the Assets relating to the Contracts set forth on Schedule I to the Asset Assignment.