Assigned Contract definition

Assigned Contract shall have the meaning set forth in Section 1.1(b).
Assigned Contract has the meaning set forth in Section 1.5(a).
Assigned Contract means (a) any contract that in ALTISOURCE’s sole judgment relates exclusively to the AAMC Business and (b) with respect to any contract that relates, but does not in ALTISOURCE’s sole judgment relate exclusively, to the AAMC Business (“Partial Assigned Contracts”), the portion, if any, of such Partial Assigned Contract that, in ALTISOURCE’s sole judgment, relates to the AAMC Business (the “AAMC Portion”).

Examples of Assigned Contract in a sentence

  • The Company will secure all consents and approvals necessary or appropriate for the assignment to or for the benefit of the Secured Party of the Assigned Contract and to enforce the security interests granted hereunder.

  • The Assigned Contract is in full force and effect and no default by the Company or, to the knowledge of the Company, any other party thereto currently exist thereunder as of the date hereof.

  • The Grantors shall give to the Secured Party prompt notice of (i) each material demand or material notice received or given by either Grantor relating to the Assigned Contract, and (ii) any default or event which, with the giving of notice or the passage of time or both, might reasonably be expected to become a default under the Assigned Contract, whether by the Company or any other Person, and of which either Grantor has knowledge or has received notice.

  • Upon the request of the Secured Party after the occurrence and during the continuation of an Event of Default, the Company shall notify the parties to the Assigned Contract that the Assigned Contract has been assigned to the Secured Party and that payments in respect thereof shall be made directly to the Secured Party.

  • The Assigned Contract has been duly executed and delivered by the Company and each other party thereto and is the legally valid and binding obligation of each party thereto, enforceable against such party in accordance with its terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability.


More Definitions of Assigned Contract

Assigned Contract means (a) any contract that in ALTISOURCE’s sole judgment relates exclusively to the Residential Business (“Exclusive Assigned Contracts”) and (b) with respect to any contract that relates, but does not in ALTISOURCE’s sole judgment relate exclusively, to the Residential Business (“Partial Assigned Contracts”), the portion, if any, of such Partial Assigned Contract that, in ALTISOURCE’s sole judgment, relates to the Residential Business (the “Residential Portion”).
Assigned Contract has the meaning set forth in Section 2.3.
Assigned Contract means (a) any contract that in OCWEN’s sole judgment relates exclusively to the ALTISOURCE Business (“Exclusive Assigned Contracts”) and (b) with respect to any contract that relates, but does not in OCWEN’s sole judgment relate exclusively, to the ALTISOURCE Business (“Partial Assigned Contracts”), the portion, if any, of such Partial Assigned Contract that, in OCWEN’s sole judgment, relates to the ALTISOURCE Business (the “ALTISOURCE Portion”).
Assigned Contract means a contract for access to gas transmission capacity, or for related matters, the rights and liabilities under which are assigned from the corporation to the assignee, except that it does not include an exempt contract as defined by section 20(5).
Assigned Contract or “Assigned Contracts” is defined in Section 1.1(c).
Assigned Contract as defined in Section 2.1(c).
Assigned Contract means any contract or agreement to which the Company is a party or which runs in favor of the Company and which constitutes part of the Collateral.