Assignment of Claim definition
Examples of Assignment of Claim in a sentence
The Company shall prepare and provide to the Initial Member, on or prior to the respective Servicing Transfer Date, an Affidavit and Assignment of Claim in the form attached to this Agreement as Attachment C or any similar forms as might be required in any relevant Foreign Jurisdiction and shall be acceptable to the Initial Member, for each Loan where a Borrower under such Loan is in bankruptcy as of the Closing Date.
The Company shall prepare and provide to the Initial Member, on or prior to the Servicing Transfer Date, an Affidavit and Assignment of Claim or any similar forms as may be required in any relevant Foreign Jurisdiction and shall be acceptable to the Initial Member, for each Loan where a Borrower under such Loan is in bankruptcy as of the Effective Date.
The Company must prepare and provide to the Transferor, on or prior to the respective Servicing Transfer Date, an Affidavit and Assignment of Claim in the form attached to this Agreement as Attachment D or any similar forms as may be required in any relevant Foreign Jurisdiction and must be acceptable to the Transferor, for each Asset where a Borrower or an Obligor with respect to such Asset is in bankruptcy as of the Closing Date.
To the extent that Seller has filed any proofs of claim with respect to any pending bankruptcy case involving the Loan, Seller shall execute and deliver to Buyer at Closing an Assignment of Claim in the form attached hereto as Exhibit F.
The Purchaser shall prepare and provide to the Seller, within thirty (30) Business Days after the Closing Date, an Affidavit and Assignment of Claim or any similar forms as may be required in any relevant Foreign Jurisdiction and shall be acceptable to the Seller, for each Mortgage Loan where a Mortgagor under such Mortgage Loan is in bankruptcy as of the Closing Date.
The Company shall prepare and provide to the Transferor, on or prior to the respective Servicing Transfer Date, an Affidavit and Assignment of Claim in the form attached to this Agreement as Attachment D or any similar forms as may be required in any relevant Foreign Jurisdiction and shall be acceptable to the Transferor, for each Asset where a Borrower or an Obligor with respect to such Asset is in bankruptcy as of the Closing Date.
With respect to any Government Contract that is not already subject to an Instrument of Assignment and a Notice of Assignment of Claim, upon the occurrence of an Event of Default, each Grantor shall promptly execute and deliver to the Collateral Agent (i) an Instrument of Assignment, and (ii) a Notice of Assignment of Claim.
The Company shall prepare and provide to the Initial Member within thirty (30) Business Days after the Closing Date, an Affidavit and Assignment of Claim or any similar forms as may be required in any relevant Foreign Jurisdiction and shall be acceptable to the Initial Member, for each Loan where a Borrower under such Loan is in bankruptcy as of the Closing Date.
Assignor represents and warrants as of the Effective Date that the Proof of Claim has been duly and timely filed in the Case, and a true and complete copy of the Proof of Claim is attached to and made a part of this Assignment of Claim Agreement (“Agreement”).
If the Customer pays Claim to Merchant, despite the Assignment of Claim, then Merchant shall remit the amount of such Claim to XFORTA FINANCIAL TECHNOLOGIES LTD on receipt thereof.