Define: Assignment and Acceptance
What does "Assignment and Acceptance" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (CATERPILLAR INC, seen in 1 filing)
Assignment and Acceptance means (implied from context) an agreement for assignment of commitments and advances.
Source: CATERPILLAR INC 8-K
Definition 2 (COHERENT CORP., seen in 1 filing)
Assignment and Acceptance means an assignment and acceptance entered into by a Lender and an Assignee, and accepted by the Administrative Agent and the Borrower (if required by Section 9.04), in the form of Exhibit A or such other form reasonably satisfactory to the Administrative Agent and the Borrower.
Source: COHERENT CORP. 8-K
Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.