Relevant Seller definition

Relevant Seller means, with respect to any Portfolio Investment that is not a Primary Market Investment, the “Seller” under the Relevant Trade Confirmation.

Relevant Seller means the Seller who transferred the portfolio of Eligible Assets/Integration Assets with respect to which a breach of the Tests has occurred. If the relevant breach is not remedied prior to the immediately following Calculation Date, the Representative of the Covered Bondholders will deliver a notice to the Issuer and the Guarantor (a "Breach of Test Notice"). Prior to the occurrence of an Issuer Event of Default, if a Breach of Test Notice has been served and not revoked:

Relevant Seller. With respect to the Mortgage Loan Sale Agreement dated as of February 1, 2007 between the Depositor and CHF, CHF, and with respect to the Mortgage Loan Sale Agreement dated as of February 1, 2007 between the Depositor and JPMMAC, JPMMAC.

Examples of Relevant Seller in a sentence

• If the Relevant Buyer or Relevant Seller do not agree on the value of an item in the Adjustment Statement within such period, the Relevant Buyer or Relevant Seller may at any time within 15 Business Days after the end of that period refer the matter to the independent accountant for determination in accordance with the terms and conditions of the Proposed Disposal Agreements.

• Service Charge The service charge will reflect the principle that the relevant store is operated for the economic benefit of the relevant Brand Operations Entity from the Second Carve-out Completion Date, provided the Relevant Seller Entity is entitled to charge the Service Recipients the costs of operating the store during the relevant transitional period.

• Services Where required pursuant to Clause 2.3.1, the pre-Second Carve-out Completion Date operating Relevant Seller Entity shall continue to operate relevant premises for the benefit of the relevant Brand Operations Entity.

• The Relevant Seller must prepare and deliver to the Relevant Buyer an adjustment statement (“Adjustment Statement”) within 30 business days after the completion date, following which the Relevant Buyer and the Relevant Seller must confer and use their best endeavours to agree on the Adjustment Statement within 15 business days after the delivery of the Adjustment Statement by the Relevant Seller.

• If required in accordance with Clause 2.3.1, the Relevant Seller Entities shall operate certain stores on behalf of the relevant Brand Operations Entities for a transitional period.

More Definitions of Relevant Seller

Relevant Seller relevant Company" or "relevant Subsidiary" is a reference to the entity to which a right or obligation or a liability under this Article or in respect of Tax relates.

Relevant Seller has the meaning set out in Clause 5.2.1;

Relevant Seller means the Investor or Manager who receives or benefits from, or the member of the Investor’s Group (in the case of the Investor) or Connected Person(s) (in the case of a Manager) that receives or benefits from, any Leakage (or, in the case of Leakage under paragraphs (f) or (h) but in the case of (h), only if and to the extent that such Leakage arises in respect of Leakage falling under paragraph (f), if and to the extent that it is attributable to such Leakage);

Relevant Seller s Group Company" means a Seller’s Group Company for which the Seller is required to procure transfers of any of the Business or the Assets held by such Relevant Seller’s Group Company pursuant to the terms of this Agreement;

Relevant Seller has the meaning given to it in Paragraph 1.4 of Part B of Schedule 13 (Tax);

Relevant Seller s receipt good discharge): The receipt of amounts by a Relevant Seller pursuant to clauses 2.9(a) and (b) constitutes a good discharge to the Trustee.

Relevant Seller means the Seller who transferred the portfolio of Eligible Assets/Integration Assets with respect to which a breach of the Tests has occurred.