Seller Power of Attorney definition

Seller Power of Attorney means the power of attorney provided by the Seller pursuant to the Mortgage Sale Agreement;
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Seller Power of Attorney means the power of attorney granted by the Seller in favour of the Issuer and the Security Trustee on the Closing Date substantially in the form set out in Schedule 3 (Seller Power of Attorney) to the Mortgage Sale Agreement; Seller Standard Variable Rate means the relevant standard variable rate set by the Seller in relation to applicable Standard Variable Rate Loans (other than Fixed Rate Loans) beneficially owned by the Seller outside the Portfolio; Seller's Policy means the originating, underwriting, administration, arrears and enforcement policy for repayment of the Loans and their Related Security which are beneficially owned solely by the Seller and applied by the Seller from time to time to such Loans and their Related Security; Servicer means the YBS or such other person as may from time to time be appointed as servicer of the relevant Loans in the Portfolio pursuant to the Servicing Agreement;
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Seller Power of Attorney means, collectively, a cover letter and power of attorney executed by Seller, which is satisfactory to Purchaser in all respects.
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Examples of Seller Power of Attorney in a sentence

  • However, provided that the Covered Bond Programme is registered, a moratorium in respect of the Seller would not prevent the Covered Bond Guarantor from acting as the Seller's attorney under the Seller Power of Attorney for the purposes of transferring the legal title to the Mortgages to the Covered Bond Guarantor.

  • DLL as Seller will, however, undertake for the benefit of the Issuer that DLL will lend its name to, and take such other steps as may be required by the Issuer or the Issuer Security Trustee inrelation to any action in respect of the Purchased Receivables and DLL grants the Issuer a power of attorney in this regard (the "Seller Power of Attorney").

  • For such purposes, the Seller will grant to the Issuer, the Seller Power of Attorney.

  • For further assuring the said rights and powers specified in this Clause 5 ( Transfer of Title), the Seller has granted a power of attorney in favour of the Mortgages Trustee substantially in the form set out in Schedule 3 (Form of Seller Power of Attorney) to the Mortgage Sale Agreement.

  • RCI Financial Services Ltd as Seller will, however, undertake for the benefit of the Issuer that RCI Financial Services Ltd will lend its name to, and take such other steps as may be required by the Issuer or the Security Trustee in relation to any action in respect of the Transferred Receivables and RCI Financial Services Ltd grants the Issuer a power of attorney in this regard (the " Seller Power of Attorney").

  • The Seller further undertakes to the Issuer and the Security Trustee that it will provide (and will proc ure that any successor, transferee or assignee provides), if required by the Issuer or the Security Trustee, a further power of attorney substantially in the form set out in Schedule 5 (Seller Power of Attorney) including, for the avoidance of doubt, following any property transfer pursuant to the terms of the Banking Act.

  • For further assuring the said rights and powers specified in this Clause5 ( Transfer of Title), the Seller has granted a power of attorney in favour of the Mortgages Trustee substantially in the form set out in Schedule 5 (Form of Seller Power of Attorney) to the Mortgage Sale Agreement.

  • The Issuer (subject to the prior written consent of the Security Trustee) shall, as soon as reasonably practicable following receipt of notification to it, or its agents, of completion of the registration or recording of the transfer of all of the relevant Mortgages and other acts required to perfect the transfer of the relevant Loans and their Related Security, give notice thereof to the Seller and with such notice return the Seller Power of Attorney.

  • In furtherance of the foregoing, each of the Grantors hereby agrees to execute and deliver, on or prior to the Closing Date, to the Grantees a power of attorney substantially in the form of Exhibit C (Form of Administrative Agent and Seller Power of Attorney) hereto.


More Definitions of Seller Power of Attorney

Seller Power of Attorney means the power of attorney granted by the Seller in favour of Funding 1, the Mortgages Trustee and the Security Trustee on the Initial Closing Date, substantially in the form set out in SCHEDULE 5 to the Mortgage Sale Agreement;
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Seller Power of Attorney means, as the context requires, (a) the power of attorney granted by the Seller in favour of Funding 1, the Mortgages Trustee and the Funding 1 Security Trustee on the Initial Closing Date and on the Fourth Issuer Closing Date substantially in the form set out in Schedule 5 to the Mortgage Sale Agreement and (b) the power of attorney granted by the Seller in favour of Funding
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Seller Power of Attorney means, as the context requires, (a) the power of attorney granted by the Seller in favour of Funding 1, the Mortgages Trustee and the Funding 1 Security Trustee on the Initial Closing Date and on the Fourth Issuer Closing Date substantially in the form set out in Schedule 5 to the Mortgage Sale Agreement and (b) the power of attorney granted by the Seller in favour of Funding 1, Funding 2, the Mortgages Trustee, the Funding 1 Security Trustee and the Funding 2 Security Trustee on the Programme Date substantially in the form set out in Schedule 5 to the Mortgage Sale Agreement;
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Seller Power of Attorney shall have the meaning set forth in Section 4.2(a).
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Seller Power of Attorney means the power of attorney granted by the English Seller in favour of the Purchaser on the Signing Date substantially in the form set out in schedule 7 (Form of the English Seller Power of Attorney) of this Agreement; and "Signing Date" means the date of this Agreement. 1.3
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Related to Seller Power of Attorney

  • Power of Attorney means a record that grants an agent authority to act in the place of a principal.

  • Powers means all of the general and specific powers of the authority as provided in this chapter which shall be broadly and liberally interpreted to authorize the authority to act in accordance with the goals of the authority and in a manner consistent with the legislative findings and guiding principles.

  • Bail-in Powers means any Write-down and Conversion Powers as defined in the EU Bail-in Legislation Schedule, in relation to the relevant Bail-in Legislation.

  • General power of appointment means a power of appointment exercisable in favor of the powerholder, the powerholder's estate, a creditor of the powerholder, or a creditor of the powerholder's estate.

  • Stock Power With respect to a Cooperative Loan, an assignment of the stock certificate or an assignment of the Cooperative Shares issued by the Cooperative Corporation.

  • Power of appointment means a power that enables a powerholder acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over the appointive property. The term does not include a power of attorney.

  • UK Bail-in Powers means the powers under the UK Bail-In Legislation to cancel, transfer or dilute shares issued by a person that is a bank or investment firm or affiliate of a bank or investment firm, to cancel, reduce, modify or change the form of a liability of such a person or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability.

  • Solar Power means power generated from the Solar Photovoltaic Power Project;

  • City Attorney means the City Attorney of the City or any person designated by the City Attorney to perform one or more of the duties of the City Attorney under this Agreement.

  • District attorney means any of the following:

  • Attorney means, if appointed to represent a child under the provisions referenced in section 5213, an attorney serving as the child's legal advocate in the manner defined and described in section 13a of chapter XIIA of the probate code of 1939, 1939 PA 288, MCL 712A.13a.

  • Bail-in Power means any statutory cancellation, write-down and/or conversion power existing from time to time under any laws, regulations, rules or requirements relating to the resolution of banks, banking group companies, credit institutions and/or investment firms, including but not limited to any such laws, regulations, rules or requirements that are implemented, adopted or enacted within the context of a European Union directive or regulation of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms, or any other applicable laws or regulations, as amended, or otherwise, pursuant to which obligations of a bank, banking group company, credit institution or investment firm or any of its affiliates can be reduced, cancelled and/or converted into shares or other securities or obligations of the obligor or any other person.

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Joint Powers Agreement means that certain Joint Powers Agreement dated June 27, 2017, as amended from time to time, under which Buyer is organized as a Joint Powers Authority in accordance with the Joint Powers Act.

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Assistant Secretary means an Assistant Secretary of the Corporation.

  • Custody Agreement The Custody Agreement or Agreements identified in the Trust Agreement.

  • Deeds has the meaning set forth in Section 5.2.1 hereof.

  • Transferee Affidavit As defined in Section 5.03(n).

  • UK Bail-in Power means any write-down, conversion, transfer, modification and/or suspension power existing from time to time under any laws, regulations, rules or requirements relating to the resolution of banks, banking group companies, credit institutions and/or investment firms incorporated in the United Kingdom in effect and applicable in the United Kingdom to the Company or other members of the Group, including but not limited to any such laws, regulations, rules or requirements that are implemented, adopted or enacted within the context of any applicable European Union directive or regulation of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms, and/or within the context of a U.K. resolution regime under the U.K. Banking Act 2009, as the same has been or may be amended from time to time (whether pursuant to the U.K. Financial Services (Banking Reform) Act 2013, secondary legislation or otherwise), pursuant to which obligations of a bank, banking group company, credit institution or investment firm or any of its affiliates can be reduced, cancelled, amended, transferred and/or converted into shares or other securities or obligations of the obligor or any other person.

  • County Attorney means the County Attorney of the County of Suffolk.

  • Notice of Assignment is defined in Section 12.3.2.

  • FIRPTA Affidavit means the Foreign Investment in Real Property Tax Act Certification and Affidavit, substantially in the form of Exhibit D hereto.

  • Authorization Letter means a letter agreement executed by Borrower in the form of EXHIBIT A.