Originator Agreement Clause Samples
An Originator Agreement is a contractual provision that defines the rights and responsibilities of the party initiating a transaction, project, or process—referred to as the originator. This clause typically outlines the originator's obligations, such as providing accurate information, ensuring compliance with relevant laws, and sometimes retaining certain rights over the originated asset or transaction. By clearly delineating the originator's role and duties, the clause helps prevent misunderstandings and allocates responsibility, thereby ensuring smooth execution and reducing the risk of disputes.
Originator Agreement. Each Contract is subject to an Originator Agreement with the Seller and which if acquired by the Seller pursuant to a “bulk purchase” from another Originator has been approved by the Insurer; provided, however that receivables originated under the Seller’s direct origination program are evidenced by a promissory note.
Originator Agreement. Each Contract is subject to an Originator Agreement with the Seller and which if acquired by the Seller pursuant to a "bulk purchase" from another Originator has been approved by the Insurer.
Originator Agreement. Take all action necessary to perfect, -------------------- protect and evidence the Seller's interest as against the Originator in the Receivables and Related Contracts.
Originator Agreement. Amend, waive, modify or otherwise terminate -------------------- any terms or provisions of the Originator Agreement, which right to amend, modify, waive or terminate has been assigned to the Agent for the benefit of the Owners pursuant to Section 6.06.