Account Originator definition

Account Originator means the original issuer of the credit card relating to an Account pursuant to a Credit Card Agreement, which has sold the related Receivables to PFR or the Transferor pursuant to a Receivables Purchase Agreement. "Account Originator Purchase Agreement" shall mean a receivables purchase agreement pursuant to which an Account Originator sells Receivables to PFR or the Transferor. "Account Owner" shall mean, with respect to any Account, the entity which is either the Account Originator with respect to such Account or an entity which has acquired such Account, and in either case, has sold the related Receivables to PFR or the Transferor pursuant to a Receivables Purchase Agreement.
Account Originator means the original issuer of the credit card relating to an Account, including the Bank, pursuant to a Credit Card Agreement or a purchaser of such Account, in either case which has sold such Account to the Bank.
Account Originator means Nordstrom fsb or, upon satisfaction of the Rating Agency Condition, any other entity which is the issuer of the credit card relating to an Account pursuant to a Credit Card Agreement.

Examples of Account Originator in a sentence

  • The Servicer shall not terminate or permit the termination of any Collection Account, Originator Specified Account or Lockbox or any Account Agreement without the prior written consent of the Required Purchasers.

  • The Seller shall not terminate or permit the termination of any Collection Account, Originator Specified Account or Lockbox or any Account Agreement without the prior written consent of the Required Purchasers.

  • The foregoing does not constitute and is not intended to result in the creation or assumption by Issuer, Owner Trustee, Indenture Trustee or any Noteholder of any obligation of any Account Originator, Servicer, Transferor or any other Person in connection with the Accounts or the Receivables or under any agreement or instrument relating thereto, including any obligation to Obligors, merchant banks, merchants, clearance systems or insurers.

  • No Originator shall terminate or permit the termination of any Originator Specified Account, Originator Collection Account or Lockbox without the prior written consent of the Required Purchasers.

  • The foregoing conditions may be amended with the consent of the Rating Agency but without the consent of Securityholders if such amendment is required to comply with any accounting or regulatory restrictions to which the Trust, Holdings, the Transferor, PFR, any Account Originator or any Account Owner may become subject.


More Definitions of Account Originator

Account Originator means each of TRS and Centurion Bank.
Account Originator means Heritage Bank of Commerce or any other entity which is the issuer of the credit card relating to an Account pursuant to a Cardholder Agreement.
Account Originator means, with respect to an Account, TRS, Centurion Bank, FSB or any other entity that, pursuant to the Account Agreement related to such Account, is the issuer of the charge cards related to, or the owner of, such Account; provided that the Transferors shall have received written confirmation from Standard & Poor's that the designation of any Account Originator other than TRS, Centurion Bank or FSB shall not cause the downgrade or withdrawal of any rating assigned to any outstanding Series by Standard & Poor's.
Account Originator means (i) Heritage Bank of Commerce and (ii) any other account originator or any other successors or assigns under the Origination Agreement which shall be acceptable to the Lenders.
Account Originator means Bon-Ton DSI or Xxxxx-Xxxxxxx Stores, or, upon satisfaction of the Rating Agency Condition, any other entity which is the issuer of the credit card relating to an Account pursuant to a Credit Card Agreement or any Person who has acquired such Account.
Account Originator means (i) WFCB and its successors and assigns or (ii) any other originator of Accounts which is designated from time to time pursuant to Section 2.10 of the Transfer and Servicing Agreement and, directly or indirectly, enters into a receivables purchase agreement with Transferor.
Account Originator means (i) The Neiman Marcus Group,