Approved Seller definition

Approved Seller means a special purpose, bankruptcy remote, wholly-owned subsidiary of the Depositor which owns a portfolio of Loans that were pledged as collateral for one or more series of promissory notes issued by such subsidiary.

Approved Seller means, in relation to an Additional Ship, the seller of such Approved Ship and, in the plural, means any or all of them;

Examples of Approved Seller in a sentence

On each Monthly Determination Date, the Approved Seller shall pay to the Trustee an amount equal to all Loan Offset Interest Amounts for the Monthly Collection Period immediately preceding that Monthly Determination Date.
The Security Trustee covenants for the benefit of the Approved Seller that it will comply with clause 12.4(l)(i) of the Master Trust Deed in relation to any Receivable Security or Related Security which the Chargor or the Approved Seller has notified in writing to the Security Trustee is affected by a Trust Back.
The parties agree that the Approved Seller is to be an Approved Seller for the purposes of the Master Trust Deed, this Supplementary Terms Notice and the other Transaction Documents for the Trust.
The Approved Seller may only provide a Further Advance if the Approved Seller purchases the relevant Housing Loan from the Trustee.
On April 7, 2016, SCAG’s Regional Council adopted the 2016-2040 Regional Transportation Plan/Sustainable Communities Strategy (2016-2040 RTP/SCS).

Approved Seller. A Seller identified on Schedule VII thereto as such Schedule VII may be updated from time to time at the request of the initial Servicer with the prior written approval of the Administrative Agent (which approval shall not be unreasonably withheld and may be evidenced by an email confirmation).

Approved Seller means an approved seller under the applicable Guidelines.

Approved Seller means a Seller who has been approved by Bank as a Seller of Accounts pursuant to Section 5 of this Agreement.

Approved Seller means a Person who sells trucks to BTF that has been approved in writing by the Requisite Investors.

Approved Seller means any Person a party to an asset purchase agreement or similar agreement, as seller, transferor, assignor or conveyor (as the case may be) with an Obligor, as buyer, whereby the applicable Obligor acquires all or substantially all the properties or assets of such seller, with respect to which the Bank has received the following:

Approved Seller means Westpac Banking Corporation (ARBN 007 457 141) or, other than in clauses 8.1, 8.2, 8.3, 8.5(b), 8.6, 8.7, 8.11, 8.12, 11, 33 and 37 of the Master Trust Deed, the Trustee in its capacity as trustee of the WST Warehouse Trust #1. Arrears subsist in relation to a Purchased Receivable if the Obligor under that Purchased Receivable fails to pay any amount due under that Purchased Receivable on the day it was due. Delayed payments arising from payment holidays based on early repayments (agreed in writing by Westpac), or from maternity or paternity leave repayment reductions, which are granted by Westpac or the Servicer will not, by themselves, lead to a Purchased Receivable being in Arrears.