Canadian Purchase and Sale Agreement definition

Canadian Purchase and Sale Agreement means the Purchase and Sale Agreement, dated as of September 28, 2021, among the Canadian Servicer, the Canadian Originators and the Borrower, as such agreement may be amended, supplemented or otherwise modified from time to time.

Canadian Purchase and Sale Agreement means the Canadian Purchase and Sale Agreement, dated as of the Closing Date, among the Canadian Servicer, the Canadian Originators, as sellers, and the Canadian Guarantor, as purchaser, as such agreement may be amended, supplemented or otherwise modified from time to time.

Canadian Purchase and Sale Agreement means the Purchase and Sale Agreement, dated as of September 27, 2011, among Garland, as an Originator, the various other Originators that may from time to time become a party thereto, and the Cayman Seller, as the same may be modified, supplemented, amended and amended and restated from time to time in accordance with its terms and this Agreement.

Examples of Canadian Purchase and Sale Agreement in a sentence

• The parties hereto acknowledge that Canadian Receivables sold by Garland to the Cayman Seller under the Canadian Purchase and Sale Agreement have been sold on a servicing-included basis and no additional compensation is payable to Garland for acting as the Applicable Servicer of the Canadian Receivables hereunder.

• At all times from the earlier of (i) date that the Canadian Purchase and Sale Agreement and the GBP Purchase and Sale Agreement are executed and effective and (ii) forty-five (45) days following the Closing Date until the Final Payout Date, the Parent and its Subsidiaries on a consolidated basis shall not permit at any time the Liquidity Level to be less than the amount set forth in Schedule IV.

• The parties hereto acknowledge that Canadian Receivables sold by Garland to the Cayman Seller under the Canadian Purchase and Sale Agreement have been sold on a servicing- included basis and no additional compensation is payable to Garland for acting as the Applicable Servicer of the Canadian Receivables hereunder.

• The parties hereto acknowledge that Canadian Receivables sold by Garland to the Seller under the Canadian Purchase and Sale Agreement have been sold on a servicing-included basis and no additional compensation is payable to Garland for acting as the Applicable Servicer of the Canadian Receivables hereunder.

• On or prior to the Closing Date, the Borrower shall have entered into Lock-Box Agreements with all of the Lock-Box Banks and delivered executed counterparts of each to the Administrative Agent; provided, however, that, notwithstanding anything to the contrary herein or in the (x) Canadian Purchase and Sale Agreement with respect to any Pool Receivables the Originator thereof is Volt Canada Inc.

• The Buyer, the Remaining Originator and the Released Originator are parties to that certain Canadian Purchase and Sale Agreement, dated as of September 30, 2021, as amended by that certain Joinder and Amendment Agreement dated as of September 1, 2023 (as further amended, restated, supplemented or otherwise modified through the date hereof, the “Agreement”).

• Unless otherwise defined herein, capitalized terms used herein have the meanings provided in Appendix A to the Canadian Purchase and Sale Agreement.

• In furtherance of the foregoing, the Originator agrees it has not sold and/or contributed, and shall not sell and/or contribute, and Buyer agrees it has not purchased and/or received, and shall not purchase and/or receive, any existing or hereafter arising Excluded Receivables pursuant to the Canadian Purchase and Sale Agreement.

• Each representation and warranty made by a Canadian Originator under the Canadian Purchase and Sale Agreement is true and correct in all material respects as of the date when made.

• The undersigned hereby certifies that, in respect of the Receivables described in CLAUSE (A) above, each of the conditions set forth in Section 5.1 of the Canadian Purchase and Sale Agreement are satisfied as of the date hereof.

More Definitions of Canadian Purchase and Sale Agreement

Canadian Purchase and Sale Agreement means the Purchase and Sale Agreement, dated as of September 27, 2011, among Garland, as an Originator, the various other Originators that may from time to time become a party thereto, and the Seller, as the same may be modified, supplemented, amended and amended and restated from time to time in accordance with its terms and this Agreement.