Credit Purchase Agreement definition

Credit Purchase Agreement means a receivables purchase agreement or deferred purchase factoring agreement or similar agreement between the Originators and a Credit Purchaser, which agreement commits such Credit Purchaser to purchase from Seller or any Originator Receivables owing from one or more Obligors upon delivery of notice with respect thereto by Seller or any Originator to such Credit Purchaser.
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Credit Purchase Agreement means any agreement for or with respect to the sale of goods, the provision of services, or the bailment of goods, not being an agreement under which the whole of the purchase price, rent, or other consideration is paid by the purchaser in cash or by cheque at or before the time at which the agreement is made, but does not include—
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Credit Purchase Agreement means an agreement, or an offer to enter into an agreement for or relating to the purchase of goods under which, irrespective of the time at which the property in the goods passes or is to pass to the purchaser–
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Examples of Credit Purchase Agreement in a sentence

  • Customer shall not offer to sell or trade Renewable Energy Credits from the Customer System to any other party until the expiration of this Renewable Energy Credit Purchase Agreement as set forth in Section 4 above.

  • Seller is a party to a Renewable Energy Credit Purchase Agreement with Company dated , 20 (the “REC Agreement”).

  • In lieu of a performance bond, NCDOT may, in its sole discretion and without challenge, allow a Banker to provide security in a form acceptable to NCDOT in an amount equal to the purchase price of all released and unreleased credits identified in Section 1 of Exhibit C, Mitigation Credit Purchase Agreement.

  • In its evaluation of an offer, PG&E will consider the Participant’s ability and willingness to comply with the credit and collateral requirement as set forth in the Credit Support Addendum (CSA) to the Form of Master Allowance/Offset Credit Purchase Agreement (Appendix D) and as summarized below, upon execution of a Confirmation for any Offset Credits.

  • Seller is a party to an Up-Front Incentive Renewable Energy Credit Purchase Agreement with Company and (“Lessor”) dated , 20 (the “REC Agreement”).

  • To the extent that any Credit Purchase Agreement at any time ceases to constitute an Eligible Credit Purchase Agreement, the Seller and the Servicer shall cause such Credit Purchase Agreement to be promptly terminated.

  • Buyers will make payments for Credits received from PENNVEST in accordance with the payment schedule set forth on Exhibit A to the Nutrient Credit Purchase Agreement executed by Buyers and PENNVEST.

  • If the Successful Proposer has indicated that the site from which the credits will be procured is part of an UMBI (“Umbrella Mitigation Banking Instrument”), then the Successful Proposer can use other sites under that UMBI to satisfy the Mitigation Credit Purchase Agreement, subject to the terms of the UMBI.

  • The Seller and the Servicer shall cause any amounts paid by a Credit Purchaser under any Credit Purchase Agreement to be paid directly to a Collection Account owned by the Seller and to be applied as a Collection in accordance with the terms of this Agreement.

  • PG&E has provided a Form of Master Allowance/Offset Credit Purchase Agreement (Appendix D) and a Form of Offset Credit Confirmation (Appendix E).


More Definitions of Credit Purchase Agreement

Credit Purchase Agreement means an agreement for the purchase of goods under which irrespective of the time at which the property in the goods passes or is to pass to the purchaser or to the order of the purchaser the purchase price or any part thereof is paid or payable not before the expiration of six months from the date of the agreement by not less than two instal- ments and under which any of the instal- ments are to be paid after the goods have been delivered to the purchaser and whether any instalments are paid or payable by cash or by cheque, bill of exchange or promissory note payable on demand or otherwise, but does not include—
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Credit Purchase Agreement. The Basic Lease Credit Purchase Agreement executed on the even date with this Agreement between the Toshiba Lessors and the Borrower concerning (i) the credit relating to Toshiba Tranche 1 hereunder and (ii) the claim for performance of guaranty in connection with the credit relating to Toshiba Tranche 1 hereunder based on the Toshiba Guaranty Agreement, and each individual agreement based thereon.
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Credit Purchase Agreement means an agreement for the purchase of goods under which irrespective of the time at which the property in the goods passes or is to pass to the purchaser the purchase price or any part thereof is paid or payable by a number of instalments (not being less than 6 instalments) which are to be paid over a period of not less than 6 months and under which any of the instalments are to be paid after the goods have been delivered to the purchaser and whether such instalments are paid or payable by cash or by cheque, bill of exchange or promissory note payable on demand or otherwise.
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Credit Purchase Agreement means that certain Credit Purchase Agreement .of even date herewith executed by OG&E in favor of Lender in the form of attached Exhibit "B".
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Related to Credit Purchase Agreement

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Asset Purchase Agreement has the meaning set forth in the Recitals.

  • Note Purchase Agreements means (i) that certain Note Purchase Agreement, dated as of April 16, 2014 among the Parent, the Borrower, and the purchasers party thereto, (ii) that certain Note Purchase Agreement, dated as of December 18, 2014 among the Parent, the Borrower, and the purchasers party thereto, and (iii) that certain Note Purchase Agreement, dated as of June 13, 2018, among the Parent, the Borrower, and the purchasers party thereto, in each case as amended from time to time.

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Original Purchase Agreement has the meaning set forth in the recitals to this Agreement.

  • Aircraft Purchase Agreement Has the meaning specified in the NPA.

  • Synthetic Purchase Agreement means any swap, derivative or other agreement or combination of agreements pursuant to which Holdings, the Borrower or any Subsidiary is or may become obligated to make (a) any payment in connection with a purchase by any third party from a person other than Holdings, the Borrower or any Subsidiary of any Equity Interest or Restricted Indebtedness or (b) any payment (other than on account of a permitted purchase by it of any Equity Interest or Restricted Indebtedness) the amount of which is determined by reference to the price or value at any time of any Equity Interest or Restricted Indebtedness; provided that no phantom stock or similar plan providing for payments only to current or former directors, officers or employees of Holdings, the Borrower or the Subsidiaries (or to their heirs or estates) shall be deemed to be a Synthetic Purchase Agreement.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • Additional Purchase Agreement means each Additional Purchase Agreement (including the related Additional Xxxx of Sale, the related Blanket Endorsement and any attachments thereto), substantially in the form of Attachment C hereto (of which these Master Terms form a part by reference, provided that in the event of a substitution, the form will be modified accordingly), to be executed by SLM ECFC, Funding and the Interim Eligible Lender Trustee for the benefit of Funding, which certifies that the representations and warranties made by SLM ECFC as set forth in Sections 5(A) and (B) of these Master Terms are true and correct as of the related Purchase Date.

  • Bond Purchase Agreement means a Bond Purchase Agreement, dated as of the sale of the Series LL- Bonds, entered into by and between KUB and the Underwriter, in substantially the form of the document attached hereto as Exhibit A, subject to such changes as permitted by Section 10 hereof, as approved by the President and Chief Executive Officer of KUB, consistent with the terms of this resolution;

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.

  • Forward Purchase Agreement means an agreement that provides for the sale of equity securities in a private placement that will close substantially concurrently with the consummation of a Business Combination.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Rental-purchase agreement means an agreement for the use of personal property by a lessee primarily for personal, family, or household purposes, for an initial period of 4 months or less that is automatically renewable with each payment after the initial period and that permits the lessee to become the owner of the property. Rental-purchase agreements shall not include any of the following:

  • Purchase Agreement Assignment means the Purchase Agreement and Engine Warranties Assignment [________], dated as of even date with the Participation Agreement, between Lessee and Owner Trustee.

  • Lease-purchase agreement means an agreement for the use of personal property by a natural person primarily for personal, family or household purposes, for an initial period of four months or less that is automatically renewable with each payment after the initial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Securities Purchase Agreement means that certain securities purchase agreement, dated as of the Subscription Date, by and among the Company and the initial holders of the Notes pursuant to which the Company issued the Notes, as may be amended from time to time.

  • Master Purchase Agreement means the master purchase agreement between the Holder and the Corporation dated as of January 30, 2023;

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Initial Purchase Agreement means the Purchase Agreement (including the related Blanket Endorsement, Initial Xxxx of Sale and any attachments thereto) substantially in the form of Attachment A hereto (of which these Master Terms form a part by reference), to be executed by VL Funding, the VL Funding Eligible Lender Trustee on behalf of VL Funding, Funding and the Interim Eligible Lender Trustee on behalf of Funding, which shall certify that the representations and warranties made by VL Funding as set forth in Sections 5(A) and (B) and by the Servicer as set forth in Section 5(C) of these Master Terms are true and correct as of the Closing Date.

  • Series B Purchase Agreement has the meaning set forth in the Recitals.

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.