DT Entity definition

DT Entity means, individually, DTAC, DTAG, DTCC, DTCS and DTSFC; “DT Entities” means such Persons collectively.

DT Entity means the Borrower, DTCC and DTAC and, prior to a Decoupling Event, DTAG.

DT Entity. Any of the Borrower, the Servicer, DTAG, DTAC and each wholly-owned Subsidiary of any of them, including without limitation, DTCS. Eligible Assignee: (i) Xxxxx Fargo Bank, N.A. or any of its Affiliates, or (ii) a Person either (x) whose short-term rating is at least “A-1” from Standard & Poor’s and “P-1” from Moody’s, or whose obligations under this Agreement are guaranteed by a Person whose short-term rating is at least “A-1” from Standard & Poor’s and “P-1” from Moody’s or (y) who is satisfactory to the Administrative Agent, subject, in the case of any Person chosen pursuant to clause (ii), to the prior written consent of the Borrower (which consent shall not be unreasonably withheld or delayed).

Examples of DT Entity in a sentence

• No DT Entity has granted any Person, other than Xxxxx Fargo Bank, National Association under the Master Agency Agreement, “control” (within the meaning of Section 9-102 of any applicable enactment of the UCC) of any Depository Account or the right to take control of any Depository Account at a future time or upon the occurrence of a future event.

• Take all reasonable steps (including, without limitation, all steps that the Program Agent or any Managing Agent may from time to time reasonably request) to maintain the Borrower’s identity as a separate legal entity from each DT Entity and their Affiliates and to make it manifest to third parties that the Borrower is an entity with assets and liabilities distinct from those of the DT Entities and each other Affiliate thereof.

• Each Managing Agent and the Program Agent and their respective Affiliates may engage in any kind of business with the Borrower, any DT Entity or any Contract Debtor, any of their respective Affiliates and any Person who may do business with or own securities of Borrower, any DT Entity or any Contract Debtor or any of their respective Affiliates, all as if such Persons were not Managing Agents and/or Program Agent and without any duty to account therefor to any Lender.

• There is no action pending or threatened by any creditor of any DT Entity against any collateral for any Indebtedness of any DT Entity.

• Promptly and in no event more than one Business Day after any Responsible Officer of the Borrower obtains knowledge of any downgrade or withdrawal of the Debt Rating of any DT Entity, notice of such downgrade or withdrawal of such Debt Rating.

• Take all reasonable steps (including, without limitation, all steps that the Lender may from time to time reasonably request) to maintain the Borrower’s identity as a separate legal entity from each DT Entity and their Affiliates and to make it manifest to third parties that the Borrower is an entity with assets and liabilities distinct from those of the DT Entities and each other Affiliate thereof.

• Notwithstanding anything to the contrary herein, no DT Entity shall have any obligation under this Section 11.15 with respect to any information that (x) was within any DT Entity’s possession or furnished to any DT Entity prior to its being furnished pursuant hereto, (y) is or becomes available to any DT Entity by means other than pursuant to a requirement of this Agreement, or (z) any DT Entity has any right to receive, other than or in addition to any such right under this Agreement.

• Notwithstanding anything to the contrary in the Indenture or in this Agreement, in case of any Change of Control Triggering Event based upon a Change of Control that is a Specified Change of Control, DT will not, nor will it permit any DT Entity to, tender any DT Notes into the related Change of Control Offer.

• Promptly and in no event more than two (2) Business Days after receipt by any DT Entity, copies of any notice of breach, default, acceleration or mandatory prepayment (or similar notice) received by any DT Entity from any holder of any Indebtedness (or agent on behalf of one or more such holders) under the Indenture, the Subordinated Loan Agreement, any Warehouse Facility, the Master Repurchase Agreement or the Inventory Facility.

• If a DT Entity transfers any DT Notes to any third party after the earlier of the first public announcement or consummation of a transaction that constitutes a Specified Change of Control, and before the Change of Control Offer that the Company is required to make in connection therewith expires, DT shall cause, and shall cause each other applicable DT Entity to cause, the transferee of such DT Notes to agree that it will not tender any such DT Notes to the Company in such Change of Control Offer.