Examples of Dutch Originators in a sentence
The Dutch Originators wish to sell from time to time and the European Receivables Warehouse Company wishes to purchase from time to time Dutch Receivables and Ancillary Rights relating thereto, on the terms and subject to the conditions set out in this Agreement.
Neither the Option hereunder nor any rights or benefits of Optionee under this Option Agreement shall be transferable by Optionee otherwise than by Optionee's will or by the laws of descent and distribution.
On such payment, the relevant Selected Dutch Receivables together with the benefit of all Ancillary Rights related thereto shall be assigned and transferred to the Selected Dutch Originators.
Each of the Dutch Originators shall, within 3 Business Days of each Calculation Date, deliver to the European Receivables Warehouse Company, the European Master Purchaser and the Security Agent a Dutch Originator Solvency Certificate in the form set out in Schedule 3 and dated that Calculation Date.
None of the European Receivables Warehouse Company, the European Master Purchaser, the Security Agent, any Xxxxxxxx European Note Purchaser and any Subordinated Xxxxxxxx European Note Purchaser shall be obliged to disclose any information regarding its tax affairs or computations to the Dutch Originators.
Upon and subject to the terms of the Dutch Master Receivables Purchase Agreement, the Dutch Originators have sold and the European Receivables Warehouse Company has purchased certain Dutch Receivables originated by the Dutch Originators (the Dutch Receivables).
Consideration: The consideration payable by the Selected Dutch Originators to the European Receivables Warehouse Company in respect of the purchase of the benefit of the Selected Dutch Receivables shall (subject to the provisions below) be the Euro Re-purchase Price, which shall be payable in accordance with Clause 5.
The Selected Dutch Originators shall not be entitled to off-set against the Euro Re-purchase Price or any part of it any stamp duty (or any other similar tax or duty on documents or the transfer of title to property) on any assignment of any Selected Dutch Receivable which has not been paid by the European Receivables Warehouse Company.
The European Receivables Warehouse Company and the Selected Dutch Originators agree that in the event that any amounts are received from an Obligor in respect of any Selected Dutch Receivable between the date on which the Invoices File in respect thereof was delivered to the Selected Dutch Originators pursuant to Clause 2 and the Termination Date in respect thereof, such amounts will be for the account of the Selected Dutch Originators.
Whenever any amount is due, owing or payable to any of the Dutch Originators under or in connection with this Agreement, payment of such sum in cleared funds into the relevant Dutch Originator’s bank account shall constitute a complete discharge of the obligation to pay such amounts.