Examples of Eligible Obligors in a sentence
Notwithstanding the foregoing, in no event shall Indemnified Amounts include any amounts unpaid, paid over or repaid to any Person with respect to any Receivables as a result of the financial inability of an Eligible Obligor, or the uncollectability of the underlying Receivable as a result of the Eligible Obligor's creditworthiness.
Agent and Buyers acknowledge that Seller acts as servicer with respect to certain Receivables of Eligible Obligors originated and owned by Monsanto Company (“Monsanto Receivables”) pursuant to the Monsanto Agreement, and that in addition to depositing payments in respect of Receivables originated by Seller, certain Eligible Obligors will be depositing amounts into the applicable Collection Accounts representing payments in respect of such Monsanto Receivables (such amounts, “Monsanto Collections”).
The Borrower shall use its reasonable commercial efforts, consistent with its obligations of confidentiality, to provide such information concerning the New Eligible Obligors and their contractual relations with the Transferor as the Agent may reasonably request.
Seller agrees to assist the Purchaser -------------------- in obtaining financial and other information with respect to Eligible Obligors.
These purchase orders shall be from Eligible Obligors for work to be performed by Seller for which Obligor will pay Seller according to the terms listed in the purchase order (“Purchase Order”).
Borrower will use its reasonable commercial efforts to provide such information concerning the New Eligible Obligors and their contractual relations with Borrower as the Lender may reasonably request.
Without limiting the foregoing, the Collateral Manager or any of its Affiliates may engage in any other business and may furnish investment management and advisory services to others, including Persons that may have investment policies similar to those followed by the Collateral Manager with respect to the Borrower, and who may own securities and other instruments of the same class, or which are of the same type, as the Collateral Obligations or other securities issued by Eligible Obligors.
The Seller will instruct all its Eligible Obligors to remit all their payments in respect of Receivables outstanding on the Closing Date or originated after the Closing Date (or, in the case of VC, in respect of Receivables outstanding on the Second Closing Date or originated after the Second Closing Date) to the relevant Deposit Accounts of such Seller (being, in the case of the Portuguese Seller, the Master Purchaser Portuguese Deposit Accounts or, in the case of VC, the Deposit Account(s) of VEC).
The Principal Servicer will continue, not less often than every month, to so notify those Eligible Obligors who have failed to make payments to one of the Collection Banks.
Santander may hire one or several private insurance provider(s) to underwrite and provide insurance with respect to payment defaults on some or all of the Eligible Obligors.