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Eligible Originator definition

Eligible Originator means (i) each of the Sellers and their respective successors and assigns, (ii) any of their Affiliates, including the Bank or (iii) any other originator or acquirer of Receivables that is a party to a Receivables Purchase Agreement, provided that, with respect to clauses (ii) and (iii), the Transferor shall have met the Rating Agency Condition and shall have delivered such notice(s) of compliance with such Rating Agency Condition to the Trustee and the Servicer.
Eligible Originator means any of (a) Quest Diagnostics, (b) Quest Diagnostics Incorporated a Michigan corporation, Quest Diagnostics Incorporated, a Maryland corporation, Quest Diagnostics Incorporated, a California corporation, Quest Diagnostics LLC, a Connecticut limited liability company, Quest Diagnostics LLC, a Massachusetts limited liability company, Quest Diagnostics of Pennsylvania Inc., a Delaware corporation, MetWest Inc., a Delaware corporation, Quest Diagnostic Clinical Laboratories Inc., a Delaware corporation, Quest Diagnostics LLC, an Illinois limited liability company, Unilab Corporation, a Delaware corporation, Quest Diagnostics Xxxxxxx Institute, Inc., a Virginia corporation formerly known as Medical Laboratories Corporation, Inc., Quest Diagnostics Incorporated, a Nevada corporation formerly known as APL Healthcare Group, Inc., and (c) each of the other direct or indirect, wholly-owned Subsidiaries of Quest Diagnostics who (with the consent of the Co-Agents if such Subsidiary constitutes a Material Proposed Addition) becomes a “seller” party to the Sale Agreement by executing a Joinder Agreement and complying with the conditions set forth in Article V of the Sale Agreement.
Eligible Originator means (a) BSX, and (b) any wholly-owned domestic Subsidiary of BSX that is approved by each of the Co-Agents in accordance with Section 1.9.

Examples of Eligible Originator in a sentence

  • No Agent-Related Person shall be under any obligation to any Lender or any Bank Investor to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Loan Agreement or any other Operative Document, or to inspect the properties, books or records of the Borrower, any Eligible Originator, the Originator, the Depositor or the Master Servicer or any of their respective Affiliates.

  • The foregoing transfer, assignment, set-over and conveyance does not constitute and is not intended to result in a creation or an assumption by the Trust, the Trustee or any Certificateholder of any obligation of the Servicer, the Transferor, any Seller, any Eligible Originator or any other Person in connection with the Accounts, the Receivables or under any agreement or instrument relating thereto including, without limitation, any obligation to any Obligors, merchant service establishments or insurers.

  • The Borrower shall notify the Agent when the Borrower receives notice or has actual knowledge of the occurrence of any event of default or event, which, due to the giving of notice or lapse of time, or both, could become an event of default by itself, the Master Servicer, the Back-up Servicer, the Depositor, any Eligible Originator or the Originator in any capacity under any of the Operative Documents of which it becomes aware.

  • The Bank Investors acknowledge that, pursuant to such activities, Bank of America and Calyon or their Affiliates may receive information regarding the Borrower, the Originator, the Master Servicer, each Eligible Originator, the Depositor or their respective Affiliates (including information that may be subject to confidentiality obligations in favor of such Person) and acknowledge that the Managing Agents shall be under no obligation to provide such information to them.

  • The Pledgors hereby assign to the Agent, on behalf of the Company and the Bank Investors, all of their rights and remedies under the Receivables Purchase Agreement with respect to the Receivables and with respect to any obligations thereunder of the Seller or any Eligible Originator with respect to the Receivables.


More Definitions of Eligible Originator

Eligible Originator means an Originator with respect to which no Purchase Termination Event has occurred and is continuing.
Eligible Originator. Any direct or indirect wholly-owned Subsidiary of Cadmus with respect to which the Agent has received satisfactory opinions of counsel (i) concerning the existence of a "true sale" of the Receivables and the proceeds thereof from such Originator to the Seller under the Sale Agreement; (ii) concerning the inapplicability of the doctrine of substantive consolidation of the Seller and in connection with any bankruptcy proceeding involving such Originator, (iii) to the effect that the Seller has obtained a valid and perfected ownership or security interest in such Originator's Receivables and the Agent is satisfied that such Originator's Receivables are subject to no other Liens of record, except as otherwise permitted under the Transaction Documents and (iv) as to enforceability of the Transaction Documents against such Originator, corporate matters and such other matters as the Agent may reasonably request.
Eligible Originator means an Originator with respect to which (a) no Purchase Termination Event has occurred and is continuing and (b) with respect to Direct Energy Business, LLC, the following conditions have been satisfied, (i) such Originator is registered on the CCS billing platform, (ii) historical portfolio data for such Originator has been received by the Administrative Agent and (iii) each Facility Agent has received at least five (5) Business Daysprior notice that such Originator has satisfied all conditions in this definition.
Eligible Originator means (i) Parent, (ii) Equifax Information Services LLC, a Georgia limited liability company, (iii) Equifax Direct Marketing Solutions LLC, a Georgia limited liability company, and (iv) each other Subsidiary that is directly or indirectly wholly-owned by Parent to which the Administrative Agent gives its written approval.
Eligible Originator means an Originator with respect to which no Purchase Termination Event has occurred and is continuing. “Eligible Receivable” means, at any time, a Receivable:
Eligible Originator means (i) each Existing Originator, (ii) each New Originator in respect of which the Initial Sale Date for such New Originator has occurred following the satisfaction of the conditions precedent set forth in Section 3.03 of the Sale Agreement and (iii) any other Originator designated in a written agreement among the Seller, the Administrative Agent and the Requisite Purchasers as an “Eligible Originator”.
Eligible Originator means Federal-Mogul and each other Originator at any time while it is wholly-owned by Federal-Mogul; provided, however, any such Person shall not be an Eligible Originator (i) upon the occurrence of an Insolvency Event with respect to such Person, or (ii) such Person is not on the credit and accounts receivable management system and has not been audited by the Agent on or prior to March 31, 2000.