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 an Originator with respect to which no Purchase Termination Event has occurred and is continuing.

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 Bank Investors acknowledge that, pursuant to such activities, Bank of America or its 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 Agent shall be under no obligation to provide such information to them.

• No Agent-Related Person shall be under any obligation to the 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, the Master Servicer, the Back-up Servicer or any of their respective Affiliates.

• The Borrower shall notify the Agent and the Surety Provider 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 Depositor, any Eligible Originator or the Originator in any capacity under any of the Operative Documents of which it becomes aware.

• The Borrower shall deliver to each Managing Agent and the Agent (i) a copy of all financial documents and reports provided to the Borrower by the Depositor, the Originator, any Eligible Originator or any other Person in any capacity pursuant to the Operative Documents, (ii) any material notices with respect to any Mortgaged Property and (iii) such other information (including non-financial information) as any Managing Agent, the Agent or the Surety Provider may from time to time reasonably request.

More Definitions of Eligible Originator

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.

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. 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 Days’ prior notice that such Originator has satisfied all conditions in this definition.

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 any of (a) Quest Diagnostics, (b) Quest Diagnostics Incorporated a Michigan corporation, Quest Diagnostics Incorporated, an Ohio corporation, Quest Diagnostics Incorporated, a Maryland corporation, Quest Diagnostics Incorporated, a California corporation, Quest Diagnostics Incorporated, a Connecticut corporation, Quest Diagnostics Incorporated, a Massachusetts corporation, Quest Diagnostics of Pennsylvania Incorporated, a Delaware corporation, Metwest Inc., a Delaware corporation, Quest Diagnostic Clinical Laboratories Inc., a Delaware corporation, Quest Diagnostics LLC, an Illinois limited liability company, 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 Person (i) which at the time of first becoming an Originator under this Agreement is a nationally chartered federally insured financial institution with the capacity to originate, in compliance with all applicable law, Contracts with Obligors located in any State of the United States, (ii) as to which, if requested by the Agent at the time such Originator is identified in the Borrower's notice to the Agent as a new or additional Originator hereunder, an opinion from Hxxxxx Cxxx or other legal counsel to the Borrower reasonably acceptable to the Agent shall have been delivered addressed to the Agent and the Lender, confirming substantially the same substantive legal conclusions as in the original opinion of Hxxxxx Cxxx delivered at or prior to the initial Borrowing Date hereunder, and (iii) as to whom no Purchase Termination Event is in effect.