Finance SPE definition

Finance SPE means (a) any Receivables SPE and (b) any Subsidiary that (i) is a special purpose financing vehicle, (ii) was created solely for the purpose of facilitating the incurrence of Indebtedness or issuance of Equity Interests by Holdings or any Subsidiary, (iii) has no business other than the facilitation of such incurrence or issuance and activities incidental thereto and (iv) is capitalized with an amount not materially more than the cash proceeds received by such Finance SPE from such transaction.

Finance SPE means (a) any Receivables SPE and (b) any Subsidiary that (i) is a special purpose financing vehicle, (ii) was created solely for the purpose of facilitating the incurrences of Debt or issuances of Equity Interests by the Company or any Subsidiary, (iii) has no business other than the facilitation of such incurrence or issuance and activities incidental thereto and (iv) is capitalized with an amount not materially more than the cash proceeds received by such Finance SPE from such transaction, provided that such transaction does not constitute or create Debt secured by a Lien that is prohibited by Section 5.02(a).

Finance SPE means (a) any Receivables SPE and (b) any Subsidiary that (i) is a special purpose financing vehicle, (ii) was created solely for the purpose of facilitating the incurrences of Indebtedness or issuances of Capital Stock by the Issuer or any Subsidiary, (iii) has no business other than the facilitation of such incurrence or issuance and activities incidental thereto and (iv) is capitalized with an amount not materially more than the cash proceeds received by such Finance SPE from such transaction.

Examples of Finance SPE in a sentence

• The merging firms therefore claimed that the acquisition would bring about considerable synergies, mainly related to cost reduction and product improvement by means of the technology transfer from Pains.The Secretariat for Economic Policy of the Ministry of Finance (SPE) issued a technical opinion that was favourable to the acquisition.12 SDE, on the other hand, recommended only partial approval of the deal.

• The second amended complaint excludes the claims previously brought against the dismissed defendants – Fortress and Fair Finance SPE – and includes a few additional allegations within the same four claims for relief.

• The dismissal of Fair Finance SPE completed the dismissal of all claims and all parties, thereby making the 2012 dismissal of Textron a final appealable order.

• At the time of the merger, the Secretariat for Economic Policy of the Ministry of Finance (SPE) had the legal powers that currently rest with SEAE.

• Fortress argues that these are “general” allegations and that the Trustee himself conceded that all payments made to Fortress were made by Fair Finance SPE.

• Moreover, the Complaint alleges that the debtor received the loan funds directly from Fortress and that the debtor cleared with Fortress which accounts the debtor should purchase from the market and transfer to Fair Finance SPE.

• Note that since impatient period 1 farmers will not save in any case, it is not necessary that they believe they will be more patient in the future than they are in the present for this procrastination problem to arise.

• Loan funds borrowed from Fortress were “directly routed to a Debtor-owned account for use by Durham in furtherance of the Ponzi scheme.” (Id. at 607.) Fair Finance created Fair Finance SPE only after Fortress declined to consider making the debtor a direct loan.

• Here, the Trustee alleges that Fair Finance SPE had no employees of its own.

• The Manager has never made any redemption charge and it is not the Manager’s present intention to make any charge on redemption of units in any of the Trusts.

More Definitions of Finance SPE

Finance SPE means (a) any Receivables SPE and (b) any Subsidiary that (i) is a special purpose financing vehicle, (ii) was created solely for the purpose of facilitating the incurrence of Capital Markets Debt by any Xerox Company or any Equity Issuance by any Xerox Company (including the issuance of any Trust Preferred Securities), (iii) has no business other than the facilitation of such incurrence or issuance and activities incidental thereto and (iv) is capitalized with no more than an amount equal to the cash proceeds received by such Finance SPE from such transaction, provided that such transaction does not constitute or create indebtedness secured by a Lien that is not permitted by Section 6.01.

Finance SPE means (a) any Receivables SPE and (b) any Subsidiary that (i) is a special purpose financing vehicle,(ii) was created solely for the purpose of facilitating the incurrences of Debt or issuances of Equity Interests by the Company or any Subsidiary, (iii) has no business other than the facilitation of such incurrence or issuance and activities incidental thereto and (iv) is capitalized with an amount not materially more than the cash proceeds received by such Finance SPE from such transaction, provided that such transaction does not constitute or create Debt secured by a Lien that is prohibited by Section 5.02(a).