First Tier Purchase Agreement definition

First Tier Purchase Agreement means each First Tier Purchase Agreement, dated as of the Closing Date, between an Originator and Regional Management.
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First Tier Purchase Agreement means the First Tier Purchase Agreement, ----------------------------- dated as of June 23, 2000, by and among Xxxxx and the other Originators, as such First Tier Purchase Agreement may be amended, supplemented or otherwise modified from time to time with the prior written consent of the Administrator.
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First Tier Purchase Agreement means the First Tier Purchase Agreement, dated as of June 23, 2000, by and among The Dixix Xxxup, Inc. and the other Originators, as such First Tier Purchase Agreement may be amended, supplemented or otherwise modified from time to time.
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Examples of First Tier Purchase Agreement in a sentence

  • The Borrower will, at its expense, timely and fully perform and comply (or cause (i) Regional Management to perform and comply pursuant to this Agreement and other Basic Documents to which Regional Management is a party or (ii) each Originator to perform and comply pursuant to the related First Tier Purchase Agreement) with all provisions, covenants and other promises required to be observed by it under the Basic Documents and the Contracts.

  • The Borrower will, at its expense, timely and fully perform and comply (or cause (i) Regional Management to perform and comply pursuant to this Agreement and other Basic Documents to which Regional Management is a party or (ii) each Originator to perform and comply pursuant to the related First Tier Purchase Agreement) with all provisions, covenants and other promises required to be observed by it under the Basic Documents and the Receivables.

  • The Borrower will, at its expense, timely and fully perform and comply (or cause (i) Regional Management to perform and comply pursuant to this Agreement and other Basic Documents to which Regional Management is a party or (ii) each Originator to perform and comply pursuant to the related First Tier Purchase Agreement or the First Tier Master Purchase Agreement, as applicable) with all provisions, covenants and other promises required to be observed by it under the Basic Documents and the Contracts.

  • Fundings shall be used by the Borrower to fund the acquisition of, and the assumption and payment (in whole or part) by the Borrower of indebtedness relating to, Receivables sold by the Originator to the Borrower from time to time pursuant to the First Tier Purchase Agreement.

  • Immediately after the transfers and conveyances to the Borrower as contemplated in the First Tier Purchase Agreement, all necessary action will have been taken by the Originator to validly convey to the Borrower (A) all right, title and interest of the Originator in and to each Receivable and all Scheduled Payments to become due thereunder and (B) all right, title and interest of the Originator in and to the related Equipment.

  • The Servicer shall also enforce (A) all rights of the Borrower under the Second Tier Purchase Agreement, including the right to require Regional Management to repurchase Receivables for breaches of its representations and warranties, and (B) its rights under the First Tier Purchase Agreement, including the right to require each related Originator to repurchase Receivables for breaches of its representations and warranties.

  • Each Receivable has been contributed or sold by the Originator to the Borrower pursuant to the First Tier Purchase Agreement.

  • Each Receivable being acquired by the Borrower is identical in form to one of the forms of Receivables attached to the First Tier Purchase Agreement as Exhibit B and to this Agreement as Exhibit F, except for immaterial modifications or deviations from the form of Receivables which will not have a material adverse effect on any of the Secured Parties and will not reduce the Scheduled Payments or other payments due under the Receivables.

  • Immediately prior to the Closing Date, the Originator will have possession of and the right to convey each original Receivable, and, immediately prior to the Originator's execution and delivery of the First Tier Purchase Agreement, there will be no custodial agreements in effect and adversely affecting the rights of the Originator to make, or cause to be made, any delivery required hereunder.

  • The Seller hereby acknowledges, consents and agrees that, subsequent to such assignments, the rights and remedies of the Purchaser (as provided herein) and of the Seller (as provided in the First Tier Purchase Agreement) may be exercised directly by the Trustee (on behalf of the Trust) against the Seller (in accordance with the terms hereof) and against each Originator (pursuant to the terms of the First Tier Purchase Agreement), as applicable.


More Definitions of First Tier Purchase Agreement

First Tier Purchase Agreement means the First Tier Purchase Agreement dated as of December 30, 1998 between the Originator and the Borrower, as the same may be amended or supplemented from time to time in accordance with the terms thereof.
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Related to First Tier Purchase Agreement

  • Master Purchase Agreement means the master purchase agreement between the Holder and the Corporation dated as of January 30, 2023;

  • Power Purchase Agreement or "PPA"" shall mean this Power Purchase Agreement including its recitals and Schedules, amended or modified from time to time in accordance with the terms hereof.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Series B Purchase Agreement has the meaning set forth in the Recitals.

  • Additional Purchase Agreement means each Additional Purchase Agreement (including the related Additional Xxxx of Sale, the related Blanket Endorsement and any attachments thereto), substantially in the form of Attachment C hereto (of which these Master Terms form a part by reference, provided that in the event of a substitution, the form will be modified accordingly), to be executed by SLM ECFC, Funding and the Interim Eligible Lender Trustee for the benefit of Funding, which certifies that the representations and warranties made by SLM ECFC as set forth in Sections 5(A) and (B) of these Master Terms are true and correct as of the related Purchase Date.

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • Note Purchase Agreements means (i) that certain Note Purchase Agreement, dated as of April 16, 2014 among the Parent, the Borrower, and the purchasers party thereto, (ii) that certain Note Purchase Agreement, dated as of December 18, 2014 among the Parent, the Borrower, and the purchasers party thereto, and (iii) that certain Note Purchase Agreement, dated as of June 13, 2018, among the Parent, the Borrower, and the purchasers party thereto, in each case as amended from time to time.

  • Original Purchase Agreement has the meaning set forth in the recitals to this Agreement.

  • Purchase Agreements has the meaning set forth in the Recitals.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Lease-purchase agreement means an agreement for the use of personal property by a natural person primarily for personal, family or household purposes, for an initial period of four months or less that is automatically renewable with each payment after the initial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Synthetic Purchase Agreement means any swap, derivative or other agreement or combination of agreements pursuant to which Holdings, the Borrower or any Subsidiary is or may become obligated to make (a) any payment in connection with a purchase by any third party from a person other than Holdings, the Borrower or any Subsidiary of any Equity Interest or Restricted Indebtedness or (b) any payment (other than on account of a permitted purchase by it of any Equity Interest or Restricted Indebtedness) the amount of which is determined by reference to the price or value at any time of any Equity Interest or Restricted Indebtedness; provided that no phantom stock or similar plan providing for payments only to current or former directors, officers or employees of Holdings, the Borrower or the Subsidiaries (or to their heirs or estates) shall be deemed to be a Synthetic Purchase Agreement.

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • Purchase Agreement shall have the meaning set forth in the preamble.

  • Asset Purchase Agreement has the meaning set forth in the Recitals.

  • Purchase Agreement Assignment means the Purchase Agreement and Engine Warranties Assignment [________], dated as of even date with the Participation Agreement, between Lessee and Owner Trustee.

  • Forward Purchase Agreement means an agreement that provides for the sale of equity securities in a private placement that will close substantially concurrently with the consummation of a Business Combination.

  • Initial Purchase Agreement means the Purchase Agreement (including the related Blanket Endorsement, Initial Xxxx of Sale and any attachments thereto) substantially in the form of Attachment A hereto (of which these Master Terms form a part by reference), to be executed by VL Funding, the VL Funding Eligible Lender Trustee on behalf of VL Funding, Funding and the Interim Eligible Lender Trustee on behalf of Funding, which shall certify that the representations and warranties made by VL Funding as set forth in Sections 5(A) and (B) and by the Servicer as set forth in Section 5(C) of these Master Terms are true and correct as of the Closing Date.

  • Stock Purchase Agreements the meaning set forth in the recitals to this Agreement.