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 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.
Sample 1
First Tier Purchase Agreement means the First Tier Purchase Agreement dated as of the date hereof by and between Borrower and the Originator, as amended, modified or supplemented from time to time pursuant to the terms thereof, relating to the purchase and sale of the Receivables by the Originator to Borrower.
Sample 1

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.

  • 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.

  • 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 and each Originator, as applicable.

  • The information with respect to the Receivables set forth in the Schedule of Receivables is true and correct in all material respects as of the close of business on each applicable Cutoff Date, and the Receivables satisfy the eligibility criteria specified in Section 3.2(b) of the First Tier Purchase Agreement.

  • 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.

  • The sale, transfer, assignment and conveyance contemplated by the First Tier Purchase Agreement are not subject to and will not result in any tax, fee or governmental charge payable by the Originator to any federal, state or local government ("Transfer Taxes") other than Transfer Taxes which have been or will be paid by the Originator as due.

  • 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.

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


More Definitions of First Tier Purchase Agreement

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.
Sample 1

Related to First Tier Purchase Agreement

  • 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.

  • Series B Purchase Agreement means that certain Series B Preferred Stock Purchase Agreement of Company, dated on or about the Effective Date.

  • 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.

  • Lease-purchase agreement means an agreement for the use of personal property by an individual for personal, family or household purposes, for an initial period of four months or less, that is automatically renewable with each payment after the ini- tial 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.

  • Synthetic Purchase Agreement means any swap, derivative or other agreement or combination of agreements pursuant to which 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 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 the Borrower or the Subsidiaries (or to their heirs or estates) shall be deemed to be a Synthetic Purchase Agreement.

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