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.
Sample 1Sample 2Sample 3
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.
Sample 1
First Tier Purchase Agreement means (i) each First Tier Purchase Agreement, dated as of the Closing Date or the Fourth Amendment Closing Date (, as applicable, between each applicable Originator (other than a Bank Originator and Regional Finance Corporation of North Carolina) and Regional Management, each of which related to sales of Receivables occurring prior to the Sixth Amendment Closing Date, (ii) the First Tier North Carolina Purchase Agreement and 21
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.

  • 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 (i) each First Tier Purchase Agreement, dated as of the Closing Date or the Fourth Amendment Closing Date, as applicable, between each applicable Originator (other than a Bank Originator and Regional Finance Corporation of North Carolina) and Regional Management, each of which related to sales of Receivables occurring prior to the Sixth Amendment Closing Date, (ii) the First Tier North Carolina Purchase Agreement and (iii) that certain Master First Tier Purchase Agreement, dated as of the Sixth Amendment Closing Date, between each applicable Originator (other than a Bank Originator) and Regional Management, which governs sales of Receivables occurring on or following the Sixth Amendment Closing Date, in each case, as amended, restated, supplemented or otherwise modified from time to time.
Sample 1
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 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

  • 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.

  • 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.

  • 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.

  • 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.

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