First Tier Purchaser definition

First Tier Purchaser means BASHC.
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First Tier Purchaser means BASHC. 11 Definitions (BAAT 20[ ]-[ ])
Sample 1

Examples of First Tier Purchaser in a sentence

  • The information set forth in the Schedule of Receivables is true and correct in all material respects, and no selection procedures believed to be adverse to the First Tier Purchaser or its assignees were utilized in selecting such Receivables.

  • BANA is willing to sell, transfer, contribute and assign such portfolio of motor vehicle receivables and related property to the First Tier Purchaser on the terms and conditions set forth in this Agreement.

  • Immediately prior to the sale, transfer, contribution, assignment and conveyance of the Receivables by BANA to the First Tier Purchaser, BANA owned and had good and marketable title to such Receivables free and clear of any Lien and immediately after the sale, transfer, contribution, assignment and conveyance of such Receivable to the First Tier Purchaser, the First Tier Purchaser will have good and marketable title to such Receivable free and clear of any Lien.

  • This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables and the other First Tier Purchased Assets in favor of the First Tier Purchaser, which security interest is prior to all other Liens, and is enforceable as such as against creditors of and purchasers from BANA.

  • No notice to or demand on the First Tier Purchaser or BANA in either case shall entitle it to any notice or demand in similar or other circumstances.

  • No failure or delay on the part of the First Tier Purchaser, BANA, the Issuer or the Indenture Trustee in exercising any power or right hereunder (to the extent such Person has any power or right hereunder) shall operate as a waiver thereof, nor shall any single or partial exercise of any such power or right preclude any other or further exercise thereof or the exercise of any other power or right.

  • BANA makes the representations and warranties set forth on Schedule I with respect to the Receivables listed on the Schedule of Receivables, on which the First Tier Purchaser relies in purchasing such Receivables.

  • The sale, transfer, contribution, assignment and conveyance made hereunder does not constitute and is not intended to result in an assumption by the Third Tier Purchaser of any obligation of the Second Tier Purchaser, the First Tier Purchaser, BANA or any Originator to the Obligors or any other Person in connection with the Receivables listed on the Schedule of Receivables or the other assets and properties conveyed hereunder or any agreement, document or instrument related thereto.

  • Each Receivable was originated by the applicable Originator and was sold by BANA to the First Tier Purchaser without any fraud or misrepresentation on the part of the applicable Originator or BANA.

  • BANA shall deliver (or cause to be delivered) to the First Tier Purchaser file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Related to First Tier Purchaser

  • Power Purchaser means the entity that is purchasing the capacity and energy to be transmitted under the Tariff.

  • Other Purchasers is defined in Section 2.

  • 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.

  • Foreign Purchaser has the meaning assigned thereto in Section 8(d).

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

  • Purchaser Affiliate means any affiliate of the Purchaser, including a transferee who is an affiliate of the Purchaser, and any person who controls the Purchaser or any affiliate of the Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act; and

  • Shareholder-Initiated Transfer Purchase means a transaction that is initiated or directed by a Shareholder that results in a transfer of assets within a Contract to a Fund, but does not include transactions that are executed: (i) automatically pursuant to a contractual or systematic program or enrollment such as transfer of assets within a Contract to a Fund as a result of “dollar cost averaging” programs, insurance company approved asset allocation programs, or automatic rebalancing programs; (ii) pursuant to a Contract death benefit; (iii) one-time step-up in Contract value pursuant to a Contract death benefit; (iv) allocation of assets to a Fund through a Contract as a result of payments such as loan repayments, scheduled contributions, retirement plan salary reduction contributions, or planned premium payments to the Contract; or (v) pre-arranged transfers at the conclusion of a required free look period.

  • Purchaser means the organization purchasing the goods.

  • Eligible Purchaser means an Eligible Dealer or a corporation, partnership or other entity which we have reasonable grounds to believe and do believe can make representations with respect to itself to substantially the same effect as the representations set forth herein; "Eligible Dealer" means any corporation or other entity having as a principal business acting as a broker or dealer in securities.

  • Original Purchaser means the original purchaser of the Bonds designated by the Fiscal Officer in the Certificate of Award.

  • U.S. Purchaser means any purchaser of the Offered Securities that is, or is acting for the account or benefit of, a person in the United States, or any person offered the Offered Securities in the United States.

  • Model 4 seller means a seller that is registered under the agreement and is not a model 1 seller, model 2 seller, or model 3 seller.

  • Noteholder Purchase Notice has the meaning assigned to such term in Section 12.

  • BIDDER/Seller which expression shall mean and include, unless the context otherwise requires, his successors and permitted assigns) of the second part.

  • Bona fide purchaser means a person who in good faith makes a purchase without notice of any outstanding rights of others.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Other Sellers shall have the meaning set forth in Section 10.4.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • First purchaser means the first buyer of a manufactured item that contains ferrous or nonferrous metal in a retail or business-to-business transaction. A person that purchases scrap metal, or other property described in section 10, in violation of this act, or an automotive recycler, pawnshop, scrap metal recycler, or scrap processor is not considered a first purchaser.

  • Receivables Purchase Price means $1,375,000,017.71.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Purchaser Group means, at any time, the group of companies comprised of the Purchasers, the Guarantor and the Guarantor’s subsidiaries at that time.

  • Ultimate purchaser means, with respect to any new motor vehicle or new motor vehicle engine, the first person who in good faith purchases a new motor vehicle or new motor vehicle engine for purposes other than resale.

  • the Seller means the person so described in the Order;

  • Additional Purchasers means purchasers of Additional Notes.

  • Investor means the Buyer, any transferee or assignee thereof to whom a Buyer assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement, and any transferee or assignee thereof to whom a transferee or assignee assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement.