Examples of French Originator in a sentence
The Dutch Originator and the French Originator each agrees that it will comply with the transparency requirements to the extent applicable to it under the Securitisation Regulation Rules.
The French Originator and the Assignee hereby agree that, unless otherwise required by applicable law or unless an Obligor designates that a payment be applied to a specific Eligible Receivable, all Collections from an Obligor shall be applied to the oldest Receivables of such Obligor.
The French Originator will defend the right, title and interest of the Assignee, Agent and the Purchaser in, to and under any of the foregoing property, against all claims of third parties claiming through and under it or the Assignee.
Delivery of a Global Letter of Offer by the French Originator in the manner described in this Clause 4.2 (a) shall constitute due execution of such Global Letter of Offer for the purposes of this Agreement.
Therefore, from and after the date hereof, the French Originator shall take all reasonable steps necessary to make it apparent to third Persons that the Assignee is an entity with assets and liabilities distinct from those of the French Originator and any other Person, and is not a division of the French Originator, its Affiliates or any other Person.
The French Originator shall not account for or treat (whether in financial statements or otherwise) the transactions contemplated hereby in any manner other than as sales of the Receivables and Related Rights by it to the Assignee.
On the terms and subject to the conditions set forth in this Agreement, the Assignee agrees to pay to the French Originator the Purchase Price for each purchase to be made hereunder as soon as reasonably practicable upon receipt the relevant Global Letter of Offer, by delivery of immediately available funds subject however to any set off authorized under Article 16.6 of this Agreement.
This Agreement shall be binding upon and inure to the benefit of the Assignee and the French Originator and their respective successors and permitted assigns.
The French Originator will not deposit or otherwise credit, or cause or permit to be so deposited or credited, to any French Collection Account, cash or cash proceeds other than Collections of Pool Receivables, unless each holder of a Lien or ownership interest in such cash or cash proceeds is a party to the Intercreditor Agreement.
By no later than [6:00 p.m.] (and in any case, after the purchase of Eligible Receivables for Purchase that are French Receivables has occurred under the Factoring Agreement between the Seller and the French Originator) on the relevant French Purchase Date, the Purchaser shall affix the date on the said transfer document (acte de cession de créances).