Funding Issuer definition

Funding Issuer means a wholly-owned subsidiary of Funding, which is established to issue Notes and to make a Funding Intercompany Loan to Funding;
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Funding Issuer shall have the meaning set forth in Section 12.27 hereof.
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Examples of Funding Issuer in a sentence

  • In administering the Mortgages Trustee Transaction Account, the Mortgages Trustee GIC Account, the Funding Transaction Account, the Funding GIC Account and any Funding (Issuer) GIC Account on behalf of the Mortgages Trustee, Funding and the Security Trustee, as applicable, the Cash Manager shall comply with the provisions of Schedule 2 hereto prior to receipt by the Cash Manager of a copy of any Intercompany Loan Enforcement Notice served by the Security Trustee on Funding.

  • Each of the Cash Manager and Funding undertakes that, so far as it is able to procure the same, any Funding (Issuer) GIC Account and all instructions and Mandates in relation thereto will continue to be operative and will not, save as provided in Clause 4.6 herein (Cash Management) or as permitted pursuant to the related Funding (Issuer) Bank Account Agreement, be changed without the prior written consent of the Security Trustee (such consent not to be unreasonably withheld or delayed).

  • For the avoidance of doubt, the Cash Manager may change the Authorised Signatories in respect of any instructions or Mandates relating to Funding and/or the Mortgages Trustee, without the prior written consent of the Security Trustee, in accordance with Clause 4.2 (Amendment or Revocation) of the Bank Account Agreement or any Funding (Issuer) Bank Account Agreement, as the case may be.

  • As such, each Group Funding Issuer is entirely dependent upon receipt of funds received from Places for People Homes Limited or the relevant Guarantor(s) in order to fulfil its respective obligations under the Notes.

  • Each Group Funding Issuer, and therefore payments by such Group Funding Issuer to the Noteholders in respect of the Notes, will be subject to the credit risk of Places for People Homes Limited (where Places for People Capital Markets plc is the relevant Issuer) and the relevant Guarantor(s) that borrow from Places for People Treasury plc and therefore guarantee Places for People Treasury plc's debt (where Places for People Treasury plc is the relevant Issuer).

  • Delays in the receipt of payments due from Places for People Homes Limited or the relevant Guarantor(s) (as applicable) under its internal loan agreement(s) could adversely affect the ability of the relevant Group Funding Issuer to fulfil its obligations under the Notes.

  • Any amount payable as a contribution under this Indenture shall be determined as of the date on which the related payment is made by a Funding Issuer.

  • Places for People Treasury plc (the Group Funding Issuer) is a special purpose financial entity with no business operations other than the incurrence of financial indebtedness, including the issuance of Notes, and on-lending the proceeds thereof to or for the benefit of any Guarantor (subject to certain limited exceptions).

  • The Group Funding Issuer will be subject to the risk of delays in the receipt, or risk of defaults in the making, of payments due from the relevant Guarantor(s) under the loan agreements entered into between the Group Funding Issuer and the relevant Guarantor(s) in respect of the proceeds of the Notes.

  • The Group Funding Issuer, and therefore payments by the Group Funding Issuer to the Noteholders in respect of the Notes, will be subject to the credit risk of the relevant Guarantor(s) that borrow from Places for People Treasury plc and therefore guarantee Places for People Treasury plc's debt.

Related to Funding Issuer

  • qualifying issuer means a reporting issuer in a jurisdiction of Canada that

  • Outstanding Issue means the number of Shares that are outstanding (on a non-diluted basis) immediately prior to the Share issuance or grant of Option in question.

  • Underlying Issuer means a third Person which is the beneficiary of an L/C Undertaking and which has issued a letter of credit at the request of the Issuing Lender for the benefit of Borrowers.

  • Resulting Issuer means the issuer that was formerly a CPC that exists upon issuance of the Final Exchange Bulletin.

  • reporting issuer shall have the meaning set forth in Section 6.2.

  • Farm Credit Lender means a lending institution organized and existing pursuant to the provisions of the Farm Credit Act of 1971 and under the regulation of the Farm Credit Administration.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Resulting Issuer Shares means the common shares in the capital of the Resulting Issuer;

  • L/C Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • Affiliate Lender shall have the meaning assigned to such term in Section 9.21(a).

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Co-Issuer means the Person named as the “Co-Issuer” in the first paragraph of this Indenture, until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Co-Issuer” shall mean such successor Person.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Institutional Lender means one or more commercial or savings banks, savings and loan associations, trust companies, credit unions, industrial loan associations, insurance companies, pension funds, or business trusts including but not limited to real estate investment trusts, any other lender regularly engaged in financing the purchase, construction, or improvement of real estate, or any assignee of loans made by such a lender, or any combination of any of the foregoing entities.

  • Designated Borrower Notice has the meaning specified in Section 2.14.

  • L/C Lender a Lender with an L/C Commitment.

  • SEC issuer means an issuer that

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • Subsidiary Borrower means, individually and collectively, as the context requires, each Subsidiary that is or becomes a “Borrower” in accordance with Section 2.22; in each case, unless and until it becomes a “Terminated Subsidiary Borrower”.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.