Examples of German Originator in a sentence
German Originator TERMS AND CONDITIONS OF SALE The following Terms and Conditions of Sale (the "Terms") are applicable to the provision of all goods supplied and/or services rendered ("goods") by Ferro GmbH, Frankfurt am Main, Germany ("Seller"), to any purchaser, or in the case of sample products or material, recipient, thereof ("Buyer").
Purchase Date Following the occurrence of the Final Payout Date or the German Originator Stop-Purchase Date, as applicable, the Seller's obligation to sell, and the Buyer's obligation to purchase, any Receivables or Related Security shall end.
The Administrative Agent is entitled to demand performance from the German Originator and the Seller under the Parallel Obligations in the same manner and under the same conditions as it may demand performance from the German Originator or Seller under the Transaction Documents.
German Originator The following Terms and Conditions of Sale (the "Terms") are applicable to the provision of all goods supplied and/or services rendered ("goods") by Ferro GmbH, Frankfurt am Main, Germany ("Seller"), to any purchaser, or in the case of sample products or material, recipient, thereof ("Buyer").
The obligation of the German Originator or the Seller to make payments to the applicable recipients in accordance with the terms and conditions of the Primary Obligations shall remain unaffected by the Administrative Agent's claims under the Parallel Obligations.
The German Originator, in its capacities as Seller under the German RPA and as a Sub-Servicer under the Servicing Agreement hereby consents to and acknowledges the amendments to the Agreement outlined in Section 1.1 above.
Each German Originator has paid all German value added taxes then due and payable by it.
Prior to the Initial Effective Date applicable to an Originator (other than a German Originator) (an “Acceding Originator”), the Performance Undertaking Provider shall procure that such Originator shall execute and deliver to the Administrative Agent a Deed of Accession.
The parallel debt represents the own debt of each German Originator and neither constitutes any several and join liability ( gesamtschuldnerische Haftung) of the German Originator nor is subject to any debt owed by a collective ownership (Gesamthand) formed by the German Originator.
The Parallel Obligations shall serve as security for all existing, future and contingent payment claims that a Secured Party may have against the German Originator or the Seller under or in connection with the Primary Obligations, including any claims in the event of the invalidity of any of the Transaction Documents and in connection with payments made under the Transaction Documents.