Examples of German Originator in a sentence
The Sellers (or in the case of (i) any German Account, a Seller or a German Originator, (ii) any UK Account, a Seller or a UK Originator or (iii) any Excluded Account, a Seller or an Originator) (individually or together) own and have good and marketable title to the Lock-Box Accounts and Collection Accounts free and clear of any Adverse Claim.
The German Originator waives the receipt (Zugang) of the acceptance in accordance with Section 151 of the German Civil Code (BGB) on each Purchase Date following the first Purchase Date.
In case of a power of attorney granted by a German Originator, such power of attorney will be granted under release of the restriction of section 181 of the German Civil Code (Bürgerliches Gesetzbuch).
The Sellers (or in the case of any German Account, a Seller or a German Originator) (individually or together) own and have good and marketable title to the Lock-Box Accounts and Collection Accounts free and clear of any Adverse Claim.
Each German Originator has paid all German value added taxes then due and payable by it.
In case of any power of attorney granted by a German Originator, such power of attorney will be granted under release of the restrictions of section 181 of the German Civil Code (Bürgerliches Gesetzbuch).
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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 relevant German Originator shall be treated as having received an amount equal to the corrected VAT amount on the date on which any VAT balance (Umsatzsteuerzahllast) owing and payable for such pre-assessment period (Voranmeldungszeitraum) is due to the competent German tax authorities in accordance with applicable German law (including applicable statements by the German tax authorities), and such amount shall, for the purposes of this Agreement, be treated as a Deemed Collection.
The Seller (or in the case of (i) any German Account, the Seller or a German Originator, (ii) any UK Account, the Seller or a UK Originator or (iii) any Excluded Account, the Seller or an Originator) (individually or together) owns and has good and marketable title to the Lock-Box Accounts and Collection Accounts free and clear of any Adverse Claim.