Guarantor Calculation Agent definition

Guarantor Calculation Agent means Securitisation Services S.p.A. acting as guarantor calculation agent, or any such other institution as may be appointed pursuant to the Cash Allocation, Management and Payments Agreement;
Guarantor Calculation Agent means Banca Finanziaria Internazionale S.p.A. acting as guarantor calculation agent, or any such other institution as may be appointed pursuant to the Cash Allocation, Management and Payments Agreement;
Guarantor Calculation Agent means Banca Finanziaria Internazionale S.p.A. acting as guarantor calculation agent, or any such other entity as may be appointed pursuant to the Cash, Management and Agency Agreement;

Examples of Guarantor Calculation Agent in a sentence

  • Upon the occurrence of an Issuer Event of Default and the service of a Notice to Pay on the Guarantor, if the Servicer failsto provide the Servicer Report pursuant to Clause 17.1.2 of theCash Management and Agency Agreement the Guarantor Calculation Agent will be entitled to assume that all amounts collected during the immediately preceding Collection Period fall within the definition of Available Funds and that such amounts shall be applied to make payments under the relevant Priority of Payments.

  • On 31 October 2017, the first series was increased by Euro 75,000,000 to a total of Euro 575,000,000.As regards the payments related to the subordinated loans, during the year just ended, the Company paid the accrued interest in accordance with the order of priority set by the Guarantor Calculation Agent in accordance with the Programme's contractual documentation and in compliance with the Tests.

  • With reference to the payments relating to the subordinated loan, it should be noted that, during the financial year just ending, the Company took steps to duly pay the interest accrued according to the priority order of payments prepared by the Guarantor Calculation Agent.

  • None of the Issuer, Guarantor, Calculation Agent nor any Dealer provide any advice with respect to any Reference Item nor make any representation as to its quality, credit or otherwise, and investors in the N&C Securities must rely on their own sources of analysis, including credit analysis with respect to any Reference Item.

  • Performance of the transactionThe transaction is progressing normally, no irregularities have emerged with respect to that envisaged by the contractual documentation.In particular, with reference to the payments referable to the subordinated loans, they were made in conformity to the payment priority arranged by the Guarantor Calculation Agent.

  • These documents set out any roles and responsibilities of the Issuer, Guarantor, Calculation Agent and any other related parties.‘The Issuer’ is EFG International Finance (Guernsey) and its successors, assigns and transferees.

  • SECURITISATION SERVICES S.p.A., as Guarantor Calculation Agent, allocates said funds on each payment date, to pay commissions and fees to the various parties delegated to carry out specific functions relating to the separate asset pool and to pay the subordinated loan.

  • None of the Issuer, Guarantor, Calculation Agent nor any Dealer provide any advice with respect to any Reference Item nor make any representation as to its quality, credit or otherwise, and investors in the N&C Securities must rely on their own sources of analysis, includin g credit analysis with respect to any Reference Item.

  • Additional Subordinated Lender Guarantor Calculation Agent, Guarantor Corporate Servicer and Representative of the BondholdersAny Additional Seller that has acceded to the Programme as Additional Seller will also act as Additional Subordinated Lender in respect of the Assets transferred by itself to the Guarantor and, for such purpose, shall enter into a Subordinated Loan Agreement with the Guarantor.

  • The transaction is being carried out regularly, no irregularities have been reported with respect to the provisions under the contractual documentation.Specifically, in relation to the payments referable to subordinated loans, it should be noted that they will be made in accordance with the payment priority order prepared by the Guarantor Calculation Agent.


More Definitions of Guarantor Calculation Agent

Guarantor Calculation Agent means Securitisation Services S.p.A. or any other entity acting in such capacity pursuant to the terms of the Cash Allocation, Management and Payments Agreement.
Guarantor Calculation Agent means Securitisation Services S.p.A. or any other entity acting in such capacity pursuant to the terms of the Cover Pool Management Agreement.
Guarantor Calculation Agent means Banca Finanziaria Internazionale S.p.A. or any other entity acting in such capacity pursuant to the terms of the Cash Allocation, Management and Payments Agreement.
Guarantor Calculation Agent means Securitisation Services S.p.A. acting as guarantor calculation agent, or any such other entity as may be appointed pursuant to the Cash, Management and Agency Agreement;

Related to Guarantor Calculation Agent

  • Determination Agent means Calculation Agent Services LLC and any successor or replacement thereto or any other entity appointed as determination agent in accordance with the terms of the Determination Agency Agreement.

  • Index Calculation Agent means Bank Vontobel AG, Gotthardstrasse 43, 8002 Zurich, Switzerland. "Index Calculation Day" means every day from Monday to Friday.

  • Calculation Agent Agreement means the Calculation Agent Agreement dated as of May 18, 2018 between the Company and the Calculation Agent, as amended from time to time.

  • Calculation Agent means the Calculation Agent as specified in § 2 (2) of the General Conditions.

  • Valuation Agent means Party A in all circumstances.

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Paying Agent Agreement means the Paying Agent Agreement to be entered into by and between the Company, the Buyer and the Paying Agent at the Closing, in the form attached hereto as Exhibit F.

  • Auction Agent means (a) the Administrative Agent or (b) any other financial institution or advisor employed by the Borrower (whether or not an Affiliate of the Administrative Agent) to act as an arranger in connection with any Discounted Term Loan Prepayment pursuant to Section 2.11(a)(ii); provided that the Borrower shall not designate the Administrative Agent as the Auction Agent without the written consent of the Administrative Agent (it being understood that the Administrative Agent shall be under no obligation to agree to act as the Auction Agent).

  • Agent Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.

  • Distribution Agent shall refer to the Trustee acting in its capacity as distribution agent pursuant to Section 5.05 herein."