Initial Originators definition

Initial Originators means each of the Persons affiliated with the Parent and party to the Sale Agreement as of the Closing Date as an originator collectively, and “Initial Originator” means any of them individually.
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Initial Originators has the meaning set forth in the preamble of this Agreement.
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Initial Originators has the meaning given to it in Schedule 18 (Initial Producers, Initial Originators and Initial Factors) Part 2 of the Incorporated Terms Memorandum.
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Examples of Initial Originators in a sentence

  • Any Receivables originated by a New Originator will have been originated in accordance with the Lending Criteria of the New Originator, which may differ from the Lending Criteria of Receivables originated by the Initial Originators.

  • As consideration for the CBC assuming the Guarantee, and so as to enable the CBC to meet its obligations under the Guarantee, the Initial Originators have transferred and will transfer Eligible Assets to the CBC in accordance with the Guarantee Support Agreement.

  • Each entity from time to time party to the Purchase and Sale Agreement as an originator thereunder, including the Initial Originators, is herein referred to as an “Originator” and, collectively, as the “Originators.” Pursuant to the Purchase and Sale Agreement, the Originators will from time to time sell or contribute Receivables and Related Rights to the SPV.

  • Each of the Initial Originators and any other Person that is directly or indirectly wholly-owned by the Parent and that has been approved by the Agent as an additional originator of Receivables and has joined the PSA as an additional seller thereunder.

  • The following terms have the respective meanings indicated hereinbelow: "ADDITIONAL U.S. RECEIVABLES" means, with respect to any Originator, all U.S. Receivables of such Originator arising after the close of such Originator's business on the Initial Cut-Off Date (in the case of each of the Initial Originators) or the applicable New Originator Cut-Off Date (in the case of any New Originator) through and including such Originator's Sale Termination Date.

  • That certain Receivables Purchase and Sale Agreement dated as of the date hereof between the Initial Originators, the Servicer and the Borrower, as amended, restated, supplemented or otherwise modified from time to time, pursuant to which the Initial Originators sell Receivables to the Borrower.

  • As consideration for the CBC assuming the Guarantee, and in order to enable the CBC to meet its obligations under the Guarantee, the Initial Originators have transferred and will transfer Eligible Assets (to the extent they are an Originator) to the CBC in accordance with the Guarantee Support Agreement.

  • As consideration for the CBC2 assuming the Guarantee, and so as to enable the CBC2 to meet its obligations under the Guarantee, the Initial Originators have transferred and will transfer (to the extent they are an Originator) Eligible Assets to the CBC2 in accordance with the Guarantee Support Agreement.


More Definitions of Initial Originators

Initial Originators means the Initial Dutch Originators, the Initial English Originators and the Initial US Originators;
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Initial Originators has the meaning specified in the recitals.
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Related to Initial Originators

  • Originators have the meaning set forth in the Purchase and Sale Agreement, as the same may be modified from time to time by adding new Originators or removing Originators, in each case with the prior written consent of the Administrative Agent.

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • Originator means the sender of the first payment order in a funds transfer.

  • Loan originator The entity that closes a Mortgage Loan in its own name.

  • GMAC GMAC Mortgage Corporation and its successors and assigns, in its capacity as Servicer of the GMAC Mortgage Loans.

  • Qualified Originator means an originator of Mortgage Loans which is acceptable under the Underwriting Guidelines.

  • the Seller means the person so described in the Order;

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

  • Sale Agreements This Agreement, the Current Excess Servicing Spread Acquisition Agreement for FHLMC Mortgage Loans, the Current Excess Servicing Spread Acquisition for GNMA Mortgage Loans and the Current Excess Servicing Spread Acquisition Agreement for Non-Agency Mortgage Loans.

  • Mortgage Loan Sale Agreement The mortgage loan sale and assignment agreement dated as of November 1, 2003, for the sale of the Mortgage Loans by the Seller to the Depositor.

  • Registered mortgage loan originator means any individual who:

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • NFC means Navistar Financial Corporation, a Delaware corporation.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Initial Receivables means the Receivables transferred to the Trust on the Closing Date as set forth on the Schedule of Receivables attached to the Initial SSA Assignment.

  • Third Party Originating Carrier means a Telecommunications Carrier that originates Transit Traffic that transits AT&T-TSP’s network and is delivered to CLEC.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.

  • Sale Agreement means the Sale Agreement Master Securitization Terms Number 1000, dated as of November 14, 2013, among SLM Funding LLC, as Seller, SLM Student Loan Trust 2013-6, as Purchaser, and Deutsche Bank Trust Company Americas, as Interim Eligible Lender Trustee and as Eligible Lender Trustee.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Securitization Servicing Agreement means the Lead Securitization Servicing Agreement or any Non-Lead Securitization Servicing Agreement.

  • Seller Party means Seller, any Affiliates of Seller, any direct or indirect subcontractors of Seller or its Affiliates and any of such subcontractors' Affiliates.

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Purchaser Affiliate means any affiliate of the Purchaser, including a transferee who is an affiliate of the Purchaser, and any person who controls the Purchaser or any affiliate of the Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act; and