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.

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.

Examples of Initial Originators in a sentence

• 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.

• 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.

More Definitions of Initial Originators

Initial Originators means the Initial Dutch Originators, the Initial English Originators and the Initial US Originators;

Initial Originators has the meaning specified in the recitals.