Initial Sellers definition

Initial Sellers has the meaning set forth in the recitals to this Agreement.
Initial Sellers has the meaning set forth in the preamble. “Insurance Policies” has the meaning set forth in Section 3.16.
Initial Sellers means the Persons designated as "Initial Sellers" in the Purchase Agreement, other than Xxxx-Xxxxxx Sommadossi.

Examples of Initial Sellers in a sentence

  • In this respect, reference is made to the statement that the Initial Sellers have announced that they are suspending mortgage origination activities in the Netherlands in the section Description of the Initial Sellers.

  • The Initial Sellers also fund their operations through portfolio sales to third parties and/or through intragroup borrowing from their (direct or indirect) parent companies.

  • An increase in the Initial Sellers' cost of funding or a loss of access to funding will decrease the financial resources available to the Initial Sellers to repurchase Mortgage Receivables from the Issuer.

  • In respect of Mortgage Loans subject to a variable interest rate, each of the Initial Sellers may at its discretion on each monthly interest reset date reset the interest rate on behalf of the Issuer.

  • For most of their funding, the Initial Sellers depend upon access by them or by their group companies to wholesale funding sources, including warehouse funding some of which is provided by asset-backed commercial paper (“ABCP”) conduits sponsored by banks, as well as accessing the global securitisation markets.


More Definitions of Initial Sellers

Initial Sellers have the respective meanings set forth in the preface to this Agreement.
Initial Sellers the Sellers with an applicable Effective Date of the Commencement Date.
Initial Sellers means SunGard SCT Inc., a Delaware corporation, and SunGard Availability Inc., a Delaware corporation.
Initial Sellers means SHP Fond 2 and SHP Fond 3.
Initial Sellers means The Royal Bank of Scotland plc, The Royal Bank of Scotland N.V. and RBS Mezzanine Ltd.
Initial Sellers. Recitals "Insurance Policies" Section 5.12 "Interim Financials" Section 5.3.1.2 "IRS" Section 5.13.4 "Lease Consents" Section 7.3.3 "Leases" Section 5.7.2 "Licenses" Section 5.9.2 "Maximum Aggregate Loss" Section 10.3.1 "Option Consideration" Section 2.2 "Option Hold-Back Amount" Section 3.1 "Options" Section 2.2 "Option Working Capital Hold-Back"
Initial Sellers means those entities from which Citigroup purchased the Assets.