Intermediate Seller definition

Intermediate Seller means FlexShopper 1, LLC, a Delaware limited liability company.
Sample 1Sample 2Sample 3
Intermediate Seller has the meaning provided in the first paragraph of this Agreement.
Sample 1Sample 2Sample 3
Intermediate Seller means any person other than a retailer or country shipper tvho purchases white flesh po­ tatoes for the purpose of reselling and who takes title and makes sales to any person who is not an ultimate consumer. (n) “ Person” means an individual, cor­ poration, partnership, association, or any other organized group of persons, and their legal successors or representatives. The term includes the United States, its agencies, other governments, their po­
Sample 1

Examples of Intermediate Seller in a sentence

  • Each remittance of collections on such Collateral Obligations by the Intermediate Seller to the Buyer as transferee under this Agreement, will have been made in the ordinary course of business or financial affairs of the Intermediate Seller and the Buyer.

  • The Intermediate Seller is not required to be registered as an “investment company” within the meaning of the Investment Company Act.

  • The Intermediate Seller is in good standing in the State of Delaware.

  • The purchase price for each Collateral Obligation sold pursuant to this Master Loan Sale Agreement shall be a dollar amount equal to the fair market value thereof as determined by the Seller, the Intermediate Seller and/or the Buyer, as applicable, and shall be on terms no less favorable to the buyer than such buyer would then obtain in a comparable arm’s length transaction with a person that is not an Affiliate (in each case, the “Purchase Price”).

  • The representations and warranties set forth in this Section 4.03 shall survive the sale, transfer and assignment of the Collateral Obligations by the Intermediate Seller to the Buyer on or after the Closing Date.

  • There is no action, suit or proceeding pending against or, to the actual knowledge of an Authorized Officer of the Intermediate Seller, after due inquiry, threatened against or adversely affecting (i) the Intermediate Seller or (ii) the transactions contemplated by this Agreement, before any court, arbitrator or any governmental body, agency or official, in each case, which has had or would reasonably be expected to have a Material Adverse Effect.

  • It is understood and agreed that the representations and warranties provided in this Section 4.02 shall survive (x) the sale of the Collateral Obligations to the Intermediate Seller or the Buyer, as applicable, (y) the grant of a first priority perfected security interest in, to and under each Collateral Obligation pursuant to the Indenture by the Buyer and (z) the termination of this Agreement and the Indenture.

  • The Intermediate Seller is duly qualified to do business and, to the extent applicable, is in good standing and has obtained all material governmental licenses and approvals as required in Delaware and each other jurisdiction in which the failure to be so qualified, maintain good standing or obtain such license or approval, is likely to have a Material Adverse Effect.

  • The parties acknowledge and agree that each of the Intermediate Seller and the Buyer has no interest in the Excluded Amounts.

  • The Seller has received reasonably equivalent value from the Intermediate Seller or the Buyer, as applicable, in exchange for the sale of such Collateral Obligations sold hereunder.


More Definitions of Intermediate Seller

Intermediate Seller means any Designated Entity or Intermediate SPV.
Sample 1

Related to Intermediate Seller

  • Intermediate Parent means any Subsidiary of Holdings and of which the Borrower is a subsidiary.

  • Intermediate Holdco means Sunnova Intermediate Holdings, LLC, a Delaware limited liability company.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Intermediate Holdings shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Seller Parent has the meaning set forth in the Preamble.

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Intermediate product means marijuana flower lots or other material lots that have been converted by a marijuana pro­ cessor to a marijuana concentrate or marijuana-infused product that must be further processed prior to retail sale.

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

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

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

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Seller has the meaning set forth in the Preamble.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • PHH means PHH Corporation, a Maryland corporation.

  • Remote seller means any dealer deemed to have sufficient activity within the Commonwealth to

  • SPE means any bankruptcy-remote, special-purpose entity created in connection with the financing of settlement float with respect to customer funds or otherwise.

  • Parent means a "parent corporation," whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Intermediate care facility means a licensed, residential public or private facility that is not a

  • IDI Subsidiary means any Issuer Subsidiary that is an insured depository institution.

  • Locational UCAP Seller means a Member that sells Locational UCAP.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Securitization Subsidiary means any Subsidiary in each case formed for the purpose of and that solely engages in one or more Qualified Securitization Financings and other activities reasonably related thereto.

  • Transaction Parties As defined in Section 5.3(o).

  • SPS means ADB's Safeguard Policy Statement (2009);

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.