Italian Originator definition
Examples of Italian Originator in a sentence
This is the form of Additional Italian Purchase Agreement to be entered into by exchange of correspondence on the First Purchase Date and thereafter on or around each Settlement Date with respect to each Additional Italian Originator Portfolio.
For the purpose of Italian law, the transfer of the Purchased Receivables under this Agreement from the Italian Originator to the Purchaser will be made on a without recourse basis (pro-soluto).
The Purchaser agrees and the Italian Originator acknowledges that each notice, communication and any other documents to be served pursuant to the provisions set out in Part 1 of this Schedule 12 and under any Transaction Document can be served by the Italian Originator (from its electronic certified email PEC address) on the Purchaser by electronic certified email (PEC) to ING Bank NV, Milan branch, at the following electronic certified email (PEC) address: ▇▇▇.▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇.
No Italian Originator shall segregate assets or revenues pursuant to Article 2447-bis (Patrimoni Destinati ad uno Specifico Affare) of the Italian Civil Code, letter (a) and (b).
Evidence that all fees and expenses (including the Purchaser's legal fees) then due and payable by the Italian Originator under the Facility Documents have been or will be paid on or before the applicable Start Date.
The Master Servicer shall make such determination having regard to the aggregate nominal value of all Scheduled Receivables sold by the Seller during that Data Period relative to the aggregate nominal value of Receivables sold by all Originators (other than the Italian Originator) during the same Data Period (the Purchase Price).
The Italian Originator or any such Subsidiary becoming an Additional Originator shall become an Additional Guarantor.
R.L as Italian Originator and Italian Sub-Servicer (6) ASHLAND SPECIALTY CHEMICAL (SINGAPORE) PTE.
Each of the events set out in Clauses 12.2 (Non-payment) to 12.11 (Minimum share capital requirements in respect of the Italian Originator) is an Event of Default.
Notwithstanding anything to the contrary in this Agreement, the Italian Servicer shall provide the Services only in respect of the Receivables of the Italian Originator, and the Spanish Servicer shall provide the Services only in respect of the Receivables of the Spanish Originator.