Originated Asset definition

Originated Asset means any Eligible Asset originated by Seller.
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Originated Asset means any asset that is an Eligible Asset and whose Purchased Asset Documents were prepared by or on behalf of Seller or Buyer.
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Originated Asset. A Collateral Obligation that is sold or transferred to the Issuer and with respect to which the Originator either (i) acted or will act as original lender or itself or through related entities, directly or indirectly, was involved or will be involved in the original agreement which created or will create such Collateral Obligation or (ii) purchased or will purchase such Originated Asset for its own account prior to selling or transferring such Collateral Obligation to the Issuer.
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Examples of Originated Asset in a sentence

  • The Collateral Manager will enter into a conditional sale agreement with the Issuer under which the Issuer shall have the right to require the Collateral Manager to purchase from it the relevant Collateral Obligations for the same purchase price as the Issuer committed to purchase and settle such Originated Asset.

  • The Retention Holder entered into a conditional sale agreement with the Issuer under which the Issuer had the right, during the relevant Seasoning Period, to require the Retention Holder to purchase from it any Originated Asset which failed to meet the Eligibility Criteria (as such term is defined under the Warehouse Arrangements) at a purchase price equal to the market value of the Originated Asset at the commencement of the relevant Seasoning Period.

  • The Retention Holder entered into a conditional sale deed with the Issuer under which the Issuer had the right to require the Retention Holder to purchase from it any Originated Asset which failed to meet the Eligibility Criteria (as such term is defined in the Warehouse Arrangements) during the relevant Seasoning Period in respect of such Originated Asset, at a purchase price equal to the market value of the Originated Asset at the commencement of such relevant Seasoning Period.

  • It may not be possible to predict, or to hedge against, such risk.Pursuant to one or more of the Warehouse SPV Sale and Purchase Agreements, the Issuer has the right to require the Retention Holder to purchase from it any Originated Asset which fails to satisfy the Eligibility Criteria described in this Offering Circular at any time during the Seasoning Period, at the same purchase price the Issuer committed to purchase and settle such Originated Asset.

  • Any such purchase by the Retention Holder from the Issuer shall be at the price at which the Issuer committed to acquire such Originated Asset; provided, for the avoidance of doubt, the obligation of the Retention Holder to purchase an Originated Asset from the Issuer shall terminate following the end of the relevant Seasoning Period.

  • Capital Four CLO Management K/S will enter into a conditional sale agreement (a "Conditional Sale Agreement") with the Issuer under which the Issuer shall have the right to require Capital Four CLO Management K/S to purchase from it the relevant Collateral Obligations for the same purchase price as the Issuer committed to purchase and settle such Collateral Obligation designated as an Originated Asset.

  • Capital Four CLO Management K/S has entered into a conditional sale agreement (a "Conditional Sale Agreement") with the Issuer under which the Issuer has the right to require Capital Four CLO Management K/S to purchase from it the relevant Collateral Obligations for the same purchase price as the Issuer committed topurchase and settle such Collateral Obligation designated as an Originated Asset.

  • The Collateral Manager will enter into a conditional sale agreement with the Issuer under which the Issuer shal have the right to require the Collateral Manager to purchase from it the relevant Collateral Obligations for the same purchase price as the Issuer committed to purchase and settle such Originated Asset.

  • Any such purchase by the Retention Holder from the Issuer shall be at the arm’s length purchase price at which the Issuer committed to acquire such Originated Asset; provided, for the avoidance of doubt, the obligation of the Retention Holder to purchase an Originated Asset from the Issuer shall terminate following the end of the relevant Seasoning Period.

  • The Collateral Manager has entered into a conditional sale agreement with the Issuer under which the Issuer shall in certain circumstances have the right to require the Collateral Manager to purchase from it specified Collateral Obligations for the arm’s length purchase price which the Issuer committed to purchase and settle such Originated Asset.


More Definitions of Originated Asset

Originated Asset means any Eligible Loan whose Purchased Loan Documents were prepared by Seller.
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Originated Asset. An Underlying Asset that is sold or transferred to the Issuer and with respect to which the Retention Holder (i) itself or through related entities, directly or indirectly, was involved or will be involved in the original agreement which created or will create such Underlying Asset or (ii) purchased or will purchase such Originated Asset for its own account prior to selling or transferring such Underlying Asset to the Issuer.
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Related to Originated Asset

  • Purchased Loan A motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by CAC or a subsidiary from such Dealer and evidenced by a motor vehicle retail installment sales contract.

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Sold Receivable means a Receivable that was more than 60 days delinquent and was sold to an unaffiliated third party by the Issuer, at the Servicer’s direction, as of the close of business on the last day of a Collection Period and in accordance with the provisions of Section 4.3(c) hereof.

  • Underlying Asset means the object or underlying asset in a CFD which may be Currency Pairs (for FX Contracts), Equity Indices, base or precious Metals, Forwards, Commodities, Stocks, Shares Indices and Futures. It is understood that the list is subject to change and Clients must refer each time on the Trading Platform.

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

  • 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.

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.