Originator Collateral definition

Originator Collateral has the meaning specified in Section 1.6.

Originator Collateral shall have the meaning assigned to it in Section 2.5 of the Sale and Contribution Agreement.

Originator Collateral shall have the meaning assigned to it in Section 7.01 of the Sale Agreement.

Examples of Originator Collateral in a sentence

• A carbon, photographic or other reproduction of this Agreement or of any notice or financing statement covering the Transferred Receivables, the Originator Collateral or any part thereof shall be sufficient as a notice or financing statement where permitted by law.

• The Buyer shall not have any obligation or liability under any such Receivables, Contracts or Originator Collateral by reason of or arising out of this Agreement or the granting herein of a Lien thereon or the receipt by the Buyer of any payment relating thereto pursuant hereto.

• No action, consent or approval of, registration or filing with or any other action by any Governmental Authority is necessary or will be required in connection with the Transaction Documents, except for (a) filings and registrations necessary to perfect the Buyer’s ownership interest in the Originator Collateral and the Administrative Agent’s security interests therein, and (b) such as have been made or obtained and are in full force and effect.

• Indeed, it is easy to prove that it allows addition and multiplication over shared inputs, and therefore any function.

• Upon any such declaration or designation or upon such automatic termination, the Purchaser shall have, in addition to the rights and remedies under this Agreement, all other rights and remedies with respect to the Transferred Assets and Originator Collateral provided after default under the UCC and under other applicable law, which rights and remedies shall be cumulative.

More Definitions of Originator Collateral

Originator Collateral shall have the meaning assigned to it in Section 6.01 of each Transfer Agreement.

Originator Collateral has the meaning assigned to it in Section 2.02 of the Sale Agreement.

Originator Collateral has the meaning specified in Section 2.02(h).

Originator Collateral has the meaning set forth in the applicable Master Repurchase Agreement.

Originator Collateral. As defined in Section 1.7. PPL: PPL Electric Utilities Corporation.

Originator Collateral has the meaning specified in Section 1.6. “Purchase Price” means, with respect to any sale of Purchased Receivables by an Originator hereunder, the aggregate price to be paid by the Buyer to the applicable Originator in accordance with Section 1.2 for the Receivables Assets being sold to the Buyer, which price shall equal on any date (i) the product of (A) the Outstanding Balance of the Purchased Receivables on such date, multiplied by (B) one minus the Discount Factor in effect on such date, minus (ii) any Purchase Price Credits to be credited against the Purchase Price otherwise payable in accordance with Section 1.2. “Purchase Price Credit” has the meaning specified in Section 1.3. “Purchased Receivables” has the meaning specified in Section 1.1(a). “Purchased Receivables Assets” has the meaning specified in the Section 1.1(a). “Receivables Assets” has the meaning specified in Section 1.1(a). “Related Security” means, with respect to any Receivable: (i) all right, title and interest (if any) in the goods, the sale of which gave rise to such Receivable, and any and all insurance contracts with respect thereto, (ii) all other Security Interests or Liens and property subject thereto from time to time, if any, purporting to secure payment of such Receivable, whether pursuant to the Contract related to such Receivable or otherwise, together with all financing statements and security agreements describing any collateral securing such Receivable, (iii) all guaranties, letters of credit, insurance and other supporting obligations, agreements or arrangements of whatever character from time to time supporting or securing payment of such Receivable whether pursuant to the Contract related to such Receivable or otherwise, (iv) all service contracts and other contracts and agreements associated with such Receivable, (v) all Records related to such Receivable,

Originator Collateral. As defined in Section 1.1(c) hereof.