Qualified Securitization Transaction definition
Examples of Qualified Securitization Transaction in a sentence
Notwithstanding anything to the contrary herein, the Borrower will not, and will not permit any Restricted Subsidiary to, directly or indirectly, make any Restricted Payment consisting of any proceeds from a Qualified Securitization Transaction.
Notwithstanding anything to the contrary herein, Parent will not, and will not permit any Restricted Subsidiary to, directly or indirectly, make any Restricted Payment consisting of any proceeds from a Qualified Securitization Transaction.
On the effective date of any Qualified Securitization Transaction, the Commitments shall automatically, without the giving of any notice or the taking of any other action by the Borrower or any other Person, ratably terminate by an amount equal to the maximum amount of Securitization Transaction Attributed Indebtedness which may be incurred pursuant to the legal documentation governing such Qualified Securitization Transaction.
Notwithstanding the foregoing, in no event shall the Borrower be required to cause any Domestic Subsidiary which is a special-purpose entity created solely to engage in a Qualified Securitization Transaction to become a Guarantor.
This Agreement may not be amended, and none of its terms or provisions may be modified, except expressly by an instrument in writing signed by the Parties.