Related CP Issuer definition

Related CP Issuer means a multi-seller commercial paper conduit that issues commercial paper, the proceeds of which are loaned to or are otherwise the CP Lender’s source of funding for the CP Lender’s acquisition or maintenance of its funding obligations hereunder.

Related CP Issuer means, when used in relation to any Conduit Investor, any other entity that issues Commercial Paper for the purpose of funding all or part of such Conduit Investor’s interest in the Transferred Interest, as specified from time to time in a written notice by the Administrative Agent for such Conduit Investor to the Collection Agent, together with the successors and permitted assigns of such entity.

Related CP Issuer means, with respect to any Conduit Lender, any Affiliate of such Conduit Lender that issues Commercial Paper to fund advances made to such Conduit Lender, the proceeds of which are used by such Conduit Lender to fund or maintain Loans hereunder.

Examples of Related CP Issuer in a sentence

• Each Conduit Investor confirms that it is its intention to allocate all or substantially all of the Net Investment held on behalf of it to CP Tranche Periods, provided that such Conduit Investor or its Related CP Issuer may determine, from time to time, in its sole discretion, that funding such Net Investment through the issuance of Commercial Paper is not possible or is not desirable for any reason.

• Each party hereto agrees that the payment of any claim (as defined in Section 101 of Title 11 of the Bankruptcy Code) of any such party shall be subordinated to the payment in full of all Commercial Paper issued by a Conduit Lender or its Related CP Issuer.

• An Issuer shall not be obligated to pay any amount pursuant to this Agreement unless such Issuer has excess cash flow from operations or has received funds with respect to such obligation which may be used to make such payment and which funds or excess cash flow are not required to repay when due its Commercial Paper Note or other short term funding backing its Commercial Paper Notes, or in the case of Xxxxxxx, those of its Related CP Issuer.

• Contract for Sale and Purchase, Re: Acquisition of Parcel 107 (Welchwood Parcel) as Part of the St. Johns Heritage Parkway Project (Fiscal Impact: $3,170,750.00) (District 5) 13.

• Each party hereto hereby covenants and agrees that it will not institute against, or join any other Person in instituting against, any Purchaser, any Note Issuer or any Related CP Issuer any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding, or other proceeding under any federal or state bankruptcy or similar law, for one year and one day after the latest maturing Note issued by such Purchaser, Note Issuer or Related CP Issuer is paid in full.

More Definitions of Related CP Issuer

Related CP Issuer means, with respect to any Conduit Purchaser, any asset backed commercial paper conduit that issues Commercial Paper to provide funding to such Conduit Purchaser in connection with its Capital hereunder.

Related CP Issuer means, with respect to any Purchaser, any commercial paper conduit approved by the Servicer which advances funds to such Purchaser for the purpose of funding or maintaining its interest in the Investment, together with their successors and permitted assigns.

Related CP Issuer means, with respect to Xxxxxxx, Cancara Asset Securitization Limited or any other commercial paper conduit approved by the Administrative Agent which advances funds to Xxxxxxx for the purpose of funding or maintaining its interest in the Advances, together with their successors and permitted assigns.

Related CP Issuer means the commercial paper issuing company from which a Conduit Purchaser obtains funding.

Related CP Issuer means, when used in relation to Compass, Compass Securitization L.L.C., a Delaware limited liability company, together with its successors and permitted assigns.

Related CP Issuer means, (i) with respect to JS Trust, Jupiter Securitization Company LLC, and (ii) with respect to any other Conduit, an Affiliate of such Conduit that issues Commercial Paper to fund advances made to such Conduit, the proceeds of which are used by such Conduit to fund or maintain Purchaser Interests hereunder.

Related CP Issuer means, with respect to Gresham, Cancara Asset Securitization Limited or any other commercial paper conduit approved by the Administrative Agent which advances funds to Gresham for the purpose of funding or maintaining its interest in the Advances, together with their successors and permitted assigns and with respect to JUSI Trust, Jupiter Securitization Company LLC, or any other commercial paper conduit approved by the Administrative Agent which advances funds to JUSI Trust for the purpose of funding or maintaining its interest in the Advances, together with their successors and permitted assigns.