Relevant Seller definition

Relevant Seller has the meaning given in Clause 4.5;

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Relevant Seller means the Seller who transferred the portfolio of Eligible Assets/Integration Assets with respect to which a breach of the Tests has occurred.

Relevant Seller means, with respect to any Portfolio Investment that is not a Primary Market Investment, the “Seller” under the Relevant Trade Confirmation.

Examples of Relevant Seller in a sentence

• All such standard hazard policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Relevant Seller and its successors in interest and assigns as loss payee and such clause is still in effect and all premiums due thereon have been paid.

• The Relevant Seller, its successors and assigns, are the sole insureds of such lender's title insurance policy, and such lender's title insurance policy is in full force and effect and will be in full force and effect upon the consummation of the transactions contemplated by this Agreement.

• The Sale Agreements provide that upon such amendment the Relevant Seller shall be deemed to have made as to such substitute Mortgage Loan the representations and warranties set forth in Section 3.01 as of the date of such substitution, which shall be continuing as long as any Certificate shall be outstanding or this Agreement has not been terminated, and the remedies for breach of any such representation or warranty shall be as set forth in Section 3.01.

• Relevant Seller and Buyer shall discuss in good faith an extension to the Final Sale Date for that Aircraft.

• In the event of such a substitution, accrued interest on the substitute Mortgage Loan for the month in which the substitution occurs and any Principal Prepayments made thereon during such month shall be the property of the Trust Fund, and accrued interest for such month on the Mortgage Loan for which the substitution is made and any Principal Prepayments made thereon during such month shall be the property of the Relevant Seller.

More Definitions of Relevant Seller

Relevant Seller. With respect to the Mortgage Loan Sale Agreement dated as of August 1, 2006 between the Depositor and CHF, CHF, and with respect to the Mortgage Loan Sale Agreement dated as of August 1, 2006 between the Depositor and JPMMAC, JPMMAC.

Relevant Seller relevant Company" or "relevant Subsidiary" is a reference to the entity to which a right or obligation or a liability under this Article or in respect of Tax relates.

Relevant Seller s Group Company" means a Seller’s Group Company for which the Seller is required to procure transfers of any of the Business or the Assets held by such Relevant Seller’s Group Company pursuant to the terms of this Agreement;

Relevant Seller has the meaning given to it in Paragraph 1.4 of Part B of Schedule 13 (Tax);

Relevant Seller means any one of them;

Relevant Seller means the Investor or Manager who receives or benefits from, or the member of the Investor’s Group (in the case of the Investor) or Connected Person(s) (in the case of a Manager) that receives or benefits from, any Leakage (or, in the case of Leakage under paragraphs (f) or (h) but in the case of (h), only if and to the extent that such Leakage arises in respect of Leakage falling under paragraph (f), if and to the extent that it is attributable to such Leakage);

Relevant Seller s receipt good discharge): The receipt of amounts by a Relevant Seller pursuant to clauses 2.9(a) and (b) constitutes a good discharge to the Trustee.