Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.
Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Issuer or any Restricted Subsidiary secured by Residual Interests.
Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Restricted Subsidiary secured by Residual Interests.
Examples of Residual Funding Facility in a sentence
For the avoidance of doubt, notwithstanding anything to the contrary contained herein, neither the Borrower nor any Restricted Subsidiary shall at any time, directly or indirectly, incur, assume or suffer to exist any Residual Indebtedness or enter into any Residual Funding Facility.
More Definitions of Residual Funding Facility
Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Securitizations, Securitization Entities, Credit Facilities and/or Credit Facility Entities.
Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual or subordinated interests in Securitization Entities and/or Credit Facility Entities. “Responsible Officer,” when used with respect to the Trustee, means any officer within the Corporate Trust Office of the Trustee (or any successor group of the Trustee) or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and also means, with respect to a particular corporate trust matter, any other officer to whom such matter is referred because of his knowledge of and familiarity with the particular subject.
Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to Parent or any Subsidiary of Parent secured by Residual Interests and permitted Investments (with such permitted Investments being purchased with proceeds received from any related Residual Interest and/or pledged by the Parent or any applicable Subsidiary to offset any market value decline in any related Residual Interest).
Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual,
Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the relevant Obligor(s) or any Subsidiary of the relevant Obligor(s) based upon residual, subordinated or retained interests in Securitisations, Credit Facilities, Securitisation Entities and/or Credit Facility Entities.
Residual Funding Facility means, the certain residual funding facility provided pursuant to the Securities Funding Agreement, dated as of April 5, 2002 among UAC Funding Facility Corporation, as borrower, the Collection Agent as servicer, the Lenders signatory thereto from time to time, Wachovia Bank, National Association, as a lender and as administrative agent and First Union Securities, Inc., as structuring agent and as deal agent, as the same may be amended from time to time.