Revolving Purchaser definition

Revolving Purchaser means any Purchaser identified as a revolving purchaser on its signature page hereto or in the applicable Joinder Agreement or any permitted successor thereto hereunder in accordance with the provisions of Section 1.12 or Section 6.3(a).
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Revolving Purchaser means Fairway and each other Purchaser designated as a “Revolving Purchaser” in the Joinder Agreement or amendment pursuant to which such Purchaser becomes a party hereto.
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Revolving Purchaser means any Purchaser identified as a revolving purchaser on its signature page hereto or in the applicable Joinder Agreement.
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Examples of Revolving Purchaser in a sentence

  • In the event that less than all of a Revolving Purchaser's Investment is being transferred pursuant to this SECTION 1.12, and such transferring Revolving Purchaser has any Uninsured Investment outstanding at the time of such transfer, the agreement or instrument pursuant to which such transfer is being effected shall specify the portion of the transferred Investment that is Uninsured Investment.

  • In the event that less than all of a Revolving Purchaser's Investment is being transferred pursuant to this SECTION 6.3, and such transferring Revolving Purchaser has any Uninsured Investment outstanding at the time of such transfer, the agreement or instrument pursuant to which such transfer is being effected shall specify the portion of the transferred Investment that is Uninsured Investment.

  • The Distributor shall have delivered to the ---------------- Program Administrator any Investor Reports due on or prior to such Revolving Purchase Date, which shall be substantially in the form of Exhibit L to the Master Agreement and otherwise in form and substance reasonably satisfactory to the Revolving Purchaser and the Program Administrator.

  • The Seller hereby irrevocably authorizes and empowers the Revolving Purchaser to demand, xxx for, collect and receive payment of any funds due with respect to the Revolving Purchaser's Purchased Portfolio Assets in the name of the Seller, if required in the judgment of the Revolving Purchaser.

  • The Revolving Purchaser and the Program ------------- Administrator shall have completed and be reasonably satisfied with their due diligence review of each Federated Entity, Company and Fund.

  • In connection with -------------------------------- each sale and conveyance of Revolving Purchaser's Purchased Portfolio Assets relating thereto pursuant hereto, the Seller shall indicate on its books and records that all such Revolving Purchaser's Purchased Portfolio Assets relating thereto have been sold or conveyed to the Revolving Purchaser.

  • The Parent or the Distributor shall ------------------------- have paid all reasonable fees and expenses of the Revolving Purchaser and the Program Administrator (including the reasonable accrued fees and expenses of counsel to the Purchaser and the Program Administrator) then due and payable in accordance herewith.

  • The Revolving Purchaser has --------------------------- sufficient resources to meet its obligations pursuant to the Program Documents.

  • The Program Administrator and the Revolving Purchaser ---------- shall have received a copy of a certificate of the President or any Vice President of the Parent certifying that a true and complete copy of the current Prospectus for each Fund is attached and that no change therein has been proposed which if in effect on such Initial Revolving Purchase Date would cause the representation of the Parent set forth in Section 4.03(a) of the Master Agreement to be incorrect.

  • In addition, the Seller shall not carry any Revolving Purchaser's Purchased Portfolio Assets sold to the Revolving Purchaser on its accounting records, and the Seller agrees that all such Revolving Purchaser's Purchased Portfolio Assets have been and will be, as contemplated by the terms of this Agreement, transferred and sold to the Revolving Purchaser and carried on the Revolving Purchaser's accounting records.


More Definitions of Revolving Purchaser

Revolving Purchaser and "Program Administrator," each as defined therein (the "Master Agreement").
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Revolving Purchaser s CDSC Portion" means the portion of the ---------------------------------- Portfolio Assets relating to all Funds constituting Contingent Deferred Sales Charges allocable to the Revolving Purchaser pursuant to the Allocation Procedures.
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Revolving Purchaser s Portion" means, on any date, the sum of (i) ----------------------------- Revolving Purchaser's CDSC Portion, (ii) Revolving Purchaser's Asset Based Sales Charge Portion, (iii) the Revolving Purchaser's Shareholder Servicing Fee Portion, (iv) the Revolving Purchaser's Investment Earnings, and (v) all other amounts to which the Revolving Purchaser is entitled under the Program Documents which are deposited in the Program Collection Account, reduced by the sum of (x) the Revolving Purchaser's allocable portion, determined in accordance with Section 4.03(b)(i) of the Program Funding and Collection Agency Agreement, of the amounts distributed in accordance with Section 4.03(a)(i) and (ii) of the Program Funding and Collection Agency Agreement and (y) the Revolving Purchaser's allocable portion, determined in accordance with Section 4.03(b)(ii) of the Program Funding and Collection Agency Agreement, of the amounts distributed in accordance with Section 4.03(a)(iii) of the Program Funding and Collection Agency Agreement.
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Revolving Purchaser s Remittance Account" shall mean the account of ---------------------------------------- the Revolving Purchaser maintained by Bankers Trust Company, at Four Albany Street, New York, New York 10006, ABA No.: 021001033, Acct. No.: 01419647 for further credit to 23486, Ref. "Federated Investors" or such other account as the Revolving Purchaser shall designate in writing to the Program Administrator and the Funding and Collection Agent.
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Revolving Purchaser means Xxxxxx Xxxxxx Finance, L.P. -------------------
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Revolving Purchaser means Xxxxxx Xxxxxx Finance, L.P.
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Related to Revolving Purchaser

  • Selling Lender has the meaning specified in Section 11.7 (

  • Loan Investor means any person (including an Agency) having a beneficial interest in any mortgage loan originated, purchased or serviced by the Company or any Company Subsidiary or a security backed by or representing an interest in any such mortgage loan; and

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Defaulting Purchaser means any Related Committed Purchaser or LC Participant, as applicable, that (a) has failed to (i) perform its obligation to fund any portion of its Purchases or Participation Advances or (ii) pay over to the Administrator or any Purchaser any other amount within two Business Days of the date required to be funded or paid by it hereunder, unless, in the case of clause (i) above, such Related Committed Purchaser or LC Participant, as applicable, notifies the Administrator and the Seller in writing that such failure is the result of such Related Committed Purchaser’s or LC Participant’s, as applicable, good faith determination that a condition precedent to funding (specifically identified and including the particular default, if any) has not been satisfied, (b) has notified the Seller, the Administrator or any Purchaser in writing, or has made a public statement to the effect, that it does not intend to comply with any of its funding obligations under this Agreement or any other Transaction Document or generally under other agreements in which it commits or extends credit (unless such writing or public statement relates to such Related Committed Purchaser’s or LC Participant’s, as applicable, obligation to fund any portion of its Purchases or Participation Advances and states that such position is based on such Related Committed Purchaser’s or LC Participant’s, as applicable, good faith determination that a condition precedent to funding (specifically identified and including the particular default, if any) has not been satisfied), (c) has failed, within three Business Days after written request by the Administrator or the Seller, to confirm in writing in a manner satisfactory to the Administrator and the Seller, that it will comply with the terms of this Agreement and the other Transaction Documents relating to its obligations to fund prospective Purchases and Participation Advances under this Agreement (provided that such Related Committed Purchaser or LC Participant, as applicable, shall cease to be a Defaulting Purchaser pursuant to this clause (c) upon receipt of such written confirmation by the Administrator and the Seller), (d) has, or has a direct or indirect parent company that has, (i) become the subject of a proceeding under any bankruptcy or insolvency proceeding or (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or assets, including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such capacity; provided that, for the avoidance of doubt, a Related Committed Purchaser or LC Participant, as applicable, shall not be a Defaulting Purchaser solely by virtue of the ownership or acquisition of any equity interest in such Related Committed Purchaser or LC Participant, as applicable, or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Related Committed Purchaser or LC Participant, as applicable, with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Related Committed Purchaser or LC Participant, as applicable (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Related Committed Purchaser or LC Participant, as applicable.

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Revolving Lender means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Borrower.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • New Revolving Lender as defined in Section 2.24.

  • Majority Revolving Credit Lenders means Lenders having more than 50% of the sum of all Revolving Credit Loans outstanding, LC Exposure and unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the aggregate outstanding amount of all Revolving Credit Loans and LC Exposure, held or deemed held by any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Credit Lenders.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Committed Purchaser means each Person listed as such as set forth on the signature pages of this Agreement.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).