Second Step Purchased Property definition

Second Step Purchased Property. As defined in Section 2.01 of the Trust Sale Agreement.
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Examples of Second Step Purchased Property in a sentence

  • All filings (including UCC filings) necessary in any jurisdiction to give the Issuing Entity a first priority perfected ownership interest in the Second Step Purchased Property shall have been made.

  • The following representations speak as of the Closing Date and the representations in clause (b) shall survive the sale, transfer and assignment of the Second Step Purchased Property to the Issuing Entity.

  • The Depositor shall not be under any obligation to appear in, prosecute or defend any legal action that is not incidental to its obligations as the Depositor of the Secured Notes and other Second Step Purchased Property under this Agreement and the Second Step Secured Notes Assignment and that in its opinion may involve it in any expense or liability.

  • The foregoing representation and warranty speaks as of the Closing Date, but shall survive the sale, transfer and assignment of the Secured Notes and the other Second Step Purchased Property to the Issuing Entity and the pledge thereof to the AART Indenture Trustee pursuant to the AART Indenture.

  • The Depositor further acknowledges that the Issuing Entity and its permitted assigns rely on the representations and warranties of the Depositor under this Agreement and of the Seller under the Pooling Agreement in accepting the Secured Notes and the other Second Step Purchased Property and in executing and delivering the Notes and the Certificates.

  • The Depositor makes the following representations on which the Issuing Entity is relying in acquiring the Second Step Purchased Property and issuing the Notes and Certificates.

  • The Depositor shall not be under any obligation to appear in, prosecute or defend any legal action that is not incidental to its obligations as Depositor of the COLT 20__-SN_ Secured Notes and other Second Step Purchased Property under this Agreement and the Second Step Secured Notes Assignment and that in its opinion may involve it in any expense or liability.

  • The foregoing representation and warranty speaks as of the Series 20__-SN_ Closing Date, but shall survive the sale, transfer and assignment of the COLT 20__-SN_ Secured Notes and the other Second Step Purchased Property to the Issuing Entity and the pledge thereof to the CARAT Indenture Trustee pursuant to the CARAT Indenture.

  • The following representations speak as of the Series 20__-SN_ Closing Date, but such representations shall survive the sale, transfer and assignment of the Second Step Purchased Property to the Issuing Entity and the pledge thereof to the CARAT Indenture Trustee pursuant to the CARAT Indenture.

  • The Depositor further acknowledges that the Issuing Entity and its permitted assigns rely on the representations and warranties of the Depositor under this Agreement and of Ally Financial under the Pooling and Administration Agreement in accepting the COLT 20__-SN_ Secured Notes and the other Second Step Purchased Property in trust and executing and delivering the CARAT 20__-SN_ Notes and the CARAT 20__-SN_ Certificates.

Related to Second Step Purchased Property

  • Purchased Property As defined in Section 2.01(a) of the Pooling Agreement.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Purchased Asset Documents means, with respect to a Purchased Asset, the documents comprising the Purchased Asset File for such Purchased Asset.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • Closing Date Mortgaged Property as defined in Section 3.1(i).

  • Released Property shall have the meaning set forth in Section 2.10 hereof.

  • Seller’s Interest means, at any time, a “seller’s interest” as defined in, and calculated in accordance with, Regulation RR.

  • Transition Property means the property right created by a financing order, including without

  • After-Acquired Property means any and all assets or property acquired after the date of this Indenture, including any property or assets acquired by the Company or a Guarantor from another Guarantor, which in each case constitutes Collateral.

  • Conveyed Property means the Initial Conveyed Property and the Subsequent Conveyed Property.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Contractor-acquired property means property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title.

  • Assigned Property means real and related personal property which, in the discretion of the Administrator or his designee, has been made available to the Department for transfer for public health purposes.

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Foreclosed Property The Property or other Collateral securing the Mortgage Loan, title to which has been acquired by the Special Servicer on behalf of the Trust and the Companion Loan Holders through foreclosure, deed in lieu of foreclosure or otherwise in the name of the Trustee or its nominee.

  • Purchased Student Loan means a Financed Student Loan purchased as of the close of business on the last day of a Monthly Collection Period or Collection Period, as applicable, by the Servicer pursuant to Section 3.05 of the Servicing Agreement or repurchased by the Seller pursuant to Section 3.02 of the Loan Sale Agreement.

  • Other Conveyed Property means all property conveyed by the Seller to the Trust pursuant to Section 2.1(b) through (i).

  • Purchased Interests has the meaning set forth in the Recitals.

  • Purchased Equipment means any equipment, including any Software, sold by BT to the Customer.

  • Specified Property means property for which an election has been made for a special elective benefit.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.