Securitisation Group definition
Examples of Securitisation Group in a sentence
The beneficial interest in any of the issued share capital of any of the Borrowers ceases to be held directly or indirectly by the Securitisation Group Parent or another Obligor, except if such issued share capital has been disposed of by way of a Permitted Disposal.
The Initial Borrower hereby accepts its appointment as agent of the Securitisation Group Parent and, upon the appointment of the Initial Borrower by any Additional Borrower, each Additional Borrower in accordance with the provisions of Clause 5.1 (Appointment of the Initial Borrower).
To the extent that any agreement, arrangement or concerted practice or conduct in which a member of the MAB Group is or has been involved (including any tie arrangements in any tenancy agreement) relates to any business disposed of prior to or as a result of the Demerger, none of the same is the subject of any actual, potential or contingent claim (including under any indemnity) on the Securitisation Group under or in respect of the Demerger Agreements.
So far as it is aware, having made all due and careful enquiries as at the date of the KPMG Securitisation Paper, no member of the Group had any rights, obligations or liabilities in respect of the Securitisations or the Securitisation Group other than as set out in the KPMG Securitisation Paper, the Accountants Report, the Legal Reports, the Information Pack and Securitisation Documents.
Any other members of the Securitisation Group may (subject to clause 6.2) accede as an Obligor under this Agreement by executing an Obligor Accession Deed in the form set out in Schedule 5.
In the case of the Borrower only, the calculations required from the Securitisation Group for the production of the Investor Reports were, as at the date given or stated to be given, undertaken accurately and the contents of each Investor Report are true, accurate and not misleading.
We confirm (on behalf of the Securitisation Group) that, at the date hereof, the [Representations set out at Clause 13 (Representations and Warranties) of the Issuer/Borrower Facility Agreement]/ [Repeating Representations] are true and correct and will be true and correct immediately after the Term Advance is made1; * Strike out as appropriate 1 First square bracket applies to Initial Term Advances.
We confirm (on behalf of the Securitisation Group) that no Loan Event of Default or Potential Loan Event of Default has occurred and is continuing (and has not been waived) or would result from the making of the Term Advance.