Securitisation Group definition

Securitisation Group means the Borrower and the other Chargors;
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Securitisation Group means the Borrower and each of its direct or indirect subsidiaries.
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Securitisation Group means the securitisation group which, as at the Closing Date, comprises each REF Note Issuer and, where applicable, each General Partner and Limited Partner of such REF Note Issuer, the IHC, the Global Cash Manager and each Global Guarantor;
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Examples of Securitisation Group in a sentence

  • Following the Restructure, the Banking Group will initially comprise the following business groups:• Banking and Securitisation Group (‘BSG’);• Equity Markets Group (‘EMG’) (except for certain activities);• Financial Services Group (‘FSG’);• Funds Management Group (‘FMG’); • Real Estate Group (‘REG’); and• Treasury and Commodities Group (‘TCG’) (except for certain activities).Upon Restructure, certain activities from EMG and TCG will be transferred to the Non-Banking Group.

  • The Securitisation Group is currently considering the feedback received, as well as continuing to consult with industry participants and to conduct subsequent work of its own.

  • If this primary financial covenant is not achieved, then this may lead to an Event of Default under the terms of the Secured Notes, which could result in the Security Trustee taking control of the Securitisation Group on behalf of the Secured Note holders.

  • The Securitisation Group manages long-term liquidity by maintaining continuity of funding through access to different market and debt instruments, raising funds in the capital markets and ensuring that diverse debt maturity profiles are maintained.

  • The pressure rise at the end of the transfer line chill is duplicated, but a second pressure rise between slow and fast fill is not.

  • The purpose of this paper prepared by the Securitisation Group of the Basel Committee is to discuss two sets of proposals that were initially outlined in the January 2001 consultative package.

  • Any cash transferred into the Securitisation Group during this period will be included within the EBITDA for the purpose of the DSCR for the following 12 months.

  • During the temporary covenant waiver period that was approved by bond holders in March 2022, any cash transferred into the Securitisation Group can be included within the EBITDA to debt service ratio for the following 12 months.

  • Peter Kappel is the former Managing Director and Head of Securitisation with DVB Bank AG in London.Previously, he was the Managing Director and Co-Head of Securitisation and Transitional Debt Finance Group with Calyon (Credit Agricole), Managing Director and Head of European Securitisation Group with Dresdner Kleinwort Wasserstein, and Director and Head of Structured Finance with Nomura International, all based in London.

  • 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.


More Definitions of Securitisation Group

Securitisation Group means the First Securitisation Group and the Second Securitisation Group;
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Securitisation Group means the Borrower and each of its direct or indirect subsidiaries;
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Related to Securitisation Group

  • securitisation position means an exposure to a securitisation;

  • securitisation means a transaction or scheme, whereby the credit risk associated with an exposure or pool of exposures is tranched, having both of the following characteristics:

  • Corporation Group means the Corporation, its affiliate, successors and permitted

  • Aggregation Group means either a Required Aggregation Group or a Permissive Aggregation Group as hereinafter determined.

  • Structured group means a group that is not randomly formed for the immediate commission of an offence and that does not need to have formally defined roles for its members, continuity of its membership or a developed structure;

  • the Group means the Company and its subsidiary undertakings (if any); and

  • Risk retention group means any corporation or other limited liability association:

  • Required Aggregation Group means: (i) each qualified plan of the Employer in which at least one Key Employee participates at any time during the Determination Period; and (ii) any other qualified plan of the Employer which enables a plan described in clause (i) to meet the requirements of Code Section 401(a)(4) or of Code Section 410.

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • Securitisation Regulation means Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation, and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU and Regulations (EC) No 1060/2009 and (EU) No 648/2012, as such may be amended, supplement or replaced from time to time;

  • Securitization means one or more sales by a Note Holder of all or a portion of such Note to a depositor, who will in turn include such portion of such Note as part of a securitization of one or more mortgage loans.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • EU Securitisation Regulation means Regulation (EU) 2017/2402 of the European Parliament and of the Council of December 12, 2017 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation and amending certain other European Union directives and regulations, as amended and in effect from time to time.

  • Permissive Aggregation Group means the Required Aggregation Group of plans plus any other plan or plans of the Employer which, when considered as a group with the Required Aggregation Group, would continue to satisfy the requirements of Code Sections 401(a)(4) and 410.

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

  • Mortgage Group Either of Group One or Group Two.

  • DBS Group means DBS Bank Ltd, its subsidiaries, affiliates, branches and related companies.

  • Securitization Vehicle shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Securitization Transfer The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly-issued or privately-placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Group the Company and its subsidiaries

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Securitization Entity means a Wholly Owned Subsidiary of the Borrower (or another Person in which the Borrower or any Subsidiary of the Borrower makes an Investment and to which the Borrower or any Subsidiary of the Borrower transfers accounts receivable and related assets) which engages in no activities other than in connection with the financing of accounts receivable and which is designated by the Board of Directors of the Borrower (as provided below) as a Securitization Entity (i) no portion of the Indebtedness or any other obligations (contingent or otherwise) of which (A) is guaranteed by the Borrower or any Restricted Subsidiary of the Borrower (excluding guarantees of obligations (other than the principal of, and interest on, Indebtedness) pursuant to Standard Securitization Undertakings); (B) is recourse to or obligates the Borrower or any Restricted Subsidiary of the Borrower in any way other than pursuant to Standard Securitization Undertakings; or (C) subjects any property or asset of the Borrower or any Restricted Subsidiary of the Borrower, directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to Standard Securitization Undertakings; (ii) with which neither the Borrower nor any Restricted Subsidiary of the Borrower has any material contract, agreement, arrangement or understanding other than on terms, taken as a whole, no less favorable to the Borrower or such Restricted Subsidiary than those that might be obtained at the time from Persons that are not Affiliates of the Borrower, other than fees payable in the ordinary course of business in connection with servicing receivables of such entity, standard Securitization Undertakings and other terms, including Purchase Money Notes, typical in Securitization Transactions; and (iii) to which neither the Borrower nor any Restricted Subsidiary of the Borrower has any obligations to maintain or preserve such entity’s financial condition or cause such entity to achieve certain levels of operating results. Any such designation by the Board of Directors of the Borrower shall be evidenced to the Agent (for distribution to the Lenders) by filing with the Agent a certified copy of the Board Resolution of the Borrower giving effect to such designation and an Officers’ Certificate certifying that such designation complied with the foregoing conditions.

  • Lead Securitization PSA means the Note A-1 PSA.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).