Securitization Provider definition

Securitization Provider means (a) the PNC Securitization Parties for so long as the PNC Securitization is in effect and (b) any other person designated by the Borrower as a “Securitization Provider” in connection with a Securitization Financing entered into by the Borrower or any of its subsidiaries or a Securitization Subsidiary from time to time.
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Securitization Provider means (i) on the Closing Date, each of Mizuho Bank, Ltd., Scotia Capital Inc., BNP Paribas and Xxxxxx Leasing Corporation, including their successors and assigns, and (ii) from time to time after the Closing Date, each other Person that agrees to provide third-party vendor financings to a Borrowing Base Party.
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Securitization Provider means each of Mizuho Bank, Ltd., Scotia Capital Inc., BNP Paribas and Xxxxxx Leasing Corporation, including their successors and assigns.
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More Definitions of Securitization Provider

Securitization Provider in connection with a Securitization Financing entered into by the Borrower or any of its subsidiaries or a Securitization Subsidiary from time to time.
Sample 1
Securitization Provider means each of Mizuho Bank, Ltd., Scotia Capital Inc., BNP Paribas and Marlin Leasing Corporation, including their successors and assigns.
Sample 1
Securitization Provider means (i) on the Closing Date, each of Mizuho Bank, Ltd., Scotia Capital Inc., BNP Paribas and Marlin Leasing Corporation, including their successors and assigns, and (ii) from time to time after the Closing Date, each other Person that agrees to provide third- party vendor financings to a Borrowing Base Party.
Sample 1

Related to Securitization Provider

  • Receivables Entity means a wholly-owned Subsidiary of the Company, including Constellation Brands Sales Finance LLC and Crown Sales Finance LLC, which engages in no activities other than in connection with the financing of Receivables of the Receivables Sellers and which is designated (as provided below) as a “Receivables Entity” (a) no portion of the Indebtedness or any other obligations (contingent or otherwise) of which (i) is guaranteed by the Company or any other Subsidiary of the Company (excluding guarantees of obligations (other than the principal of, and interest on, Indebtedness)) pursuant to Standard Securitization Undertakings, (ii) is recourse to or obligates the Company or any other Subsidiary of the Company in any way (other than pursuant to Standard Securitization Undertakings) or (iii) subjects any property or asset of the Company or any other Subsidiary of the Company, directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to Standard Securitization Undertakings, (b) with which neither the Company nor any of its Subsidiaries has any contract, agreement, arrangement or understanding (other than pursuant to the Permitted Receivables Facility Documents (including with respect to fees payable in the ordinary course of business in connection with the servicing of accounts receivable and related assets)) on terms less favorable to the Company or such Subsidiary than those that might be obtained at the time from persons that are not Affiliates of the Company (as determined by the Company in good faith), and (c) to which neither the Company nor any other Subsidiary of the Borrower has any obligation to maintain or preserve such entity’s financial condition or cause such entity to achieve certain levels of operating results. Any such designation shall be evidenced to the Administrative Agent by filing with the Administrative Agent an officer’s certificate of the Company certifying that, to the best of such officer’s knowledge and belief after consultation with counsel, such designation complied with the foregoing conditions.