Securitization Special Purpose Entity definition

Securitization Special Purpose Entity means a Person (including, without limitation, a Restricted Subsidiary) created in connection with the transactions contemplated by a Qualified Securitization Transaction, which Person engages in no activities and holds no assets other than those incidental to such Qualified Securitization Transaction.
Securitization Special Purpose Entity means a Person (including, without limitation, a Restricted Subsidiary) created in connection with the transactions contemplated by a Qualified Securitization Transaction, which Person engages in no business or activities other than in connection with the acquisition, disposition and financing of Securitization Assets and any business or activities incidental or related thereto and holds no assets other than Securitization Assets and other assets incidental or related to such Qualified Securitization Transaction.
Securitization Special Purpose Entity means a Person (including, without limitation, a Restricted Subsidiary) created in connection with the transactions contemplated by a Qualified Securitization Transaction, which Person engages in no activities and holds no assets other than those incidental to such Qualified Securitization Transaction;

Examples of Securitization Special Purpose Entity in a sentence

  • The rationale behind this is that many investors are not concerned whether or not the underlying assets are the property of the SSPE (Securitization Special Purpose Entity), but rather that they receive cash flows from the security as if the SSPE owned them.


More Definitions of Securitization Special Purpose Entity

Securitization Special Purpose Entity means a legal person
Securitization Special Purpose Entity means a securitization special purpose entity under article 4(1) point 66 of the Regulation,
Securitization Special Purpose Entity means a Person (including, without limitation, a Restricted Subsidiary) created in connection with the transactions contemplated by a Qualified Receivables Facility, which Person engages in no activities and holds no assets other than those incidental to such Qualified Receivables Facility.
Securitization Special Purpose Entity means a Person (including, without limitation, a restricted Subsidiary) created in connection with the

Related to Securitization Special Purpose Entity

  • Special Purpose Entity means a direct or indirect subsidiary of Holdings, whose organizational documents contain restrictions on its purpose and activities and impose requirements intended to preserve its separateness from Holdings and/or one or more Subsidiaries of Holdings.

  • Special purpose spray adhesive means an aerosol adhesive that meets any of the following definitions: