Securitization Subsidiaries definition

Securitization Subsidiaries the collective reference to (i) SBA Depositor LLC, SBA Holdings LLC and each of their Subsidiaries, (ii) SBA Network Management, Inc., and (iii) the Additional Securitization Subsidiaries, if any.

Securitization Subsidiaries the collective reference to Spiegel Acceptance Corporation and Financial Services Acceptance Corporation, each a Delaware corporation and a direct Subsidiary of Holdings.

Securitization Subsidiaries the collective reference to the 2010 Securitization Subsidiaries and the Additional Securitization Subsidiaries, if any.

Examples of Securitization Subsidiaries in a sentence

• Such Loan Party has no Subsidiaries other than, in the case of the Borrower, the Securitization Subsidiaries party hereto.

• Notwithstanding the foregoing, the provisions of this Section 5.23 shall not be applicable with respect to Insured Subsidiaries, Qualified Securitization Subsidiaries and Subsidiaries of Foreign Subsidiaries, Insured Subsidiaries and Qualified Securitization Subsidiaries.

• The Lenders shall have received the latest consolidated financial statements required by Section 6.1, and there shall not have been in the reasonable judgment of the Lenders any material adverse change in the consolidated financial condition of the Parent, the Borrower, the Subsidiaries and the Securitization Subsidiaries from that reflected in such consolidated financial statements described in Section 4.1.

• Incur, assume or suffer to exist any Indebtedness (other than Indebtedness of Asset Securitization Subsidiaries incurred to finance asset securitization transactions permitted by this Agreement) in respect of the repurchase of mortgages and related assets if the aggregate principal amount of all such Indebtedness would exceed $900,000,000 at any time.

• The Lenders shall have received the consolidated financial statements described in Section 4.1, and there shall not have been in the reasonable judgment of the Lenders any material adverse change in the consolidated financial condition of the Parent, the Borrower, the Subsidiaries and the Securitization Subsidiaries from that reflected in the consolidated financial statements described in Section 4.1.

More Definitions of Securitization Subsidiaries

Securitization Subsidiaries means (i) FFC, (ii) each of FFC's Subsidiaries (whether in existence on the Effective Date or created or acquired thereafter), (iii) each other Subsidiary of the Borrower created or acquired after the Effective Date that engages in asset securitization operations or the activities of which are limited to holding the stock or securities of another Subsidiary or Subsidiaries engaged in asset securitization operations and (iv) any other Financial Services Subsidiaries which enters into asset securitization transactions after the Effective Date.

Securitization Subsidiaries as defined in the definition of “Excluded Subsidiary” in this Section 1.1.

Securitization Subsidiaries means (a) Bravo, (b) HPSC Equipment Receivables 2000-1 LLC I, a Delaware limited liability company, (c) HPSC Equipment Receivables 2000-1 LLC II, a Delaware limited liability company, and (d) any New Securitization Subsidiary, so long as no Indebtedness of any of the foregoing Persons is recourse to Borrower or any of its Subsidiaries.

Securitization Subsidiaries the collective reference to the 2005 Securitization Subsidiaries and the 2006 Securitization Subsidiaries.

Securitization Subsidiaries means (i) SBA CMBS-1 Depositor LLC, SBA CMBS-1 Holdings LLC and each of their respective Subsidiaries and (ii) SBA Network Management, Inc., in each case so long as such Persons are subject to the Securitization Arrangements.

Securitization Subsidiaries means N.A.F. Receivables Corp, a Delaware corporation; FirstCity Receivables Corp. 2, a Delaware corporation; FirstCity Receivables Corp. 3, a Delaware corporation; FirstCity Receivables Corp. 4, a Delaware corporation; FirstCity Receivables Corp. 5, a Delaware corporation; and FirstCity Receivables Corp. 7, a Delaware corporation.

Securitization Subsidiaries means Hayes Lemmerz Funding Company, LLC and Hayes Lemmerz Funding Corporaxxxx.