Seller Termination Date definition

Seller Termination Date means the “Termination Date” under, and as defined in, any Originator Sale Agreement.
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Seller Termination Date has the meaning set forth in Section 8.01(b).
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Seller Termination Date is defined in Section 7.4.
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Examples of Seller Termination Date in a sentence

  • From and after any Mandatory Seller Termination Date, the Company shall cease buying Receivables and other Related Rights from the related Seller.

  • In accordance with Section 2.8(g) hereof, as amended by Amendment No. 1 to the Pooling Agreement, and the procedure set forth in Section 10.1 hereof, the Trustee acknowledges that as of the 1996 Seller Termination Date (as defined herein), Bxxxx & Rxxxxx, Inc., B&G Foods, Inc., Bxxxx & Gxxxxxxxxxxx, Inc., and Roseland Manufacturing, Inc.

  • Upon the 1996 Seller Termination Date and simultaneously with the payment to the Trustee of the Purchase Price (as defined below), the Trustee agrees to sell, assign and convey to the Company (without recourse, representation or warranty) all right, title and interest of the Trust in the Receivables originated by the 1996 Terminated Sellers and other Trust Assets related to such Receivables originated by a 1996 Terminated Seller, and all proceeds thereof.

  • Each such Seller shall be released as a Seller party hereto for all purposes and shall cease to be a party hereto on the date that is the later of (A) 90 days after the Mandatory Seller Termination Date and (B) the date on which all amounts outstanding with respect to Receivables previously sold by such Seller to the Company have been collected or written off in accordance with the Credit and Collection Policy of such Seller.

  • From and after any Mandatory Seller Termination Date, the Buyer shall cease buying Receivable Assets from the related Seller.

  • Upon the 1997 Seller Termination Date and simultaneously with the payment to the Trustee of the Purchase Price (as defined below), the Trustee agrees to sell, assign and convey to the Company (without recourse, representation or warranty) all right, title and interest of the Trust in the Receivables originated by the 1997 Terminated Sellers and other Trust Assets related to such Receivables originated by each 1997 Terminated Seller, and all proceeds thereof.

  • In accordance with Section 2.8(g) hereof, as amended by Amendment No. 1 to the Pooling Agreement, and the procedure set forth in Section 10.1 hereof, the Trustee acknowledges that as of the 1997 Seller Termination Date (as defined herein), Gai's Seattle French Baking Company, Lxxxxxxxxx Baking Co. of Seattle, Inc.

  • If both such approvals are not obtained, or if an opinion of Seller's legal counsel with respect to such approvals in substantially the form attached as Exhibit G hereto is not delivered to Purchaser within twenty (20) days after the date of this Agreement, the date of the Seller Termination Date pursuant to Section 10.1(b) and the time afforded Purchaser to raise funds as provided in Section 10.1(d) shall be extended by the amount of the delay in obtaining such approvals or delivering such opinion.

  • Each such Seller shall be released as a Seller party hereto for all purposes and shall cease to be a party hereto on the date that is the later of (i) 90 days after the Permissive Seller Termination Date and (ii) the date on which all amounts outstanding with respect to Receivables previously sold by such Seller to the Company have been collected or written off in accordance with the Credit and Collection Policy of such Seller.

  • The Seller will not enter into any amendment or modification of, or supplement to, the Sale Agreement or the Seller's certificate of incorporation; provided, however, that subject to compliance with the provisions of the Sale Agreement, amendments to the Sale Agreement to reflect a Mandatory Seller Termination Date or a Permissive Seller Termination Date may be made with the consent of the Administrative Agent.


More Definitions of Seller Termination Date

Seller Termination Date has the meaning set forth in Section 4.4(a)(iii).
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Seller Termination Date means the date on which a Seller shall exit from the Securitisation Programme and shall cease permanently to have the status of Seller, so that it is not entitled to participate any longer to the Securitisation Programme, namely the date on which:
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Seller Termination Date means the day which is one hundred and twenty (120) days after the date hereof (provided that such date may be extended by up to twenty (20) days at the option of Buyers if the occurrence of force majeure events prevent a closing condition or conditions from being satisfied by Buyers).
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Seller Termination Date means May 21, 1998.
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Seller Termination Date means April 22, 2014.
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Seller Termination Date means the “Termination Date” under, and as defined in, any Originator Sale Agreement. “Seller Termination Event” means a “Seller Termination Event” under, and as defined in, any Originator Sale Agreement. “Servicer Default” has the meaning specified in Section 2.9 (Servicer Default) of the Servicing Agreement.
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Related to Seller Termination Date

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Purchase and Sale Termination Date has the meaning set forth in Section 1.4 of the Sale Agreement.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Agreement Termination Date is defined in Section 7.4.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Lease Termination Date means the last day of the Lease Term.

  • Revolver Termination Date means the date that is the three (3) year anniversary of the Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Purchase and Sale Termination Event has the meaning set forth in Section 8.1 of the Sale Agreement.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Servicer Termination Notice Defined in Section 6.15.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Lender shall have been made).

  • Servicer Termination Events (or any analogous term under the Lead Securitization Servicing Agreement) include customary market termination events with respect to failure to make advances, failure to timely remit payments to the Non-Lead Note Holders as required hereunder or under the Lead Securitization Servicing Agreement (subject to no more than one business day grace period), failure to timely deposit amounts into any REO Account or to remit to a Servicer for deposit into a related collection or custodial account, failure to deliver (or cause to be delivered) materials or information required in order for each Non-Lead Note Holder or each Non-Lead Depositor to timely comply with its obligations under the Exchange Act, the Securities Act and Form SF-3, and for rating agency downgrades or other triggers with respect to any certificates issued in connection with a Non-Lead Securitization, subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will not cause a Non-Lead Depositor to fail to comply with the applicable provisions of such securities laws). Upon the occurrence of such a Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Securitization Note Holder and the Master Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Master Servicer shall be required, upon the direction of such Non-Lead Securitization Note Holder, to appoint a subservicer with respect to such Non-Lead Securitization Note. Upon the occurrence of a Servicer Termination Event with respect to the Special Servicer affecting a Non-Lead Securitization Note Holder and the Special Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Securitization Note Holder, terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan;

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.