Selling Institution definition

Selling Institution means an entity (including, but not limited to, the Seller) obligated to make payments to the Borrower under the terms of a Participation Interest.

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Selling Institution. The entity obligated to make payments to the Issuer under the terms of a Participation Interest.

Selling Institution means an institution which satisfies the applicable Rating Requirement from whom a Participation is granted.

Examples of Selling Institution in a sentence

INTRODUCTION INVESTMENT OPTIONS CHOOSING A UNIT CLASS Purchase Amount Initial Sales Charge Selling Institution Commission $0 - $999,999 4.75% 4.25% $1,000,000 + none 1.00% Purchase Amount Up-Front Sales Charge Selling Institution Commission $0 - $249,999 3.
Rights of Accumulation apply to all investments made by an account owner and members of the immediate family of an account owner in the Plan with combined assets that reach the breakpoint discount level in Class A units described below: The majority of the Up-Front Sales Load is paid to State Farm with the remainder going to the Program Manager (see Selling Institution Compensation).
The Collateral Manager shall direct, or shall cause the Borrower or the Transferor to direct, any agent or administrative agent for each Loan Asset to remit all payments and collections with respect to such Loan Asset, and, if applicable, to direct the Obligor or Selling Institution, as applicable, with respect to such Loan Asset to remit all such payments and collections with respect to such Loan Asset directly to the Collection Account.
Upon initial purchase of any Delayed Drawdown Collateral Obligation or Revolving Collateral Obligation, funds deposited in the Revolver Funding Account in respect of such Collateral Obligation and Selling Institution Collateral deposited with the Selling Institution in respect of such Collateral Obligation shall be treated as part of the purchase price therefor.
The Dealer Reallowance is the commission, expressed as a portion of the contribution made by an Account Owner, that the Program Manager will pay to the applicable Selling Institution.

More Definitions of Selling Institution

Selling Institution means an institution from which a Participation is acquired.

Selling Institution means in respect of any Loan Asset which constitutes a participation interest, the Person which has granted or sold to the Borrower a participation interest in the loan or other extension of credit which is the subject of such Loan Asset.

Selling Institution has the meaning given to such term in the Reference Obligation Indenture.

Selling Institution. The entity obligated to make payments to the Borrower under the terms of a Participation Interest.

Selling Institution means the entity obligated to make payments to the Issuer under the terms of a Participation Interest.

Selling Institution. An institution from which the Originator acquires a Participation which it sells to the Seller or from which the Seller acquires a Participation, as applicable.

Selling Institution. Any institution from which a Participation is acquired by the Issuer.