Senior Class Agent definition

Senior Class Agent means, (i) with respect to the Senior Class of which EFC is a member, Bank of America, (ii) with respect to the Senior Class of which Falcon is a member, Bank One, (iii) with respect to the Senior Class of which Windmill is a member, ABN AMRO, and (iv) with respect to any other Senior Class, the financial institution or other Person identified in any supplement hereto for such Senior Class.
Sample 1
Senior Class Agent shall have the meaning specified in the Certificate Purchase Agreement.
Sample 1
Senior Class Agent means, (i) with respect to the Senior Class of which EFC is a member, NationsBank, (ii) with respect to the Senior Class of which RCC is a member, Bank of America, and (iii) with respect to any other Senior Class, the financial institution or other Person identified in any supplement hereto for such Senior Class. "Senior Class Conduit" shall mean, with respect to any Senior Class, the Certificateholder in such Senior Class which is a multi-seller commercial paper con- duit (and if more than one Certificateholder in such Senior Class is a multi-seller commercial paper conduit, "Senior Class Conduit" shall mean such Certificateholders collec- tively). "Senior Class Facility Limit" shall mean, (i) with respect to the Senior Class of which EFC is a member, $75,000,000, and (ii) with respect to the Senior Class of which RCC is a member, $50,000,000, and (iii) with respect to any other Class, the amount indicated in any supplement hereto for such Senior Class; provided that in each case such amount may not at any time exceed the aggregate Commitments for the related Bank Investors. "Series Supplement" shall have the meaning specified in the recitals hereto. "Subordinated Note" shall have the meaning specified in the Receivables Purchase Agreements. "Taxes" shall have the meaning set forth in Section 4.3 hereof. "Telerate Page 3750" shall mean the British Bankers Association Libor Rates (determined at 11:00 a.m. London time) that are published by Dow Jones Teleratx, Xxc. "Termination Date" shall mean the earliest of (i) the Business Day designated by the Transferor to the Agent and each Senior Class Agent as the termination date at any time following 60 days' written notice to the Agent and each Senior Class Agent, (ii) the date on which a Pay Out Event is declared or automatically occurs pursuant to the Master Pooling and Servicing Agreement or the Series Supplement, (iii) the Stated Series Termination Date, (iv) two Business Days prior to the Commitment Termination Date, (v) the Reinvestment Termination Date and (vi) the date on which a Program Support Agreement shall have terminated. "Termination Event" shall, solely for the purposes of this Agreement and any Program Support Agree- ment, have the same meaning as "Pay Out Event" under the Master Pooling and Servicing Agreement and the Series Supplement. "Transaction Costs" shall have the meaning set forth in Section 4.4 hereof. "Transaction Documents" shall mean, collec- tively, this Agreement, each Receivables...
Sample 1

Examples of Senior Class Agent in a sentence

  • Upon any such resignation or removal, the members of the related Class acting jointly shall appoint a successor Senior Class Agent.

  • Upon the acceptance of any appointment as Senior Class Agent hereunder by a successor Senior Class Agent, such successor Senior Class Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Senior Class Agent, and the retiring Senior Class Agent shall be discharged from its duties and obligations under this Agreement.

  • Bidders should note that the very act of using DSC for downloading the bids and uploading their offers shall be deemed to be a confirmation that they have read all sections and pages of the bid document including General conditions of contract without any exception and have understood the entire document and are clear about the requirements of the tender requirements.

  • In the event the Senior Class Agent requests a Person's consent pursuant to the foregoing provisions and the Senior Class Agent does not receive a consent (either positive or negative) from such Person within 10 Business Days of such Person's receipt of such request, then such Person (and its percentage interest hereunder) shall be disregarded in determining whether the Senior Class Agent shall have obtained sufficient consent hereunder.

  • Each Senior Class Conduit and Bank Investor agrees that it shall not unreasonably withhold or delay its approval of the appointment of a successor Senior Class Agent.

  • Upon discovery by the Transferor, the Agent, any Senior Class Agent, any Senior Class Conduit or any Bank Investor of a breach of any of the foregoing representations and warranties, the party discovering such breach shall give prompt written notice thereof to each other party, provided that the failure by any such party to give any such notice shall not impair any of such parties' rights hereunder.

  • Each successor Senior Class Agent shall promptly notify the Transferor and the Servicer of its appointment hereunder.

  • No Bank Investor may assign all or a portion of its interests in the Senior Class Certificates, the Senior Class Certificate Principal Balance, the Trust Property or its rights and obligations hereunder to any Person unless approved in writing by the Agent, the related Senior Class Agent and the Transferor (in each case such approval not to be unreasonably withheld or delayed) and made in accordance with the Master Pooling and Servicing Agreement and the Series Supplement.

  • Record holders of INX Tokens who hold their INX Tokens in their private wallets will be eligible to receive a discount on the payment of transaction fees on the INX Digital cryptocurrency trading platform, by linking their private wallet with their INX Digital trading platform account.

  • The Transferor shall obtain the written consent of the Agent and each Senior Class Agent prior to taking any action under the Master Pooling and Servicing Agreement that would require (i) the satisfaction of the Rating Agency Condition under the Master Pooling and Servicing Agreement (whether or not any Series is then currently rated by any rating agency) or (ii) the consent of the Trustee.

Related to Senior Class Agent

  • Senior Class means (a) with respect to the Class B Notes, the Class A Notes and (b) with respect to the Class C Notes, the Class A Notes and the Class B Notes.

  • Senior Class Debt has the meaning assigned to such term in Section 8.09.

  • Senior Class Debt Parties has the meaning assigned to such term in Section 8.09.

  • Senior Class Debt Representative has the meaning assigned to such term in Section 8.09.

  • Additional Senior Class Debt has the meaning assigned to such term in Section 5.13.

  • Junior Class of Certificates The Class of Subordinate Certificates outstanding as of the date of the repurchase of a Mortgage Loan pursuant to Section 4.07 herein that has the Lowest Priority.

  • Requisite Class Lenders means, at any time of determination (i) for the Class of Lenders having Revolving Loan Exposure, Lenders having or holding more than 50% of the aggregate Revolving Loan Exposure of all Lenders, and (ii) for the Class of Lenders having Term Loan Exposure, Lenders having or holding more than 50% of the aggregate Term Loan Exposure of all Lenders.

  • Super Senior Certificates As specified in the Preliminary Statement.

  • Senior Certificates As specified in the Preliminary Statement.

  • Subordinated Class means (a) with respect to the Class A Notes, the Class B Notes and the Class C Notes and (b) with respect to the Class B Notes, the Class C Notes.

  • Group 2 Senior Certificates As specified in the Preliminary Statement.

  • Subordinate Certificates As specified in the Preliminary Statement.

  • Lead Securitization Subordinate Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement or such other analogous term used in the Lead Securitization Servicing Agreement.

  • Group I Senior Certificates As specified in the Preliminary Statement.

  • Group 1 Senior Certificates As specified in the Preliminary Statement.

  • Senior Subordinate Certificates The Class B1, Class B2 and Class B3 Certificates.

  • Group 3 Senior Certificates As specified in the Preliminary Statement.

  • Group II Senior Certificates As specified in the Preliminary Statement.

  • Secured Swap Provider means (i) a Lender or an Affiliate of a Lender (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery of a Rate Contract) who has entered into a Secured Rate Contract with Borrower, or (ii) a Person with whom Borrower has entered into a Secured Rate Contract provided or arranged by GE Capital or an Affiliate of GE Capital, and any assignee thereof.

  • Non-Lead Securitization Subordinate Class Representative means the holders of the majority of the class of securities issued in a Non-Lead Securitization designated as the “controlling class” pursuant to the related Non-Lead Securitization Servicing Agreement or their duly appointed representative; provided that if 50% or more of the class of securities issued in any Non-Lead Securitization designated as the “controlling class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” is held by the Mortgage Loan Borrower or an Affiliate of the Mortgage Loan Borrower, no person shall be entitled to exercise the rights of the related Non-Lead Securitization Subordinate Class Representative.

  • Senior Certificate As defined in the Series Supplement.

  • Senior Certificate Group As specified in the Preliminary Statement.

  • Junior Subordinate Certificates The Class B-4, Class B-5 and Class B-6 Certificates.

  • Senior Credit Support Depletion Date The date on which the Class Certificate Balance of each Class of Subordinated Certificates has been reduced to zero.

  • Class B Liquidity Provider has the meaning set forth in the Intercreditor Agreement.