Special Purpose Corporation definition

Special Purpose Corporation means a corporation established to acquire and own an aircraft which is to be leased out;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Special Purpose Corporation means any corporation that pursuant to its charter and by laws:

Special Purpose Corporation means any consolidated subsidiary of the Issuer incorporated solely for the purposes of issuing instruments constituting the Issuer’s regulatory capital.

Examples of Special Purpose Corporation in a sentence

Upon such execution, delivery and consent, such UniCapital Subsidiary Trust or UniCapital Special Purpose Corporation (as the case may be) shall for all purposes be a party hereto as a Borrower as fully as if it had executed and delivered this Agreement.
In respect of the purchase of the Aircraft or a sale leaseback of the Aircraft, IAE agrees that AAH may assign the Contract with respect to the particular affected Aircraft to an affiliated Special Purpose Corporation or the purchaser/lessor in a sale leaseback transaction.
Notwithstanding Section 12.1, in the event of a Dissolution Event or other dissassociation of the Manager from the Company, the Company shall appoint a new Special Purpose Corporation as the Manager and deliver an acceptable non-consolidation opinion to the holder of the Mortgage Loan and to any applicable rating agency concerning, as applicable, the Company, the new Manager Special Purpose Corporation and its owners.
As an inducement to the Insurer to issue and deliver the Note Policy, the Issuer and the Insurer have executed and delivered the Insurance and Indemnity Agreement, dated as of March 1, 1999 (as amended from time to time, the "Insurance Agreement"), among the Insurer, the Issuer, Triad Financial Corporation, and Triad Financial Special Purpose Corporation II ("TFSPC II").
On the Effective Date, the Credit Parties intend to ----------- transfer substantially all of their Receivables to Special Purpose Corporation pursuant to the Receivables Documents.

More Definitions of Special Purpose Corporation

Special Purpose Corporation means a corporation formed to own Common Equity Interests of the Company or Holdings.

Special Purpose Corporation means a corporation formed for the purpose of holding an interest in the Control Group.

Special Purpose Corporation means a trust or limited liability company organized under the laws of any State of the United States of America which was organized and is operated solely for the purpose of securitizing loans and accounts receivable of the Company or any Subsidiary and which has no assets or liabilities except those relating to such purpose.

Special Purpose Corporation means a special purpose corporation that meets the requirements of the Lender. The initial Special Purpose Corporation member shall be Hurstbourne.

Special Purpose Corporation means Golf Funding Corporation, a --------------------------- Delaware corporation.

Special Purpose Corporation means any of our consolidated subsidiaries incorporated solely for the purposes of issuing instruments constituting our regulatory capital.

Special Purpose Corporation means a special purpose corporation that meets the requirements of the Lender. The initial Special Purpose Corporation member shall be Houston Hotel, Inc., a Nevada corporation.