Special Purpose Entities definition

Special Purpose Entities means Affiliates of the Company formed for the specific purpose of securitizing auto loan receivables or facilitating the Company's warehouse, residual and other financing facilities.

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Special Purpose Entities has the meaning given to that term under U.S. accounting rules governing consolidation, including proposed rules and interpretations of the Financial Accounting Standards Board, such as those contained in guidance (as proposed or as finally adopted) interpreting Statement of Financial Accounting Standard 94, Consolidation of all Majority-Owned Subsidiaries and Accounting Research Bulletin No. 51, Consolidated Financial Statements.

Special Purpose Entities means limited liability companies or limited partnerships which own a Mortgaged Property and in which Borrower holds a controlling interest.

Examples of Special Purpose Entities in a sentence

The Company intends on purchasing interests in Special Purpose Entities (SPEs) as defined in Article 6.13.2.
It shall not incur or assume or guarantee any indebtedness, obligations (including contingent obligations) or other liabilities, or issue any additional securities, whether debt or equity, in each case other than (i) pursuant to or as expressly permitted by of this Agreement or (ii) pursuant to customary indemnification and expense reimbursement and similar provisions under the Related Documents or otherwise in the ordinary course of business as is customary for Special Purpose Entities.
The right to recover the RBC has been transferred to one or more Special Purpose Entities that issued the bonds and does not belong to PG&E.
The Manager shall be entitled to rely upon the advice of legal counsel, independent public accountants, developers and other experts, including financial advisors, and any act of or failure to act by the Manager in good faith reliance on such advice shall in no event subject the Manager or any of its members, officers, employees, agents or Affiliates to liability to the Company, the Members, the Unit Holders, or the Special Purpose Entities.
The Borrower shall furnish to the Lenders an opinion of counsel for the Borrower, the Guarantor and the Special Purpose Entities in form and substance reasonably acceptable to the Lenders.

More Definitions of Special Purpose Entities

Special Purpose Entities means (i) Aegis Auto Funding Corp., Aegis Auto Funding Corp. II, and Aegis Auto Funding Corp. IV, each a Delaware corporation; (ii) Aegis Auto Receivables 1994-▇, ▇▇▇▇▇ ▇▇▇o Receivables 1994-▇, ▇▇▇▇▇ ▇▇▇o Receivables 1994-3 and Aegis Auto Receivables 1995-1, each a Delaware limited partnership; (iii) all of the grantor trusts or similar trusts established by one of the foregoing Special Purpose Entities pursuant to a master trust agreement, pooling and servicing agreement or similar agreement entered into in connection with the sales of pass-through certificates or other asset-backed securities issued by such trust or another Special Purpose Entity.

Special Purpose Entities means Hangzhou Sky Network Technologies Co., Ltd. , Hangzhou Fanyi Technologies Co., Ltd. , and Hangzhou Mijia Technologies Co., Ltd. , each of which a company incorporated under the PRC Laws.

Special Purpose Entities means the legal entity or combination of legal entities with continuing control of the HOME Project and conforms with the requirements of 25 C.C.R. § 8313.2.

Special Purpose Entities means the legal entity or combination of legal entities with continuing control of the HOME Project

Special Purpose Entities means (i) Aegis Auto Funding Corp., Aegis Auto Funding Corp. II, and Aegis Auto Funding Corp. IV, each a Delaware corporation; (ii) Aegis Auto Receivables 1994-A, Aegis Auto Receivables 1994-2, Aegis Auto Receivables 1994-3 and Aegis Auto Receivables 1995-1, each a Delaware limited partnership; (iii) all of the grantor trusts or similar trusts established by one of the foregoing Special Purpose Entities pursuant to a master trust agreement, pooling and servicing agreement or similar agreement entered into in connection with the sales of pass-through certificates or other asset-backed securities issued by such trust or another Special Purpose Entity.

Special Purpose Entities means collectively any Entities, each of which shall be, either directly or through the Joint Venture Entity, under the equal control of the Groups (including their management and governance), organized by the Alliance to accomplish the Alliance's business objectives as set forth in or agreed pursuant to this Agreement, including the Joint Venture Entity, the LLC, any Future Development Entity and each Network Entity.

Special Purpose Entities or “Special Purpose Entity” has the meaning set forth in the Senior Loan Agreement.