Examples of SPV Administrator in a sentence
In terms of the Collections SPV Administration Agreement, the Collections SPV Administrator is obliged to transfer payments allocated to Participating Assets which are paid into the Collections Accounts to the Transaction Account not later than 16h30 on each Business Day, following the Business Day on which such amounts are received in the Collections Accounts.
SATDF, as Collections SPV Administrator, will identify payments on Participating Assets and sweep these daily into the Issuer’s Transaction Account.
If any stamp duty, registration taxes, or any other similar duties or taxes are required to be paid with respect to any Transaction Documents or any document referred to in it, the Main SPV Administrator shall promptly arrange for the document to be stamped and the duties or taxes paid for by the Main SPV.
If any Transaction Document is subject to stamp duty and counterparts or duplicates of any Transaction Document are executed, the Main SPV Administrator shall ensure that all the counterparts or duplicates are duly stamped and shall then deliver a stamped counterpart or duplicate to each other Transaction Party to such Transaction Document as soon as practicable.
Law enforcement is necessary if any laws were broken during the incident (e.g. driving under the influence).
The SPV Administrator is considered a related party as Richard van Vliet is a Director of the Company and of the SPV Administrator.Fees payable are as follows:The Investment Adviser is entitled to receive an investment advisory fee of 0.68% per annum of the Gross Asset Value of the Class Fund.
The SPV Administrator shall be required to pay all expenses incurred by it in connection with its activities hereunder, including fees and disbursements of independent accountants, taxes imposed on the SPV Administrator and expenses incurred in connection with distributions and reports to any other party hereto.
No information, exhibit or report furnished by the SPV Administrator to the Funding Note Issuer, the Eligible Lender Trustee or the Conduit Administrator in connection with this Agreement contains any material misstatement.
The Possible AT-Commands are defined in ETSI TS 100 916 i.e. GSM 07.07.If you read this ETS you must bear in mind that not all definitions are mandatory.
Any reasonable expenses related to such inspections shall be reimbursable directly by the SPV Administrator.