Structured Purchaser definition

Structured Purchaser means any Purchaser which is a special purpose corporation, the principal business of which consists of issuing commercial paper, medium term notes or other securities to fund its acquisition and maintenance of receivables, accounts, instruments, chattel paper, general intangibles and other similar assets or interests therein, and which is identified as a Structured Purchaser in the Joinder Agreement or Transfer Supplement by which such Committed Purchaser became a party to this Agreement.
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Structured Purchaser means any Class B Purchaser whose principal business consists of issuing commercial paper, medium term notes or other securities to fund its acquisition and maintenance of receivables, accounts, instruments, chattel paper, general intangibles and other similar assets or interests therein and which is required by any nationally recognized rating agency which is rating such securities to obtain from its principal debtors an agreement such as that set forth in subsection 9.12(b) of this Agreement in order to maintain such rating.
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Structured Purchaser means Legacy Capital Company, LLC or an Eligible Lender.
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Examples of Structured Purchaser in a sentence

  • No recourse shall be had for any amount owing hereunder or any other obligation of, or claim against the Structured Purchaser arising out of or based upon this Agreement or any agreement or document entered into in connection herewith or therewith against any equity holder, member, employee, officer, agent, or manager of the Structured Purchaser or any equity holder, member, employee, officer, director, or affiliate thereof.

  • Each party hereto agrees that no liability or obligation of the Structured Purchaser hereunder for fees, expenses or indemnities shall constitute a claim (as defined in Section 101 of Title 11 of the United States Bankruptcy Code) against the Structured Purchaser unless the Structured Purchaser has received sufficient amounts pursuant to this Agreement to pay such amounts, and such amounts are not necessary to pay outstanding commercial paper issued by the Structured Purchaser.

  • Each party to this Indenture hereby acknowledges and agrees that all transactions with the Structured Purchaser under the Transaction Documents or in connection herewith shall be without recourse of any kind to the Structured Purchaser.

  • Each party to this Agreement hereby acknowledges and agrees that all transactions with the Structured Purchaser hereunder or in connection herewith shall be without recourse of any kind to the Structured Purchaser.

  • The parties to this Agreement other than each Structured Purchaser (the "Other Parties") hereby acknowledge that, pursuant to the terms of this Agreement, each Structured Purchaser is or may be required from time to time to make certain payments to one or more of the Other Parties, either as compensation for services rendered, reimbursement for out-of-pocket expenses, indemnification or otherwise.

  • For the avoidance of doubt, the provisions of this Section 6.14 shall not apply to the Structured Purchaser.

  • Each Purchaser acknowledges that Branch Banking and Trust company may act as agent for Liquidity Institutions relating to this Agreement and in various other capacities relating to the business of any Liquidity Institution and/or the Structured Purchaser.

  • No recourse shall be had for any amount owing hereunder or any other obligation of, or claim against a Structured Purchaser arising out of or based upon this Agreement or any agreement or document entered into in connection herewith or therewith against any equity holder, member, employee, officer, agent, or manager of such Structured Purchaser or any equity holder, member, employee, officer, director, or affiliate thereof.

  • The Agent shall consult with the Structured Purchaser in the determination of the CP Rate.

  • Each party to this Indenture hereby acknowledges and agrees that all transactions with a Structured Purchaser, if any, under the Transaction Documents or in connection herewith shall be without recourse of any kind to such Structured Purchaser.


More Definitions of Structured Purchaser

Structured Purchaser means Jupiter and any other Class A Purchaser whose principal business consists of issuing commercial paper, medium term notes or other securities to fund its acquisition and maintenance of receivables, accounts, instruments, chattel paper, general intangibles and other similar assets or interests therein and which is required by any nationally recognized rating agency which is rating such securities to obtain from its principal debtors an agreement such as that set forth in subsection 9.12(b) of this Agreement in order to maintain such rating.
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Structured Purchaser means (i) Market Street Capital Corp., and (ii) any Class A Purchaser whose principal business consists of issuing commercial paper, medium term notes or other securities to fund its acquisition and maintenance of receivables, accounts, instruments, chattel paper, general intangibles and other similar assets or interests therein and which is required by any nationally recognized rating agency which is rating such securities to obtain from its principal debtors an agreement such as that set forth in subsection 9.12(b) of this Agreement in order to maintain such rating.
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Related to Structured Purchaser

  • Designated Purchaser has the meaning set forth in Section 7.11(b).

  • Matured Vehicle as of any date means any Leased Vehicle the related Lease of which has reached its Maturity Date or has been terminated in connection with a Lessee Initiated Early Termination (and the Lessee is not in default under such Lease) or in connection with a Casualty Termination, which Leased Vehicle has been returned to the Servicer on behalf of the Titling Trust, if applicable.

  • Committed Purchaser means each Person listed as such as set forth on the signature pages of this Agreement.

  • Restructured Loan means a Single Family Shared-Loss Loan for which the Assuming Institution has received a Restructuring Loss payment from the Receiver. This applies to owner occupied and investor owned residences.

  • Qualified Purchaser has the meaning assigned to such term in Section 12.06(e).

  • Structured group means a group that is not randomly formed for the immediate commission of an offence and that does not need to have formally defined roles for its members, continuity of its membership or a developed structure;

  • Restricted Purchase means any payment on account of the purchase, redemption or other acquisition or retirement of any capital stock or other securities of, the Borrower.

  • Alternative Investment Vehicle means an entity created in accordance with the Operative Documents of a Borrower to make investments and that has the right to call on Capital Commitments directly from Investors.

  • Originator means the sender of the first payment order in a funds transfer.

  • Investment Vehicle means a corporation, partnership, limited partnership, limited liability company, association, or other entity, either domestic or foreign, managed by an external manager in which a board is the majority investor and that is organized in order to invest with, or retain the investment management services of, other external managers.

  • Junk vehicle means a vehicle of any age that is damaged or defective in any one or combination of any of the following ways that either makes the vehicle immediately inoperable, or would prohibit the vehicle from being operated in a reasonably safe manner upon the public streets and highways under its own power if self-propelled, or while being towed or pushed, if not self-propelled:

  • Structured settlement means an arrangement for periodic payment of damages for personal injuries established by settlement or judgment in resolution of a tort claim or for periodic payments in settlement of a workers’ compensation claim.

  • Takeout Investor means any institution which has made a Takeout Commitment and has been approved by Buyer, in its sole and absolute discretion.

  • Authorized Purchaser means an individual authorized by a Participating Entity to place orders against this contract.

  • Allocated Purchase Price means with respect to each Purchaser, the dollar amount set forth opposite such Purchaser’s name under the heading “Allocated Purchase Price” on Schedule A hereto.

  • Manufactured-home transaction means a secured transaction:

  • Portfolio Asset means an asset of an investment fund;

  • Required Purchasers means the Purchasers holding a majority of the Registrable Securities.

  • Bona fide purchaser means a person who in good faith makes a purchase without notice of any outstanding rights of others.

  • Purchase Transaction means a purchase of scrap metal, or the purchase of property described in section 10 if the knowing purchase or offer to purchase that property is not prohibited by that section, by a scrap metal dealer. The term does not include any of the following:

  • Ultimate purchaser means, with respect to any new motor vehicle or new motor vehicle engine, the first person who in good faith purchases a new motor vehicle or new motor vehicle engine for purposes other than resale.

  • Replica vehicle means every vehicle of a type required to be registered under this title not fully

  • Loan Investor means any person (including an Agency) having a beneficial interest in any mortgage loan originated, purchased or serviced by the Company or any Company Subsidiary or a security backed by or representing an interest in any such mortgage loan; and

  • Fleet Vehicle means one of a large group of New Vehicles sold to a Person (e.g., a rental car agency) which purchases in excess of ten (10) Vehicles per purchase contract for commercial use.

  • Investment Portfolio means invested assets (including cash and cash equivalents, short-term investments, bonds or other fixed income securities and equity investments).

  • Laden vehicle means, except where otherwise stated, a vehicle so laden as to attain its "maximum mass".