Examples of SUBI Seller in a sentence
No proceeds received by the SUBI Seller under this Agreement will be used by it for any purpose that violates Regulation U of the Federal Reserve Board.
Each of the SUBI Seller and the Purchaser agrees to release and waive all claims against or with respect to any Titling Trust Assets other than, in the case of the SUBI Seller, the Titling Trust Assets included from time to time in the UTI or any Other SUBI and proceeds therefrom or, in the case of the Purchaser, the SUBI Assets, and, in each case, in the event that such release is not given effect, to fully subordinate all claims it may be deemed to have against such released assets.
If an Event of Default shall have occurred and be continuing, such Seller shall provide or, in the case of the SUBI Seller, cause the Titling Trust to provide such access at all times and without advance notice and shall provide the Purchaser (or such Person as the Purchaser may designate) with access to its suppliers and customers.
Such Seller shall transfer and cause its Subsidiaries (including, in the case of the SUBI Seller, the Titling Trust) to transfer to the Purchaser or the Servicer on its behalf, promptly, and in any event no later than the second (2nd) Business Day after receipt thereof, all Collections it may receive in respect of CEF Assets.
Such Seller shall authorize or, in the case of the SUBI Seller, shall cause the Titling Trust to authorize such officers, employees and independent accountants to discuss with the Purchaser (or such Person as the Purchaser may designate) the affairs of such Seller as such affairs relate to the CEF Assets or, in the case of the SUBI Seller, the SUBI Assets.
Such Seller shall comply with all federal, state and local laws and regulations applicable to it and the related CEF Assets and, in the case of the SUBI Seller, the SUBI Assets including those relating to truth in lending, fair credit billing, fair credit reporting, equal credit opportunity, fair debt collection practices, privacy, licensing and taxation, except to the extent that the failure to so comply, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.
Such Seller shall at its own cost and expense, for not less than three (3) years from the date on which each Receivable was originated, or for such longer period as may be required by law, maintain or, in the case of the SUBI Seller, cause the Titling Trust to maintain adequate Records with respect to such Receivable, including records of all payments received, credits granted and merchandise returned with respect thereto.
If to GE Capital: General Electric Capital Corporation 200 Xxxxxxx 0 Norwalk, Connecticut 06851 Attention: General Counsel Telephone: (000) 000-0000 Facsimile: (000) 000-0000 If to the SUBI Seller: GE Capital Title Holding Corp.
Such Seller shall at its own cost and expense, for not less than three (3) years from the date on which each [Loan] [Receivable] was originated, or for such longer period as may be required by law, maintain [or, in the case of the SUBI Seller, cause the Titling Trust to maintain] adequate Records with respect to such [Loan] [Receivable], including records of all payments received, credits granted and merchandise returned with respect thereto.
Such Seller shall, to the extent applicable to it, act [and, in the case of the SUBI Seller, cause the Titling Trust to act] in a manner that is consistent with the statements set forth in Exhibit [4.2] [4.3](f).