Subsequent Sale Agreement definition

Subsequent Sale Agreement has the meaning assigned to that term in the definition of Subsequent Transition Property.

Subsequent Sale Agreement means an agreement substantially similar to the initial Sale Agreement, relating to Subsequent Intangible Transition Property, as the same may be amended, supplemented or otherwise modified from time to time.

Subsequent Sale Agreement means a sale agreement pursuant to which Subsequent Storm-Recovery Property is transferred on a Subsequent Transfer Date.

Examples of Subsequent Sale Agreement in a sentence

• The Servicer makes the following representations and warranties, as of the Closing Date, as of each Subsequent Sale Date relating to the sale of Subsequent Intangible Transition Property pursuant to a Subsequent Sale Agreement, and as of such other dates as expressly provided in this Section 6.01, on which the Grantee is deemed to have relied in entering into this Agreement.

• The Note Issuer agrees to give the Indenture Trustee and the Rating Agencies prompt written notice of each Event of Default hereunder and each default on the part of the Grantee or the Servicer of its obligations under the Sale Agreement, any Subsequent Sale Agreement or the Servicing Agreement, respectively.

• An Opinion of Counsel that no authorization, approval or consent of any governmental body or bodies at the time having jurisdiction in the premises is required for the valid execution and delivery by the Grantee of such Subsequent Sale Agreement, except for such authorizations, approvals or consents of governmental bodies that have been obtained and copies of which have been delivered with such Opinion of Counsel.

• The most compelling evidence of governments mimicking distressed‐assets investors is provided by situations where they fully exited within around a year after entry (‘in and out’ approach).

• A certificate of a Responsible Officer of the Grantee certifying that the Grantee has duly authorized the execution and delivery of such Subsequent Sale Agreement.

More Definitions of Subsequent Sale Agreement

Subsequent Sale Agreement means any sale agreement substantially ------------------------- similar to the Sale Agreement, and entered into subsequently thereto, pursuant to which the Initial Member will sell Subsequent Transition Property to the Company.

Subsequent Sale Agreement. Each sale agreement, dated as of a Subsequent Sales Date, pursuant to which the Seller sells any Subsequent Mortgage Loans to the Depositor, which Subsequent Mortgage Loans are sold, transferred and assigned by the Depositor to the Trust.

Subsequent Sale Agreement has the meaning assigned to that term in ------------------------- the Servicing Agreement.

Subsequent Sale Agreement has the meaning assigned to that term in the definition of Subsequent Recovery Property.

Subsequent Sale Agreement means any sale agreement substantially ------------------------- similar to the Sale Agreement, and entered into subsequently thereto, pursuant to which the Initial Member will sell Subsequent Transition Property to the Company. "Subsequent Transition Property" means any transition property as ------------------------------ defined in Section 840 of the PU Code, created by the PU Code and the Financing Order and specifically described in an issuance advice letter filed with the CPUC pursuant to the Financing Order, and sold to the Company by the Initial Member pursuant to a Subsequent Sale Agreement. "Transition Property" means the "Transition Property" contemplated by ------------------- the Financing Order and to be specifically described in the issuance advice letter filed with the CPUC pursuant to the Financing Order.

Subsequent Sale Agreement. Any Subsequent Sale Agreement, between the Depositor and the Trust, in the form of Exhibit G to the Sale and Servicing Agreement, relating to the contribution or transfer to the Trust of Subsequent Mortgage Loans.

Subsequent Sale Agreement means a sale agreement pursuant to which Subsequent Storm-Recovery Property is transferred on a Subsequent Transfer Date. Subsequent Storm-Recovery Property means Storm-Recovery Property sold by the Seller to the Issuer as of a Subsequent Transfer Date pursuant to a Subsequent Sale Agreement and the bill of sale delivered on or prior to the Subsequent Transfer Date, as identified in such bill of sale, unless the applicable Additional Indenture specifies such storm-recovery property is subject to a different servicing agreement. Subsequent Transfer Date means the date that a sale of Subsequent Storm-Recovery Property will be effective, as specified in a written notice provided by the Seller to the Issuer pursuant to the Subsequent Sale Agreement. Successor Servicer means a successor Servicer appointed by the Trustee pursuant to Section 7.04 of the Servicing Agreement which succeeds to all the rights and duties of the Servicer under the Servicing Agreement. Supplemental Indenture means a supplemental indenture entered into by the Issuer and the Trustee pursuant to Article Nine of the Indenture. Tax Charges means the storm bond tax charges authorized by the Commission to be imposed on all electric Customers by FPL to recover Qualified Costs pursuant to the Financing Order. Termination Notice has the meaning set forth in Section 7.01 of the Servicing Agreement. Tranche means any one of the tranches of Storm-Recovery Bonds of any Series. Transfer Date means the Closing Date or any Subsequent Transfer Date, as applicable. Trust Indenture Act or TIA means the Trust Indenture Act of 1939, as in force on the effective date hereof the Indenture, unless otherwise specifically provided. Trustee means The Bank of New York, a New York banking corporation or its successor, as trustee under the Indenture, or any successor trustee under the Indenture, or, as the context Appendix A-18 <PAGE> requires, the trustee under any Additional Indenture, or any successor trustee under the Additional Indenture. Uniform Commercial Code or UCC means, unless the context otherwise requires, the Uniform Commercial Code, as in effect in the relevant jurisdiction, as amended from time to time. United States means the United States of America. U.S. Government Obligations means direct obligations (or certificates representing an ownership interest in such obligations) of the United States (including any agency or instrumentality thereof) for the timely payment of which the full faith and credi...