Substituted Obligor definition

Substituted Obligor means a single purpose company incorporated in any jurisdiction;
Substituted Obligor means a single purpose company incorporated in any jurisdiction that meets the SPV Criteria;
Substituted Obligor has the meaning specified in Clause 15.3.1;

Examples of Substituted Obligor in a sentence

  • Upon any substitution of obligor in accordance with Section 5.03, the Substituted Obligor shall succeed to, and be substituted for, and may exercise every right and power of the Company under this Indenture and the Securities with the same effect as if such Substituted Obligor had been named as the Company herein.


More Definitions of Substituted Obligor

Substituted Obligor has the meaning given in Condition 14(a);
Substituted Obligor has the meaning given in Condition 15; “Taxes” has the meaning given in Condition 13; a “Tax Deductibility Event” shall be deemed to have occurred if as a result of a Tax Law Change:
Substituted Obligor has the meaning given to it in the Conditions.
Substituted Obligor has the meaning given to it in the Conditions;
Substituted Obligor has the meaning ascribed to it in Section 6.5.
Substituted Obligor has the meaning assigned to such term in Section 4.15. “Substitution” has the meaning assigned to such term in Section 4.15.
Substituted Obligor has the meaning given in Condition 15;