Terminating Financial Institution definition

Terminating Financial Institution has the meaning set forth in Section 4.6(b).

Terminating Financial Institution has the meaning set forth in Section 13.6(a).

Terminating Financial Institution means (a) a Non-Renewing Financial Institution that is deemed a “Terminating Financial Institution” in accordance with Section 4.6(b) or (b) any Financial Institution that has designated a Financial Institution Termination Date in accordance with clause (b) of the definition thereof.

Examples of Terminating Financial Institution in a sentence

• This ratable portion shall be calculated on the Termination Date of each Terminating Financial Institution as a percentage equal to (i) Capital of such Terminating Financial Institution outstanding on its Termination Date, divided by (ii) the Aggregate Capital outstanding on such Termination Date (the “Termination Percentage”).

• This ratable portion shall be calculated on the Termination Date of each Terminating Financial Institution as a percentage equal to (i) Capital of such Terminating Financial Institution outstanding on its Termination Date, divided by (ii) the Aggregate Capital outstanding on such Termination Date (the "Termination Percentage").

• The applicable ratable portion shall be calculated, with respect to any Terminating Financial Institution or applicable Company, on the Termination Date of each Terminating Financial Institution or applicable Company as a percentage equal to (i) the Capital of such Terminating Financial Institution or applicable Company outstanding on its Termination Date, divided by (ii) the Aggregate Capital outstanding on such Termination Date (the “Termination Percentage”).

• Each Terminating Financial Institution shall be allocated a ratable portion of Collections and Deemed Collections from the date of its becoming a Terminating Financial Institution (the “Termination Date”) until such Terminating Financial Institution’s Capital shall be paid in full.

• Each Terminating Financial Institution shall be allocated a ratable portion of Collections from the Liquidity Termination Date that such Terminating Financial Institution did not consent to extend (as to such Terminating Financial Institution, the “Liquidity Provider Termination Date”), until such Terminating Financial Institution’s Capital shall be paid in full.

More Definitions of Terminating Financial Institution

Terminating Financial Institution in Exhibit I to the Purchase Agreement is replaced by a reference to "Section 12.3".

Terminating Financial Institution means (i) any Affected Financial Institution or Non-Renewing Financial Institution which has not assigned all of its rights and obligations hereunder pursuant to Article XII, and (ii) a Financial Institution (a) to which the related Conduit has assigned such Financial Institution’s Pro Rata Share of the Purchaser Interests then held by such Conduit, or (b) which, pursuant to the applicable Liquidity Agreement, has had its Liquidity Commitment under the Liquidity Agreement and Back-up Commitment hereunder terminated by the Conduit, in either such case in connection with such Financial Institution’s decision not to renew its Liquidity Commitment under such Liquidity Agreement or its Back-up Commitment hereunder or such Financial Institution’s becoming an Affected Financial Institution.

Terminating Financial Institution has the meaning set ----------------------------------- forth in Section 4.6. -----------

Terminating Financial Institution has the meaning set forth in Section 4.6(a). Exh. I-22 AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT

Terminating Financial Institution means (i) any Non-Renewing Financial Institution which has not assigned all of its rights and obligations hereunder pursuant to Article XII, and (ii) if a “purchaser” or “lender” party to a Liquidity Agreement, a Financial Institution (a) to which the related Conduit has assigned such Financial Institution’s Pro Rata Share of the Purchaser Interests then held by such Conduit, or (b) which, pursuant to the applicable Liquidity Agreement, has had its Liquidity Commitment under the Liquidity Agreement and Back-up Commitment hereunder terminated by the Conduit, in either such case in connection with such Financial Institution’s decision not to renew its Liquidity Commitment under such Liquidity Agreement or its Back-up Commitment hereunder.

Terminating Financial Institution has the meaning set forth in Section 4.4(b). “Termination Date” has the meaning set forth in Section 2.2(c). “Termination Percentage” has the meaning set forth in Section 2.2(c). “Term SOFR” means, (a) for any calculation with respect to any portion of the Asset Portfolio or Capital funded at Term SOFR, the Term SOFR Reference Rate for a tenor comparable to the applicable Term SOFR Settlement Period on the day (such day, the “Periodic Term SOFR Determination Day”) that is two (2) U.S. Government Securities Business Days prior to the first

Terminating Financial Institution means any Financial Institution that notifies the Seller and the Agent that it will not be extending its Commitment beyond the Liquidity Termination Date.