Transferor Beneficiary definition

Transferor Beneficiary means the Transferor, in its capacity as transferor beneficiary of the Receivables Trust;
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Transferor Beneficiary means TPF in its capacity as transferor beneficiary of the Receivables Trust;
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Transferor Beneficiary means RBS or Natwest as relevant as the holder of the relevant Transferor Interest;
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Examples of Transferor Beneficiary in a sentence

  • The Receivables Trustee shall not be accountable for the use or application by the Transferor Beneficiary of any of its beneficial entitlement to Trust Property or of the proceeds of any transfer of its beneficial entitlement, or for the use or application of any funds paid to the Transferor in respect of the Receivables or deposited in or withdrawn from any Trust Account by the Servicer.

  • For the avoidance of doubt, the Transferor Beneficiary shall be under no obligation to make a Refinancing Contribution or to subscribe for any Loan Note.

  • Text proposal R1-2311457 ZTE Proposal 5: Adopt TP#1 for TS 38.214 for the association information report between ARP ID and the already transmitted SL PRS resource(s) Reason for change: The description of “already transmitted SL PRSs of SL PRS resources” seems redundant, suggest to align with our agreements.

  • On each date of determination of the Compounded Daily SONIA, the Calculation Agent shall send to the Security Trustee, the Loan Note Issuer No.1, the Cash Manager and the Transferor Beneficiary, by electronic transmission, notification of the Compounded Daily SONIA for that Loan Note Interest Period.

  • The predecessor Receivables Trustee shall deliver to the successor trustee all documents and statements held by it hereunder, and the Transferor Beneficiary and the predecessor Receivables Trustee shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor trustee all Trust Property and such rights, powers, duties and obligations.

  • Fiduciary or Joint Venture Relationship Nothing in this Deed shall result in the creation of any agency, trust, fiduciary or joint venture relationship between the Investor Beneficiaries and the Transferor Beneficiary nor shall any covenants, duties, responsibilities, obligations or liabilities which are not expressly set out herein be implied in this Deed or otherwise exist against the Investor Beneficiaries or the Transferor Beneficiary.

  • The Transferor Beneficiary hereby agrees with each existing Investor Beneficiary that it shall not exercise any beneficial rights or entitlements it may have to Ineligibles Bare Trust Property pursuant to the RTDSA or any Supplement thereto in such a way as to materially prejudice the beneficial rights or entitlements of any Beneficiary to Undivided Bare Trust Property in the Undivided Bare Trust of the Receivables Trust.

  • Subject as provided in any Transaction Document, each of the Transferor, the Transferor Beneficiary and the Servicer agree to do and perform, from time to time, any and all acts and to execute any and all further instruments required or reasonably requested by the Receivables Trustee more fully to effect the purposes of this Deed.

  • The payment of the Transfer Price shall be wired on the following bank account of the Transferor: Beneficiary: Bank: Account N°: Swift: The transfer of the ownership of the Shares and all the rights and obligations attached to the Shares will take place on the Effective Date.

  • The Transferor Beneficiary has the option under the terms of the RTDSA to elect to have its beneficial interest in the Penarth Receivables Trust evidenced fully or partially in certificated form (the "Transferor Certificate") or not to have its beneficial interest evidenced in certificated form at all.


More Definitions of Transferor Beneficiary

Transferor Beneficiary means the Initial Transferor Beneficiary and/or any further Transferor Beneficiary as the context may require;
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Transferor Beneficiary means HSBC in its capacity as a beneficiary of the Receivables Trust pursuant to the Receivables Trust Deed and Servicing Agreement;
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Transferor Beneficiary means the Transferor, in its capacity as transferor beneficiary of the Receivables Trust.
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Related to Transferor Beneficiary

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • primary beneficiary means the individual for whose primary benefit the trust is then held. For purposes of Section 8.3, a Qualified Entity is a member of each Family Group to which such one or more Qualified Trusts that are its equity holders belong.

  • Qualified beneficiary means a beneficiary who, on the date the beneficiary's qualification is determined:

  • Refund beneficiary means an individual nominated by a qualified participant or a former qualified participant under section 66 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 67.

  • Remainder beneficiary means a person entitled to receive principal when an income interest ends.

  • Contingent Beneficiary is the person that becomes the Beneficiary if the named Beneficiary dies prior to the Income Date.

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Beneficiary means each designated person, or the estate of the deceased Executive, entitled to benefits, if any, upon the death of the Executive, determined according to Article 4.

  • Initial Beneficiary means ALF LLC, as initial beneficiary under the Titling Trust Agreement and its permitted successors and assigns.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Beneficiary(ies means the beneficiary(ies) designated by the Participant who are entitled to receive any distributions from the Plan payable upon the death of the Participant.

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Financial Beneficiary means any Principal of the Developer or Applicant entity who receives or will receive any direct or indirect financial benefit from a Development, except as further described in Rule 67-21.0025, F.A.C.

  • land reform beneficiary , in relation to a property, means a person who -

  • Transferor Certificate As defined in Section 5.02(b).

  • Former Spouse means the individual who is considered by Applicable Laws to be the Annuitant’s former spouse or common-law partner;

  • Transferor Company means a public gas company.

  • Alternate Payee means any spouse, former spouse, child, or other dependent of a Participant who is recognized by a qualified domestic relations order as having a right to receive all, or a portion of, the benefits payable under a Plan with respect to such Participant.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Surviving beneficiary or "surviving descendant" means a beneficiary or a descendant who did not predecease the decedent and is not considered to have predeceased the decedent under section 2702.

  • Qualified Beneficiaries has the meaning set forth in Section 4.12.

  • Transferor Interest has the meaning specified in the Transfer Agreement.

  • Purported Beneficial Transferee means, with respect to any purported Transfer (or other event) which results in a transfer to a Trust, as provided in Section 6.2.2 of this Article VI, the Purported Record Transferee, unless the Purported Record Transferee would have acquired or owned shares of Capital Stock for another Person who is the beneficial transferee or owner of such shares, in which case the Purported Beneficial Transferee shall be such Person.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.