Transferor Letter definition

Transferor Letter. As defined in Section 5.03(n).
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Transferor Letter. As defined in Section 5.03(p)(ii) of this Agreement.
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Transferor Letter. As defined in Section 5.2(j)(ii).
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Examples of Transferor Letter in a sentence

  • The Servicer shall include in each Monthly Servicer's Certificate, or in an Officer's Certificate provided to the Trustee with each Monthly Servicer's Certificate, the Stated Amount (as defined in the Transferor Letter of Credit) of the Transferor Letter of Credit as of the related Determination Date.

  • Any reimbursement with respect to any drawing which would otherwise have been applied to reinstate the Transferor Letter of Credit shall be deposited in the Transferor Escrow Account.

  • Each of (i) the Seller’s Warranties and Servicing Agreement between Xxxxxx Brothers Bank FSB, as purchaser, and the Transferor, as seller, dated September 1, 2005, as amended and supplemented by the Transferor Letter Agreement dated August 12, 2005 and (ii) the Seller’s Warranties and Servicing Agreement between Xxxxxx Brothers Bank FSB, as purchaser, and the Transferor, as seller, dated October 1, 2005, as amended and supplemented by the Transferor Letter Agreement, dated October 7, 2005.

  • Each transferor of this Certificate, or any portion thereof, shall be required, prior to selling a Certificate, to execute the Transferor Letter in the form attached to the Trust Agreement as Exhibit B.

  • Any investment earnings on the Transferor Escrow Account shall be remitted monthly on each Distribution Date to the Letter of Credit Bank for application by the Letter of Credit Bank in accordance with the agreement pursuant to which the Transferor Letter of Credit was issued.

  • Execution in Counterparts EXHIBITS Exhibit A-1 Form of Class E-1 Certificate Exhibit A-2 Form of Class E-2 Certificate Exhibit A-R Form of Class R Certificate Exhibit B Class R Transferee Affidavit Exhibit C Class R Transferor Letter Exhibit D Class E-2 Transferee Affidavit This Trust Agreement ("Trust Agreement"), dated as of October 1, 1996, by and among XXXXXX STRUCTURED SECURITIES CORP., as Depositor and STATE STREET BANK AND TRUST COMPANY, as Trustee (the "Trustee").

  • Exhibit A-1 Form of Class E-1 Certificate Exhibit A-2 Form of Class E-2 Certificate Exhibit A-R Form of Class R Certificate Exhibit B Class R Transferee Affidavit Exhibit C Class R Transferor Letter Exhibit D Class E-2 Transferee Affidavit This Trust Agreement ("Trust Agreement"), dated as of October 1, 1996, by and among XXXXXX STRUCTURED SECURITIES CORP., as Depositor and STATE STREET BANK AND TRUST COMPANY, as Trustee (the "Trustee").

  • If with respect to any --------------------------- Collection Period the Servicer adjusts downward the amount of any Receivable pursuant to Section 3.09(a) and the Transferor fails to make any deposit to the Collection Account in respect thereof as required pursuant to Section 3.09(a), the Trustee shall draw on the Transferor Letter of Credit, in accordance with the terms thereof, in the amount of the adjustment.

  • If proceeds from the Transferor Letter of Credit are not available to pay such adjustment obligation in full, then the amount of Receivables used to calculate the Transferor Amount, any Invested Percentage, the B/F Amount and the Transferor Percentage will be reduced by the amount of the adjustment.

  • In the event that the Transferor shall fail to deposit any amount required to be deposited in the Collection Account pursuant to the preceding sentence, the Trustee shall make a proper demand under the Transferor Letter of Credit pursuant to Section 4.01B hereof, up to the amount available thereunder, in the amount required to be so deposited by the Transferor which the Transferor failed to so deposit.


More Definitions of Transferor Letter

Transferor Letter has the meaning set forth in Section 3.04(b) hereof.
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Transferor Letter means a letter substantially in the form attached as Exhibit C-2 and accepted by the Trustee and the Issuer.
Sample 1
Transferor Letter means a letter in the form of Exhibit B-1 to the Indenture executed by a Transferor in connection with a Transfer.
Sample 1

Related to Transferor Letter

  • Transferor Company means a company that conveys an interest in shares.

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

  • Transferee Letter The meaning specified in Section 12.16.

  • Investor Letter means that certain Investor Letter, substantially in the form attached hereto as Exhibit B.

  • Transferor Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

  • Issuer SUBI Certificate Transfer Agreement means that certain issuer SUBI certificate transfer agreement, dated as of March 20, 2019, between the Transferor and the Issuer, as amended or supplemented from time to time.

  • Transferor Amount means (a) prior to the Certificate Trust Termination Date, the "Transferor Amount" under (and as defined in) the Pooling and Servicing Agreement and (b) on and after the Certificate Trust Termination Date, the "Transferor Amount" as defined in Annex A to the Indenture. For purposes of determining the Transferor Amount on any date of determination, any amount deposited into the Principal Account in respect of a Potential Shortfall shall be deemed not to be on deposit in the Principal Account.

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

  • Transferors means the entities acting as Transferors under the Pooling and Servicing Agreement.

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

  • Assignment Date means __________ __, 200_.

  • Certificate re Non-Bank Status means a certificate substantially in the form of Exhibit F.

  • Minimum Transferor Interest means, with respect to any period, --------------------------- 7% of the average of the aggregate amount of Principal Receivables for such period.

  • Transfer Supplement has the meaning set forth in Section 6.3(c) of this Agreement.

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.

  • Form of Assignment and Transfer means the “Form of Assignment and Transfer” attached as Attachment 3 to the Form of Note attached hereto as Exhibit A.

  • Initial Certificate Transfer Opinion means an opinion rendered by nationally recognized tax counsel (i) upon the initial transfer by the Depositor of a Certificate that results in the Issuer being treated as a partnership for United States federal income tax purposes and (ii) while any Note retained by the Issuer or a Person that is considered the same Person as the Issuer for United States federal income tax purposes is outstanding that (x) such Note will be debt for United States federal income tax purposes or (y) the transfer by the Depositor of such Certificate will not cause the Issuer to be treated as an association or publicly traded partnership taxable as a corporation.

  • Assignment of Earnings shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • Transfer and Servicing Agreement means the Transfer and Servicing Agreement, dated as of the Closing Date, among the Issuer, the Depositor and Cellco as Servicer, Marketing Agent and Custodian, as amended, restated, supplemented or modified from time to time.

  • Rule 144A Letter As defined in Section 5.02(b).

  • Designation Letter means, with respect to any Designated Subsidiary, a letter in the form of Exhibit E hereto signed by such Designated Subsidiary and the Company.

  • Transfer Certificate means a certificate substantially in the form set out in Schedule 4 (Form of Transfer Certificate) or any other form agreed between the Agent and the Borrower.

  • Certificate Custodian Initially, First Union National Bank; thereafter any other Certificate Custodian acceptable to The Depository Trust Company and selected by the Trustee.

  • Issuer-ICSDs Agreement means the agreement entered into between the Issuer and each of the ICSDs;

  • Representation Letter Letters to, or agreements with, the Depository to effectuate a book entry system with respect to the Class A Certificates registered in the Register under the nominee name of the Depository.