UK Originator definition
Examples of UK Originator in a sentence
Notwithstanding any of the foregoing or any other provision contained herein, the preparation, delivery and submission of the UK Originator Daily Reports shall solely be made in accordance with the UK Receivables Purchase Agreement and in accordance with Section 4.01 of this Agreement and only the Master Servicer will (among other things), manage the preparation and submission of the Daily Reports.
Notwithstanding anything to the contrary in any of the Transaction Documents, no UK Originator Daily report shall be produced except in accordance with Section 2.1 of the UK Receivables Purchase Agreement and in accordance with this Section 4.01.
In the case of the UK Originators, each UK Originator Daily Report shall be sent only to the Master Servicer at the same time as the making of an offer in accordance with Section 2 of the U.K. Receivables Purchase Agreement.
The Sellers (or in the case of (i) any German Account, a Seller or a German Originator, (ii) any UK Account, a Seller or a UK Originator or (iii) any Excluded Account, a Seller or an Originator) (individually or together) own and have good and marketable title to the Lock-Box Accounts and Collection Accounts free and clear of any Adverse Claim.
Each Originator will sell all of its right, title and interest in, to and under certain accounts receivable generated by such Originator in its ordinary course of business and referred to in the applicable Originator Daily Report provided to the Company pursuant to the U.K. Receivables Purchase Agreement (with respect to the U.K. Originator) and the U.S. Receivables Purchase Agreement (with respect to the U.S. Originators).