Vault Partition definition

Vault Partition. The segregated vault partition of the E-Vault System established in the name of the Grantor Trust.
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Vault Partition. The segregated vault partition of the E-Vault System established in the name of Carvana Auto Receivables Grantor Trust 2021-P1. AAA: The American Arbitration Association.
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Examples of Vault Partition in a sentence

  • The Custodian shall maintain the Warehouse Vault Partition so that the eOriginal System will place the Required Legend on each page of any perceivable copy of a document in the related Electronic Timeshare Loan File.

  • The Collateral Custodian shall cause the 2020-P1 Vault Partition to reflect the name of the Grantor Trust as the Owner of Record.

  • The Collateral Custodian shall maintain the 2020-P1 Vault Partition and each Receivable that is an Electronic Contract such that (i) a watermark on all perceivable renderings of the Authoritative Copy thereof shall read “View of Authoritative Copy,” (ii) a watermark on any copy of a former Authoritative Copy thereof shall read “View of Non-Authoritative Copy,” and (iii) the Required Legend is placed by the E-Vault System on each page of any perceivable rendering thereof.

  • The Collateral Custodian shall thereafter “maintain” as within the meaning of Section 9-105(3) of the UCC such Authoritative Copy in the 2020-P1 Vault Partition for the purpose of exercising control over the Contracts which are Electronic Contracts pursuant to the terms of this Agreement and shall maintain the 2020-P1 Vault Partition so that the E-Vault System will place the Required Legend on each page of any perceivable copy of any Contract that is an Electronic Contract.

  • The parties agree that an Electronic Timeshare Loan File shall be “communicated” to the Custodian upon the transfer of the Authoritative Copy of such Electronic Timeshare Loan File to the Warehouse Vault Partition and acceptance of the Custodian of such Authoritative Copy into the Warehouse Vault Partition, and the Custodian shall thereafter maintain such Electronic Timeshare Loan File in the Warehouse Vault Partition on behalf of the Buyer.

  • With respect to Electronic Timeshare Loan Files, the Custodian shall maintain the related Electronic Documents in the Warehouse Vault Partition subject to the Electronic Collateral Control Agreement.

  • The Custodian shall not make any changes to the owner of record of the Warehouse Vault Partition or to the legend which appears on documents in the Electronic Timeshare Loan Files without the prior written consent of the Administrative Agent.

  • The parties agree that each Electronic Loan Document shall be “communicated” to the Custodian upon the transfer of the Authoritative Copy of such Electronic Loan Document to the Warehouse Vault Partition and acceptance of the Custodian of such Authoritative Copy into the Warehouse Vault Partition, and the Custodian shall thereafter maintain such Electronic Loan Document in the Warehouse Vault Partition on behalf of the Administrative Agent for the benefit of the Secured Parties.

  • The Custodian shall not make any changes to the owner of record of the Warehouse Vault Partition or to the legend which appears on the Electronic Documents in the Electronic Timeshare Loan Files without the prior written consent of the Administrative Agent.

  • The parties agree that an Electronic Timeshare Loan File shall be “communicated” to the Custodian upon the transfer of the Authoritative Copy of such Electronic Timeshare Loan File to the Warehouse Vault Partition and acceptance of the Custodian of such Authoritative Copy into the Warehouse Vault Partition, and the Custodian shall thereafter maintain such Electronic Timeshare Loan File in the Warehouse Vault Partition on behalf of the Indenture Trustee.

Related to Vault Partition

  • Sidewalk means that portion of a street between the curb lines, or the lateral lines of a roadway, and the adjacent property lines intended for the use of pedestrians.

  • Walkway means a paved or unpaved trail or pathway or a structure constructed of wood or other material that is neces- sary due to the difficulty of the terrain for access to the river.

  • Irrigation means application of water to land areas to supply the water needs of

  • Carpet and upholstery cleaner means a cleaning product designed for the purpose of eliminating dirt and stains on rugs, carpeting, and the interior of motor vehicles and/or on household furniture or objects upholstered or covered with fabrics such as wool, cotton, nylon or other synthetic fabrics. “Carpet and Upholstery Cleaner” includes, but is not limited to, products that make fabric protectant claims. “Carpet and Upholstery Cleaner” does not include “General Purpose Cleaners”, “Spot Removers”, vinyl or leather cleaners, dry cleaning fluids, or products designed exclusively for use at industrial facilities engaged in furniture or carpet manufacturing.

  • Basement means any area of the building having its floor subgrade (below ground level) on all sides.

  • Pipe or “Piping” means a hollow cylinder or tubular conduit that is constructed of non-earthen materials.

  • Backflow means the backflow of water or other liquids, mixtures, or substances into the distribution pipes of a potable water system from any source other than the intended source of the potable water supply.

  • drain means (subject to Section 219(2) of the 1991 Act) a drain used for the drainage of one building or any buildings or yards appurtenant to buildings within the same curtilage;

  • Driveway means a vehicle access route between the carriageway of a road and a use on a parcel;

  • Carpet Area means the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment.