Originator definition

Originator means the sender of the first payment order in a funds transfer.

Originator and “Originators” have the meaning set forth in the Purchase and Sale Agreement, as the same may be modified from time to time by adding new Originators or removing Originators, in each case with the prior written consent of the Administrative Agent.

Originator has the meaning set forth in the preamble to the Agreement.

Examples of Originator in a sentence

• Such Originator has complied in all material respects with its Credit and Collection Policy in regard to each Subject Receivable sold by it hereunder and the related Contracts.

• The Additional Originator hereby acknowledges that it has received copies of the Purchase and Contribution Agreement and the other Loan Documents.

• Client is prohibited from acting as a Third-Party Sender on behalf of Originators without (i) disclosing the identity of and/or other requested information concerning such potential Originator to Bank so that Bank may perform its due diligence review with respect to such Originator; and (ii) entering into a separate ODFI/Third-Party Sender Agreement with Bank prior to transmission of any entries for such Originator.

• For purposes of this Section 5.1(q), “knowledge” as to any Originator means the actual knowledge of the President, CEO, any Executive Vice President, General Counsel (or other chief legal officer) or Financial Officer of the Company.

• From and after the later of the date hereof and the date that the Additional Originator has complied with all of the requirements of Section 4.3 of the Purchase and Contribution Agreement, the Additional Originator shall be an Originator for all purposes of the Purchase and Contribution Agreement and all other Loan Documents.

More Definitions of Originator

Originator has the meaning set forth in the Sale Agreement.

Originator is defined in the Preamble.

Originator means, with respect to any Receivable, Santander Consumer.

Originator means each Person from time to time party to the Sale Agreement as an Originator.

Originator means either of the following:

Originator means, with respect to any Receivable, either Santander Consumer, CitiFinancial, HSBC or Triad, as applicable, and “Originators” means, together, Santander Consumer, CitiFinancial, HSBC and Triad.

Originator means an entity which: