Securitization Vehicles definition

Securitization Vehicles means Charles Street ABS, Lakeside ABS, Delta ABS 1, Delta ABS 2, Together ABS 1, Together ABS 2, Together ABS 3, Together ABS 4 and Highfield ABS, as appropriate.
Securitization Vehicles means Charles Street ABS, Lakeside ABS, Delta ABS, Together ABS and/or Highfield ABS, as appropriate.
Securitization Vehicles means Charles Street ABS, Lakeside ABS and Delta ABS, as appropriate.

Examples of Securitization Vehicles in a sentence

  • Application of Section 13 of the BHC Act to Securitization Vehicles or Issuers of Asset- Backed Securities.

  • See Request for Exclusion from Commodity Pool Regulation for Securitization Vehicles, CFTC Interpretation Letter No. 12-14 (Oct.

  • Suppliers and Securitization Vehicles can have the right to inspect the plant, talk to employees and obtain information from contractors or authorities before and during refinancing.

  • As of and for the twelve months ended September 30, 2020, the Issuer, the Guarantors, and the Securitization Vehicles represented 100% of our consolidated EBITDA and 100% of Shareholders’ Funds (excluding amounts due to or due from non-guarantors), respectively.

  • See “ Management’s Discussion and Analysis of Financial Condition and Results of Operations—Accounting Treatment of the Securitizations.” The Securitization Vehicles do not guarantee the 2026 Notes, and will not guarantee the Notes.

  • The S.I.C.A.R., the R.A.I.F., and the securitization vehicle will be discussed in S.I.C.A.R., R.A.I.F., and Securitization Vehicles, respectively, below.GENER AL/PARTICIPATION EXEMPTIONA S.O.P.A.R.F.I. established in the city of Luxembourg is subject to Luxembourg income tax at a combined top rate of 26.01% as of January 1, 2018.

  • If an indepen- dent variable, including the enclosing parenthesis is not supplied, then TIME will automatically be chosen.EQUATION Name (Argument List) - Used when a variable circuit quantity is given in closed form.

  • Differs from cash and cash equivalents presented within our consolidated statement of financial position as such amounts also include restricted cash, being cash amounts held within the Securitization Vehicles.

  • The Securitization Vehicles are bankruptcy-remote special purpose vehicles established for the purposes of the Securitizations and are, or will be, consolidated into our audited consolidated financial statements in accordance with IFRS.

  • Therefore, the information is null and void and the Government cannot maintain a valid prosecution.In light of the statute of limitations' important purpose, which protects Ms. Maximoff’s right to a fair trial, the reinstatement of count one should be barred, and the Government should not be entitled to bring a new indictment following under 18 U.S.C. §§ 3289;3298.


More Definitions of Securitization Vehicles

Securitization Vehicles shall have the meaning set forth in the defined term Qualified Junior Mezzanine Loan Transferee.
Securitization Vehicles shall have the meaning assigned to such term in the definition ofQualified Institutional Lender.”

Related to Securitization Vehicles

  • Securitization Vehicle shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Securitization Property means the property described in section 10j.

  • Laden vehicle means, except where otherwise stated, a vehicle so laden as to attain its "maximum mass".

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Securitization Asset means (a) any accounts receivable, mortgage receivables, loan receivables, royalty, franchise fee, license fee, patent or other revenue streams and other rights to payment or related assets and the proceeds thereof and (b) all collateral securing such receivable or asset, all contracts and contract rights, guarantees or other obligations in respect of such receivable or asset, lockbox accounts and records with respect to such account or asset and any other assets customarily transferred (or in respect of which security interests are customarily granted) together with accounts or assets in connection with a securitization, factoring or receivable sale transaction.

  • Securitization Assets means any accounts receivable or other revenue streams subject to a Qualified Securitization Financing.

  • Foreign vehicle means every motor vehicle, trailer, or semitrailer that is brought into the

  • Unladen vehicle means a vehicle without a driver, or passenger, and unladen, but with its fuel tank full and its normal complement of tools;

  • Securitization Entity means a Wholly Owned Subsidiary of the Borrower (or another Person in which the Borrower or any Subsidiary of the Borrower makes an Investment and to which the Borrower or any Subsidiary of the Borrower transfers accounts receivable and related assets) which engages in no activities other than in connection with the financing of accounts receivable and which is designated by the Board of Directors of the Borrower (as provided below) as a Securitization Entity (i) no portion of the Indebtedness or any other obligations (contingent or otherwise) of which (A) is guaranteed by the Borrower or any Restricted Subsidiary of the Borrower (excluding guarantees of obligations (other than the principal of, and interest on, Indebtedness) pursuant to Standard Securitization Undertakings); (B) is recourse to or obligates the Borrower or any Restricted Subsidiary of the Borrower in any way other than pursuant to Standard Securitization Undertakings; or (C) subjects any property or asset of the Borrower or any Restricted Subsidiary of the Borrower, directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to Standard Securitization Undertakings; (ii) with which neither the Borrower nor any Restricted Subsidiary of the Borrower has any material contract, agreement, arrangement or understanding other than on terms, taken as a whole, no less favorable to the Borrower or such Restricted Subsidiary than those that might be obtained at the time from Persons that are not Affiliates of the Borrower, other than fees payable in the ordinary course of business in connection with servicing receivables of such entity, standard Securitization Undertakings and other terms, including Purchase Money Notes, typical in Securitization Transactions; and (iii) to which neither the Borrower nor any Restricted Subsidiary of the Borrower has any obligations to maintain or preserve such entity’s financial condition or cause such entity to achieve certain levels of operating results. Any such designation by the Board of Directors of the Borrower shall be evidenced to the Agent (for distribution to the Lenders) by filing with the Agent a certified copy of the Board Resolution of the Borrower giving effect to such designation and an Officers’ Certificate certifying that such designation complied with the foregoing conditions.

  • Lead Securitization means, if the First Securitization is the Note A-1 Securitization, such Securitization; provided that, if any other Securitization occurs prior to the Note A-1 Securitization, then the First Securitization shall be the Lead Securitization until such time as the Note A-1 Securitization occurs.

  • Receivables Securitization any financing pursuant to which accounts receivable of the Borrower or any of its Subsidiaries are (or are purported to be) sold or pledged, which financing shall be non-recourse (except for customary limited recourse provisions) to the Borrower and its Subsidiaries.

  • Securitization Date means the effective date on which the Securitization of the first Note or portion thereof is consummated.

  • Securitization means one or more sales by a Note Holder of all or a portion of such Note to a depositor, who will in turn include such portion of such Note as part of a securitization of one or more mortgage loans.

  • construction vehicle means a vehicle used as a means of conveyance for transporting persons or material, or persons and material, on and off the construction site for the purposes of performing construction work" construction work" means any work in connection with-

  • Permitted Securitization means, for any Borrower and its Subsidiaries, any sale, assignment, conveyance, grant and/or contribution, or series of related sales, assignments, conveyances, grants and/or contributions, by such Borrower or any of its Subsidiaries of Receivables (or purported sale, assignment, conveyance, grant and/or contribution) to a trust, corporation or other entity, where the purchase of such Receivables may be funded or exchanged in whole or in part by the incurrence or issuance by the applicable Securitization SPV, if any, of Indebtedness or securities (such Indebtedness and securities being “Attributable Securitization Obligations”) that are to be secured by or otherwise satisfied by payments from, or that represent interests in, the cash flow derived primarily from such Receivables (provided, however, that “Indebtedness” as used in this definition shall not include Indebtedness incurred by a Securitization SPV owed to any Borrower or any of its Subsidiaries, which Indebtedness represents all or a portion of the purchase price or other consideration paid by such Securitization SPV for such receivables or interests therein), where (i) any representation, warranty, covenant, recourse, repurchase, hold harmless, indemnity or similar obligations of such Borrower or any of its Subsidiaries, as applicable, in respect of Receivables sold, assigned, conveyed, granted or contributed, or payments made in respect thereof, are customary for transactions of this type, and do not prevent the characterization of the transaction as a true sale under Applicable Laws (including debtor relief laws) and (ii) any representation, warranty, covenant, recourse, repurchase, hold harmless, indemnity or similar obligations of any Securitization SPV in respect of Receivables sold, assigned, conveyed, granted or contributed or payments made in respect thereof, are customary for transactions of this type.

  • Non-Lead Securitization means any Securitization of a Note in a Securitization Trust other than the Lead Securitization.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Securitization Subsidiary means any Subsidiary formed for the purpose of, and that solely engages only in one or more Qualified Securitization Facilities and other activities reasonably related thereto.

  • Lead Securitization Date means the closing date of the Lead Securitization.

  • Securitization Financing means any transaction or series of transactions that may be entered into by the Borrower or any of its Subsidiaries pursuant to which the Borrower or any of its Subsidiaries may sell, convey or otherwise transfer to (a) a Securitization Subsidiary (in the case of a transfer by the Borrower or any of its Subsidiaries) or (b) any other Person (in the case of a transfer by a Securitization Subsidiary), or may grant a security interest in, any Securitization Assets of the Borrower or any of its Subsidiaries, and any assets related thereto, including all collateral securing such Securitization Assets, all contracts and all guarantees or other obligations in respect of such Securitization Assets, proceeds of such Securitization Assets and other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving Securitization Assets.

  • Securitization Value means, with respect to any 20[•]-[•] Lease, the value calculated by the Servicer equal to, (i) as of its Maturity Date, the Base Residual and (ii) as of any date other than its Maturity Date, the sum of the present value, discounted at the Securitization Rate, of (a) the aggregate Monthly Payments remaining to be made and (b) the Base Residual.

  • Junk vehicle means a vehicle of any age that is damaged or defective in any one or combination of any of the following ways that either makes the vehicle immediately inoperable, or would prohibit the vehicle from being operated in a reasonably safe manner upon the public streets and highways under its own power if self-propelled, or while being towed or pushed, if not self-propelled:

  • Zero-emission vehicle means a motor vehicle that is exclusively propelled by electricity or hydrogen from an external source.

  • Securitization Repurchase Obligation means any obligation of a seller of Securitization Assets in a Qualified Securitization Financing to repurchase Securitization Assets arising as a result of a breach of a Standard Securitization Undertaking, including as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute, offset or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller.

  • First Securitization means the earliest to occur of the Note A-1 Securitization and the Note A-2 Securitization.