SPE definition

SPE means any bankruptcy-remote, special-purpose entity created in connection with the financing of settlement float with respect to customer funds or otherwise.

Examples of SPE in a sentence

  • SPE also accepts most credit cards, checks, money orders and wire transfers.

  • SPE reserves the right to refuse to publish any advertising it considers to be unacceptable.

  • As a global organization, SPE will also reject advertising that, in the publisher’s opinion, might be culturally offensive to SPE members.

  • SPE accepts advertising (print and electronic) for goods and services that, in the publisher's judgment, address the technical or professional interests of its readers.

  • SPE reserves the right to change the floor plan design at any time and without notice.


More Definitions of SPE

SPE means a special purpose entity formed and operated for the sole purpose of acting as purchaser and owner of EDUCATION ONE Loans.
SPE means (i) an entity formed for the purpose of holding, acquiring, constructing, developing or improving assets whose acquisition, construction, development or improvement will be financed by Specified SPE Debt or equity investments in such entity or (ii) an entity acquired by the Restricted Parent or a Restricted Subsidiary of the Restricted Parent whose outstanding Indebtedness is all Specified SPE Debt.
SPE means (i) an entity formed solely for the purpose of holding, acquiring, constructing, developing or improving assets whose acquisition, construction, development or improvement shall be financed by Permitted Nonrecourse Indebtedness and equity Investments in such entity or (ii) an entity acquired by the Borrower or any Restricted Subsidiary whose outstanding Indebtedness is all Permitted Nonrecourse Indebtedness.
SPE means any special purpose Non-Recourse Subsidiary of the Borrower established in connection with Accounts Receivable Securitizations permitted by Section 7.02.
SPE means a bankruptcy-remote special purpose entity whose operations are limited to the acquisition and financing of specific assets (which may include the issue of asset backed securities and making payments on the securities) and in which FCE usually has no legal ownership or management control.