Approved CPA means a certified public accountant approved by Buyer in writing in its sole discretion.
Approved CPA means Ernst & Young LLP, or such other certified public accountant approved by Buyer in writing in its sole discretion.
Approved CPA means a certified public accountant approved by Buyer in writing in its commercially reasonable discretion (it being understood that KPMG LLP or any other accounting firm of nationally recognized standing shall be deemed acceptable).
Examples of Approved CPA in a sentence
Such audit shall be made and such statements or reports shall be prepared by an Approved CPA or by an independent certified public accountant who is a member of the American Institute of Certified Public Accountants selected by Lender.
More Definitions of Approved CPA
Approved CPA means Deloitte & Touche LLP, and any other certified public accountant approved by Buyer in writing in its sole good faith discretion.
Approved CPA means Binder Dijker Xxxx (BDO) or any certified public accountant approved by Xxxxx in writing in its sole discretion.
Approved CPA means a certified public accountant approved by Xxxxx in writing in its commercially reasonable discretion (it being understood that KPMG LLP or any other accounting firm of nationally recognized standing shall be deemed acceptable).
Approved CPA means Binder Dijker Xxxx (BDO) or any certified public accountant approved by Xxxxx in writing in its sole discretion. “Assignment and Acceptance” shall have the meaning set forth in Section 18 of this Agreement. “Bankruptcy Code” shall mean the Bankruptcy Reform Act of 1978, as amended from time to time. “Beneficial Ownership Certification” means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation in a form as agreed to by Buyer. “Beneficial Ownership Regulation” means 31 C.F.R. § 1010.230. “Beneficial Tax Owners” shall have the meaning set forth in Section 7(e)(v) of this Agreement. “Bond Ratio Requirement” shall mean, as of any date of determination, a requirement that will be satisfied if the ratio (expressed as a percentage) of (i) the aggregate outstanding Purchase Price of all Purchased Assists consisting of Class A4 Notes to (ii) the aggregate outstanding Purchase Price of all Purchased Assets consisting of Class A3 Notes does not exceed [*] as of such date of determination. “Bond Type” shall mean either Class A3 Notes or Class A4 Notes, as applicable. “Business Day” shall mean a day other than (i) a Saturday or Sunday, (ii) any day on which banking institutions are authorized or required by law, executive order or governmental decree to be closed in the State of New York or (iii) any day on which the New York Stock Exchange is closed. “Buyer” shall mean National Founders LP, its successors in interest and assigns pursuant to Section 18 of this Agreement and, with respect to Section 7 of this Agreement, its participants. “Capital Lease Obligations” shall mean, for any Person, all obligations of such Person to pay rent or other amounts under a lease of (or other agreement conveying the right to use) Property to the extent such obligations are required to be classified and accounted for as a
Approved CPA means Binder Dijker Xxxx (BDO) or any certified public accountant approved by Xxxxx in writing in its sole discretion. “Assignment and Acceptance” shall have the meaning set forth in Section 18 of this Agreement. “Bankruptcy Code” shall mean the Bankruptcy Reform Act of 1978, as amended from time to time. “Benchmark” shall mean, initially, Term SOFR; provided that if a Benchmark Transition Event has occurred with respect to Term SOFR or the then-current Benchmark, then “Benchmark” shall mean the applicable Benchmark Replacement Rate. It is understood that the Benchmark shall be calculated on each Benchmark Determination Day and that the Benchmark calculated on a Benchmark Determination Day shall apply for the related Pricing Rate Period. “Benchmark Administration Changes” shall mean, with respect to any Benchmark, any technical, administrative or operational changes (including without limitation changes to the timing and frequency of determining rates and making payments of Price Differential, length of lookback periods, and other administrative matters) as Xxxxx decides may be appropriate, in the reasonable discretion of Buyer, to reflect the adoption and implementation
Approved CPA means Binder Dijker Xxxx (BDO) or any certified public accountant approved by Xxxxx in writing in its sole discretion. “Approved Originator” shall mean those lending institutions set forth on Schedule 6 hereto, and any other lending institutions approved in writing by Buyer in its sole discretion; provided that any previously Approved Originator will no longer be an Approved Originator upon written notice from Buyer. “Approved Underwriting Guidelines” shall mean the underwriting guidelines in effect as of the Purchase Date for such Mortgage Loan as approved by Buyer in its sole discretion. “Asset Value” shall mean, with respect to each Mortgage Loan, as of any date of determination, the lesser of (a) the product of the applicable Purchase Price Percentage multiplied by the Market Value of such Mortgage Loan and (b) the outstanding Principal Balance of such Mortgage Loan, in each case subject to modification pursuant to the terms below. For the avoidance of doubt, in calculating the Asset Value of any HomeSafe Flex or HomeSafe Select (including, without limitation, for purposes of determining the Purchase Price to be advanced by Buyer to Seller in connection with Buyer’s purchase of any Principal Advance on any Additional Advance Date), the outstanding Principal Balance of such Mortgage Loan and/or Principal Advance shall be deemed to solely include the portions of such Mortgage Loan that were advanced to the Mortgagor as principal, and shall exclude all other components of such advance, including, but not limited to, any fees, interest, taxes, capitalized interest or other amounts otherwise added to the outstanding principal balance of such Mortgage Loan in accordance with the related Mortgage Loan Documents. Without limiting the generality of the foregoing, Seller acknowledges that the Asset Value of a Purchased Mortgage Loan may be reduced to zero by Buyer if:
Approved CPA means Binder Dijker Xxxx (BDO) or any certified public accountant approved by Xxxxx in writing in its sole discretion. “Approved Originator” shall mean those lending institutions set forth on Schedule 6 hereto, and any other lending institutions approved in writing by Buyer in its sole discretion; provided that any previously Approved Originator will no longer be an Approved Originator upon written notice from Buyer. “Approved Underwriting Guidelines” shall mean the underwriting guidelines in effect as of the Purchase Dateorigination date for such Mortgage Loan as approved by Buyer in its sole discretion. “Asset Value” shall mean, with respect to each Mortgage Loan, as of any date of determination, the lesser of (a) the product of the applicable Purchase Price Percentage multiplied by the Market Value of such Mortgage Loan and (b) the outstanding Principal Balance of such Mortgage Loan, in each case subject to modification pursuant to the terms below. For the avoidance of doubt, in calculating the Asset Value of any HomeSafe Flex or, HomeSafe Select or Select Advance Loan (including, without limitation, for purposes of determining the Purchase Price to be advanced by Buyer to Seller in connection with Buyer’s purchase of any Principal Advance on any Additional Advance Date), the outstanding Principal Balance of such Mortgage Loan and/or Principal Advance shall be deemed to solely include the