ABS Program definition

ABS Program. ’ means the asset-backed security finance program, as described in ‘‘Description of Other Indebtedness—ABS Program.’’
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ABS Program means any asset backed securitzation program involving any Company Party.
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Examples of ABS Program in a sentence

  • Except as set forth in Section 4.27 of the Disclosure Schedule, no Company Party has any (i) asset buy-back obligation under any circumstances with respect to any ABS Program, or (ii) future obligation to encumber any existing or future receivables of any Company Party in connection with any ABS Program.

  • The Contractor shall conduct a bi-weekly meeting via telephone conference between the Contractor, ABS Program Management and Engineering Representatives, the Government, and its representatives and prepare meeting minutes and action items.

  • The obligations of each of the borrowers under the Fleet Financing Facility are guaranteed by each of ▇▇▇▇▇'▇ direct and indirect domestic subsidiaries (other than subsidiaries whose only material assets consist of securities and debt of foreign subsidiaries and related assets, subsidiaries involved in the ABS Program or other similar special purpose financings, subsidiaries with minority ownership positions, certain subsidiaries of foreign subsidiaries and certain immaterial subsidiaries).

  • Notwithstanding anything contained in this Agreement to the contrary, Parent and Sub acknowledge and agree that their respective obligations hereunder (including their respective obligations to consummate the Merger) are not conditioned in any manner upon Parent and Sub obtaining the New ABS Program.

  • Pursuant to the FETJ Assets Disposal Agreement, the Purchaser or the assets servicing agency of the ABS Program shall send written notice to FETJ during the period of the ABS Program of any discovery of Unqualified Assets (as defined below).

  • Hertz Vehicle Financing LLC issued $600 million of asset-backed medium term notes on March 31, 2004 under our ABS Program.

  • Pursuant to the IFEL Assets Disposal Agreement, the Purchaser or the assets servicing agency of the ABS Program shall send written notice to IFEL during the period of the ABS Program of any discovery of Unqualified Assets (as defined below).

  • The Company will provide Parent with updates to the Required Information as reasonably requested by Parent and to the extent prepared in the ordinary course of its business or which can be reasonably prepared, so that Parent may implement the New ABS Program.

  • Notwithstanding the foregoing, if Parent has otherwise complied with its obligations to establish the New ABS Program pursuant to Section 6.11, Parent shall be entitled to extend the Closing Date to a date no later than the date which is three (3) Business Days after the date on which the New ABS Program is established, but only for the purpose of establishing the New ABS Program, but in no event later than September 30, 2011.

Related to ABS Program

  • AML Program has the meaning ascribed thereto in Schedule 2.1(F)(8) hereof.

  • PEBB program means the program within the HCA that administers insurance and other benefits for eligible employees (as described in WAC 182-12-114), eligible retired employees (as described in WAC 182-12-171 and 182-12-180), eligible survivors (as described in WAC 182-12-180, 182-12-250, and 182-12-265), eligible dependents (as de- scribed in WAC 182-12-250 and 182-12-260) and others as defined in RCW 41.05.011.

  • Marketing program means a program established by order of the director pursuant to this act prescribing rules and regulations governing the marketing for processing, distributing, selling, or handling an agricultural commodity produced in this state or agricultural commodity input during a specified period and

  • Education program means any program that is principally engaged in the provision of education, including, but not limited to, early childhood education, elementary and secondary education, postsecondary education, special education, job training, career and technical education, and adult education, and any program that is administered by an educational agency or institution.

  • Program means the statutorily authorized activities of the System Agency under which this Contract has been awarded.