BTMU Conduit definition

BTMU Conduit means Victory Receivables Corporation and its successors.
Sample 1Sample 2Sample 3
BTMU Conduit has the meaning set forth in the Preliminary Statements to this Agreement.
Sample 1

Examples of BTMU Conduit in a sentence

  • On the date hereof, BTMU, as Agent for the BTMU Conduit Group, shall have received, pursuant to the terms and conditions of the Purchase Agreement, an Aggregate Reduction of Aggregate Capital in an amount equal to $20,847,500 (the “Capital Reduction”).

  • Payment by the Seller to the BTMU Conduit and the BTMU Purchaser Agent, as applicable, of the BTMU Settlement Date Payment in accordance with this Section 2(a) shall be made in accordance with the terms of Sections 1.4 and 2.2 of the Purchase Agreement.

  • Without limiting the generality of this Section 14.13, each Purchaser and each Purchaser Agent hereby acknowledges and consents to any and all BTMU Roles and agrees that in connection with any BTMU Role, BTMU may take, or refrain from taking, any action that it, in its discretion, deems appropriate, including, without limitation, in its role as administrative agent for the BTMU Conduit.

  • The BTMU Conduit, solely with respect to Section 2(a) above, hereby represents and warrants to each member of the RBC Purchaser Group that, as of the date hereof, it is the sole owner of the rights, title and interest in and to the interests being transferred by it hereunder free of any Adverse Claims created by or through it.

  • Payment by the RBC Conduit to the BTMU Conduit of an amount equal to the Assigned BTMU Capital in accordance with this Section 2(a) shall be made in accordance with the wire instructions set forth on Schedule I hereto.

  • At or before noon (New York time) on the date hereof, the RBC Conduit shall pay to the BTMU Conduit, in immediately available funds, an amount equal to a portion of the aggregate outstanding Capital of the BTMU Conduit as of the date hereof, as set forth more specifically on Schedule I hereto (such amount, the “Assigned BTMU Capital”).

  • Following receipt of a Purchase Notice, Agent will promptly notify the BTMU Conduit of such Purchase Notice, each Purchaser Agent will promptly notify the Conduit in such Purchaser Agent’s Purchaser Group of such Purchase Notice and Agent and each Purchaser Agent will identify the Conduits that agree to make the Purchase.

  • BTMU, as a Financial Institution and as a Purchaser Agent, and the BTMU Conduit (collectively, the “BTMU Purchaser Group”), the Agent, the Seller and the Servicer are parties to that certain Third Amended and Restated Receivables Purchase Agreement (as amended, modified, restated or otherwise supplemented through the date hereof, the “Purchase Agreement”).

Related to BTMU Conduit

  • CP Conduit means any limited-purpose entity established to use the direct or indirect proceeds of the issuance of Commercial Paper Notes to finance financial assets.

  • BTMU means The Bank of Tokyo-Mitsubishi UFJ, Ltd.

  • Conduit Assignee means any multi-seller commercial paper conduit or special purpose entity funded by a multi-seller commercial paper conduit which is, in either case, administered by a common manager or an Affiliate of a CP Conduit, or the collateral trustee of such entity.

  • Conduit shall have the meaning assigned to such term in Section 14(d).

  • Barclays means Barclays Bank PLC.

  • Participating Bank means any participating banks of the JETCO ATM network, (if applicable) PLUS ATM network and/or (if applicable) China UnionPay ATM network;

  • SunTrust means SunTrust Bank.

  • Participating Financial Institution means a Financial Institution that has been approved by the Authority to enroll Qualified Loans in the Program and has agreed to all terms and conditions set forth in the Law and this Article and as may be required by any applicable federal law providing matching funding.

  • Conduit Purchaser means each commercial paper conduit that is or becomes a party to this Agreement in the capacity of a “Conduit Purchaser”.

  • Issuing Bank Agreement has the meaning assigned to such term in Section 2.05(i).

  • Goldman Sachs means Goldman Sachs & Co. LLC.

  • Liquidity Bank means the Person or Persons who provide liquidity support to any Conduit Lender pursuant to a Liquidity Agreement in connection with the issuance by such Conduit Lender of Commercial Paper Notes.

  • REAL ESTATE MORTGAGE INVESTMENT CONDUIT (A "REMIC") AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). [FOR SUBORDINATE CERTIFICATES][THIS CERTIFICATE IS SUBORDINATE TO ONE OR MORE CLASSES OF CERTIFICATES OF THE SAME SERIES AS AND TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.] [FOR PRINCIPAL BALANCE CERTIFICATES][THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE.] [FOR CLASS X-1 AND CLASS X-2 CERTIFICATES][THE OUTSTANDING CERTIFICATE NOTIONAL AMOUNT HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE. THIS CERTIFICATE DOES NOT HAVE A CERTIFICATE PRINCIPAL BALANCE AND WILL NOT ENTITLE THE HOLDER HEREOF TO DISTRIBUTIONS OF PRINCIPAL.] [FOR REGULATION S GLOBAL CERTIFICATES][PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE LATER OF (A) THE CLOSING DATE AND (B) THE COMMENCEMENT OF THE INITIAL OFFERING OF THE CERTIFICATES IN RELIANCE ON REGULATION S, THIS CERTIFICATE MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED. NO BENEFICIAL OWNERS OF THIS CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENT OF PRINCIPAL OR INTEREST HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.]

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • JPMorgan means JPMorgan Chase Bank, N.A.

  • Citi shall have the meaning assigned to such term in the preamble to this Agreement.

  • RBS means The Royal Bank of Scotland plc.

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • PNC means PNC Bank, National Association.

  • Fortis means Fortis Inc.;

  • Commercial Paper means, with respect to any Conduit Investor, the promissory notes issued in the commercial paper market by or for the benefit of such Conduit Investor.

  • Committed Purchaser means each Person listed as such on the signature pages of this Agreement or in any Assumption Agreement or Transfer Supplement.

  • Natixis means Natixis Real Estate Capital LLC and its successors in interest.

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.