Conduit definition

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

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Conduit shall have the meaning assigned to such term in Section 19(f).

Conduit has the meaning set forth in the preamble to this Agreement.

Examples of Conduit in a sentence

• If at any time any Conduit Investor is not an Eligible Conduit Investor, such Conduit Investor shall promptly notify the Class A-VF Administrative Agent (who shall promptly notify the related Funding Agent and the Issuer) thereof.

• Any such amount which any Conduit Investor does not pay pursuant to the operation of the preceding sentence shall not constitute a claim against or corporate obligation of such Conduit Investor for any such insufficiency unless and until funds received pursuant to this Agreement or the Notes and are available for the payment of such amounts as aforesaid.

• Notwithstanding any other provision set forth in this Agreement, each Conduit Investor may at any time grant to one or more Program Support Providers a participating interest in or lien on such Conduit Investor’s interests in the Class A-VF Advances made hereunder and such Program Support Provider, with respect to its participating interest, shall be entitled to the benefits granted to such Conduit Investor under this Agreement.

• VCP RRL ABS V, LLC, as Issuer By: Name: Title: VISTA CREDIT STRATEGIC LENDING CORP., as Collateral Manager By: Name: Title: MUFG BANK, LTD., as Class A-VF Administrative Agent By: Name: Title: MUFG BANK, LTD., as Committed Note Purchaser By: Name: Title: MUFG BANK, LTD., as Funding Agent By: Name: Title: GOTHAM FUNDING CORPORATION, as Conduit Investor By: Name: Title: VICTORY RECEIVABLES CORPORATION, as Conduit Investor By: Name: Title: MUFG Bank, Ltd.

• Nothing contained herein shall preclude participation by any of the Issuer, the Collateral Manager or a Purchaser in assertion or defense of its claims in any such proceeding involving a Conduit Investor.

More Definitions of Conduit

Conduit means a structure containing one or more Ducts, usually placed in the ground, in which cables or wires may be installed.

Conduit means an issuer of a short-term securitized product

Conduit means a tube or other similar enclosure that may be used to house copper, fiber or coaxial communications cables or communications-related power cables. Conduits may be underground or above ground (for example, inside buildings) and may contain one or more inner ducts. An inner duct is a separate tube or enclosure within a Conduit.

Conduit means a person that is not a political party, political committee, or candidate

Conduit means any passage or opening in, on, under, over or through the Sprint Central Office Building cable or conduit systems.

Conduit means underground structures which act as pathways and receptors for chemicals of concern, including but not limited to gravity drain lines and sanitary or storm sewers.

Conduit means a person that is not a political party, political committee, or candidate and which receives a contribution of money and transfers the contribution to a candidate, political party, or political committee when the contribution is designated specifically for the candidate, political party, or political committee and the person has no discretion as to the recipient and the amount transferred. The term includes a transactional intermediary, including a credit card company or a money transfer service that pays or transfers money to a candidate on behalf of another person.