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

• The Seller shall not deliver, and shall prohibit its Affiliates and any third party with which the Seller or any Affiliate thereof has contracted from delivering, in writing or orally, any Transaction Information to any Rating Agency without first providing such Transaction Information to each Conduit Purchaser.

• The Servicer shall not participate, and shall prohibit its Affiliates and any third party with which the Servicer or any Affiliate thereof has contracted from participating, in any oral communications with respect to Transaction Information with any Rating Agency without the participation of each Conduit Purchaser.

• Upon a request by the Seller pursuant to Section 2.03, and on the terms and subject to the conditions hereinafter set forth, the Committed Purchasers shall, ratably in accordance with their respective Commitments, severally and not jointly, make (or cause its Related Conduit Purchaser to make) payments of Capital to the Seller from time to time during the period from the Closing Date to the Termination Date.

• Any Conduit Purchaser’s Related Committed Purchaser or Liquidity Provider may freely assign its Capital or any portion thereof, or interest therein, to its Related Conduit Purchaser at any time without prior notice to, or any consent of, any other Person.

• This clause (b) shall not be construed to permit any Committed Purchaser to assign any portion of its Commitment or Accordion Commitment to any Conduit Purchaser.

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.