Conduit Purchaser definition

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

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Conduit Purchaser means each commercial paper conduit listed as such as set forth on the signature pages of this Agreement.

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

Examples of Conduit Purchaser in a sentence

Effective as of the date hereof, Victory shall be a Conduit Purchaser under the Receivables Purchase Agreement for all purposes thereof and of the other Transaction Documents and Victory assumes all related rights and agrees to be bound by all of the terms and provisions applicable to Conduit Purchasers contained in the Receivables Purchase Agreement and the other Transaction Documents.
Effective as of the date hereof, Gotham shall be a Conduit Purchaser under the Receivables Purchase Agreement for all purposes thereof and of the other Transaction Documents and Gotham assumes all related rights and agrees to be bound by all of the terms and provisions applicable to Conduit Purchasers contained in the Receivables Purchase Agreement and the other Transaction Documents.
Each of the parties hereto hereby consents to (i) the foregoing joinder of MUFG in the capacities of a Group Agent and a Committed Purchaser, (ii) the foregoing joinder Gotham in the capacity of a Conduit Purchaser and (iii) the foregoing joinder Victory in the capacity of a Conduit Purchaser, and, in each case, any otherwise applicable conditions precedent thereto under the Receivables Purchase Agreement and the other Transactions, other than as set forth herein are hereby waived.
Any amount which any Conduit Purchaser does not pay pursuant to the operation of the preceding sentence shall not constitute a claim (as defined in Section 101 of the Bankruptcy Code) against or company obligation of such Conduit Purchaser for any such insufficiency unless and until such Conduit Purchaser satisfies the provisions of clauses (i) and (ii) above.

More Definitions of Conduit Purchaser

Conduit Purchaser means each commercial paper conduit that is a party to this Agreement, as a purchaser, or that becomes a party to this Agreement, as a purchaser pursuant to an Assumption Agreement or otherwise.

Conduit Purchaser means, with respect any Purchaser Group, each Person specified as such on Schedule II to this Agreement or in the Assignment and Acceptance Agreement pursuant to which such Person became a party hereto and their respective successors and permitted assigns (including any related Permitted Conduit Assignee), and “Conduit Purchasers” shall mean, collectively, all of the foregoing.

Conduit Purchaser has the meaning set forth in the preamble.

Conduit Purchaser shall have the meaning set forth in the Note Purchase Agreement.

Conduit Purchaser means (i) any Purchaser which is designated as a “Conduit Purchaser” on the signature pages to the VF3 Note Purchase Agreement and (ii) any Purchaser which is designated as a “Conduit Purchaser” on the signature pages of any assignment agreement pursuant to which it becomes a party to the VF3 Note Purchase Agreement.

Conduit Purchaser means (i) each Person identified from time to time as a “Conduit Purchaser” on Schedule I hereto which, in the ordinary course of its business, issues Commercial Paper, the proceeds of which Commercial Paper are used by such Conduit Purchaser to acquire and maintain its Net Investment (and increases therein) and its undivided interest in the Transferred Assets, and (ii) each successor to or assignee of any Person described in preceding clause (i) that is (x) administered by the same Funding Agent (or an Affiliate of such Funding Agent) that administers such Person described in preceding clause (i), or (y) provided with a funding commitment and/or liquidity support by the same Committed Purchaser and/or Conduit Support Provider that provides a funding commitment and/or liquidity support to such Person described in preceding clause (i) and, in the case of this clause (ii), that is a receivables investment company which, in the ordinary course of its business, issues commercial paper or other securities (or otherwise obtains proceeds from the issuance of commercial paper or other securities) to fund its acquisition and maintenance of receivables (or interests therein). For the avoidance of doubt, one identified Person may act as a Conduit Purchaser and as a Committed Purchaser.

Conduit Purchaser means each multi-seller asset-backed commercial paper conduit listed as such as set forth on the signature pages of this Agreement or in any Joinder, other than any such Person that ceases to be a party hereto pursuant to such Joinder.