DALC Purchase definition

DALC Purchase means the purchase by TMN of certain Receivables and related assets from the Originator pursuant to the Originator Receivables Purchase Agreement prior to the Original Closing Date.

Examples of DALC Purchase in a sentence

  • All applicable waiting periods with respect to the DALC Purchase have expired without any action being taken by any competent governmental authority which restrains, prevents or imposes material adverse conditions upon the consummation of the DALC Purchase.