Eligible Foreign Obligor definition
Eligible Foreign Obligor means a Foreign Obligor whose head office (domicile), registered office and chief executive office is in a country that is not a Sanctioned Country.
Eligible Foreign Obligor means an Obligor which is a resident of any country (other than the United States) that has a long-term currency rating of at least “A” by Standard and Poor’s and “A2” by Moody’s.
Eligible Foreign Obligor means an Obligor (i) that is organized in or that has a head office (domicile), registered office, and chief executive office located in a country that is reasonably acceptable to the Majority Group Agents, and (ii) the Contract that gave rise to such Receivable is governed by the respective laws of a jurisdiction that is reasonably acceptable to the Majority Group Agents or a state, territory, district, commonwealth, or possession of the United States of America.
More Definitions of Eligible Foreign Obligor
Eligible Foreign Obligor means a Foreign Obligor in respect of an Eligible Timeshare Loan.
Eligible Foreign Obligor means an Obligor which is both (i) either (A) organized under the laws of any country (other than the United States) that has a long-term foreign currency rating of at least “A” by Standard & Poor’s and “A2” by Moody’s or (B) organized under the laws of an OECD Country and (ii) not a Sanctioned Person.
Eligible Foreign Obligor means an Obligor organized in an Approved Foreign Jurisdiction.
Eligible Foreign Obligor means an Obligor which is neither a U.S. Obligor nor a Sanctioned Person.
Eligible Foreign Obligor means an Obligor with respect to any Receivables that is domiciled in an Eligible Foreign Country (other than the United States or any subdivision thereof).
Eligible Foreign Obligor means an Obligor with its headquarters, principal place of business and primary operations in an Eligible Foreign Country.
Eligible Foreign Obligor means an Obligor that is organized in and that has a head office (domicile), registered office and chief executive office that is located in an Eligible Foreign Country.