Excluded Originator definition

Excluded Originator has the meaning provided in the Receivables Sale Agreement.

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Excluded Originator has the meaning provided in Section 1.8.

Excluded Originator is defined in Section 13.18.

Examples of Excluded Originator in a sentence

The parties hereto shall work together in good faith to effectuate any actions as may be appropriate in connection with the designation of an Originator as an Excluded Originator.
The representations, covenants and provisions of this Agreement and the other Transaction Documents applicable to an Originator shall no longer be applicable to an Excluded Originator after the Exclusion Effective Date for such Excluded Originator.
On and after the date on which any Originator is designated an Excluded Originator under the Receivables Sale Agreement, each Pool Report shall exclude any such Excluded Originator.
The representations, covenants and provisions of this Agreement applicable to an Originator shall no longer be applicable to an Excluded Originator after the Exclusion Effective Date for such Excluded Originator.
Solely to the extent relating to Excluded Receivables, Buyer shall terminate or amend any UCC financing statement filed naming the Buyer as secured party and the Excluded Originator as debtor, (a) terminate any Collection Account Agreement governing any Lock-Box or Collection Account relating solely to such Excluded Originator and (b) take any other actions as may be appropriate to evidence or record the termination of such Excluded Originator contemplated hereby.

More Definitions of Excluded Originator

Excluded Originator has the meaning specified in Section 7.19.

Excluded Originator means each Originator (or sub-division or business unit or other similar entity thereof) listed on Schedule IV, which schedule may be amended, modified, restated, supplemented or replaced from time to time with the consent of the Administrative Agent, the Majority Group Agents and the Borrower.

Excluded Originator means any Originator that has become subject after the Effective Date to any change in the Regulatory Actions and Approvals or other applicable Law to which it is subject, or there is a change in the implementation or manner of compliance with any of the foregoing that, in any event, individually or in the aggregate, (i) adversely affects the ability of such Originator to generate Receivables of the same character or credit quality as currently applicable on the Effective Date in any material respect, (ii) adversely affects the ability of the Originator or any assignee or transferee of the Originator to originate, enforce, service (including any servicing by such Originator as a subservicer for Covanta, if applicable), assign, transfer or pledge Receivables or otherwise perform any of the activities contemplated by the Transaction Documents in any material respect, or (iii) otherwise could reasonably be expected to have or result in a Material Adverse Effect.

Excluded Originator has the meaning provided in Section 1.8. “Excluded Receivable” shall mean, with respect to any Excluded Originator, any Receivable originated by such Excluded Originator on or after the related Effective Date. “Excluded Subsidiary” has the meaning provided in the Parent Credit Agreement. “Executive Officer” shall mean with respect to any Person, the Chief Executive Officer, President, Vice Presidents (if elected by the Board of Directors of such Person), Chief Financial Officer, Treasurer, Secretary and any Person holding comparable offices or duties (if elected by the Board of Directors of such Person).

Excluded Originator has the meaning provided in the Receivables Sale Agreement. “Excluded Receivable” has the meaning provided in the Receivables Sale Agreement.

Excluded Originator has the meaning specified in Section 7.19. Schedule 1 to Master Framework Agreement – page 11

Excluded Originator has the meaning set forth in Section 2.3 of this Agreement.