Financed definition

Financed when used with respect to Student Loans or Eligible Loans, means Student Loans or Eligible Loans, as the case may be, acquired by the Issuer or the Eligible Lender Trustee on behalf of the Issuer with moneys in the Acquisition Fund, any Eligible Loans received in exchange for Financed Student Loans upon the sale thereof or substitution therefor in accordance with Section 4.02 hereof and any other Student Loans deemed to be “Financed” with moneys in the Acquisition Fund pursuant to this Indenture, but does not include Student Loans released from the lien of this Indenture and sold, as permitted in this Indenture, to any purchaser, including a trustee for the holders of the Issuer’s bonds, notes or other evidences of indebtedness issued other than pursuant to this Indenture.

Financed when used with respect to Student Loans or Eligible Loans, shall mean Student Loans or Eligible Loans, as the case may be, acquired or originated by the Trustee on behalf of the Corporation with moneys in the Acquisition Fund or the Surplus Account, any Eligible Loans received in exchange for Financed Student Loans upon the sale thereof or substitution therefor in accordance with Section 4.2 hereof and any other Student Loans deemed to be "Financed" with moneys in the Acquisition Fund and the Surplus Account pursuant to this Indenture, but does not include (1) Student Loans released from the lien of this Indenture and sold, as permitted in this Indenture, to any purchaser, including a trustee for the holders of the Corporation's bonds, notes or other evidences of indebtedness or (2) for certain purposes under this Indenture, Liquidated Alternative Loans.

Financed means a Student Loan acquired by the Depositor or the Eligible Lender Trustee on behalf of the Depositor.

Examples of Financed in a sentence

• The contracts must also include a provision for compliance with the Copeland “Anti-Kickback” Act (40 U.S.C. 3145), as supplemented by Department of Labor regulations (29 CFR Part 3, “Contractors and Subcontractors on Public Building or Public Work Financed in Whole or in Part by Loans or Grants from the United States”).

• When required by Federal program legislation, all prime construction contracts in excess of $2,000 awarded by non-Federal entities must include a provision for compliance with the Davis-Bacon Act (40 U.S.C. 3141-3144, and 3146-3148) as supplemented by Department of Labor regulations (29 CFR Part 5, “Labor Standards Provisions Applicable to Contracts Covering Federally Financed and Assisted Construction”).

• The contracts must also include a provision for compliance with the Xxxxxxxx "Anti-Kickback" Act {40 U.S.C. 314S), as supplemented by Department of Labor regulations (29 CFR Part 3, "Contractors and Subcontractors on Public Building or Public Work Financed in Whole or in Part by Loans or Grants from the United States").

• When required by Federal program legislation, all prime construction contracts in excess of $2,000 awarded by non-Federal entities must include a provision for compliance with the Xxxxx-Xxxxx Act (40 U.S.C. 3141-3144, and 3146-3148) as supplemented by Department of Labor regulations (29 CFR Part S, "Labor Standards Provisions Applicable to Contracts Covering Federally Financed and Assisted Construction").

• The Servicer will, in accordance with its Customary Servicing Practices, take such steps as are necessary to maintain perfection of the security interest created by each Receivable in the related Financed Vehicle.

More Definitions of Financed

Financed or “Financing” when used with respect to Eligible Loans, shall mean or refer to Eligible Loans (a) financed or refinanced by the Authority with balances in the Student Loan Fund or otherwise pledged by the Authority hereunder and constituting a part of the Trust Estate, including, without limitation, the Eligible Loans described in Sections 2.11 and 5.02 hereof, and

Financed in the case of Eligible Loans and Student Loans generally, shall mean those acquired by the Trustee on behalf of the Corporation with moneys derived from any of the funds or accounts established by the Indenture; and where the context so permits or requires such usage, shall mean those specific Eligible Loans so acquired by the Trustee on behalf of the Corporation from the Lender pursuant to this Agreement, inclusive of the promissory notes evidencing such Eligible Loans or Student Loans and the related documentation in connection with each thereof.

Financed shall have meanings correlative to the foregoing.

Financed. Finance" and "Financing" mean any purchase or financing of any Lease, Exempt Lease or Equipment by GE Capital VFS (or any Program Affiliate).

Financed. Finances," "Financing" and similar terms shall mean the provision of financing to Borrower, its Subsidiaries and/or its Affiliates whether in the form of a loan, a synthetic lease, a sale-leaseback transaction, or similar or related financing structure, but shall specifically exclude trade payables incurred in the ordinary course of business consistent with past practices and Indebtedness permitted pursuant to Section 5.4(b)(iv), (vi), (vii) and (viii).

Financed or "FINANCING" when used with respect to Eligible Loans, shall mean or refer to Eligible Loans (a) financed by the Issuer with balances in the Acquisition Fund or otherwise deposited in or accounted for in the Acquisition Fund or otherwise constituting a part of the Trust Estate and (b) Eligible Loans substituted or exchanged for Financed Eligible Loans, but does not include Eligible Loans released from the lien of this Indenture and sold or transferred, to the extent permitted by this Indenture.

Financed or “Financing” when used with respect to Eligible Loans, shall mean or refer to Eligible Loans (a) financed by the Authority with balances in the Acquisition Fund or otherwise deposited in or accounted for in the Acquisition Fund or otherwise constituting a part of the Trust Estate, including, without limitation, the Eligible Loans described in Section 2.12(c) and Section 5.02 hereof, and (b) Eligible Loans substituted or exchanged for Financed Eligible Loans, but does not include Eligible Loans released from the lien of this Indenture to the extent permitted by this Indenture.