Foreign Purchased Asset definition

Foreign Purchased Asset means any Purchased Asset secured directly or indirectly by Mortgaged Property located outside of the United States of America or any territory thereof. Any Foreign Purchased Asset that is repurchased by a Seller in accordance with this Agreement shall cease to be a Purchased Asset.
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Foreign Purchased Asset means (i) with respect to any Transaction, the Eligible Assets secured by Mortgaged Property located in a Permitted Foreign Jurisdiction and which is sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions for Foreign Purchased Assets in general, all Eligible Assets secured by Mortgaged Property located in a Permitted Foreign Jurisdiction sold by Seller to Buyer.
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Foreign Purchased Asset means a Purchased Asset with respect to which the Underlying Mortgaged Property is located in England and Wales.
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Examples of Foreign Purchased Asset in a sentence

  • Notwithstanding anything herein to the contrary, no representation is made as to the perfection of any security interest in rents or other personal property to the extent that possession or control of such items or actions other than the filing of UCC financing statements (or, with respect to any Foreign Purchased Asset, their equivalent under applicable Requirements of Law in the relevant non-U.S. jurisdiction) is required in order to effect such perfection.

  • Other than with respect to a Non-Conduit Asset or a Foreign Purchased Asset, no such Mortgage Loan that is secured by more than one Mortgaged Property or that is cross-collateralized with another Mortgage Loan permits the release of cross-collateralization or of any related Mortgaged Property other than in compliance with the REMIC Provisions.

  • There exists as part of the related Purchased Asset File an Assignment of Leases (either as a separate instrument or incorporated into the related Mortgage) or, with respect to any Foreign Purchased Asset, other applicable equivalent Purchased Asset Document in the applicable jurisdiction (“ALR Equivalent”).

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  • The terms of the related Purchased Asset Documents require the related Mortgagor to comply in all material respects with all applicable governmental regulations, zoning and building laws (or, with respect to any Foreign Purchased Asset, the equivalent in the relevant non-U.S. jurisdiction).

  • SHORT ANSWER This memo addresses both the Privacy Rules and the Transaction Rules, because the standards under each set of rules use different definitions.

  • One of the key measures has been the system of Community Disaster Management Plans.

  • The Foreign Purchased Asset is not cross-collateralized or cross-defaulted with any other loan or security.

  • If the adoption of robots in the period of interest (2011- 2018) is statistically correlated, conditional on the controls variables used in the specifica- tion, with the employment dynamics in the previous period, one cannot exclude that our main regressions pick up pre-existing local trends rather than contemporaneous effects.

  • In the year under review, CA Sri Lanka intensified delivering value as a professional body keeping pace with the changes, needs and trends enveloping the society and environment.The Institute promotes good governance, transparency and accountability with the commitment to ensure a high level of professional competence at the highest levels of integrity in a significant manner towards the national development efforts.


More Definitions of Foreign Purchased Asset

Foreign Purchased Asset means a Purchased Asset with respect to which the Underlying Mortgaged Property is located in England and Wales. “ Fraudulent Transfer Laws ” shall have the meaning specified in Article 29(b) .
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Related to Foreign Purchased Asset

  • Foreign Purchaser has the meaning assigned thereto in Section 8(d).

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Purchased Asset Documents means, with respect to a Purchased Asset, the documents comprising the Purchased Asset File for such Purchased Asset.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Purchased Loan A motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by CAC or a subsidiary from such Dealer and evidenced by a motor vehicle retail installment sales contract.

  • Purchased Mortgage Loans means the collective reference to Mortgage Loans sold by Seller to Buyer in a Transaction hereunder, listed on the related Mortgage Loan Schedule attached to the related Transaction Request, which such Mortgage Loans the Custodian has been instructed to hold pursuant to the Custodial Agreement.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Excluded Asset means any asset of any Grantor excluded from the security interest hereunder by virtue of Section 2.2 hereof but only to the extent, and for so long as, so excluded thereunder.

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Locational UCAP Seller means a Member that sells Locational UCAP.

  • U.S. Purchaser is (a) any U.S. Person that purchased Units, (b) any person that purchased Units on behalf of any U.S. Person or any person in the United States, (c) any purchaser of Units that received an offer of the Units while in the United States, (d) any person that was in the United States at the time the purchaser’s buy order was made or the subscription agreement for Units was executed or delivered;

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Receivables Purchase Price The amount described in Section 2.02 of the Pooling Agreement.

  • Retained Mortgage Loan File A file for each Mortgage Loan maintained by the Servicer prior to any Document Transfer Date and by the Custodian after any Document Transfer Date that contains the documents specified in Section 2.01(b) of the Pooling and Servicing Agreement and any additional documents required to be added to the Retained Mortgage Loan File pursuant to the Pooling and Servicing Agreement.

  • Specified Asset as defined in subsection 4.2.2 hereof.

  • Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to the sum of (i) the Aggregate Principal Balance of all Collateral Obligations sold and/or contributed to the Buyer by the Seller (directly or indirectly) hereunder prior to such date plus (ii) the Aggregate Principal Balance of all Collateral Obligations acquired by the Buyer other than from the Seller prior to such date, in each case calculated as of the date of the Buyer’s acquisition thereof.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Purchased Loans means, with respect to each Purchase Agreement, the Loans offered for sale and purchased or substituted pursuant to such Purchase Agreement.

  • Conforming Mortgage Loan means a first lien Mortgage Loan originated in accordance with the criteria of an Agency for purchase of Mortgage Loans, including, without limitation, conventional Mortgage Loans, FHA Loans and VA Loans, as determined by Buyer in its sole discretion.