Funding SPV definition

Funding SPV means Radiant Funding SPV, LLC, a Delaware limited liability company.

Funding SPV shall have the meaning set forth in the recitals.

Funding SPV means Radiant Funding SPV, LLC, a Delaware limited liability company. “GAAP” means generally accepted accounting principles in the United States as in effect from time to time. In the event that any “Accounting Change” (as defined below) shall occur and such change results in a change in the method of calculation of financial covenants, standards or terms in this Agreement, then the Borrower and the Administrative Agent agree to enter into negotiations to promptly amend such provisions of this Agreement so as to reflect equitably such Accounting Changes with the desired result that the criteria for evaluating the Borrower’s results of operations and/or financial condition shall be the same after such Accounting Changes as if such Accounting Changes had not been made. Until such time as such an amendment shall have been executed and delivered by the Borrower, the Administrative Agent and the Required Lenders, all financial covenants, standards and terms in this Agreement shall continue to be calculated or construed as if such Accounting Changes had not occurred. “Accounting Changes” refers to changes in accounting principles required by the promulgation of any rule, regulation, pronouncement or opinion by the Financial Accounting Standards Board or, if applicable, the SEC. “Governmental Authority” means the government of the United States, any other nation or any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government, any securities exchange and any self-regulatory organization (including the National Association of Insurance Commissioners). “Group Members” means the collective reference to the Borrower and its Restricted Subsidiaries. “Guarantee and Collateral Agreement” means the Term Loan Guarantee and Collateral Agreement, dated as of the Closing Date, executed and delivered by the Borrower and each Subsidiary Guarantor, substantially in the form of Exhibit D, as the same may be amended, restated, amended and restated, modified, supplemented and/or replaced (in form reasonably satisfactory to the Administrative Agent) from time to time. “Guarantee Obligation” means as to any Person (the “guaranteeing person”), any obligation, including a reimbursement, counterindemnity or similar obligation, of the guaranteeing Person that guar...

Examples of Funding SPV in a sentence

• Wema Funding SPV PLC was incorporated on 30 June 2016 and commenced operations on 12 October 2016.

• The Wema SPV of 2020: N24,749,414,000 (2019: N24,705,937,000) represents amortized cost of the fixed rate unsecured bond issued by Wema Funding SPV Plc.

• The wholly owned subsidiary was incorporated in Nigeria on the 30th of June, 2016 (Registration Number 1345745) as a public limited company under the name of Wema Bank Funding SPV Plc.

• The bank has a wholly owned subsidiary which is WEMA Bank Funding SPV Plc 1.1 Going ConcernThe Bank received its national banking license from Central Bank of Nigeria in November 2015 and now operate as a National Bank as against its previous status as a regional bank.

• The consolidated financial statements incorporate the financial statements of the bank and its subsidiary (Wema Funding SPV Plc).

• The adjustment reflects the deconsolidation of the B-BBEE Funding SPV (the “BEE SPV”) and the Alexander Forbes Management Share Trust Funding SPV (the “Management SPV”) resulting from the sale of the Company’s shares in the BEE SPV and the Management SPV as part of the Offer and utilisation of the proceeds to repay the underlying funding.

• The actual split of the Black Managers Trust shares acquired by PPC and PPC Black Managers Trust Funding SPV may be different to the split reflected in the pro forma financial information as a result of the capital redemptions and finance costs that are still to be incurred between 30 September 2013 and the completion of the Transaction.

• The bank has a wholly owned subsidiary which is WEMA Funding SPV Plc.The consolidated and separate financial statements as at and for the year ended 31 December 2021 comprise the Bank and its subsidiary (together "the Group").

• The Executive do manage projects so that each local authority is not disadvantaged and so that wherever possible there is also a more local link to development.

• The PPC Black Managers Trust Funding SPV will continue to be consolidated as it is a wholly owned subsidiary of PPC.

More Definitions of Funding SPV

Funding SPV has the meaning specified in Section 14.22(a).

Funding SPV means Wabco Funding SPRL, a Belgian company with its registered office at Xxx xx Xxxxxx 00, 0000 Xxxxxxx, Xxxxxxx;