KBUSA definition

KBUSA means Key Bank USA, National Association, and its successors in interest.

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KBUSA means Key Bank USA, National Association, predecessor in interest to KBNA.

KBUSA or the “Seller”), KEY CONSUMER RECEIVABLES LLC, a Delaware limited liability company, as purchaser (the “Purchaser”) and BANK ONE, NATIONAL ASSOCATION, a national banking association, not in its individual capacity but solely as depositor eligible lender trustee (the “Depositor Eligible Lender Trustee”).

Examples of KBUSA in a sentence

• KBUSA and the Depositor may have filed one or more amendments thereto, each of which amendments has previously been furnished to the Representative.

• The relative benefits received by the Depositor and KBUSA on the one hand and the Underwriters on the other shall be deemed to be in the same proportion as the total net proceeds from the offering (before deducting expenses) received by the Depositor and KBUSA bear to the total underwriting discounts and commissions received by the Underwriters.

• The Eligible Lender Trustee may permit trusts, other than the Trust, established by the Depositor or KBUSA to securitize student loans to use the Department lender identification number applicable to the Trust.

• Each KBUSA Financed Student Loan that is KBUSA Financed Guaranteed Private Loan qualifies the holder thereof to receive Guarantee Payments from the applicable Guarantor pursuant to the related Guarantee Agreement.

• The foregoing sale does not constitute and is not intended to result in any assumption by the Depositor Eligible Lender Trustee or the Purchaser of any obligation of the Seller to the borrowers of such KBUSA Additional Student Loans or any other person in connection with the KBUSA Additional Student Loans or any agreement or instrument relating to any of them.

• All filings (including UCC filings) and/or delivery requirements necessary in any jurisdiction to give the Depositor Eligible Lender Trustee on behalf of the Purchaser a first perfected ownership interest in the KBUSA Financed Student Loans have been made or satisfied, as the case may be.

• It is the express intent of the parties hereto that each conveyance of the KBUSA Financed Student Loans by the Seller to the Purchaser (and, with respect to legal title to such KBUSA Financed Student Loans, to the Depositor Eligible Lender Trustee,) as contemplated by this Agreement be (and be treated as) a sale.

• No borrower of a KBUSA Financed Student Loan is the United States of America or any State or any agency, department, subdivision or instrumentality thereof.

• It is, further, not the intention of the parties that such conveyance be deemed a pledge of any such KBUSA Financed Student Loans by the Seller to the Depositor Eligible Lender Trustee on behalf of the Purchaser to secure a debt or other obligation of the Seller.

• Capitalized terms used but not defined herein shall have the meaning assigned to them in the KBUSA Subsequent Transfer Agreement.

More Definitions of KBUSA

KBUSA or the "Seller");