Examples of New Originator in a sentence
The Issuer may propose that any member of the Group will become a New Originator and be allowed to transfer Eligible Assets to the CBC.
Any Receivables originated by a New Originator will have been originated in accordance with the Lending Criteria of the New Originator, which may differ from the Lending Criteria of Receivables originated by the Initial Originators.
New Originator has executed this Joinder Agreement as of the _____ day of ____________________.
The New Originator hereby agrees that it shall be bound by all of the terms, conditions and provisions of, and shall be deemed to be a party to (as if it were an original signatory to), the Purchase and Sale Agreement and each of the other relevant Transaction Documents.
Attached hereto are amended and restated versions of Annexes 1 and 2 to the Purchase and Sale Agreement incorporating relevant information with respect to New Originator.