non- consolidation definition

non- consolidation and "first perfected security interest" and certain other issues with respect to the transfer of the Financed Eligible Loans from the Sellers to Nelnet Funding, from Nelnet Funding to the Trust and from the Trust to the Trustee.
non- consolidation and "first perfected security interest" and certain other issues with respect to the transfer of the Trust Student Loans from the SLC to SLC Receivables, SLC Receivables to the Company and from the Company to the Indenture Trustee.

More Definitions of non- consolidation

non- consolidation. OPINION shall have the meaning provided in Section 2.5.16.
non- consolidation. Opinion shall have the meaning provided in Section 2.5.5.
non- consolidation and "first perfected security interest" and certain other issues with respect to the transfer of the Financed Eligible Loans from NELF to Nelnet Funding, and from Nelnet Funding to the Trust and with respect to the pledge of the Financed Eligible Loans from the Trust to the Trustee.
non- consolidation and "first perfected security interest" and certain other issues with respect to the transfer of the Financed Eligible Loans from the Seller to Nelnet Funding, from Nelnet Funding to the Company and from the Company to the Trustee. You also shall have received an opinion addressed to you of Kutak Rock LLP, in its capacity as counsel to NELNET-2, dated xxx Xxxxxng Date, in form and substance satisfactory to you and your counsel, stating that the extraordinary optional redemption by NELNET-2 of certain series of its student loan auction rate notes with the proceeds received by NELNET-2 from the sale of the Financed Eligible Loans to Nelnet Funding (the "Redemption") is authorized and permitted pursuant to the terms of the indenture and indenture supplements under which such notes were issued.

Related to non- consolidation

  • Non-Consolidation Opinion means that certain substantive non-consolidation opinion delivered to Lender in connection with the closing of the Loan.

  • Non-significant effect means no substantial change to an environmental component and this no material bearing on the decision-making process.

  • Section 502(b)(10) changes means changes that contravene an express permit term or condition. Such changes do not include changes that would violate applicable requirements or contravene federally enforceable permit terms and conditions that are monitoring (including test methods), recordkeeping, reporting, or compliance certification requirements.

  • Taking-Over Certificate means the certificate to be issued by the Client to the Contractor, in accordance with the Contract.

  • ESG Pricing Provisions has the meaning specified in Section 2.18.

  • the first supplementary agreement means the agreement of which a copy is set out in the Second Schedule;

  • Non-Delay Certificates As specified in the Preliminary Statement.

  • Accounting Restatement means an accounting restatement that the Company is required to prepare due to the material noncompliance of the Company with any financial reporting requirement under the securities laws, including any required accounting restatement to correct an error in previously issued financial statements that is material to the previously issued financial statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period.

  • Pre-existing Medical Condition means any condition which:

  • Restructuring Effective Date has the meaning set out in the Restructuring Implementation Deed;

  • Amendment No. 5 Effective Date has the meaning assigned to such term in Amendment No. 5.

  • Amendment No. 6 Effective Date has the meaning assigned to such term in Amendment No. 6.

  • Tax Compliance Certificate as defined in Section 5.9.2(b)(iii).

  • Amendment No. 4 Effective Date has the meaning assigned to such term in Amendment No. 4.

  • Certificate of a Firm of Independent Public Accountants means a certificate signed by an independent public accountant or a firm of independent public accountants who may be the independent public accountants regularly retained by the Company or who may be other independent public accountants. Such accountant or firm shall be entitled to rely upon an Opinion of Counsel as to the interpretation of any legal matters relating to such certificate.

  • Trust Supplement means an agreement supplemental to the Basic Agreement pursuant to which (i) a separate trust is created for the benefit of the holders of Certificates of a Class, (ii) the issuance of the Certificates of a Class representing Fractional Undivided Interests in such trust is authorized and (iii) the terms of the Certificates of such Class are established, as such agreement may from time to time be supplemented, amended or otherwise modified.

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Amendment No. 7 Effective Date has the meaning assigned to such term in Amendment No. 7.

  • Amendment No. 3 Effective Date has the meaning specified in Amendment No. 3.

  • Initial Certificate Transfer Opinion means an opinion rendered by nationally recognized tax counsel (i) upon the initial transfer by the Depositor of a Certificate that results in the Issuer being treated as a partnership for United States federal income tax purposes and (ii) while any Note retained by the Issuer or a Person that is considered the same Person as the Issuer for United States federal income tax purposes is outstanding that (x) such Note will be debt for United States federal income tax purposes or (y) the transfer by the Depositor of such Certificate will not cause the Issuer to be treated as an association or publicly traded partnership taxable as a corporation.

  • Surviving Provisions has the meaning specified in Section 10.02.

  • Delay Certificates As specified in the Preliminary Statement.

  • Amendment No. 2 Effective Date has the meaning specified in Amendment No. 2.

  • Amendment No. 8 Effective Date has the meaning assigned to such term in Amendment No. 8.

  • Merger Effective Time shall have the meaning assigned to the term “Effective Time” in the Merger Agreement.

  • Restatement Agreement means the Restatement Agreement to the Existing Credit Agreement dated as of June 30, 2017 by and among each of the Loan Parties party thereto, the Administrative Agent and the Lenders party thereto.