Originations definition

Originations means the Finance Contracts recorded by Company on its books and records as an asset regardless if such Finance Contracts are purchased by Company from an Authorized Dealer, Snap-on Incorporated or any of its Affiliates or are originated directly by Company or are originated directly by Newcourt pursuant to any vendor program agreement authorized by Company; provided, however, that any Finance Contracts included in the Existing Portfolio shall be excluded from the definition.
Originations. , as used in this Prospectus, means the value of Credit Assets acquired by the Company on a monthly basis. “Redemptions”, as used in this Prospectus, means the value of repayments on the Credit Assets received by the Company on a monthly basis. Originations and Redemptions from October 2017 to November 2018 are set out in the chart below.
Originations has the meaning set forth in Section 2.5(a)(iii).

Examples of Originations in a sentence

  • Genasys Primary consumer Credit Originations platform for Retail Card portfolios.

  • The number of vested Restricted Shares shall be calculated by multiplying 100,000 by the fraction in which the numerator is the dollar amount of the highest Wholesale Originations achieved in any calendar month prior to the date of termination and the denominator is $100,000,000.

  • The term "Originations" shall mean the Finance Contracts recorded by Company on its books and records as an asset regardless if such Finance Contracts are purchased by Company from an Authorized Dealer, Snap-on Incorporated or any of its Affiliates or are originated directly by Company or are originated directly by Newcourt pursuant to any vendor program agreement authorized by Company; provided, however, that any Finance Contracts included in the Existing Portfolio shall be excluded from the definition.

  • Upon the occurrence of an Originations Reduction Event, any existing Commitments (other than with respect to then outstanding Borrowing requests under Section 2.1) shall be terminated unless the Administrative Agent and the Borrower otherwise agree in writing.

  • By: By: Name and Title of Signer Name and Title of Signer Date Signed Date Signed By: Name and Title of Signer Date Signed Project Description: Student Loan Originations All SUBSCRIBER orders placed hereunder shall be made under the following TransUnion Subscriber Code(s): .

  • The Mortgage Authority does not accept third party originated loans, unless a specific Sale Agreement Addendum to Allow Third Party Originations is fully executed and all provisions of the Addendum are complied with.

  • In order to increase your internal security, we strongly recommend that the Primary Administrator assign dual control to initiate transactions such as Funds Transfers and ACH Originations whenever possible.

  • Provided for VoIP Inbound Local Originations, this feature [Local Service - Directory Listings] includes non-listed, non-published, and additional listings.

  • The Employee shall also work with the Senior Vice President - Internet Origination's to improve and eventually support an in-house American Home Mortgage internet web site, and take all other actions necessary to cause American Home Mortgage to be a leader in internet organization's current with state of the art practices and technology.

  • The proceeds of (a) the Term Loan A and the Term Loan A-1 shall be used to fund working capital and provide for general corporate purposes of the Borrower and its Subsidiaries (including, without limitation, to fund acquisitions and originations (consistent with the requirements of Section 5.01(l))), and (b) the Term Loan B shall be used to fund (i) Permitted Acquisitions and (ii) Permitted Originations.


More Definitions of Originations

Originations means the principal value, based on the cost of equipment funded, of actual, closed originations of equipment leases, loans, rentals, notes and similar equipment-related financing products offered by the Company during the applicable year, calculated in accordance with the practices of the Company in effect as of immediately prior to the date hereof.