Originator definition

Originator means the sender of the first payment order in a funds transfer.

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Originator and “Originators” have the meaning set forth in the Purchase and Sale Agreement, as the same may be modified from time to time by adding new Originators or removing Originators, in each case with the prior written consent of the Administrative Agent.

Originator means, with respect to any Receivable, Santander Consumer.

Examples of Originator in a sentence

• New Originator has executed this Joinder Agreement as of the _____ day of _____________.

• The parties hereto shall work together in good faith to effectuate any actions as may be appropriate in connection with the designation of an Originator as an Excluded Originator.

• Each Originator has indicated on its books and records (including any computer files) that the Receivables, if any, sold and/or distributed by such Originator under the Receivables Distribution Agreement are the property of Seller.

• The representations, covenants and provisions of this Agreement applicable to an Originator shall no longer be applicable to an Excluded Originator after the Exclusion Effective Date for such Excluded Originator, and such Excluded Originator shall cease to be a party hereto.

• Each of Seller and ▇▇▇▇▇ authorizes and instructs each such Originator, as the accountholder of a Collection Account, to enter into a Control Agreement with the bank at which such Collection Account is held.

More Definitions of Originator

Originator s bank” means (i) the receiving bank to which the payment order of the originator is issued if the originator is not a bank, or (ii) the originator if the originator is a bank.

Originator has the meaning set forth in the preamble to the Agreement.

Originator has the meaning set forth in the Sale Agreement.

Originator means each Person from time to time party to the Sale Agreement as an Originator.

Originator is defined in the Preamble.

Originator means CNHICA.

Originator means either of the following: