Originator Note definition

Originator Note is defined in the applicable Second Tier Sale Agreement.
Originator Note has the meaning specified in the Purchase Agreement.
Originator Note has the meaning ascribed to such term in the Originator Sale Agreement.

Examples of Originator Note in a sentence

  • The Exiting Originator represents and warrants to the other parties hereto that it (a) currently holds the Subordinated Note made by the Buyer to the Exiting Originator (the “Exiting Originator Note”) and (b) has not sold, pledged, assigned, or otherwise transferred the Exiting Originator Note or any interest therein.

  • The Exiting Originator Note is hereby cancelled and shall have no further force or effect.

  • The Released Originator Note is hereby cancelled and shall have no further force or effect.

  • The Exiting Originator acknowledges and agrees that all the Buyer’s outstanding obligations (including, without limitation, any payment obligations) under the Exiting Originator Note have been finally and fully paid and performed on or prior to the date hereof.

  • After the Collateral has been fully realized and exhausted, all sums due but still unpaid in respect of the SPC’s obligations hereunder and under the Originator Note shall be extinguished, and the Bank shall not have the right to proceed against the SPC, any of its Affiliates or any of its officers, directors, shareholders or agents for the satisfaction of any monetary claim or for any deficiency judgment remaining after depletion of any property included in the Collateral.


More Definitions of Originator Note

Originator Note means the note issued by the SPC to the Bank on the Closing Date pursuant to Section 2.2(a), substantially in the form of Exhibit C.
Originator Note has the meaning set forth in Section 2.02(c).
Originator Note has the meaning set forth in Section 1.5(b) --------------- -------------- of the Agreement.
Originator Note shall have the meaning set forth in Section 1.7 of the Purchase and Sale Agreement.
Originator Note means, collectively, (i) the subordinated promissory note --------------- dated as of the initial Purchase Date issued by the Borrower to ▇▇▇▇▇ pursuant to the Receivables Purchase Agreement and (ii) any other promissory notes subsequently issued by the Borrower to ▇▇▇▇▇ pursuant to the Receivables Purchase Agreement, which promissory notes in each case shall be in the form of Exhibit G hereto. ---------
Originator Note means the promissory note in substantially the form --------------- of Exhibit VII hereto as more fully described in Section 1.2 of the Agreement, ----------- ----------- as the same may be amended, restated, supplemented or otherwise modified from time to time.
Originator Note and "Originator Notes" have the meanings set forth in the Sale Agreement.