Pass-Through Transaction definition

Pass-Through Transaction means a transaction consistent with the historical practices of the Loan Parties as of the Closing Date whereby one or more of the members of the Operating Group acquire title to Receivables using solely the proceeds of an equity Investment in, or incurrence of Indebtedness by, DAP I or DAP IV from investors and/or lenders (other than a Loan Party, a Permitted Holder or an Affiliate of any of the foregoing Persons) for the purpose of disposing of such Receivables to DAP I or DAP IV substantially contemporaneously with such acquisition.
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Pass-Through Transaction means a transaction whereby a Client acquires Programs and related services directly from Oracle in conjunction with and solely for use with KPMG's Integrated System and whereby KPMG pays to Oracle the applicable fees, subject to the terms of Section 2.4.
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Examples of Pass-Through Transaction in a sentence

  • With respect to each Pass-Through Transaction, KPMG shall have the nonexclusive right to submit a purchase order to Oracle for Oracle Programs and related services for use in the Territory only by the Client (an "Order").

  • The Senior Lender may, subject to compliance with applicable law, sell, assign, transfer, or otherwise dispose of all or any part of the Senior Lender's rights and benefits under each of the Notes, the Loan Documents and the Intercompany Loan Documents in a Pass-Through Transaction or otherwise or grant participations in the Notes.

Related to Pass-Through Transaction

  • Pass-Through Transfer The sale or transfer of some or all of the Mortgage Loans to a trust to be formed as part of a publicly-issued and/or privately placed, rated or unrated, mortgage pass-through transaction, retaining the Company as "servicer" (with or without a master servicer) thereunder.

  • Pass Through Trust means each of the two separate grantor trusts that have been created pursuant to the Pass Through Trust Agreements to facilitate certain of the transactions contemplated by the Operative Documents.

  • Related Pass Through Trust Agreement Means the Basic Agreement as supplemented by the Trust Supplement No. 1998-3C-1-S dated the date hereof relating to the Continental Airlines Pass Through Trust 1998-3C-1-S and entered into by the Company and the Trustee, which agreement becomes effective upon the execution and delivery of the Assignment and Assumption Agreement pursuant to Section 7.01 of this Trust Supplement.

  • Pass Through Trusts means all of such Pass Through Trusts. Pass Through Trustee. First Security Bank, National Association, a national banking association, in its capacity as Pass Through Trustee under the Pass Through Agreement and each Pass Through Trust.

  • Class A Pass Through Trust means the Delta Air Lines Pass Through Trust 2019-1A created pursuant to the Basic Pass Through Trust Agreement, as supplemented by Trust Supplement No. 2019-1A, dated as of the Issuance Date, between Company and U.S. Bank, as Class A Trustee.