Receivables Securitization Facility any one or more receivables financing facilities the obligations of which are non-recourse (except for customary representations, warranties, covenants and indemnities made in connection with such facilities) to the Parent Borrower and its Restricted Subsidiaries (other than a Receivables Subsidiary) pursuant to which the Parent Borrower or any Restricted Subsidiary sells its accounts receivable to either (a) a Person that is not a Restricted Subsidiary or (b) a Receivables Subsidiary that in turn funds such purchase by purporting to sell the accounts receivable to a Person that is not a Restricted Subsidiary or by borrowing from such a Person or from another Receivables Subsidiary that in turn funds itself by borrowing from such a Person.
Receivables Securitization Facility means (i) the Receivables Purchase Facility established for Aramark Receivables, LLC pursuant to the Receivables Purchase Agreement dated as of March 28, 2001 among Aramark Receivables, LLC and the other parties thereto, as amended and in effect from time to time, and (ii) any substantially similar receivable securitization facility established for the Parent Guarantor or any of its Subsidiaries.
Receivables Securitization Facility means the receivables securitization facility established pursuant to the following documents (and all other documents related to such facility), in each case as in effect from time to time, and any replacement, refinancing or extension thereof permitted pursuant to the terms of Section 5.14 (b)(vii) hereof: (i) that certain Third Amended and Restated Master Trust Agreement, dated as of August 19, 2003, by and among the Company, TMM Logistics, S.A. de C.V., Naviera Del Xxxxxxxx, X.X. de C.V. and The Bank of New York, as trustee, as amended by Amendment Number One to Third Amended and Restated Master Trust Agreement, dated as of December 29, 2003; (ii) that certain Amended and Restated Option Agreement, dated as of October 25, 2002, by and between TMM Multimodal and The Bank of New York, as amended by that certain Amendment Number Three to Amended and Restated Option Agreement, dated as of August 19, 2003, and that certain Amendment Number Four to Amended and Restated Option Agreement, dated as of December 29, 2003, by and between TMM Multimodal and The Bank of New York; (iii) that certain Amended and Restated Put Option Agreement, dated as of October 25, 2002, by and between TMM Multimodal and The Bank of New York, as amended by that certain Amendment Number Three to Amended and Restated Put Option Agreement, dated as of August 19, 2003, and that certain Amendment Number Four to Amended and Restated Put Option Agreement, dated as of December 29, 2003, by and between TMM Multimodal and The Bank of New York; (iv) that certain Series 2003-A Supplement, dated as of August 19, 2003, as amended by Amendment Number One to Series 2003-A Supplement, dated as of December 29, 2003, by and among the Company, TMM Logistics, S.A. de C.V., Naviera Del Xxxxxxxx, X.X. de C.V., The Bank of New York, and Maple Bank GmbH; (v) those certain Series 2003-A Investor Certificates issued by the Company in a principal amount equal to U.S. $54,000,000.00 and authorized by the Series 2003-A Supplement; (vi) that certain Amended and Restated Account Control Agreement, dated as of October 25, 2002, by and among The Bank of New York, as Trustee, the Company, Naviera del Xxxxxxxx, X.X. de C.V. and TMM Logistics, S.A. de C.V. and Citibank, N.A., as amended by that certain Amendment Number One to the Amended and Restated Account Control Agreement, dated as of December 10, 2002 and as amended by that certain Amendment Number Two to the Amended and Restated Account Control Agreement, dated as...
Examples of Receivables Securitization Facility in a sentence
Receivables Securitization Facility – We maintain a $600 million, 364-day receivables securitization facility under which we sell most of its eligible third-party receivables to Union Pacific Receivables, Inc.
Receivables Securitization Facility – We maintain an $800 million, 3-year receivables securitization facility (the Receivables Facility) maturing in July 2022.
Upon termination by the CONSTRUCTOR in accordance with section 11.5, the CONSTRUCTOR shall be entitled to recover from the OWNER payment for all Work executed and for any proven loss, cost, or expense in connection with the Work, including all demobilization costs plus reasonable Overhead and profit on Work not performed.
Receivables Securitization Facility – We maintain a $650 million, 3-year receivables securitization facility (the Receivables Facility), maturing in July 2019.
Receivables Securitization Facility – We maintained our $800 million, 3-year receivables securitization facility (the Receivables Facility) maturing in July 2022.
More Definitions of Receivables Securitization Facility
Receivables Securitization Facility means the accounts receivable securitization facility provided for by (a) the Receivables Purchase Agreement, (b) the Receivables Securitization Facility Subordinated Note, (c) certain purchase and sale agreements and (d) all documents, agreements, and instruments relating to any of the foregoing, in each case, as amended, restated, amended and restated, modified, supplemented, renewed, replaced or refinanced through the Effective Date and from time to time thereafter to the extent permitted hereunder.
Receivables Securitization Facility has the meaning set forth in the defined term “Permitted Receivables Facility”.
Receivables Securitization Facility means the receivables securitization facility established pursuant to the Amended and Restated Master Trust Agreement, dated as of September [___], 2002, and the documents related thereto, in each case as in effect from time to time, and any replacement, refinancing or extension thereof.
Receivables Securitization Facility means the account receivable securitization pursuant to the se- 92 cond amended and restated receivables purchase agreement dated as of August 26, 2010 (as amended, 93 supplemented or otherwise modified from time to time, other than to increase the amount of borrowing or 94 other extensions of credit permitted thereunder), among Avnet Receivables Corporation, Avnet as ser- 95 vicer, the financial institutions party thereto as purchasers, and JPMorgan Chase Bank, N.A. (successor 96 by merger to Bank One, NA) as agent for the purchasers. 97 It is understood and agreed that the Lead Arranger will manage and control all aspects of 98 the syndication of the Bridge Facilities in consultation with you, including decisions as to when commit- 99 ments will be accepted and the final allocations of the commitments among the Bridge Lenders. Deci- 100 sions by the Lead Arranger as to the selection of prospective Bridge Lenders and any titles offered to pro- 101 posed Bridge Lenders will require your consent (such consent not to be unreasonably withheld, condi- 102 tioned or delayed) (it being understood and agreed that you have provided your consent with respect to 103 the White List Approved Bridge Lenders). It is understood that no Bridge Lender participating in the 104 Bridge Facilities will receive compensation from you in order to obtain its commitment, except on the 105 terms contained herein. It is also understood and agreed that the amount and distribution of the fees 106 among the Bridge Lenders will be at the sole and absolute discretion of the Lead Arranger (such discre- 107 tion to be exercised in consultation with you).
Receivables Securitization Facility means a credit facility which was entered into pursuant to the Receivables Purchase Agreement, dated May 14, 1999, among AmeriSource Receivables Financial Corporation, as seller, the Subsidiary Guarantor, as servicer, the Company, as guarantor, Delaware Funding Corporation, as buyer, and Xxxxxx Guaranty Trust Company of New York, as administrative agent, as such agreement has been or may be amended, supplemented, restated, extended, renewed or otherwise modified from time to time and includes any agreement (and all successor agreements thereto (extending the maturity of, refinancing or otherwise restructuring all or any portion of the indebtedness under such agreement or any successor agreement.
Receivables Securitization Facility means the accounts receivable securitization facility provided for by (a) the Receivables Purchase Agreement, (b) the Receivables Securitization Facility Subordinated Note, (c) certain purchase and sale agreements and (d) all documents, agreements, and instruments relating to any of the foregoing, in each case, as amended, restated, amended and restated, modified, supplemented, renewed, replaced or refinanced through the Second Amendment Effective Date and from time to time thereafter to the extent permitted hereunder.
Receivables Securitization Facility means that certain Credit and Security Agreement dated December 5, 2001 by and among Wachovia Bank, N.A. and Buckeye Receivables Inc, or any refinancing, extension or replacement thereof permitted by Section 6.6.12.