RFC III definition

RFC III shall have the meaning specified in the initial paragraph of this Agreement.
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RFC III means American Express Receivables Financing Corporation III LLC, a Delaware limited liability company, and its successors and permitted assigns.
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RFC III has the meaning stated in recitals hereof.
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Examples of RFC III in a sentence

  • Such reassigned Receivables shall be treated by RFC III as collected in full as of the date on which they were reassigned.

  • RFC II, RFC III, RFC IV, the Servicer and the Trustee have caused this Amendment to be duly executed and delivered by their respective duly authorized officers as of the day and year first written above.

  • Upon discovery by Centurion or RFC III of a breach of any of the foregoing representations and warranties, the party discovering such breach shall give written notice to the other party and the Trustee within three (3) Business Days following such discovery.

  • The recitals and statements herein are deemed to be those of RFC II, RFC III, RFC IV and the Servicer, and not of the Trustee.

  • Pursuant to Section 13.01(a) of the Pooling and Servicing Agreement, each of RFC II, RFC III and RFC IV has delivered to the Trustee an Officer’s Certificate, dated the date of this Amendment, stating that RFC II, RFC III and RFC IV, respectively, reasonably believes that this Amendment will not have an Adverse Effect.

  • Pursuant to Section 9.01 of the Receivables Purchase Agreement, Centurion and RFC III have given prior notice of this Amendment to the Trustee and each Rating Agency, and Centurion has delivered to RFC III an Officer’s Certificate of Centurion, dated the date of this Amendment, stating that Centurion reasonably believes that this Amendment will not cause a Pay-Out Event or a Reinvestment Event.

  • RFC III and Centurion have caused this Amendment to be duly executed and delivered by their respective duly authorized officers as of the day and year first written above.

  • On each Distribution Date, Centurion shall pay to RFC III, in immediately available funds, the amount of Issuer Rate Fees allocable to the Receivables.

  • All authorizations, consents, orders or approvals of or registrations or declarations with any Governmental Authority required to be obtained, effected or given by RFC III in connection with the execution and delivery by RFC III of this Agreement and the performance by RFC III of the transactions contemplated by this Agreement have been duly obtained, effected or given and are in full force and effect.

  • The representations and warranties set forth in this Section 4.01 shall survive the sale of the Purchased Assets to RFC III.


More Definitions of RFC III

RFC III has the meaning set forth in the recitals to this Agreement.
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Related to RFC III

  • (c) (iii) Quarter’ means a three-month period commencing on January 1, April 1, July 1 or October 1 in a calendar year."

  • CTS Enabled Interface means an interface between the PJM Control Area and an adjacent Control Area at which the Office of the Interconnection has authorized the use of Coordinated Transaction Scheduling (“CTS”). The CTS Enabled Interfaces between the PJM Control Area and the New York Independent System Operator, Inc. Control Area shall be designated in Schedule A to the Joint Operating Agreement Among and Between New York Independent System Operator Inc. and PJM Interconnection, L.L.C. (PJM Rate Schedule FERC No. 45). The CTS Enabled Interfaces between the PJM Control Area and the Midcontinent Independent System Operator, Inc. shall be designated consistent with Attachment 3, section 2 of the Joint Operating Agreement between Midcontinent Independent System Operator, Inc. and PJM Interconnection, L.L.C. “CTS Interface Bid” shall mean a unified real-time bid to simultaneously purchase and sell energy on either side of a CTS Enabled Interface in accordance with the procedures of Operating Agreement, Schedule 1, section 1.13, and the parallel provisions of Tariff, Attachment K- Appendix.

  • Non-Monitoring RTO means the Party that does not have operational control of a M2M Flowgate.

  • R E C I T A L S The parties desire to enter into this Agreement setting forth the terms and conditions of the employment relationship between the Corporation and the Executive.

  • Plug-in hybrid electric motor vehicle means a hybrid electric motor vehicle that