Securitization Issuer definition

Securitization Issuer means an SPE Subsidiary or other special purpose entity that is the issuer of asset-backed securities in a Securitization Transaction.

Securitization Issuer means the issuer of Certificates in a Securitization.

Securitization Issuer means a special purpose entity that issues Securitization Securities, including the entities listed on Section 1.01(e) of the Company Disclosure Letter.

Examples of Securitization Issuer in a sentence

• The Performance Guarantor does not guarantee the collectability of the receivables or any obligations of the Securitization Issuer as borrower under the Securitization Facility.

• The Securitization Issuer is also permitted to voluntarily repay the outstanding principal balance of the Senior Notes in whole or in part on any weekly settlement date without premium or penalty, other than customary "breakage" costs (if any).

• If at any time (a) an asset deficiency exists; (b) the outstanding principal balance of the Senior Notes exceeds the Senior Note Facility Limit; or (c) the outstanding principal balance of the Senior Notes funded in a particular currency exceeds the maximum amount that is permitted to be funded in that currency, the Securitization Issuer will be required to immediately redeem Notes in an aggregate amount equal to such excess.

• Whilst each sale of Securitized Assets is made without recourse to the relevant Seller, each Seller remains liable to the Securitization Issuer for all representations, covenants, deemed collection/repurchase obligations and indemnities made or entered into by it.

• As security for all monies, liabilities, indebtedness and other obligations which are or may from time to time become due, owing or payable by the Securitization Issuer under the Securitization Notes and the related agreements relating to the Securitization Facility, the Securitization Issuer has granted security (including fixed charges, floating charges, and assignments) over substantially all of its assets and property to the security trustee to hold for itself and on trust for the secured parties.

More Definitions of Securitization Issuer

Securitization Issuer means SunStrong 2018-1 Issuer, LLC, a Delaware limited liability company.

Securitization Issuer means the issuer or depositor in any Securitization Transaction, to the extent that such issuer or depositor is Issuer or one of its Subsidiaries or Subsidiaries.

Securitization Issuer shall have the meaning set forth in Section 3.36.

Securitization Issuer has the meaning set forth in SECTION 5.02(i)(m) of the Note Purchase Agreement.

Securitization Issuer means Flexiti Securitization Limited Partnership.

Securitization Issuer means Flexiti Securitization Limited Partnership. “Securitization Trust Indenture” means the master trust indenture dated as of December 9, 2021 (as may be amended, supplemented or otherwise modified from time to time, the “Master Trust Indenture”) between the Securitization Issuer by its general partner, Flexiti Securitization General Partner Inc., as Issuer, Flexiti Securitization General Partner Inc. in its own right, and Computershare Trust Company of Canada as indenture trustee, as supplemented by the Amended and Restated Series 2021-1 Supplemental Indenture, dated June 29, 2022 (as amended by a First Supplemental Indenture, dated as of October 14, 2022 and as may be amended, supplemented or otherwise modified from time to time, the “Series 2021-1 Supplemental Indenture”)) between the Securitization Issuer by its general partner, Flexiti Securitization General Partner Inc., as Issuer, Flexiti Securitization General Partner Inc. in its own right, Computershare Trust Company of Canada, as indenture trustee and the Company, as initial paying agent, and all related documentation required thereunder. “Seller” has the meaning specified above the preamble hereto. “Seller Disclosure Letter” means the disclosure letter dated the date of this Agreement and delivered by the Seller to the Purchaser. “Seller Indemnified Persons” has the meaning specified in Section 10.3. “SIR” means a supplementary information request issued by the Commissioner of Competition pursuant to subsection 114(2) of the Competition Act. “Software” means computer software and programs (both source code and object code form), all proprietary rights in such computer software and programs and all documentation and other materials related to such computer software and programs, other than (i) off-the-shelf software and (ii) third party Open Source Code.

Securitization Issuer means a trust or other Person formed for the limited purpose of acquiring Commercial Mortgage Loans from REIT or a QRS with the proceeds of a CMBS issuance.