Securitization Notes Receivable definition
Examples of Securitization Notes Receivable in a sentence
Borrower now intends and at all times will intend that its transfers of Sold Notes Receivable, Securitization Notes Receivable, and Participated Notes Receivable to the purchasers thereof constitute true sales and not financing devices, except as otherwise disclosed to and consented to by Lender and SBA.
Borrower shall, or shall cause Servicer to, maintain a depository account, at ▇▇▇▇▇ Fargo or another depository reasonably acceptable to Lender, in Borrower’s capacity as servicer for the purchasers or beneficiaries of the Sold Notes Receivable, the Securitization Notes Receivable, the Participated Notes Receivable, and the SBA Owned Notes Receivables, and, to the extent of Borrower’s retained interest in any such Notes Receivable, Lender (the “Servicer Account”).