Securitization Obligations definition

Securitization Obligations means, with respect to any Securitization Transaction, the aggregate investment or claim held at any time by all purchasers, assignees or transferees of (or of interests in) or holders of obligations that are supported or secured by accounts receivable, lease receivables and other rights to payment in connection with such Securitization Transaction.

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Securitization Obligations means the aggregate investment or claim (as opposed to the value of the underlying assets subject to the applicable Permitted Securitization) held at any time by all purchasers, assignees or transferees of (or of interests in), or holders of obligations that are supported or secured by, accounts receivable, general intangibles, chattel paper or other financial assets (including rights in respect of capitalized leases) and related rights of the Company or any Subsidiary in connection with Permitted Securitizations.

Securitization Obligations has the meaning given such term in the definition of Securitization Transaction.

Examples of Securitization Obligations in a sentence

This Agreement shall terminate upon the indefeasible payment in full in cash of all Securitization Obligations and the satisfaction and discharge of the Securitization Indenture.
Not permit the ratio of (i) Senior ------------------------------ Debt minus all Securitization Obligations to (ii) Tangible Assets minus, to the extent included in Tangible Assets, all assets which are owned by or subject to a Lien in favor of a Special Purpose Vehicle to exceed 1.0 to 1.0 at any time.
The Lien priorities provided in this Section 4(b) shall not be altered or otherwise affected by any amendment, modification, supplement, extension, renewal, restatement or refinancing of either the Exterran Obligations or the Exterran Lender Documents, on the one hand, or the Securitization Obligations or the Securitization Documents, on the other hand, nor by any action or inaction which the Exterran Lenders may take or fail to take in respect of the Non-Securitization Collateral.
The Company shall not at any time permit the sum of the (a) all Securitization Obligations of the Company and its Specified Subsidiaries, (b) all Synthetic Lease Obligations of the Company and its Specified Subsidiaries and (c) the principal amount of all other obligations in respect of “off-balance sheet” transactions to exceed 15% of Consolidated Total Assets at such time.
Maximum permitted secured Securitization Obligations under Item I.A $75,000,000 C.

More Definitions of Securitization Obligations

Securitization Obligations means, as of any date of determination, all obligations established by or related to the Performance Guarantor or any of its Subsidiaries in connection with any account receivables sale or securitization transaction entered into by the Performance Guarantor or any of its Subsidiaries (including, without limitation, the transactions contemplated by the Receivables Purchase Agreement).

Securitization Obligations of a Person means the outstanding purchaser's investment or outstanding capital or other principal equivalent that purchasers or other investors are entitled to receive in respect of any securitization or other sale or asset-backed financing of Receivables of such Person or its Affiliates effected by such Person.

Securitization Obligations means the notes issued by Issuer pursuant to the Indenture, and (v) “financial assets” and “securitized financial assets” shall mean the Transferred Assets.

Securitization Obligations means, with respect to any Securitization -------------------------- Transaction, the aggregate investment or claim held at any time by all purchasers, assignees or transferees of (or of interests in) or holders of obligations that are supported or secured by (i) in the case of an Equipment Securitization Transaction, equipment or related assets (and leases, rental agreements, lease receivables, rights to payment and other interests, rights and assets described in the definition of Equipment Securitization Transaction) in connection with such Equipment Securitization Transaction, and (ii) in the case of a Receivables Securitization Transaction, accounts receivable, lease receivables and other rights to payment in connection with such Receivables Securitization Transaction."

Securitization Obligations means, collectively, (a) any and all sums owing (i) to the Noteholders under the Securitization Indenture, (ii) to any Series Enhancer, including under any Enhancement Agreement, (iii) to the Indenture Trustee under the Securitization Indenture or any other Securitization Document and (iv) to the Interest Rate Hedge Providers and (b) without duplication of amounts described in clause (a), all other obligations, direct or contingent, joint, several or independent of ABS 2007, or any other obligor under the Securitization Documents now or hereafter existing, due or to become due, including any interest accruing subsequent to the filing of a petition in bankruptcy, whether or not such interest is an allowed claim under applicable law.

Securitization Obligations means, as of any date of determination, all obligations established by or related to the Company or any of its Subsidiaries in connection with any account receivables sale or securitization transaction entered into by the Company or any of its Subsidiaries (including, without limitation, the receivables securitization program through that certain Fourth Amended and Restated Receivables Purchase Agreement, dated as of November 1, 2013, as amended from time to time, among Cardinal Health Funding, LLC, ▇▇▇▇▇▇▇ Capital, LLC, each entity signatory thereto as a conduit, each entity signatory thereto as a financial institution, each entity signatory thereto as a managing agent and The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch, as the Agent).