Securitization SPV definition

Securitization SPV means any trust, partnership or other Person established by any Borrower or a Subsidiary of such Borrower to implement a Permitted Securitization.

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Securitization SPV means Medco Health Receivables, LLC, a bankruptcy-remote Subsidiary of the Borrower established pursuant to the Securitization or any other Subsidiary designated as the Securitization SPV for the purposes of the Securitization Documents.

Securitization SPV means each Person that is a special purpose vehicle (whether a limited liability company, corporation, trust or other entity) that is utilized in Securitization Transactions involving assets of any of the Company or its Subsidiaries.

Examples of Securitization SPV in a sentence

• Accordingly, the RFA Administrative Agent, the Receivables Facility SPV and the Servicer each acknowledge that, notwithstanding anything in the Receivables Documents to the contrary, none of such parties has any interest in any Joined Party Transaction Collateral, and each Joined Party and Securitization SPV acknowledges that, notwithstanding anything in the Joined Party Transaction Documents to the contrary, none of such parties has any interest in the Receivables or any Proceeds thereof.

• Each of the Administrative Agents has entered into this Agreement and its agreements with the Company and the Receivables Facility SPV or its Securitization SPV, as applicable, based upon its own independent investigations.

• The Company and each Securitization SPV further agrees that it will not include any Receivables in calculating the amount of the Joined Party Transaction Collateral sold or to be sold under the related Joined Party Transaction Documents.

• The Company agrees to render statements to each Administrative Agent and each Securitization SPV upon the reasonable request of such Person, which statements shall identify in reasonable detail the application of all Items Collateral and amounts from time to time deposited in the Collection Accounts (including, without limitation, Collections and Proceeds) as provided in this Agreement.

• Each Joinder Agreement shall be executed by the Collection Account Agent, the Company, the related Joined Party and the related Securitization SPV, if any, and the Company shall cause a copy of each Joinder Agreement to be delivered to each other party hereto.

More Definitions of Securitization SPV

Securitization SPV means, with respect to any Person, a trust, bankruptcy remote entity or other special purpose entity which is a Subsidiary of such Person (or, if not a Subsidiary, the common equity of which is wholly owned, directly or indirectly, by such Person) and which is formed for the purpose of, and engages in no material business other than, acting as an issuer or a depositor under a Securitization Facility or as an intermediate transferee and transferor under a Securitization Facility (and, in connection therewith, in either case, owning property or assets and pledging or transferring any interests therein).

Securitization SPV means a trust, bankruptcy remote entity or other special purpose entity which is a Subsidiary (or, if not a Subsidiary, the common equity of which is wholly owned, directly or indirectly, by the Borrower) and which is formed for the purpose of, and engages in no material business other than, acting as an issuer or a depositor under a Securitization Program or as an intermediate transferee and transferor under a Securitization Program (and, in connection therewith, in either case, owning Receivables Assets and pledging or transferring any interests therein).

Securitization SPV means the issuer or borrower of indebtedness secured by Customer Charges identified as Joined Party Transaction Collateral.

Securitization SPV means a Subsidiary of the Borrower which is ------------------ a bankruptcy remote special purpose entity formed for the sole purpose of securitizing, or facilitating the securitizing of, consumer loans and other receivables of the Borrower and its other Subsidiaries, so long as (i) such entity does not itself originate consumer loans, receivables or other financial assets, and, if it acquires such assets, it acquires such 125 assets from the Borrower and its other Subsidiaries and (ii) such entity does not make or suffer to exist any Contingent Obligation."

Securitization SPV means any wholly-owned Subsidiary of ACI created for the sole purpose of and the business of which is confined to purchasing and selling or otherwise disposing of accounts receivable pursuant to a Securitization Program;

Securitization SPV means any entity established by the Government of Puerto Rico to issue secured debt in connection with Owner’s Title III Plan and its successors and assigns, as applicable.

Securitization SPV means a Subsidiary (which, for the purposes of this definition only, shall include any corporation, partnership or other entity which issues Asset-Backed Securities of which more than fifty percent (50%) of the outstanding capital stock or other ownership interest of such corporation, partnership or other entity is owned or controlled by the Borrower or any of its Subsidiaries) of the Borrower which is a bankruptcy-remote special purpose entity formed for the sole purpose of securitizing Receivables and other financial assets of the Borrower and its other Subsidiaries and matters incidental thereto (including