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.

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 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.

Examples of Securitization SPV in a sentence

• A further variant of this structure is used in credit card securitizations, where the receivables from credit card use are continually transferred to a master trust, and are purchased from there by securitization SPVs. As the relevant receivables repay, the Securitization SPV will then purchase new receivables from the Master Trust and the Master Trust will have funds available to purchase newly created receivables.

• Thereafter, on January 27, 2016, the parties to the December RSA as well as additional parties entered into the Restructuring Support Agreement, which provided for the same debt-adjustment framework, including an exchange of the Bonds for new securities issued by the Puerto Rico Electric Power Authority Revitalization Corporation (the “ SecuritizationSPV”, and the new securities to be issued by Securitization SPV, the “Restructuring Bonds”).

• Represents additional amounts that we may draw, pursuant to the terms of the Conduit Securitizations, by selling eligible loan assets to the relevant Conduit Securitization SPV at the advance rate applicable under each Conduit Securitization.

• KEY WORDS: Islamic Economics, Sukukization, Macroeconomics, Shari‘ah Standards, AAOIFI, Islamic Economics, Securitization, SPV ISLAMIC SECURITIZATION NEEDS MORE THOUGHT Securitization is a process that has been heavily used by institutions offering Islamic financial services (IIFSs) in substantial volumes for many years, largely for the purposes of cash equivalence and tradability.

• Im pacts on Securitization SPV s Investors o f U .S.-issued A BS have been negatively affected b y the Swap M argin Rule.

More Definitions of Securitization SPV

Securitization SPV means Medco Health Receivables, LLC, a bankruptcy-remote Subsidiary of the Borrower established pursuant to the Securitization.

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 each Person that is a special purpose vehicle that is both (a) owned by the Company or any of the Company Subsidiaries and (b) utilized in Securitization Transactions involving assets of the Company or any of the Company Subsidiaries.

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 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

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;