Series SPV definition

Series SPV means a special purpose limited liability company wholly-owned by the Company and formed with respect to each issuance of a series of Securities.
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Examples of Series SPV in a sentence

  • Notwithstanding anything to the contrary in this Section 6.9, to the extent funds have been advanced directly or indirectly by the Series SPV Lender to a Series SPV, the Company shall not pledge, assign or grant such security interest to the Trustee in the Collateral until the occurrence of the Final Repayment Date with respect to such Series SPV.

  • If an Event of Default described in Section 5.1(c) or (d) of the Indenture occurs and is continuing, the unpaid stated principal amount hereof will become and be immediately due and payable in the manner, with the effect and subject to the conditions provided in the Indenture; provided that neither the Trustee nor any Holder shall exercise any rights or remedies under the Indenture until the occurrence of each and any Final Repayment Date with respect to the Series SPV related to such Notes.

Related to Series SPV

  • Series Supplement The agreement into which this Standard Terms is incorporated and pursuant to which, together with this Standard Terms, a Series of Certificates is issued.

  • Non-Lead Securitization Date means the closing date of any Non-Lead Securitization.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • MBNAseries Servicer Interchange means, with respect to any Monthly Period, an amount equal to the product of (a) the Servicer Interchange (as such term is defined in the Series 2001-D Supplement) with respect to such Monthly Period and (b) a fraction the numerator of which is the Weighted Average Available Funds Allocation Amount for the MBNAseries for such Monthly Period and the denominator of which is the Weighted Average Available Funds Allocation Amount for all series of Notes for such Monthly Period.

  • Other Securitization Trust Any “issuing entity” (within the meaning of Item 1101(f) of Regulation AB) that holds a Serviced Companion Loan or successor REO Companion Loan (or any portion thereof or interest therein), as identified in writing to the parties to this Agreement.