Spanish Originator definition

Spanish Originator means any of (i) Tioxide Europe S.L., (ii) Huntsman Performance Products Spain S.L. (f/k/a Huntsman Surface Sciences Iberica S.L.) and (iii) after the Initial Issuance Date, any Approved Originator incorporated in Spain.

Spanish Originator has the meaning assigned to the term “Seller” in the Spanish RPA.

Examples of Spanish Originator in a sentence

• Any costs and expenses derived from such translation will be fully paid by the Spanish Originator.

• The Spanish Servicer and the Purchaser undertake to grant the Spanish Originator Portfolio Deposit corresponding to the Initial Spanish Originator Portfolio on the date hereof.

• The Purchase Price for consideration of acquiring the Receivables has been calculated in accordance with the rules provided by the RPSA and amounts to [ ] Euros (€[ ]), which the Spanish Originator declares to have received from the Purchaser on the relevant Settlement Date.

• The rights and remedies with respect to any breach of any representation and warranty made by the Spanish Originator pursuant to Clause 4, the indemnification and payment provisions of Clause 7 and the terms of Clauses 13 and 14, shall be continuing and shall survive any termination of this Agreement.

• Assess the capacity of the transport sector (including both government agencies and private entities) in terms of institutional, technical, human, and financial strengths; and identify areas that need strengthening.

• Following the occurrence of the Facility Termination Date (as defined in the Receivable Purchase Agreement), the Spanish Originator shall not sell, and JDER Limited shall not purchase, any Purchased Receivables.

• The Spanish Originator, shall, at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the contracts related to the Pool Receivables and under the Transaction Documents, and timely and fully comply in all material respects with the Credit and Collection Policy with regard to each Pool Receivable and its related Contract.

• If such Eligible Receivable could have been issued for a lesser amount than the full nominal amount thereof, the Spanish Originator shall be deemed to have received a Collection of the relevant Eligible Receivable for its full nominal amount.

• The Spanish Originator shall grant pledges in favor of JDER Limited over the balance of each Spanish Collection Account.

• The Parties undertake to execute on the date hereof before the attesting Notary Public the relevant Spanish Originator Portfolio Deposit as required pursuant to the RPSA.