Special Purpose Vehicle definition

Special Purpose Vehicle means a trust, partnership or other special purpose Person established by the Company and/or any of its Restricted Subsidiaries to implement a Qualified Receivables Transaction.
Special Purpose Vehicle means any special purpose funding vehicle identified as such in writing by any Lender to the Administrative Agent.
Special Purpose Vehicle means a legal entity owning, operating and maintaining a generating station and with no other business or activity to be engaged in by the legal entity.”

Examples of Special Purpose Vehicle in a sentence

  • Where the Bidder is a single entity or a Consortium, it shall be required to form an appropriate Special Purpose Vehicle, incorporated under the Indian Companies Act 1956 (the “ SPV”), to execute the Agreement and implement the Project.

  • In the GSI sukuk transaction, GSCL, a Special Purpose Vehicle (SPV) issued sukuk certificates to investors to purchase Shari’ah-compliant metals and then12 Islamic Fiqh Academy Resolution 179 (19/5) available in original Arabic and English translation from the International Shari’ah Research Academy for Islamic Finance (ISRA): http://bit.ly/1bI8hM8 13 Mohammed Khnifer.

  • In case of our selection as the Successful bidder under the scheme and the project being executed by a Special Purpose Vehicle (SPV) incorporated by us which shall be our 100% subsidiary, we shall infuse necessary equity to the requirements of RfS.

  • As a Special Purpose Vehicle (SPV) the governance structure of the Company is such that the key policies have been predetermined at the time of issuance.

  • The bidder being a Joint Venture/ Special Purpose Vehicle/ Consortium should have minimum net worth of INR 4,00,00,000/-(Rupees Four Crores only) in the latest Financial Year at group level.


More Definitions of Special Purpose Vehicle

Special Purpose Vehicle or “SPV”) in accordance with the terms of RFP and has requested the Authority to accept the SPV as the Developer/ the entity which shall undertake and perform the obligations and exercise the rights of the Successful Bidder under the LOA, including the obligation to enter into this Agreement pursuant to the LOA for implementing the Project.
Special Purpose Vehicle means a company whose only business is to acquire the originator’s immovable properties in Singapore, lease them back to the originator and transfer such properties to the originator upon the maturity of the Islamic debt securities.
Special Purpose Vehicle means an ES Special Purpose Vehicle or an RS Special Purpose Vehicle.
Special Purpose Vehicle means any undertaking, whether incor­ porated or not, other than an existing insurance or reinsurance undertaking, which assumes risks from insurance or reinsurance undertakings and which fully funds its exposure to such risks through the proceeds of a debt issuance or any other financing mechanism where the repayment rights of the providers of such debt or financing mechanism are subordinated to the reinsurance obligations of such an undertaking;
Special Purpose Vehicle means and refer to any body corporate incorporated or registered as per applicable provisions of laws, named by the Successful Bidder for the purpose of acquisition of the Corporate Debtor, where the Successful Bidder has the control over the affairs of the Special Purpose Vehicle through ownership by way of majority of the voting rights and management (including but not limited to the composition of the board of directors/ partners as the case may be)
Special Purpose Vehicle. (SPV) means a securitisation special purpose entity as defined in point 66 of Article 4(1) of Regulation (EU) No 575/2013;
Special Purpose Vehicle means a bankruptcy-remote entity or trust or other special purpose entity that is formed by the Company, any Subsidiary of the Company or any other Person for the purpose of, and engages in no material business other than in connection with a Qualified Securitization Transaction or other similar transactions of Receivables or other similar or related assets.