Examples of Specified Agreements in a sentence
A “Specified Person” means (i) a company which directly or indirectly controls the Issuer or(ii) a person or connected persons from whom assets were acquired or to whom the Issuer has made loans or advances or with whom the Issuer has entered into Specified Agreements, where the aggregate value of such assets, loans, advances or agreements represents not less than 75% of the aggregate value of the qualifying assets of the Issuer.
The Depositor shall prepare for execution by the Owner Trustee or shall cause the preparation by other appropriate Persons of all such documents, reports, filings, instruments, certificates and opinions as it shall be the duty of the Trust to prepare, file or deliver pursuant to the Specified Agreements.
In addition, the Depositor shall consult with the Owner Trustee as the Depositor deems appropriate regarding the duties of the Trust under the Specified Agreements.
Each of the representations and warranties of the Originators, the Servicer, the Back-up Servicer, the Seller and the Transferor contained in the Specified Agreements are true and correct as of the Closing Date.
The Depositor shall monitor the performance of the Trust's duties and shall advise the Owner Trustee when action is necessary to comply with the Trust's duties under the Specified Agreements.