Standard Undertakings definition

Standard Undertakings means representations, warranties, covenants, indemnities and similar obligations, including servicing obligations, entered into by the Issuer or any Subsidiary of the Issuer in connection with a Qualified Receivables Transaction, which are customary in similar non-recourse receivables securitization, purchase or financing transactions.
Standard Undertakings means representations, warranties, covenants, indemnities and similar obligations, including servicing obligations, entered into by the Company or any Subsidiary of the Company in connection with a Qualified Receivables Transaction, which are customary in similar non-recourse receivables securitization, purchase or financing transactions.
Standard Undertakings means representations, warranties, covenants, indemnities and guarantees of performance entered into by the Issuer or any Subsidiary of the Issuer that are determined by the Issuer in good faith to be customary in a Receivables Financing, including, without limitation, those relating to the servicing of assets of a Subsidiary, it being understood that any Receivables Repurchase Obligation shall be deemed to be a Standard Undertaking.

Examples of Standard Undertakings in a sentence

  • Contract of Purchase and Sale, which requires that the parties close pursuant to the CBA Standard Undertakings.

  • In the alternative, you can wait to pay out and discharge the existing financial charges immediately after receipt of the Purchase Price on the CBA Standard Undertakings made by your lawyer or notary, in accordance with the Contract of Purchase and Sale.

  • Continued from previous page (6) The Seller and the Buyer acknowledge and agree that this Contract DOES NOT adopt CBA Standard Undertakings.

  • Continued from previous page (6) The Seller and the Buyer acknowledge and agree that this Contract DOES NOT adopt CBA (Canadian Bar Association) Standard Undertakings; however, if the Buyer requires such the Seller agrees to use CBA Standard Undertakings at the Buyer's expense.

  • HMGP Standard Undertakings apply to all remaining projects in these Disasters for which the Grantee has documented Sub-Grantee participation and verified HMGP eligible activities and actions that will be initiated in all parishes of Louisiana following completion of FEMA’s Section 106 review.


More Definitions of Standard Undertakings

Standard Undertakings means representations, warranties, covenants, indemnities and similar obligations entered into by the Company or any Subsidiary of the Company in connection with a Qualified Receivables Transaction, which are customary in similar non-recourse receivables securitization transactions and which do not cause any Indebtedness Incurred in connection therewith to constitute Indebtedness of the Company or any Restricted Subsidiary or a liability on the balance sheet of the Company or its Restricted Subsidiaries prepared in accordance with GAAP, including following a default thereunder.
Standard Undertakings means representations, warranties, covenants, indemnities and similar obligations entered into by the Company or any Subsidiary of the Company in connection with a Qualified Securitization Transaction, which are customary in similar non-recourse receivables securitization transactions and which do not cause any Indebtedness Incurred in connection therewith to constitute Indebtedness of the Company or any Restricted Subsidiary or a liability on the balance sheet of the Company or its Restricted Subsidiaries prepared in accordance with Mexican GAAP, including following a default thereunder.
Standard Undertakings means representations, warranties, covenants, indemnities, reimbursement obligations, performance undertakings, guarantees of performance, and similar customary payment obligations entered into by LGEC or any of its Subsidiaries, whether joint and several or otherwise, which LGEC has determined in good faith to be customary in a Receivables Financing including, without limitation, those relating to the servicing of the assets of a Receivables Subsidiary, it being understood that any Receivables Financing Repurchase Obligation shall be deemed to be a Standard Undertaking.
Standard Undertakings means representations, warranties, covenants, indemnities, reimbursement obligations, performance undertakings, guarantees of performance, and similar customary payment obligations entered into by the Borrower or any of its Subsidiaries, whether joint and several or otherwise, which the Borrower has determined in good faith to be customary in a Receivables Financing including, without limitation, those relating to the servicing of the assets of a Receivables Subsidiary, it being understood that any Receivables Financing Repurchase Obligation shall be deemed to be a Standard Undertaking.
Standard Undertakings means representations, warranties, covenants, indemnities and guarantees of performance entered into by the Dutch Borrower or any Subsidiary of the Dutch Borrower that are determined by the Dutch Borrower in good faith to be customary in a Receivables Financing, including, without limitation, those relating to the servicing of assets of a Subsidiary, it being understood that any Receivables Repurchase Obligation shall be deemed to be a Standard Undertaking.
Standard Undertakings means representations, warranties, covenants, indemnities, reimbursement obligations, performance undertakings, guarantees of performance, and similar customary payment obligations entered into by the Company or any of its Subsidiaries, whether joint and several or otherwise, which the Company has determined in good faith to be customary in a Receivables Financing including, without limitation, those relating to the servicing of the assets of a Receivables Subsidiary, it being understood that any Receivables Financing Repurchase Obligation shall be deemed to be a Standard Undertaking.
Standard Undertakings means representations, warranties, covenants, indemnities and similar obligations entered into by the Borrower or any Subsidiary of the Borrower in connection with a Qualified Securitization Transaction, which are customary in similar non-recourse receivables securitization transactions. "Stated Interest Rate" means 11.0% per annum; provided that for any interest period in which the outstanding average daily balance of Indebtedness under Section 5.8(b)(i) and 5.8(b)(v)(B) exceeds One Hundred and Twenty Million Dollars ($120,000,000), the Stated Interest Rate shall be 11.5%.