Subsequent Transfer definition

Subsequent Transfer. Instrument: Each Subsequent Transfer Instrument, dated as of a Subsequent Transfer Date, executed by the Trustee and the Depositor substantially in the form attached hereto as Exhibit I, by which Subsequent Loans are transferred to the Trust Fund.
Subsequent Transfer. The transfer and assignment by the Depositor to the Trust of the Subsequent Mortgage Loans pursuant to the terms hereof.
Subsequent Transfer. The purchase by the Trust and pledge to the Indenture Trustee of the Subsequent Mortgage Loans.

Examples of Subsequent Transfer in a sentence

  • As of the Closing Date (or the applicable Subsequent Transfer Date in the case of Subsequent Contracts), no Contract has been satisfied or subordinated in whole or in part or rescinded, and the related Motorcycle securing any Contract has not been released from the lien of the Contract in whole or in part.

  • As of the Closing Date (or the applicable Subsequent Transfer Date, in the case of Subsequent Contracts), the terms of the Contracts have not been waived, altered or modified in any respect, except by instruments or documents included in the related Contract File.

  • The related Mortgage File for each Subsequent Mortgage Loan shall be delivered to the Trustee at least three Business Days prior to the related Subsequent Transfer Date.

  • Principal Balance of Subsequent Receivables Sold This Period As of Subsequent Transfer Date 1.

  • Such representations speak as of the execution and delivery of this Agreement and as of the Closing Date in the case of the Initial Contracts, and as of the applicable Subsequent Transfer Date in the case of the Subsequent Contracts, but shall survive the transfer and assignment of the Contracts to the Trust.


More Definitions of Subsequent Transfer

Subsequent Transfer. The transfer and assignment by the Seller to the Trust of the Subsequent Mortgage Loans pursuant to the terms hereof.
Subsequent Transfer has the meaning set forth in Section 3.2(f)(ii).
Subsequent Transfer means the transfer of Subsequent Receivables from the Contributor to the Depositor and the simultaneous assignment by the Depositor to the Issuer on a Funding Date.
Subsequent Transfer means any of the following, whether in one transaction or in a series of transactions, any member of the Atlas Group sells, transfers or disposes of all or any portion of the Acquired LMM Interest.
Subsequent Transfer. With respect to a Senior Note or Privately Offered Note, the transfer of a Senior Note or Privately Offered Note with respect to which a Tax Transfer Certificate or “will be debt” opinion has been furnished to the Securities Administrator; provided, that, if a REIT which is the owner, directly or through one or more QRSs or entities disregarded as entities separate from such REIT or QRSs, of 100% of all Certificates and all Senior Notes and Privately Offered Notes other than those with respect to which a Tax Transfer Certificate or “will be debt” opinion previously was furnished to the Securities Administrator and the Securities Administrator reacquires any such Senior Note or Privately Offered Note, then the initial transfer of such Senior Note or Privately Offered Note by such REIT after such reacquisition shall be treated as an Initial Transfer requiring a new Tax Transfer Certificate or “will be debt” opinion and not as a Subsequent Transfer; provided, further, for the avoidance of doubt, that if Notes are transferred to any Person in a transfer with respect to which a certificate substantially in the form of Exhibit F hereto is required to be delivered to the Securities Administrator and certain other parties, then (1) such transfer of such Notes to such Person shall not be treated as an Initial Transfer or a Subsequent Transfer and (2) the initial transfer of any Senior Note or Privately Offered Note (other than a pledge of such Senior Note or Privately Offered Note to secure indebtedness or the transfer of such Senior Note or Privately Offered Note pursuant to a repurchase agreement treated as secured indebtedness for federal income tax purposes) by such Person shall be treated as an Initial Transfer requiring a new Tax Transfer Certificate or “will be debt” opinion and not as a Subsequent Transfer; provided, further, that if any Senior Note or Privately Offered Note has been transferred to a lender upon a default under any secured indebtedness or has been transferred to a counterparty to a repurchase agreement and a default subsequently occurs with respect to such repurchase agreement, and such lender or repurchase agreement counterparty furnishes, or causes to be furnished, to the Securities Administrator (x) in the case of a Senior Note, a Tax Transfer Certificate or a “will be debt” opinion rendered by nationally recognized tax counsel or (y) in the case of a Privately Offered Note, a “will be debt” opinion rendered by nationally recognized tax ...
Subsequent Transfer has the meaning set forth in Section 8.1.
Subsequent Transfer has the meaning set forth in Section 9.07(d).