Term Purchase Agreement definition

Term Purchase Agreement means a purchase agreement between the Purchaser and an Additional Issuer pursuant to which the Purchaser sells Loans to the Additional Issuer and the Additional Issuer purchases such Loans for the purpose of pledging the Loans to secure a Series of Notes.
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Term Purchase Agreement means the Series 2005-1 Term Purchase Agreement dated as of August 11, 2005 between the Depositor as seller of the Pledged Loans and the Issuer.
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Term Purchase Agreement has the meaning set forth in the Services Agreement.
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Examples of Term Purchase Agreement in a sentence

  • All proceeds of the issuance of the Notes shall be used by the Issuer to acquire Loans from the Depositor under the Term Purchase Agreement, to pay costs related to the issuance of the Notes, to pay principal and/or interest on any Notes or to otherwise fund costs and expenses permitted to be paid under the terms of the Transaction Documents.

  • The arrangement established by this Indenture, the Term Purchase Agreement, the Sale and Assignment Agreement, the Purchase Agreements, the Custodial Agreements, the Collateral Agency Agreement and the other Transaction Documents is intended not to be a taxable mortgage pool for federal income tax purposes, and is intended to constitute a sale of the Loans by the applicable Seller to the Depositor for commercial law purposes.

  • The purchase by the Issuer under the Term Purchase Agreement constitutes either a sale or a first-priority perfected security interest, enforceable against creditors of the Depositor.

  • Make or suffer to exist any loans or advances to, or extend any credit to, or make any investments (by way of transfer of property, contributions to capital, purchase of stock or securities or evidences of indebtedness, acquisition of the business or assets or otherwise) in, any Affiliate or any other Person except for (i) Permitted Investments and (ii) the purchase of Loans pursuant to the terms of the Term Purchase Agreement.

  • The Term Purchase Agreement is the only agreement pursuant to which the Issuer purchases the Pledged Loans and the related Pledged Assets.

  • The Issuer hereby assigns to the Trustee and the Collateral Agent all of its rights relating to the Pledged Loans and related Pledged Assets under the Term Purchase Agreement including the rights assigned to the Issuer by the Depositor of the Depositor’s rights to payment due from the related Seller for repurchases of Defective Loans (as such term is defined in the respective Purchase Agreements) resulting from the breach of representations and warranties under the respective Purchase Agreements.

  • All such Pledged Loans and other related Pledged Assets are purchased without recourse to the Depositor except as described in the Term Purchase Agreement.

  • Terms used in this Indenture and not otherwise defined herein shall have the meanings ascribed to them in the Term Purchase Agreement.

  • Comply in all material respects with the terms of, employ the procedures outlined in and enforce the obligations of the Depositor under the Term Purchase Agreement and of the parties to each of the other Transaction Documents to which the Issuer is a party, and take all such action as may reasonably be required to maintain all such Transaction Documents to which the Issuer is a party in full force and effect.


More Definitions of Term Purchase Agreement

Term Purchase Agreement means the Series 2009-3 Term Purchase Agreement dated as of September 24, 2009 between the Depositor as seller of the Pledged Loans and the Issuer.
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Term Purchase Agreement means the Series 2008-2 Term Purchase Agreement dated as of June 26, 2008 between the Depositor as seller of the Pledged Loans and the Issuer.
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Term Purchase Agreement means the Series 2009-1 Term Purchase Agreement dated as of May 28, 2009 between the Depositor as seller of the Pledged Loans and the Issuer.
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Term Purchase Agreement means the Series 2007-2 Term Purchase Agreement dated as of November 1, 2007 between the Depositor as seller of the Pledged Loans and the Issuer.
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Term Purchase Agreement means a purchase agreement between the Purchaser and an Additional Issuer pursuant to which the Purchaser sells Loans to the Additional Issuer and the
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Related to Term Purchase Agreement

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Lease-purchase agreement means an agreement for the use of personal property by an individual for personal, family or household purposes, for an initial period of four months or less, that is automatically renewable with each payment after the ini- tial period, but does not obligate or require the consumer to continue leasing or using the property beyond the initial period, and that permits the consumer to become the owner of the property.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Purchase Agreement shall have the meaning set forth in the preamble.

  • Asset Purchase Agreement has the meaning set forth in the Recitals.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • Securities Purchase Agreement shall have the meaning set forth in the recitals hereto.

  • Purchase Agreements has the meaning set forth in the Recitals.

  • Bond Purchase Agreement means a Bond Purchase Agreement, dated as of the sale of the Series II-2019 Bonds, entered into by and between KUB and the Underwriter, in substantially the form of the document attached hereto as Exhibit A, subject to such changes as permitted by Section 9 hereof, as approved by the President and Chief Executive Officer of KUB, consistent with the terms of this resolution;

  • Advance Purchase Agreements means (a) an advance or deferred purchase agreement if the agreement is in respect of the supply of assets or services and payment in the normal course of business with credit periods which are normal for the relevant type of project contracts, or (b) any other trade credit incurred in the ordinary course of business.