Transferor definition

Transferor. Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

Transferor means [full name] of [lending office]; and

Transferor means the Person making a Transfer.

Examples of Transferor in a sentence

• Subject to the terms and conditions of the Agreement, the Transferor may, from time to time, direct the Trustee, on behalf of the Trust, to issue one or more new Series of Investor Certificates, which will represent fractional, undivided interests in certain of the Trust Assets.

• The Parties specifically confirm that, the Transferor shall be solely responsible for any of the taxes filing matters arising from the Equity Transfer.

• The assets of the Trust are allocated in part to the investor certificateholders of all outstanding Series (the “Certificateholders’ Interest”) with the remainder allocated to the Holders of the Transferor Certificates.

• The Class A Certificateholder, by the acceptance of this Class A Certificate, agrees to treat this Class A Certificate for federal, state and local income and franchise tax purposes as debt of the Transferor.

• To the extent that the Class A Servicing Fee, the Class B Servicing Fee and the Collateral Servicing Fee are not paid in full pursuant to the preceding provisions of this Section 3.01, and Sections 4.05 and 4.07, they shall be paid by the Holders of the Transferor Certificates.

More Definitions of Transferor

Transferor and “Transferee” mean a Person who makes or receives a Transfer, respectively.

Transferor means, in relation to a Transferee, the other party.

Transferor as used in this Annex means only Party A; (c) only Party A will be required to make transfers of Eligible Credit Support under Paragraph 2(a); and (d) in the calculation of any Credit Support Amount under Paragraph 2(a), where the Transferee’s Exposure would be expressed as a negative number, such Exposure shall be deemed to be zero.

Transferor means initially, BMW Auto Leasing LLC, a Delaware limited liability company.

Transferor means a transferor as defined by TUPE

Transferor and “Transferee” have correlative meanings.

Transferor means any Partner that has Transferred all or a portion of its Partnership Interests in accordance with the provisions of this Agreement.