Transferor Letter definition

Transferor Letter. As defined in Section 5.03(n).
Transferor Letter. As defined in Section 5.03(p)(ii) of this Agreement.
Transferor Letter. As defined in Section 5.02(d).

Examples of Transferor Letter in a sentence

  • Transferor Letter of Undertaking regarding not holding layers for two years (if all quota is be offered).

  • In the event that the Transferor delivers to the Trustee a substitute letter of credit meeting the requirements of Section 4.01B(c), the Trustee shall release to the initial Letter of Credit Bank any funds on deposit in the Transferor Escrow Account for application pursuant to the agreement pursuant to which the initial Transferor Letter of Credit was issued.

  • On the first Business Day after the earlier of the Payoff Date and the scheduled expiration date of the Transferor Letter of Credit, all funds in the Transferor Escrow Account shall be paid to the Letter of Credit Bank for application in accordance with the agreement pursuant to which the Transferor Letter of Credit was issued.

  • Exhibit A-1 Form of Class E-1 Certificate Exhibit A-2 Form of Class E-2 Certificate Exhibit A-R Form of Class R Certificate Exhibit B Class R Transferee Affidavit Exhibit C Class R Transferor Letter Exhibit D Class E-2 Transferee Affidavit This Trust Agreement ("Trust Agreement"), dated as of October 1, 1996, by and among XXXXXX STRUCTURED SECURITIES CORP., as Depositor and STATE STREET BANK AND TRUST COMPANY, as Trustee (the "Trustee").

  • The Depositor hereby accepts such assignment and delegation, and shall be entitled to exercise all the rights of the Seller under the Transfer Agreements, the Transferor Letter Agreements and the Servicing Agreement, other than any servicing rights thereunder, as if the Depositor had been a party to each such agreement.

  • Execution in Counterparts EXHIBITS Exhibit A-1 Form of Class E-1 Certificate Exhibit A-2 Form of Class E-2 Certificate Exhibit A-R Form of Class R Certificate Exhibit B Class R Transferee Affidavit Exhibit C Class R Transferor Letter Exhibit D Class E-2 Transferee Affidavit This Trust Agreement ("Trust Agreement"), dated as of October 1, 1996, by and among XXXXXX STRUCTURED SECURITIES CORP., as Depositor and STATE STREET BANK AND TRUST COMPANY, as Trustee (the "Trustee").

  • If proceeds from the Transferor Letter of Credit are not available to pay such adjustment obligation in full, then the amount of Receivables used to calculate the Transferor Amount, any Invested Percentage, the B/F Amount and the Transferor Percentage will be reduced by the amount of the adjustment.

  • Concurrently with the execution and delivery of this Agreement, the Seller hereby assigns to the Depositor all of its rights and interest under the Transfer Agreement (including the right to enforce the Transferor’s obligation pursuant to Section 8 of the Transferor Letter Agreement) and the Servicing Agreement, other than any servicing rights retained thereunder, and delegates to the Depositor all of its obligations thereunder, to the extent relating to the Mortgage Loans.

  • Any investment earnings on the Transferor Escrow Account shall be remitted monthly on each Distribution Date to the Letter of Credit Bank for application by the Letter of Credit Bank in accordance with the agreement pursuant to which the Transferor Letter of Credit was issued.

  • Any deposit into the Collection Account in connection with the adjustment of a Receivable (including the proceeds of any drawing under the Transferor Letter of Credit) shall be considered an "Adjustment Payment," ------------------ shall be treated as Finance Charge Collections or Principal Collections, as applicable, and shall be applied in accordance with Article IV.


More Definitions of Transferor Letter

Transferor Letter. As defined in Section 5.2(j)(ii).
Transferor Letter has the meaning set forth in Section 3.04(b) hereof.

Related to Transferor Letter

  • Transferor Company means a company that conveys an interest in shares.

  • Transferor Certificate As defined in Section 5.02(b).

  • Transferee Letter Defined in Section 13.16.

  • Investor Letter means that certain Investor Letter, substantially in the form attached hereto as Exhibit B.

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

  • Transferor Amount means (a) prior to the Certificate Trust Termination Date, the "Transferor Amount" under (and as defined in) the Pooling and Servicing Agreement and (b) on and after the Certificate Trust Termination Date, the "Transferor Amount" as defined in Annex A to the Indenture. For purposes of determining the Transferor Amount on any date of determination, any amount deposited into the Principal Account in respect of a Potential Shortfall shall be deemed not to be on deposit in the Principal Account.

  • Blanket Issuer Letter of Representations means the Representation Letter from the Issuer to DTC, with respect to the Bonds.

  • Transferor Interest has the meaning specified in the Transfer Agreement.

  • Transferors means the entities acting as Transferors under the Pooling and Servicing Agreement.

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

  • Assignment Date means the Anniversary Date or such earlier date as shall be acceptable to the Company, the relevant Assignors, the relevant Assignees and the Administrative Agent.

  • Certificate re Non-Bank Status means a certificate substantially in the form of Exhibit F.

  • Minimum Transferor Interest means, with respect to any period, --------------------------- 4% of the average of the aggregate amount of Principal Receivables for such period.

  • Transfer Supplement has the meaning set forth in Section 6.3(c) of this Agreement.

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.

  • Form of Assignment and Transfer means the “Form of Assignment and Transfer” attached as Attachment 3 to the Form of Note attached hereto as Exhibit A.

  • Initial Certificate Transfer Opinion means an opinion rendered by nationally recognized tax counsel (i) upon the initial transfer by the Depositor of a Certificate that results in the Issuer being treated as a partnership for United States federal income tax purposes and (ii) while any Note retained by the Issuer or a Person that is considered the same Person as the Issuer for United States federal income tax purposes is outstanding that (x) such Note will be debt for United States federal income tax purposes or (y) the transfer by the Depositor of such Certificate will not cause the Issuer to be treated as an association or publicly traded partnership taxable as a corporation.

  • Assignment of Earnings shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • Transfer and Servicing Agreement means the Amended and Restated Transfer and Servicing Agreement dated as of May 1, 2007 among the Transferor, the Servicer, and the Indenture Trustee, as the same may be amended, modified or supplemented.

  • Rule 144A Letter As defined in Section 5.02(b).

  • Master Registration Agreement means the agreement of that sets out (among other things) the procedure for a supplier to Register a Supply Point;

  • Designation Letter means, with respect to any Designated Subsidiary, a letter in the form of Exhibit E hereto signed by such Designated Subsidiary and the Company.

  • Transfer Certificate means a certificate substantially in the form set out in Schedule 4 (Form of Transfer Certificate) or any other form agreed between the Agent and the Borrower.

  • Certificate Custodian Initially, Wachovia Bank, National Association; thereafter any other Certificate Custodian acceptable to The Depository Trust Company and selected by the Trustee.

  • Issuer-ICSDs Agreement means the agreement entered into between the Issuer and each of the ICSDs;