Bankruptcy Remote Party definition

Bankruptcy Remote Party means each of the Seller, the Issuer, any other trust created by the Seller or any limited liability company or corporation wholly-owned by the Seller.
Bankruptcy Remote Party means any of the Depositor, the Issuing Entity, the Titling Trust or any Special Purpose Entity (and the general partner of any Special Purpose Entity that is a partnership, or the managing member of any Special Purpose Entity that is a limited liability company) that holds a beneficial interest in the Titling Trust.
Bankruptcy Remote Party means each of NARC II, the Issuer, any other trust created by NARC II or any limited liability company or corporation wholly owned by NARC II.

Examples of Bankruptcy Remote Party in a sentence

  • Each Certificateholder, by its acceptance of a Certificate or any beneficial interest in a Certificate, covenants and agrees that such Certificateholder will not at any time institute against any Bankruptcy Remote Party, or join in any institution against any Bankruptcy Remote Party of, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any United States, federal or state bankruptcy or similar law.


More Definitions of Bankruptcy Remote Party

Bankruptcy Remote Party means each of the Depositor, the Issuer, any other trust created by the Depositor or any limited liability company or corporation wholly-owned by the Depositor.
Bankruptcy Remote Party means each of the Seller, the Issuer, any other trust created by the Seller or any limited liability company or corporation wholly-owned by the Seller. 2 Appendix A to the Sale and Servicing
Bankruptcy Remote Party means any of Nissan Auto Receivables Corporation II and Party B.
Bankruptcy Remote Party means each of the Seller and the Issuer.
Bankruptcy Remote Party means Volkswagen Auto Lease/Loan Underwritten Funding, LLC and Party B.
Bankruptcy Remote Party means each of the Depositor, the Issuer, any other trust created by the Depositor or any limited liability company or corporation wholly-owned by the Depositor. [“Benchmark” means, initially, [insert floating rate benchmark applicable to any floating rate notes.]2 2 [Note: the Transaction Documents with respect to any Series which includes floating rate notes will include additional defined terms, as applicable, with respect to the related benchmark and any benchmark replacement.]
Bankruptcy Remote Party means Fifth Third Holdings Funding, LLC and Party B.