Examples of New Originator in a sentence
Any Receivables originated by a New Originator will have been originated in accordance with the Lending Criteria of the New Originator, which may differ from the Lending Criteria of Receivables originated by the Initial Originators.
The Issuer may propose that any member of the Group will become a New Originator and be allowed to transfer Eligible Assets to the CBC.
New Originator has executed this Joinder Agreement as of the _____ day of ____________________.
The New Originator hereby makes all of the representations and warranties of an Originator set forth in the Purchase and Sale Agreement (as amended hereby and to the extent applicable) as of the date hereof (unless such representations or warranties relate to an earlier date, in which case as of such earlier date), as if such representations and warranties were fully set forth herein.
The prior consent of the Trustee and the other Secured Creditors will not be required and will not be obtained in relation to the accession of any New Originator to the Programme provided that the relevant conditions precedent in the Transaction Documents are satisfied at the time of the intended accession.