Replacement Purchaser definition

Replacement Purchaser has the meaning specified in subsection 2.5(d).

Replacement Purchaser has the meaning specified in Section 9.2(a).

Replacement Purchaser as defined in Section 2.22.

Examples of Replacement Purchaser in a sentence

• Each Terminated Purchaser hereby agrees to take all actions reasonably necessary, at the expense of HVF, to permit a Replacement Purchaser to succeed to its rights and obligations hereunder.

• In the event the Issuer obtains a Replacement Purchaser within forty-five (45) days following notice of its intention to do so, the Affected Purchaser (or such non-consenting Purchaser) shall sell and assign its Term Loans and Term Loan Commitments to such Replacement Purchaser, at par, provided that the Issuer has reimbursed such Affected Purchaser for its increased costs, if any, for which it is entitled to reimbursement under this Agreement through the date of such sale and assignment.

• Notwithstanding the foregoing, the consent of each then-current member of an existing Investor Group (other than any Terminated Purchaser) shall be required in order for a Replacement Purchaser to join any such Investor Group.

• If any member of a Defaulting Purchaser Group fails to enter into a Purchaser Group Supplement with a Replacement Purchaser Group in accordance with Section 12.10(e) within five (5) Business Days of the date on which such Purchaser Group Supplement shall have been executed and delivered to such member by such Replacement Purchaser Group, then such member shall be deemed to have executed and delivered such Purchaser Group Supplement without any action on the part of such member.

• Upon the effectiveness of any such assignment to a Replacement Purchaser, (i) such Replacement Purchaser shall become a “Committed Note Purchaser” or “Conduit Investor”, as applicable, hereunder for all purposes of this Agreement and the Series 2009-1 Related Documents, (ii) such Replacement Purchaser shall have a Commitment in the amount not less than the Terminated Purchaser’s Commitment assumed by it and (iii) the Commitment of the Terminated Purchaser shall be terminated in all respects.

More Definitions of Replacement Purchaser

Replacement Purchaser has the meaning specified in subsection 2.4(c) of this Agreement.

Replacement Purchaser. Defined in Section 13.1(c).

Replacement Purchaser has the meaning specified in subsection 7.1(j).

Replacement Purchaser shall succeed to the rights of such Committed Purchaser under this Agreement in respect of its Commitment as a Committed Purchaser, and such Committed Purchaser shall assign such Commitment and its interest in the Equipment Loan Notes or Receivables Notes, as applicable, to such replacement Committed Purchaser in accordance with the provisions of this Section 7.1; provided, that (A) such Committed Purchaser shall not be replaced hereunder with a new investor until such Committed Purchaser has been paid in full its Percentage Interest of the Equipment Loan Note Principal Balance or Receivables Note Principal Balance, as applicable, and all accrued and unpaid interest thereon by such new investor and all other amounts (including all amounts owing under Sections 2.3 and 2.4) owed to it and to all Participants with respect to such Committed Purchaser pursuant to this Agreement, and (ii) if the Committed Purchaser to be replaced is a Note Agent, a replacement agent shall have been appointed in accordance with Section 6.6, and the Note Agent to be replaced shall have been paid all amounts owing to it as agent pursuant to this Agreement. For purposes of this subsection, a Committed Purchaser shall be a “Downgraded Purchaser” if and so long as the credit rating assigned to its short-term obligations by Xxxxx’x or Standard & Poor’s on the date on which it became a party to this Agreement shall have been reduced or withdrawn, or as may be otherwise agreed among the Issuer, such Committed Purchaser and the CP Conduit in its Purchaser Group. Notwithstanding the foregoing or the provisions of Section 7.1(j), if the Note Purchaser being replaced pursuant to this subsection is a CPC Committed Purchaser, the Replacement Purchaser shall be acceptable to the CP Conduit in its Purchaser Group in its sole discretion, and it shall be a condition of such replacement that such Replacement Purchaser enter into substitute Support Facilities for those to which the Note Purchaser being replaced is a party on terms mutually acceptable to the parties thereto. In addition, if the Note Purchaser to be replaced is an Agent or the Administrative Agent, or a CP Conduit which is administered or sponsored by an Agent or the Administrative Agent, it shall be a condition of such replacement that a replacement Agent or Administrative Agent shall have been appointed in accordance with Section 6.6, and the Agent or Administrative Agent to be replaced shall have been paid all amounts owing to it a...

Replacement Purchaser shall have the meaning set forth in Section 12.4(a). Representative or Executive Committee Representative shall have the meaning set forth in Section 8.2(a).

Replacement Purchaser shall have the meaning provided in Section 1.06.

Replacement Purchaser has the meaning given in Clause 8.