Securitization Receivables has the meaning specified in the definition of “Securitization Transaction”.
Securitization Receivables means any accounts receivable, notes receivable, rights to future lease payments or residuals or other similar rights to payment of such member of the Consolidated Group, any assets related thereto or otherwise customarily sold or pledged in securitization transactions and all proceeds of the foregoing.
Securitization Receivables means, as of any date, all right, title and interest in and to the Receivables arising from time to time in the Securitization Accounts and Related Assets with respect thereto.
Examples of Securitization Receivables in a sentence
Since January 1, 2002, on a consolidated basis, MBNA has properly accounted for the sale of the MBNA Securitization Receivables under GAAP, including Statement of Financial Accounting Standards No. 140, and including in respect of the reporting of income arising from the sale of such MBNA Securitization Receivables.
Certain of our European subsidiaries and Australian subsidiaries have entered into the Securitization Facility and the Australian Receivables Facility, respectively, under which they contribute or sell substantially all of their trade accounts receivable as they are originated to the Securitization Receivables SPE or Australian SPE, as applicable.
The obligations of the Securitization Receivables SPE and Australian SPE are secured on a first-priority basis by all currently owned and subsequently acquired assets of the Securitization Receivables SPE or Australian SPE, respectively, including, but not limited to, all of the receivables transferred to it.
It is noted that 15-25-ton trucks will be used to transport waste and material.
More Definitions of Securitization Receivables
Securitization Receivables means, as of any date, the undivided interest in the Gross Receivables that have been transferred to the Trust and that have not been reassigned to NCI as the seller under the Receivables Purchase Agreement.
Securitization Receivables means, as of any date, the collective reference to the Prime Securitization Receivables and the Prime II Securitization Receivables.
Securitization Receivables has the meaning specified in the definition of “Securitization Transaction”. “Securitization Subsidiary” means (a) O&M Funding and (b) any other wholly-owned Special Purpose Vehicle (other than, for the avoidance of doubt, any Credit Party) which engages in no activities other than those reasonably related to or in connection with the entering into of Securitization Transactions and which is designated by the board of directors of the Parent (as provided below) as a Securitization Subsidiary; provided that no member of the Consolidated Group shall (i) provide credit support to such Securitization Subsidiary other than Limited Originator Recourse, (ii) have any contract, agreement, arrangement or understanding with such Securitization Subsidiary other than on terms that are fair and reasonable and that are no less favorable to such member of the Consolidated Group than could be obtained from an unrelated Person (other than representations, warranties and covenants (including those relating to servicing) entered into in the ordinary course of business in connection with a Qualified Securitization Transaction and intercompany notes relating to the sale of Securitization Receivables to such Securitization Subsidiary and Limited Originator Recourse) or (iii) have any obligation to maintain or preserve such Securitization Subsidiary’s financial condition or to cause such Securitization Subsidiary to achieve certain levels of operating results other than Limited Originator Recourse. Any such designation by the board of directors of the Parent (other than with respect to O&M Funding) shall be evidenced to the Administrative
Securitization Receivables shall have the meaning assigned to such term in the Security Agreement.
Securitization Receivables means, initially, all receivables of the U.S. Borrower and its Subsidiaries (the "ORIGINATOR") of the type described on Schedule IV hereto. For the avoidance of doubt, Securitization Receivables shall include amounts owing to the Originator in respect of products sold and/or services rendered by the Originator, in all cases regardless of whether such receivables are characterized as accounts receivable, general intangibles or otherwise, and shall include certain related rights described in the documentation approved by the Administrative Agent in connection with the Asset Securitization."
Securitization Receivables is defined within the definition of “Securitization Transaction” contained in this Schedule B. “Securitization Subsidiary” is defined within the definition of “Securitization Transaction” contained in this Schedule B. “Securitization Transaction” means any financing or factoring or similar transaction (or series of such transactions) entered by the Obligors or any of their Subsidiaries pursuant to which the Obligors or such Subsidiary may sell, convey or otherwise transfer, or grant a security interest in, accounts, payments, receivables, rights to future lease payments or residuals or similar rights to payment (the “Securitization Receivables”) to a special purpose subsidiary or affiliate (a “Securitization Subsidiary”) or any other Person. “separate account” is defined in Section 6.2. “Series A Notes” is defined in Section 1. “Series B Notes” is defined in Section 1.
Securitization Receivables means Receivables and Related Assets of a Loan Party or Subsidiary of a Loan Party purchased by an Approved Buyer pursuant to a Factoring Arrangement.