WEST III definition

WEST III means, if and when formed, Willis Engine Securitization Trust III, a Delaware statutory trust which is a Wholly-Owned Subsidiary of Borrower.
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WEST III means, Xxxxxx Engine Structured Trust III, a Delaware statutory trust which is a Wholly-Owned Subsidiary of Borrower. “WEST IV” means, Xxxxxx Engine Structured Trust IV, a Delaware statutory trust which is a Wholly-Owned Subsidiary of Borrower. “WEST V” means, Xxxxxx Engine Structured Trust V, a Delaware statutory trust which is a Wholly-Owned Subsidiary of Borrower. “WEST VI” means, Xxxxxx Engine Structured Trust VI, a Delaware statutory trust which is a Wholly-Owned Subsidiary of Borrower. “WEST VII” means, Xxxxxx Engine Structured Trust VII, a Delaware statutory trust which is a Wholly-Owned Subsidiary of Borrower. “WEST Administrative Agency Agreement” means (i) that certain Administrative Agency Agreement dated August 4, 2017 among WEST III, Borrower, Deutsche Bank Trust Company Americas and each Managed Group Member as defined therein and made a party thereto, (ii) that certain Administrative Agency Agreement dated August 22, 2018 among WEST IV, Borrower, Deutsche Bank Trust Company Americas and each Managed Group Member as defined therein and made a party thereto, as amended, waived, restated, supplemented or otherwise modified from time to time, (iii) that certain Administrative Agency Agreement dated March 3, 2020 among WEST V, Borrower, Deutsche Bank Trust Company Americas and each Managed Group Member as defined therein and made a party thereto, (iv) that certain Administrative Agency Agreement dated May 17, 2021 among WEST VI, Borrower,
Sample 1
WEST III means, Xxxxxx Engine Structured Trust III, a Delaware statutory trust which is a Wholly-Owned Subsidiary of Borrower.
Sample 1

Examples of WEST III in a sentence

  • WEST III is a VIE which the Company owns 100% of the interest and consolidates in its financial statements.

  • Under WEST III, WEST IV and WEST V, security deposits are held in restricted accounts equal to a portion of the security deposits for leases scheduled to terminate over the subsequent four months, in each case, subject to a minimum balance of $1.0 million.

  • Building Sewer means the extension from the building drain to the public sewer or other place of disposal, also called the lateral.

  • Principal and interest on the WEST III, IV and V Notes are payable monthly to the extent of available cash in accordance with a priority of payments included in the respective indenture agreements.

  • For example, concerning the ship’s schedule, all authorized personnel on the ship and at the operational commands will have full access to the ship’s long and short range schedule, but to the material routing activities, the only information they need to know is where to send current material on hand.

  • Additionally, in connection with WEST III, WEST IV and WEST V, the Company entered into servicing agreements and administrative agency agreements to provide certain engine, lease management and reporting functions in return for fees based on a percentage of collected lease revenues and asset sales.

  • Because WEST III, WEST IV and WEST V are consolidated for financial statement reporting purposes, all fees eliminate upon consolidation.

  • Under WEST III, cash equal to a portion of the projected maintenance obligations for the subsequent nine months is held in a restricted account and is subject to a minimum balance of $10.0 million.

  • The WEST III, IV and V Notes are secured by, among other things, the respective ABS’s direct and indirect interests in a portfolio of assets.

  • The legal final maturity of the Notes is August 15, 2042.In connection with the transactions described above, the Company entered into a Servicing Agreement and Administrative Agency Agreement with WEST III to provide certain engine, lease management and reporting functions for WEST III in return for fees based on a percentage of collected lease revenues and asset sales.Because WEST III is consolidated for financial statement reporting purposes, all fees eliminate upon consolidation.

Related to WEST III

  • LLC means Limited Liability Company.

  • Asset management means a systematic process of operating and maintaining the state system of

  • Financial Services means any service of a financial nature, including (but not limited to) —

  • Crosswalk means that part of a roadway at an intersection included within the connections of the

  • community centre means any school, railway station, police station and other location providing a service to the community;

  • Boathouse (NR 115.03(1h)) means a permanent structure used for the storage of watercraft and associated materials and includes all structures which are totally enclosed, have roofs or walls or any combination of these structural parts.

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • Service Road means a road or lane provided at the front, rear or side of a plot for service purpose;

  • Shoreland means land, as defined in Minn. Stat. § 103F.205, subd. 4, located within 1,000 feet from the normal high water mark of a lake, pond, or flowage and 300 feet of a river or stream or the landward side of floodplain delineated by ordinance on such a river or stream, whichever is greater.

  • Spring means a source of water where an aquifer comes in contact with the ground surface.

  • CAISO Global Resource ID means the number or name assigned by the CAISO to the CAISO- Approved Meter.

  • Healthcare services means services or goods provided for

  • one-way street means a street upon which vehicular traffic is limited to movement in one direction.

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Corporation/ Corpn./ Department means the Central Warehousing Corporation.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Expressway means a divided arterial highway for through traffic with full or partial control of access with an excess of fifty percent of all crossroads separated in grade.

  • National Park means comparatively large areas of outstanding scenic and natural beauty with the primary objective of protection and preservation of scenery, flora and fauna in the natural state to which access for public recreation and education and research may be allowed;

  • Center means the center for educational performance and information created in section 94a.

  • ESBD means the Electronic State Business Daily, the electronic marketplace where State of Texas bid opportunities over $25,000 are posted. The ESBD may currently be accessed at http://www.txsmartbuy.com/sp.

  • Gateway means the BT electronic gateway, used for all ordering or fault reporting as described in the relevant section of the Handbook;

  • Hospitality means the considerate care of guests, which may include refreshments, accommodation and entertainment at a restaurant, hotel, club, resort, convention, concert, sporting event or other venue such as Company offices, with or without the personal presence of the host. Provision of travel may also be included, as may other services such as provision of guides, attendants and escorts; use of facilities such as a spa, golf course or ski resort with equipment included;

  • Post Office Box means the separate post office box in the name of the Trust established and maintained pursuant to Section 4.2.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • Terrace means a relatively level step constructed in the face of a graded slope surface for drainage and maintenance purposes.