Class C Committed Note Purchaser definition
Examples of Class C Committed Note Purchaser in a sentence
Upon discovery of any Class C Excess Principal Event, HVF II, within two (2) Business Days of such discovery, shall deliver written notice of any related Class C Mandatory Decreases, any related Class C Mandatory Decrease Amount and the date of any such Class C Mandatory Decrease to the Trustee and the Class C Committed Note Purchaser.
For the avoidance of doubt, no Class C Committed Note Purchaser may disclose any of the foregoing information to any Class C Transferee who is a Disqualified Party without the prior written consent of an Authorized Officer of HVF II, which consent may be withheld for any reason in HVF II’s sole and absolute discretion.
Upon HVF II’s request in accordance with Section 2.2(c)(i), the Class C Committed Note Purchaser shall fund such Class C Advances.
Notwithstanding anything to the contrary herein (but subject to Section 9.3(c)(viii)), any assignment by a Class C Committed Note Purchaser to a different Class C Investor Group that includes a Class C Conduit Investor shall be made pursuant to Section 9.3(c)(iii), and not this Section 9.3(c)(i).
Notwithstanding anything to the contrary herein, any assignment by a Class C Committed Note Purchaser to a different Class C Investor Group that includes a Class C Conduit Investor shall be made pursuant to Section 9.3(c)(iii), and not this Section 9.3(c)(i).
Subject only to compliance with this Section 2.1(c)(iii), Section 2.1(d)(iii) and Section 2.1(e)(iii), on any Business Day during the Series 2013-B Revolving Period, HVF II and the Class C Committed Note Purchaser may increase the Class C Maximum Principal Amount (any such increase, a “Class C Maximum Principal Increase”) by entering into a Class C Maximum Principal Increase Addendum.
Subject to the other conditions set forth in this Section 2.2(c), on the date of each Class C Advance, the Class C Committed Note Purchaser shall make available to HVF II the amount of such Class C Advance by wire transfer in U.S. dollars in same day funds to the Series 2013-A Principal Collection Account no later than 2:00 p.m. (New York City time) on the date of such Class C Advance.
HVF II shall provide at least one (1) Business Day’s prior written notice to the Class C Committed Note Purchaser and the Administrative Agent of any such increase, setting forth (i) the Class C Maximum Principal Amount after giving effect to such Class C Maximum Principal Increase, (ii) the Class C Maximum Principal Increase Amount WEIL:\96021878\3\52399.0016 in connection with such Class C Maximum Principal Increase and (iii) the desired effective date of such Class C Maximum Principal Increase.
The Class C Committed Note Purchaser hereby designates and appoints Deutsche Bank AG, New York Branch as the Administrative Agent hereunder, and hereby authorizes the Administrative Agent to take such actions as agent on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms of this Series 2013-A Supplement together with such powers as are reasonably incidental thereto.
The appointment and authority of the Administrative Agent hereunder shall terminate upon the indefeasible payment in full of the Series 2013-B Notes and all other amounts owed by HVF II hereunder to each of the Class A Investor Groups, the Class B Investor Groups and the Class C Committed Note Purchaser (the “Aggregate Unpaids”).