Intermediate Transferee definition
Examples of Intermediate Transferee in a sentence
Intermediate Transferee: Any entity to which Advance Purchaser transfers the Receivables prior to the transfer thereof to the Depositor.
Intermediate Transferee: Any entity to which Advance Purchaser transfers the Receivables prior to the transfer thereof to the Depositor.
Affiliate Transfer is defined in Section 7.03(a)(i).
Affiliate Transaction has the meaning provided in Section 4.11.
Permitted Affiliate Transactions means the following:
Affiliate Transactions has the meaning set forth in Section 3.4.
Approved Transferee means (a) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (b) an affiliate of the Funding Lender, or (c) a trust or custodial arrangement established by the Funding Lender or one of its affiliates the beneficial interests in which will be owned only by QIBs.