Example ContractsClausesSpecial Purpose Entity
Special Purpose Entity
Special Purpose Entity contract clause examples

Special Purpose Entity. The Borrower is in compliance with [Section 6.02(q)].

Special Purpose Entity. The Borrower will not (nor has it taken any such action in the past):

Special Purpose Entity. The Borrower shall be in compliance with the special purpose entity requirements set forth in [Section 4.1(u)].

Special Purpose Entity. The Borrower will not (nor has it taken any such action in the past):

Special Purpose Entity. The Borrower is in compliance with [Section 6.02(q)].

Special Purpose Entity. The Borrower is in compliance with [Section 6.02(q)].

Special Purpose Entity. The Borrower will not (nor has it taken any such action in the past):

Special Purpose Entity. The Seller will be a special purpose company whose primary activities are restricted in its Limited Liability Company Agreement to: # purchasing or otherwise acquiring from the Originators, owning, holding, collecting, granting security interests or selling interests in the Sold Assets and Seller Collateral, # entering into agreements for the selling, servicing and financing of the Receivables Pool (including the Transaction Documents) and # conducting such other activities as it deems necessary or appropriate to carry out its primary activities.

Special Purpose Entity. The Seller will be a special purpose company whose primary activities are restricted in its Limited Liability Company Agreement to: # purchasing or otherwise acquiring from the Originators, owning, holding, collecting, granting security interests or selling interests in the Sold Assets and Seller Collateral, # entering into agreements for the selling, servicing and financing of the Receivables Pool (including the Facility Documents) and # conducting such other activities as it deems necessary or appropriate to carry out its primary activities.

Special Purpose Entity. At all times prior to the Collection Date, the Borrower has not and shall not:

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