Common use of Payment of Repurchase Prices and Substitution Shortfall Amounts Clause in Contracts

Payment of Repurchase Prices and Substitution Shortfall Amounts. The Issuer and the Indenture Trustee shall direct that the Depositor remit or cause to be remitted all amounts in respect of Repurchase Prices and Substitution Shortfall Amounts payable during the related Due Period in immediately available funds to the Indenture Trustee on the Transfer Date for deposit in the Collection Account.

Appears in 20 contracts

Samples: Indenture (Bluegreen Vacations Holding Corp), BXG Receivables Note (Bluegreen Vacations Holding Corp), Indenture (BBX Capital Corp)

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Payment of Repurchase Prices and Substitution Shortfall Amounts. The Issuer and the Indenture Trustee shall direct that the Depositor remit or cause to be remitted all amounts in respect of Repurchase Prices and Substitution Shortfall Amounts payable during the related Due Period in immediately available funds to the Indenture Trustee on the Transfer Funding Date for deposit in the Collection Account.

Appears in 6 contracts

Samples: Indenture (Bluegreen Corp), Indenture (Bluegreen Corp), BXG Timeshare (Bluegreen Corp)

Payment of Repurchase Prices and Substitution Shortfall Amounts. The Issuer and the Indenture Trustee shall direct that the Depositor remit or cause to be remitted all amounts in respect of Repurchase Prices and Substitution Shortfall Amounts payable during the related Due Period in immediately available funds to the Indenture Trustee on the Transfer Date applicable dates of repurchase or substitution of a Timeshare Loan for deposit in the Collection Account.

Appears in 4 contracts

Samples: Note Funding Agreement (BBX Capital Corp), Note Funding Agreement (Bluegreen Vacations Corp), BXG Timeshare (Bluegreen Vacations Holding Corp)

Payment of Repurchase Prices and Substitution Shortfall Amounts. The Issuer and the Indenture Trustee shall direct that the Depositor Originator or the Servicer, as applicable, remit or cause to be remitted all amounts in respect of Repurchase Prices, Default Purchase Prices, Force Majeure Purchase Prices and Substitution Shortfall Amounts payable during the related Due Period in immediately available funds to the Indenture Trustee on the Transfer Date for deposit in the Collection Account.

Appears in 2 contracts

Samples: Indenture (Silverleaf Resorts Inc), Silverleaf Resorts Inc

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Payment of Repurchase Prices and Substitution Shortfall Amounts. The Note Issuer and the Indenture Trustee Collateral Agent shall direct that the Depositor remit or cause to be remitted all amounts in respect of Repurchase Prices and Substitution Shortfall Amounts payable during the related Due Period in immediately available funds to the Indenture Trustee Collateral Agent on the Transfer Business Day prior to the Payment Date for deposit in the Collection Account.

Appears in 1 contract

Samples: Note Purchase Agreement (Stratstone/Bluegreen Secured Income Fund, LLC)

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