Initial Purchase Date definition

Initial Purchase Date. The first Payment Date following the month in which the Pool Balance is initially reduced to less than 20% of the Cut-off Date Balance.

Initial Purchase Date has the meaning set forth in Section 2.1(b) hereof.

Initial Purchase Date means the date the first Purchase is made pursuant to this Agreement.

Examples of Initial Purchase Date in a sentence

• On each Purchase Date (other than the Initial Purchase Date) and on such other dates as may be provided herein, a portion of the amounts in the Authority PSL-Sourced Proceeds Account and, to the extent not previously transferred to the Authority PSL-Sourced Proceeds Account, the Holding Account shall be transferred to specified accounts under the Deposit and Disbursement Agreement.

• The Servicer shall deposit or cause to be deposited (and, to the extent received by the Authority directly, the Authority shall deposit or cause to be deposited) all PSL Revenues from any source into the Clearing Account or, in the case of the Initial PSL Revenues, into an account designated by the Trust in writing on or before the Initial Purchase Date.

• The Initial Purchase Date as defined in the Amended and Restated Sixth Series Resolution is June 15, 2016.

• VWFS Australia will assign the benefit of such security to the Issuer pursuant to the Receivables Acquisition.IMPORTANT TRANSACTION DOCUMENTS AND TRANSACTION FEATURESReceivables Purchase AgreementPursuant to the provisions of the Receivables Purchase Agreement, on the Initial Purchase Date, the Issuer has acquired from VWFS Australia the Initial Receivables and any Insurance Rights.

• Security Name Symbol /Cusip Share Class Initial Purchase Date Approx.

More Definitions of Initial Purchase Date

Initial Purchase Date means the date of the Initial Purchase.

Initial Purchase Date means June 4, 1999.

Initial Purchase Date means March 26, 2012 or the first date thereafter on which all of the conditions precedent specified in Sections 3.01 and 3.02 have been satisfied.

Initial Purchase Date means the first Purchase Date occurring on or after the Effective Date, which date shall be the earliest practicable date following the date on which the parties mutually agree that the conditions of purchase set forth in Section 3.01 have been satisfied.

Initial Purchase Date means the Closing Date or such later date as the parties hereto shall agree.

Initial Purchase Date means the date on which the initial Purchase under the XXX Purchase Agreement is made.

Initial Purchase Date means the first Purchase Date on which Receivables are purchased by the Purchaser from any Seller under this Agreement.