REPURCHASE EVENTS definition

REPURCHASE EVENTS. The occurrence of a breach of any of AFL's, the Seller's or the Servicer's representations and warranties in this Agreement or in the Purchase Agreement or in any Subsequent Purchase Agreement which requires the repurchase of a Receivable by AFL or the Seller pursuant to Section 2.6 or by the Servicer pursuant to Section 3.7.
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REPURCHASE EVENTS has the meaning set forth in Section 5(b) hereof.
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REPURCHASE EVENTS has the meaning specified in Section 11.1(b).
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Examples of REPURCHASE EVENTS in a sentence

  • The Originator hereby covenants and agrees with the Purchaser for the benefit of the Purchaser, the Indenture Trustee, the Noteholders, the Trustee and the Certificateholders that the occurrence of a breach of any of the Originator's representations and warranties contained in Section 3.2(b), shall constitute events obligating the Originator to repurchase any Receivable materially and adversely affected by any such breach ("REPURCHASE EVENTS") at the Purchase Amount from the Purchaser or from the Trust.

  • NH Credit hereby covenants and agrees with CNHCR for the benefit of CNHCR, the Indenture Trustee, the Noteholders, the Trust, the Trustee and the Certificateholders that the occurrence of a breach of any of NH Credit's representations and warranties contained in SECTION 3.2(b), shall constitute events obligating NH Credit to repurchase any NH Receivable materially and adversely affected by any such breach ("REPURCHASE EVENTS") at the Purchase Amount from CNHCR or from the Trust.


More Definitions of REPURCHASE EVENTS

REPURCHASE EVENTS has the meaning specified in Section 11.1.
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REPURCHASE EVENTS. The occurrence of a breach of any of the Seller's or the Servicer's representations and warranties in this Agreement which requires the repurchase of a Receivable by the Seller or the Servicer pursuant hereto.
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REPURCHASE EVENTS. The occurrence of a breach of any of [____________]'s representations or warranties in the Unaffiliated Seller's Agreement and the Purchase Agreement or the Servicer's representations and warranties in this Agreement which requires the repurchase of a Receivable by [____________] or the Servicer.
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REPURCHASE EVENTS. The occurrence of a breach of any of AFS', the Seller's or the Servicer's representations and warranties in this Agreement or in the Purchase Agreement which requires the repurchase of a Receivable by AFS or the Seller pursuant to Section 2.5 or by the Servicer pursuant to Section 3.7.
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REPURCHASE EVENTS has the meaning provided in Section 5.01(b) hereof.
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Related to REPURCHASE EVENTS

  • Change of Control Repurchase Event means the occurrence of both a Change of Control and a Below Investment Grade Rating Event.

  • Repurchase Upon Fundamental Change means the repurchase of any Note by the Company pursuant to Section 4.02.

  • Fundamental Change Repurchase Notice shall have the meaning specified in Section 15.02(b)(i).

  • Fundamental Change Repurchase Date shall have the meaning specified in Section 15.02(a).

  • Fundamental Change Repurchase Price shall have the meaning specified in Section 15.02(a).

  • Repurchase Period means a period of 90 consecutive days commencing on the date when the Optionee’s Service terminates for any reason, including (without limitation) death or disability.

  • Form of Fundamental Change Repurchase Notice means the “Form of Fundamental Change Repurchase Notice” attached as Attachment 2 to the Form of Note attached hereto as Exhibit A.

  • Repurchase Date has the meaning specified in Section 14.1.

  • Repurchase Price means, with respect to any Loan the Book Value, adjusted to reflect changes to Book Value after Bank Closing, plus (i) any advances and interest on such Loan after Bank Closing, minus (ii) the total of amounts received by the Assuming Bank for such Loan, regardless of how applied, after Bank Closing, plus (iii) advances made by Assuming Bank, plus (iv) total disbursements of principal made by Receiver that are not included in the Book Value.

  • Fundamental Change Purchase Notice has the meaning specified in Section 3.01(a)(i).

  • Fundamental Change Purchase Date has the meaning specified in Section 8.01(a).

  • Accelerated Repurchase Date shall have the meaning specified in Section 14(b)(i) of this Agreement.

  • Early Repurchase Date shall have the meaning specified in Section 3(d) of this Agreement.

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Fundamental Change Purchase Price has the meaning specified in Section 5.01(a).