Examples of Additional Receivable in a sentence
The Issuer will fund the Purchase Price of any such Additional Receivable by using Issuer Available Funds.
Each such sale is made by way of absolute assignment and, accordingly, VWFS, with full title guarantee, and so far as relating to the Scottish Receivables (which will be held in trust), with absolute warrandice, will agree to assign to or hold on trust for the Issuer all of its rights, title and interest in and to each Additional Receivable, including to the fullest extent possible under applicable law, all Ancillary Rights related to such Additional Receivables but excluding the Excluded Amounts.
Each such sale is made by way of absolute assignment and, accordingly, VWFS, with full title guarantee, and so far as relating to the Scottish Receivables (which will be held in trust), with absolute warrandice, will agree to assign to (or hold in trust for) the Issuer all of its rights, title and interest in and to each Additional Receivable, including to the fullest extent possible under applicable law, all Ancillary Rights related to such Additional Receivables but excluding the Excluded Amounts.
The aggregate seller participation account will increase from partial payments of such companies for purchase of Future Receivables and Additional Receivable when such companies’ net cash flow generated by the Purchased Receivables is insufficient.
The following are the Eligibility Criteria each Additional Receivable shall individually satisfy to be assigned to the Fund (the “Individual Criteria”):1.