Additional Receivables definition

Additional Receivables. As defined in Section 2(a).

Additional Receivables. Any retail instalment sale contract or direct purchase money loan for a Financed Vehicle that is included in the Schedule of Additional Receivables attached to a First Step Additional Receivables Assignment and all rights and obligations thereunder.

Additional Receivables means the Receivables purchased by the Issuer from VWFS on any Additional Purchase Date in accordance with the Receivables Purchase Agreement.

Examples of Additional Receivables in a sentence

• Such continuing duties shall not include, in particular, the payment obligations of the Issuer (i) pursuant to clause 3 (Sale of the Initial Receivables) and clause 4 (Sales of Additional Receivables) of the Receivables Purchase Agreement, or (ii) as compensation for damages.

• Consequently, to the extent that the Seller has received any interest or principal or other income from such Additional Receivables between the close of business on the Additional Cut-Off Date to and including the Additional Purchase Date, the Seller will deal with such amounts in accordance with the Servicing Agreement in the same manner as any other Collections in respect of the Purchased Receivables.

• The total consideration payable by the Issuer to the Seller with respect to the Receivables (together with the related Ancillary Rights) on the Purchase Date shall be an amount equal to the Initial Receivables Purchase Price or the Additional Receivables Purchase Price, as applicable, of the relevant Receivables identified in the Notice of Sale (subject to and in accordance with any netting to be made in accordance with clause 23 (Netting)).

More Definitions of Additional Receivables

Additional Receivables means those Receivables, including any Replacement Receivables, designated by the Transferor after the Original Closing Date as Additional Receivables to be sold under this Agreement pursuant to Section 2.1(c), in each case identified on the related Daily Receivables File and the related updated Receivables Schedule.

Additional Receivables means those Receivables described on Schedule 2 that Buyer has agreed to purchase notwithstanding that such Receivables are not Eligible Receivables.

Additional Receivables means, with respect to any Seller, all Receivables of such Seller arising after the close of such Seller's business on the Initial Cut-Off Date (in the case of each of the Original Sellers) or the applicable New Seller Cut-Off Date (in the case of any New Seller) through and including such Seller's Sale Termination Date.

Additional Receivables has the meaning specified in subsection 2.06(a).

Additional Receivables means all Receivables sold by the Seller to the Trust after the Closing Date and during the Funding Period, if any, which shall be listed on Schedule A to the related assignment, delivered pursuant to the Agreement.

Additional Receivables. Any Receivable arising under any Designated Servicing Agreement that is not an Initial Receivable, except that any Receivables arising on or after a Stop Date pursuant to Section 2(e) of the Receivables Sale Agreement or Section 2(c) the Receivables Pooling Agreement shall not constitute Additional Receivables.

Additional Receivables means Receivables other than the Initial Receivables;