Affected Receivables definition

Affected Receivables has the meaning ascribed to such term in Clause 5.7.
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Affected Receivables is defined in Section 7.8.
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Affected Receivables means, collectively, the Pool Audit Affected Receivables and the FCG Affected Receivables.
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Examples of Affected Receivables in a sentence

  • Affected Receivables has the meaning specified in clause 8.1 of the Warranty and Indemnity Agreement.

  • In addition, to reconcile for the Affected Receivables (i.e., to give effect to the Change of Control Adjustment for those Affected Receivables), the parties will instruct the Escrow Agent to deduct $[***] from the amount that would have been paid to Seller and instead pay that amount to Buyer, so that, for this payment distribution, the Escrow Agent will distribute to Buyer a total of $[***] and will distribute to Seller a total of $[***].

  • To give effect to the Change of Control Adjustment in respect of the Affected Receivables, Buyer should have received [***]% of the $[***], or $[***] (i.e., Buyer should have received $[***] more than it received) and Seller should have received [***]% of the $[***], or $[***] (i.e., Seller should have received $[***] less than it received).

  • If the Secured Party has not established one or more Replacement Recipient Accounts, the Intercreditor Agent will direct the Lockbox Bank to transfer Remittances related to the Affected Receivables which are then subject to such Transaction from the Lockbox Account to the applicable Collection Account within two (2) Business Days of receipt (provided that the Intercreditor Agent shall have received all the information contemplated by this Agreement which is necessary to direct such transfers).

  • Unless such breach has been cured in all respects, on the next CM Reporting Date after the Collection Period in which such discovery or receipt of notice of breach occurred, the Seller will repurchase such Transferred Receivables (including the related Ancillary Rights and Vehicle Sale Proceeds Receivables) (the "Affected Receivables") in accordance with the Master Receivables Transfer Agreement at an amount equal to the aggregate Repurchase Price in respect of such Affected Receivables.

  • In such case, the Seller shall be obliged to pay, no later than the Purchase Date following the date on which the misrepresentation, the breach of Eligibility Criteria or the non-compliance with the applicable Concentration Limits and the Affected Receivables was notified, an amount equal to the Re- Purchase Price of the Affected Receivables.

Related to Affected Receivables

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).

  • Excluded Receivable means all indebtedness and other obligations owed to Originator or in which Originator has a security interest or other interest (including, without limitation, any indebtedness, obligation or interest constituting an account, chattel paper, instrument or general intangible) arising in connection with the sale of merchandise or the rendering of services by Originator and further includes, without limitation, the obligation to pay any Finance Charges with respect thereto:

  • Liquidated Receivable means a Defaulted Receivable as to which the related Financed Vehicle has been liquidated by the Servicer.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Permitted Receivables Related Assets means any other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving receivables similar to Receivables and any collections or proceeds of any of the foregoing.

  • Subject Receivables has the meaning assigned to such term in the Asset Representations Review Agreement.