Aggregate Receivables definition

Aggregate Receivables means, as of any date of determination, the --------------------- sum of Aggregate Principal Receivables plus Aggregate Finance Charge Receivables.

Aggregate Receivables means, as of any date of determination, the aggregate amount of the Receivables, measured for each Account as of the end of the applicable Billing Cycle ending in the Monthly Period immediately preceding such date of determination.

Aggregate Receivables means, with respect to the Receivables as of any date of determination, the aggregate amount of payments owed on such Receivables from such date through the respective scheduled final payment dates of such Receivables (exclusive of Late Fees and any other administrative charges) less Net Payables as of such date of determination.

Examples of Aggregate Receivables in a sentence

• On the Closing Date, Ally Auto shall pay to the Seller that portion of the Initial Aggregate Receivables Principal Balance as provided in Section 2.02.

• The Seller is receiving fair consideration and reasonably equivalent value in exchange for the sale or contribution of the Aggregate Receivables under this Agreement.

• Within ten (10) day from the Effective Date, the Lender shall have received evidence reasonably satisfactory to the Lender of the completion of all recordings, registrations, and filings as may be necessary or, in the reasonable opinion of the Lender, desirable to perfect or evidence the grant of a first priority perfected security interest in the Company’s ownership interest in the Aggregate Receivables, in favor of the Lender.

• In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”).

• The Seller hereby makes the following representations and warranties on which the Company is relying in accepting the Aggregate Receivables and executing this Agreement.

More Definitions of Aggregate Receivables

Aggregate Receivables. As of any date of determination, all Initial Receivables and all Additional Receivables on such date.

Aggregate Receivables means all Initial Receivables and all Additional Receivables under a Designated REMIC Trust sold and/or contributed by the Seller to the Issuer hereunder.

Aggregate Receivables. All Initial Receivables and all Additional Receivables. “Cash Purchase Price” means, with respect to the Receivables conveyed on a Sale Date, the cash consideration paid by the Company for such Receivables on such Sale Date.

Aggregate Receivables means, with respect to the Receivables as of any date of determination, the aggregate amount of payments owed on such Receivables (exclusive of Late Fees and any other administrative charges) less Net Payables as of such date of determination, as reduced by the aggregate amount of such payments owed in respect of (i) any Transferor Ineligible Receivables reassigned to the Transferor as provided in Section 2.4 (d)(iii), (ii) any Servicer Ineligible Receivables removed from the Trust as provided in Section 3.10(c), (iii) any Receivables removed from the Trust pursuant to Section 2.6 and (iv) any Defaulted Receivables not included in Transferor Ineligible Receivables or Servicer Ineligible Receivables removed from the Trust in accordance with Section 2.4(d)(iii) or 3.10(c) or in Receivables removed from the Trust pursuant to Section 2.6.

Aggregate Receivables. All OLS Initial Receivables and all Additional Receivables sold and/or contributed by the Depositor to the Issuer hereunder.

Aggregate Receivables. All Initial Receivables and all Additional Receivables.

Aggregate Receivables. As of any date of determination, all Initial Receivables and Additional Receivables as of such date of determination.