Aggregate Receivables Balance definition

Aggregate Receivables Balance. As of any date, the sum of the Receivables Balances of all outstanding Receivables (other than Liquidating Receivables).

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Aggregate Receivables Balance means, as of any date of determination, the aggregate principal amount of the Dealer Notes held by the Issuing Entity as of such date.

Aggregate Receivables Balance means, as of any date of determination, the aggregate of the Receivable Balances of the Receivables that have been sold by ▇▇▇▇▇ to the Purchaser pursuant to the terms hereof and immediately thereafter have been sold by the Purchaser to the Administrative Agent (on behalf of the Owners) pursuant to the terms of the Receivables Purchase and Administration Agreement.

Examples of Aggregate Receivables Balance in a sentence

In consideration for its services hereunder and as compensation for expenses paid as contemplated by Section 2.10, the Servicer shall be entitled to receive on each Distribution Date a servicing fee (the “Basic Servicing Fee”) for the related Monthly Period equal to one-twelfth of 1% (the “Basic Servicing Fee Rate”) multiplied by the Aggregate Receivables Balance as of the last day of the preceding Monthly Period.
In consideration for the Purchased Property, NFRRC shall, at the Closing (as defined below), pay to NFC an amount equal to the Initial Aggregate Receivables Balance (the "Receivables Purchase Price") and NFC shall execute and deliver to NFRRC an assignment (an "Assignment") in the form attached hereto as Exhibit A.
For purposes of this Section 5.02, the Purchaser shall be prohibited from retransferring Receivables to ▇▇▇▇▇ if at the time of such retransfer, and after giving effect thereto, the aggregate Receivable Balances immediately prior to the retransfer for all retransferred Imminent Written-Off Receivables during the past twelve (12) months would exceed 10.00% of the Aggregate Receivables Balance.
On the last day of any Monthly Period as of which the Aggregate Receivables Balance is 10% or less of the Aggregate Starting Receivables Balance, the Servicer shall have the option to purchase the assets of the Owner Trust Estate other than the Designated Accounts and the Certificate Distribution Account.
On the last day of any Monthly Period as of which the Aggregate Receivables Balance is 10% or less of the Initial Aggregate Receivables Balance, the Servicer shall have the option to purchase the assets of the Trust other than the Designated Accounts and the Certificate Distribution Account.

More Definitions of Aggregate Receivables Balance

Aggregate Receivables Balance means, with respect to any date of determination, an amount equal to the aggregate of the Receivables Balance of all Receivables owned by the Borrower, other than Charged-Off Receivables and Reassignment Receivables.

Aggregate Receivables Balance means as of any date, the sum of the ----------------------------- Receivable Balances of all outstanding Receivables (other than Liquidating Receivables).

Aggregate Receivables Balance means, as of any date, the sum of the Receivable Balance of all outstanding Receivables (other Liquidating Receivables) held by the Trust on such date.

Aggregate Receivables Balance means, as of any date of determination, the aggregate of the Receivable Balances of the Receivables that have been sold by Finco to the Purchaser pursuant to the terms hereof and immediately thereafter have been sold by the Purchaser to the Administrative Agent (on behalf of the Owners) pursuant to the terms of the Receivables Purchase and Administration Agreement.

Aggregate Receivables Balance means, as of any date of determination, the aggregate of the Receivable Balances of the Receivables that have been transferred to the Trust from time to time under the terms of the Transfer and Servicing Agreement and have become part of the Trust Assets.

Aggregate Receivables Balance. As of any date, the sum of the Receivable ----------------------------- Balances of all outstanding Receivables (other than Liquidating Receivables) owned by the Owner Trustee on such date.

Aggregate Receivables Balance means, as of any date of determination, the aggregate principal amount of the Dealer Notes held by the Receivables TrustIssuing Entity as of such date.