Examples of Ancillary Rights in a sentence
The Seller will account, following the Closing Date and following each relevant Additional Purchase Date, to the Issuer for all sums received by it from any Obligor or other party under or in respect of the Receivables and the related Ancillary Rights and the Seller will hold the same on trust for the Issuer and such amounts will be paid to the Issuer in accordance with the Transaction Documents.
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)).
The Issuer shall sell and transfer to VWFS the Redelivery Purchased Receivables, Financing Contracts and all related Ancillary Rights related to such Financing Contract as may be identified in any Redelivery Repurchase Notice on the Redelivery Repurchase Date for that Redelivery Repurchase Notice, for the Redelivery Repurchase Price.