Available Purchase Amount definition

Available Purchase Amount means as of any Subsequent Transfer Date, the excess, if any, of $[RESERVED] over the Aggregate Starting Principal Balance on (and before giving effect to any transfers of Receivables on) such Subsequent Transfer Date.
Available Purchase Amount. As of any Subsequent Transfer Date, the excess, ------------------------- if any, of $500,000,000.00 over the Aggregate Starting Receivables Balance on (and before giving effect to any transfers of Receivables on) such Subsequent Transfer Date.
Available Purchase Amount of a Noncommitted Lender means the aggregate of ------------------------- the unutilized Commitments of the Committed Lenders with respect to such Noncommitted Lender.

Examples of Available Purchase Amount in a sentence

  • On each Payment Date during the Revolving Period, the Available Purchase Amount may be used by the Issuer to purchase Additional Receivables in accordance with the Principal Priority of Payments.

  • During the Revolving Period, the Available Purchase Amount may be used by the Issuer to purchase Additional Receivables from the Seller.

  • Each Purchase shall be in an aggregate amount equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof (or, if the then aggregate Available Purchase Amount is less than $5,000,000, such lesser amount).


More Definitions of Available Purchase Amount

Available Purchase Amount is hereby amended by deleting the reference to "$625,000,000" in said definition and inserting "$781,250,000" in lieu thereof;
Available Purchase Amount means, on any date of determination, an amount equal to the sum of (a) $__________ minus (b) the then aggregate Principal Balance of Auto Loans previously purchased by the Trust.
Available Purchase Amount means the Maximum Purchase Amount minus the sum of (i) the aggregate amount of Transactions outstanding hereunder, (ii) the aggregate amount of Loans outstanding under the Loan Agreement, and (iii) the aggregate Indenture Note Principal Balance of the Indenture Notes.
Available Purchase Amount means the Total Purchase Amount less the aggregate principal amount of all Purchases.
Available Purchase Amount means, on each Calculation Date during the Revolving Period, an amount equal to the current credit balance of the Principal Account after the application of item (A) of the Principal Priority of Payments and, as the case may be, the amount of any issue of Further Notes, which will be issued by the Compartment pursuant to the Compartment Regulations, the net proceeds of which will be allocated to purchase Additional Receivables.

Related to Available Purchase Amount

  • Purchase Amount means, with respect to a Receivable, the amount, as of the close of business on the last day of the Collection Period as of which that Receivable is purchased, required to prepay in full that Receivable under the terms thereof including accrued and unpaid interest to such last day.