Buffer Release Amount definition

Buffer Release Amount means on any Payment Date, the product of (a) the Buffer Release Rate, and (b) the Future Discounted Receivables Balance.
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Buffer Release Amount means on any Payment Date, the product of (a) the Buffer Release Rate, and (b) the Aggregate Discounted Lease Balance less (i) the aggregate Discounted Lease Balance of Lease Receivables relating to Delinquent Lease Contracts and less (ii) the aggregate Discounted Lease Balance of Lease Receivables relating to Terminated Lease Contracts, all as determined as of the end of the preceding Monthly Period.
Sample 1
Buffer Release Amount means on any Payment Date, the product of (a) the Buffer Release Rate, and(b) the Future Discounted Receivables Balance.
Sample 1

Examples of Buffer Release Amount in a sentence

  • Buffer Release Amount On each Payment Date while no Insolvency Event has occurred in respect of the Seller, the Trustee (at the direction of the Trust Manager) must pay the Seller a deferred purchase price pursuant to clause 11.2(e) (Order of priority) of the Issue Supplement and clause 12 (Deferred Purchase Price) of the Receivables Purchase Agreement in an amount equal to the Buffer Release Amount.

  • Buffer Release Amount On each Payment Date while no Insolvency Event has occurred in respect of VWFS Australia, the Issuer (at the direction of the Trust Manager) must pay VWFS Australia a deferred purchase price (see “ABSTRACT OF THE OTHER PRINCIPAL TRANSACTION DOCUMENTS - Receivables PurchaseAgreement - Buffer Release Amount”) in an amount equal to the Buffer Release Amount.

  • Buffer Release Amount On each Payment Date while no Insolvency Event has occurred in respect of VWFS Australia, the Trustee (at the direction of the Trust Manager) must pay VWFS Australia a deferred purchase price (see “ABSTRACT OF THE OTHER PRINCIPAL TRANSACTION DOCUMENTS - ReceivablesPurchase Agreement – Buffer Release Amount”) in an amount equal to the Buffer Release Amount.

  • Buffer Release Amount On each Payment Date while no Insolvency Event has occurred in respect of VWFS Australia, the Issuer (at the direction of the Trust Manager) must pay VWFS Australia a deferred purchase price (see “ABSTRACT OF THE OTHER PRINCIPAL TRANSACTION DOCUMENTS - Receivables PurchaseAgreement – Buffer Release Amount”) in an amount equal to the Buffer Release Amount.

Related to Buffer Release Amount

  • Maximum contaminant level means the maximum permissible level of a contaminant in water which is delivered to any user of a public water system.

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.