Facility Eligible Receivable definition

Facility Eligible Receivable. A Receivable:

Facility Eligible Receivable. With respect to each Series of Notes, a Receivable satisfying the definition of Facility Eligible Receivable set forth in the related Indenture Supplement, which definition shall include the following criteria:

Facility Eligible Receivable means, with respect to the Series 2013-VF1 Notes, a Receivable:

Examples of Facility Eligible Receivable in a sentence

• Each Receivable is payable in United States dollars, is a Facility Eligible Receivable and is transferred pursuant to a Designated Servicing Agreement that is a Facility Eligible Servicing Agreement.

• Each Receivable is a Facility Eligible Receivable as of the Sale Date therefor.

• Each Receivable is payable in United States dollars, is a Facility Eligible Receivable and is transferred pursuant to a Designated Servicing Agreement that is a Facility Eligible Servicing Agreement (except those transferred pursuant to any Ineligible Designated Servicing Agreement); provided that notwithstanding the foregoing, Advance Purchaser makes no representation or warranty with respect to Receivables arising under any Ineligible Designated Servicing Agreement.

• Each Receivable is payable in United States dollars and is a Facility Eligible Receivable.

• Each Receivable is payable in United States dollars, is a Facility Eligible Receivable and is transferred pursuant to a Designated Servicing Agreement.

More Definitions of Facility Eligible Receivable

Facility Eligible Receivable means, with respect to the Series 2012-VF3 Notes, a Receivable:

Facility Eligible Receivable means, with respect to the Series 2012-VF2 Notes, a Receivable:

Facility Eligible Receivable means, with respect to the Series 2013-T3 Notes, a Receivable:

Facility Eligible Receivable with respect to the Series 2013-T2 Notes means a Receivable which meets the criteria for a Facility Eligible Receivable set forth in the Base Indenture except that clause (xi) thereof shall be amended to read as follows in its entirety:

Facility Eligible Receivable means, with respect to the Series 2012-T2 Notes, a Receivable, as of any date of determination:

Facility Eligible Receivable means, with respect to the Series 2013-T7 Notes, a Receivable:

Facility Eligible Receivable means, with respect to the Series 2014-T3 Notes, a Receivable: