Initial Receivables Purchase Price definition

Initial Receivables Purchase Price means $[ ].

Initial Receivables Purchase Price means the purchase price in respect of Initial Receivables being an amount of GBP 500,002,294.64 as defined in the Receivables Purchase Agreement, less (i) an amount of GBP 11,100,072.28 for overcollateralisation purposes, less (ii) an amount of GBP 4,650,000.00 for the endowment of the Cash Collateral Account and less (iii) certain costs related to the issue of the Initial Notes (Nil).

Initial Receivables Purchase Price means $592,343,629.20.

Examples of Initial Receivables Purchase Price in a sentence

• 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.

• The portion of the Initial Receivables Purchase Price to be paid in cash shall be by federal wire transfer (same day) funds.

• The remainder of the Initial Receivables Purchase Price shall be paid by crediting the Seller with a contribution to the capital of the Purchaser.

• In consideration for the Initial Receivables, the other property described in Section 2.1(a) and delivery of the Yield Supplement Agreement, the Purchaser shall, on or prior to the Closing Date, pay to or upon the order of the Seller the Initial Receivables Purchase Price.

• An amount equal to $[ ] of the Initial Receivables Purchase Price shall be paid to the Seller in cash.

More Definitions of Initial Receivables Purchase Price

Initial Receivables Purchase Price means, with respect to the Initial Receivables, the fair market value of the Initial Receivables on the Closing Date, as set forth on Schedule A to the Purchase Agreement.

Initial Receivables Purchase Price shall have the meaning specified in Section 2.1(b).

Initial Receivables Purchase Price means the purchase price in respect of Purchased Initial Receivables and is calculated as the sum of the Purchased Initial Receivables discounted by the Discount Rate, less (i) an amount of EUR 6,300,000 for overcollateralisation purposes and less (ii) an amount of EUR 11,894,400 for the endowment of the Cash Collateral Account.

Initial Receivables Purchase Price means $1,662,947,981.41.

Initial Receivables Purchase Price shall be GBP 5,155,199,103.05 (equal to the Aggregate Discounted Receivables Balance of the Purchased Receivables as of the Initial Cut-Off Date) less (i) an amount of GBP 309,378,573.55 for overcollateralisation purposes and less (ii) the Initial Cash Collateral Amount.

Initial Receivables Purchase Price means $170,000,000 (the Principal Balance of the Initial Receivables as of the Initial Cutoff Date).

Initial Receivables Purchase Price means $224,144,683.55 (the Principal Balance of the Initial Receivables as of the Initial Cutoff Date).