Receivables Cash Purchase Price definition

Receivables Cash Purchase Price means with respect to any Subsequent Receivable and any date of determination, an amount equal to 100% of the outstanding Principal Balance of such Subsequent Receivable as of such date of determination.
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Receivables Cash Purchase Price means with respect to any Receivable sold on a Sale Date, 100% of the Principal Balance of such Receivable (or 92% if such Receivable is Uninsured) payable as provided in Section 2.01 hereof.
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Receivables Cash Purchase Price with respect to each Eligible Receivable pledged, transferred, assigned and otherwise conveyed on the Closing Date, and each Eligible Receivable pledged, transferred, assigned and otherwise conveyed on a Funding Date, shall mean __% of the Principal Amount thereof plus accrued interest from the respective Cutoff Date to the Closing Date or the Funding Date, as the case may be.
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Examples of Receivables Cash Purchase Price in a sentence

  • In consideration for the Funding Date Receivables and other Trust Property relating thereto described in Section 2.1(c), upon one Business Days' prior notice given by the Depositor to the Trustee, the Depositor shall cause the Trustee, on each Funding Date, to pay to the Originator an amount equal to 100% of the Receivables Cash Purchase Price in cash by federal wire transfer funds.

  • At the Closing Date or the Funding Date, as the case may be, the Depositor will deliver to the Originator the Receivables Cash Purchase Price, as provided in Section 2.01(b).

  • In consideration for the Receivables and Trust Property described in Section 2.01(a), the Depositor shall, on the Closing Date, pay to the Originator 100% of the Receivables Cash Purchase Price in cash by federal wire transfer (same day) funds.

  • On any Subsequent Transfer Date and in accordance with written instructions from the Servicer received prior to such date, the Trustee shall disburse the related Receivables Cash Purchase Price only if (i) the Trustee shall have received, on or before such Subsequent Receivables Transfer Date, a letter issued by an independent accountant retained by Asta Funding (copies of which shall have been delivered to Greenwich Capital Markets, Inc.

  • The obligation of the Seller to sell the Receivables to the Purchaser on each Sale Date is subject to the condition that on each Sale Date the Purchaser will deliver to the Seller the Receivables Cash Purchase Price for the Receivables.

  • Such Receivables Cash Purchase Price shall be payable in cash by federal wire transfer funds.

  • The obligation of the Seller to sell the Receivables to the Purchaser on the Closing Date and each Funding Date is subject to the condition that at the Closing Date the Purchaser will deliver to the Seller the Initial Receivables Purchase Price for the Initial Receivables, as provided in Section 2.01(b)(i) and on each Funding Date will deliver or cause the Trustee to deliver the Receivables Cash Purchase Price for the Additional Receivables being sold on each such date as provided in Section 2.01(b)(ii).


More Definitions of Receivables Cash Purchase Price

Receivables Cash Purchase Price with respect to each Eligible Receivable pledged, transferred, assigned and otherwise conveyed on the Closing Date, and each Eligible Receivable pledged, transferred, assigned and otherwise
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Related to Receivables Cash Purchase Price

  • Receivables Purchase Price means $1,375,000,017.71.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Purchase Amount means the total amount being paid by the Investor on a particular Closing Date to purchase the Securities.

  • Receivables Transaction Amount means the amount of obligations outstanding under the legal documents entered into as part of such Qualified Receivables Transaction on any date of determination that would be characterized as principal if such Qualified Receivables Transaction were structured as a secured lending transaction rather than as a purchase.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Receivables Fee means distributions or payments made directly or by means of discounts with respect to any accounts receivable or participation interest issued or sold in connection with, and other fees paid to a Person that is not a Restricted Subsidiary in connection with, any Receivables Facility.

  • Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.

  • Combined Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Receivables Purchase Facility means any securitization facility made available to the Borrower or any of its Subsidiaries, pursuant to which receivables of the Borrower or any of its Subsidiaries are transferred to one or more SPCs, and thereafter to certain investors, pursuant to the terms and conditions of the Receivables Purchase Documents.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Receivables Pool means, at any time, all of the then outstanding Receivables purchased by the Seller pursuant to the Sale Agreement prior to the Facility Termination Date.

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Adjusted Purchase Price has the meaning set forth in Section 2.2.

  • Receivables Repurchase Obligation means any obligation of a seller of receivables in a Qualified Receivables Financing to repurchase receivables arising as a result of a breach of a representation, warranty or covenant or otherwise, including as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute, off-set or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller.

  • Receivables Net Investment means the aggregate cash amount paid by the lenders or purchasers under any Permitted Receivables Financing in connection with their purchase of, or the making of loans secured by, Receivables Assets or interests therein, as the same may be reduced from time to time by collections with respect to such Receivables Assets or otherwise in accordance with the terms of the Permitted Receivables Documents (but excluding any such collections used to make payments of items included in clause (c) of the definition of Interest Expense); provided, however, that if all or any part of such Receivables Net Investment shall have been reduced by application of any distribution and thereafter such distribution is rescinded or must otherwise be returned for any reason, such Receivables Net Investment shall be increased by the amount of such distribution, all as though such distribution had not been made.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.