Examples of Receivables Loan in a sentence
This Amendment shall constitute a Facility Document under the terms of the Receivables Loan Agreement as amended hereby.
Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to them in the Receivables Loan Agreement.
This Amendment does not constitute a novation or termination of the Receivables Loan Agreement or any Facility Document and all obligations thereunder are in all respects continuing with only the terms thereof being modified as provided herein.
Borrower’s obligations under this Section shall survive termination of this Agreement and repayment of the Receivables Loan.
On the Initial Purchase Date, the Company shall pay a percentage of the purchase price equal to a fraction, the numerator of which is the aggregate Loan Amount (as defined in the Receivables Loan Agreement) received by the Company pursuant to the Receivables Loan Agreement on the Initial Purchase Date and the denominator of which is the aggregate amount of Receivables purchased by the Company from the Originator and its affiliates on the Initial Purchase Date.