Repurchase Response Notice definition

Repurchase Response Notice means a notice delivered by the Indenture Trustee at the direction of the Administrator to a Noteholder or Note Owner indicating that a Repurchase Request is unresolved.
Repurchase Response Notice. A notice delivered by the Indenture Trustee to a Noteholder or Note Owner indicating that a Repurchase Request is unresolved, after (i) the Indenture Trustee receives a Repurchase Request, (ii) the Depositor or the Seller does not repurchase the Receivables related to such Repurchase Request within 180 days of the receipt of such Repurchase Request and (iii) the Depositor notifies the Indenture Trustee that such 180 day period has expired.
Repurchase Response Notice means a notice delivered by the Depositor or Sponsor to the Indenture Trustee for further delivery by the Indenture Trustee to a Noteholder or Note Owner indicating that a Repurchase Request is unresolved and informing such Noteholder or Note Owner that it has 30 days from the date of such notice to refer the matter to dispute resolution.

Examples of Repurchase Response Notice in a sentence

  • Any election to refer a Repurchase Request to an ADR Proceeding must be delivered to the Seller and JDCC (i) within the applicable statute of limitations period and (ii) within 30 days of the delivery by the Servicer of the Repurchase Response Notice.

  • The Servicer shall deliver a Repurchase Response Notice to the Indenture Trustee at the end of such 180-day period, and, if the Requesting Party was a Noteholder, the Indenture Trustee shall forward the Repurchase Response Notice to the Requesting Party.

  • If the Indenture Trustee receives a Repurchase Response Notice from the Sponsor or the Seller, it shall promptly deliver such Repurchase Response Notice to the related Noteholder or Note Owner.

  • If the Indenture Trustee receives a Repurchase Request and does not receive notice from the Sponsor or the Depositor of a repurchase of the Receivables related to such Repurchase Request within 180-days of the receipt of such Repurchase Request, the Indenture Trustee shall deliver a Repurchase Response Notice to the related Noteholder or Note Owner, provided that such Repurchase Response Notice will be delivered to the Indenture Trustee by the Sponsor or the Depositor.

  • If the Indenture Trustee receives a Repurchase Request and does not receive notice from the Sponsor or the Depositor of a repurchase of the Receivables related to such Repurchase Request within 180-days of the receipt of such Repurchase Request, the Indenture Trustee shall deliver a Repurchase Response Notice to the related Noteholder or Note Owner, but only to the extent such Repurchase Response Notice has been delivered to the Indenture Trustee by the Sponsor or the Depositor.


More Definitions of Repurchase Response Notice

Repurchase Response Notice. A notice delivered by the AART Indenture Trustee to a Noteholder or Note Owner indicating that a Repurchase Request is unresolved, after (i) the AART Indenture Trustee receives a Repurchase Request, (ii) the Depositor or Ally Bank does not repurchase the Lease Assets related to such Repurchase Request within 180 days of the receipt of such Repurchase Request and (iii) the Depositor notifies the AART Indenture Trustee that such 180 day period has expired.

Related to Repurchase Response Notice

  • Repurchase Request shall have the meaning assigned to such term in Section 2.4(a) of the Sale and Servicing Agreement.

  • Repurchase Notice has the meaning set forth in Section 8.6(a).

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Timely Notice means a stockholder’s notice to the Secretary of the Corporation which must be delivered to or mailed and received at the principal executive offices of the Corporation not less than ninety (90) days nor more than one hundred twenty (120) days prior to the first anniversary of the preceding year’s annual meeting of stockholders; provided, however, that in the event that the date of the annual meeting is more than thirty (30) days before, or more than sixty (60) days after, such anniversary date, notice by the stockholder to be timely must be so delivered not earlier than the one hundred twentieth (120th) day prior to such annual meeting and not later than the ninetieth (90th) day prior to such annual meeting or, if later, the tenth (10th) day following the day on which the date that such annual meeting was Publicly Disclosed (as defined above).

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Seller’s Notice has the meaning set forth in Section 8.5(a).