Repurchased Lease definition

Repurchased Lease means a 20[●]-[●] Lease reallocated to the UTI or purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Section 8.02 of the Servicing Agreement.
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Repurchased Lease means a 20[•]-[•] Lease reallocated to the Unallocated Assets Series or purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Section 8.02 of the Servicing Agreement.
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Repurchased Lease means, at any time, any Lease which has been purchased by Trans Leasing pursuant to the Contribution and Sale Agreement or by the Seller pursuant to this Agreement, in either case, as a result of a Warranty Event.
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Examples of Repurchased Lease in a sentence

  • After the occurrence of a VAT Trigger Event, the Issuer will be required to register for, an will be liable to, VAT on all relevant supplies under and in connection with the Purchased Lease Assets, inter alia , on the purchase and transfer of Purchased Lease Assets pursuant to the Lease Assets Purchase Agreement, the Lease Instalments, the transfer of Repurchased Lease Assets, and the disposal of Leased Vehicles.


More Definitions of Repurchased Lease

Repurchased Lease means a 2019-B Lease reallocated to the UTI or purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Section 8.02 of the Servicing Agreement.
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Related to Repurchased Lease

  • Repurchased Receivable means a Receivable purchased by Santander Consumer pursuant to Section 3.4 of the Purchase Agreement or by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement.

  • Subject Leases means, for any Asset Review, all 20[•]-[•] Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Purchased Assets has the meaning set forth in Section 2.1.