Retransfer Amount definition

Retransfer Amount. Defined in Section 4.5(b).
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Retransfer Amount. As defined in Section 5.6.
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Retransfer Amount. With respect to any Contract required to be retransferred to the Transferor pursuant to Section 2.02 or 2.03 or the Servicer pursuant to Section 3.01, an amount equal to the sum of (i) 100% of the Outstanding Principal Balance thereof on the date of retransfer and (ii) unpaid accrued interest at the applicable Contract Rate on the Outstanding Principal Balance thereof on the date of retransfer from the date to which interest was last paid by the Obligor to the Due Date in the Due Period in which such retransfer occurs. For purposes of determining the Retransfer Amount of any Contract, the Outstanding Principal Balance thereof on the date of retransfer shall not be reduced to zero as a result of its classification as a Liquidated Contract.
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Examples of Retransfer Amount in a sentence

  • Notwithstanding the foregoing, Credit Acceptance shall not exercise such option unless the amount so deposited equals or exceeds the Retransfer Amount for the Loans.

  • The Transferor shall deposit in the Certificate Account at least one Business Day prior to the date on which such notice is given an amount equal to the amount necessary to make the amount on deposit in the Certificate Account on the Payment Date equal to the Total Retransfer Amount for the Contracts computed as above provided.

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  • If the Transferor has deposited the Total Retransfer Amount in the Certificate Account in accordance with this paragraph, no interest shall be payable in respect of the Certificates after the Payment Date.

  • The Company shall be required to deposit into the Collection Account the aggregate Retransfer Amount pursuant to Section 4.02 in accordance with the provisions of such Section.

  • The Seller shall remit the Retransfer Amount of such Lease as of the date of retransfer in the manner specified in Section 5.03.

  • If it is agreed that the Purchaser shall reassign to the Applicable Seller those Assigned Receivables to be reassigned in accordance with Clause 9.2, by executing a Retransfer Document (at the expense of the relevant Seller) along with the repurchase request, provided that such assignment shall only be effective upon payment of the relevant Retransfer Amount to the Purchaser by the Applicable Seller.

  • One room is semi-basement level with its own shower and faces the garden.

  • However, in the event of any breach of the relevant Eligibility Criteria and/or the Seller Warranties, the Seller owes the payment of the Re-transfer Amount regardless of the respective Obligor's credit strength.

  • The Seller shall deposit, or cause to be deposited, into the Collection Account the aggregate Retransfer Amount pursuant to Section 3.02.


More Definitions of Retransfer Amount

Retransfer Amount means, with respect to any Contract, the price equal to the Principal Balance of such Contract (prior to any amendment, modification or exchange) on the first day of the month following the date on which the reacquisition obligation with respect to such Contract arose, plus accrued interest on the Principal Balance of such Contract, at a rate equal to 1/12 of the sum of (i) the weighted average Rate of all outstanding Subordinated Notes and (ii) the Servicing Fee Rate, to the date that is the date of payment of such Retransfer Amount, less the amount, if any, on deposit in the Payahead Account with respect to such Contract.
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Retransfer Amount means, with respect to any Lease, the price equal to the Principal Balance of such Lease (prior to any amendment, modification or exchange) on the first day of the month following the date on which the reacquisition obligation with respect to such Lease arose, plus accrued interest on the Principal Balance of such Lease, at a rate equal to 1/12 of the sum of (i) the Class B Rate and (ii) the Servicing Fee Rate, to the date that is the date of payment of such Retransfer Amount, less the amount, if any, on deposit in the Payahead Account with respect to such Lease.
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Retransfer Amount has the meaning set forth in Section 4.33.
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Retransfer Amount means, with respect to any Contract, the price equal to the Principal Balance of such Contract (prior to any amendment, modification or exchange) on the first day of the month following the date on which the reacquisition or purchase obligation with respect to such Contract arose pursuant to Section 3.03 or 4.02 hereof, plus accrued interest on the Principal Balance of such Contract, at a rate equal to 1/12 of the sum of (i) the weighted average Rate of all outstanding Subordinated Notes and (ii) the Servicing Fee Rate, from the last date on which such amount was paid to the date that is the date of payment of the Retransfer Amount, less the amount, if any, on deposit in the Payahead Account with respect to such Contract.
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Retransfer Amount means, with respect to any Lease, the price equal to the Principal Balance of such Lease (prior to any amendment, modification or exchange) on the first day of the month following the date on which the reacquisition or purchase obligation with respect to such Lease arose pursuant to Section 3.03 or 4.02 hereof, plus accrued interest on the Principal Balance of such Lease, at a race equal to 1/12 of the sum of the (i) Class B Rate and (ii) the Servicing Fee Rate, from the last date on which such amount was paid to the date that is the date of payment of the Retransfer Amount, less the amount, if any, on deposit in the Payahead Account with respect to such Lease.
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Related to Retransfer Amount

  • Transfer Amount means, as of any Transfer Date, any of the Issuer Expenses Transfer Amount, the Taxation Expenses Transfer Amount, the Servicer Fee Transfer Amount, the Reserve LC Expenses Transfer Amount, any Debt Service Reserve Account Transfer Amount, any Series Senior Interest Transfer Amount for any Series of Securities, any Series Senior Scheduled Principal Transfer Amount for any Series of Securities, any Series Senior Excess Scheduled Principal Transfer Amount for any Series of Securities, any Series Senior Accelerated Principal Transfer Amount for any Series of Securities, any Series Senior Excess Accelerated Principal Transfer amount for any Series of Securities, any Series Subordinated Interest Transfer Amount for any Series of Securities, any Series Subordinated Scheduled Principal Transfer Amount for any Series of Securities, and/or any Series Subordinated Accelerated Principal Transfer Amount for any Series of Securities, each as of such Transfer Date.

  • Fair Share Contribution Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty that would not render its obligations hereunder or thereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of Title 11 of the United States Code or any comparable applicable provisions of state law; provided, solely for purposes of calculating the “Fair Share Contribution Amount” with respect to any Contributing Guarantor for purposes of this Section 7.2, any assets or liabilities of such Contributing Guarantor arising by virtue of any rights to subrogation, reimbursement or indemnification or any rights to or obligations of contribution hereunder shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

  • Offered Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).