Seller Payout Date definition

Seller Payout Date means a “Seller Payout Date” under, and as defined in, any Originator Sale Agreement.
Seller Payout Date means a “Seller Payout Date” under, and as defined in, any Originator Sale Agreement. “Seller Termination Date” means the “Termination Date” under, and as defined in, any Originator Sale Agreement.
Seller Payout Date means, with respect to any Seller, the earlier of (a) the Final Payout Date or (b) the latest of (i) the date described in Section 9.13 (Termination of Seller) on which such Seller shall cease to have the right to transfer Receivables to the Buyer hereunder, (ii) the date on which each Acquired Receivable originated by such Seller has been paid in full or such Acquired Receivable has become a Defaulted Receivable and the Buyer has received all amounts it reasonably expects to receive in respect of such Defaulted Receivable and its Related Security (including the proceeds of any claim under a credit insurance policy), or (iii) the date on which such Seller has made all payments and deposits required to be made by it under this Agreement and the other Transaction Documents to which it is a party.

Examples of Seller Payout Date in a sentence

  • Until the applicable Seller Payout Date, each Seller covenants and agrees on its own behalf and with respect to itself only as set out in this Section 5.

  • Until the Seller Payout Date (as defined in the U.S. RPA) for each Seller has occurred, the Transferor covenants and agrees as set out in this Section 5.

Related to Seller Payout Date

  • Final Payout Date means the date on or after the Termination Date when (i) the Aggregate Capital and Aggregate Interest have been paid in full, (ii) all Borrower Obligations shall have been paid in full, (iii) all other amounts owing to the Credit Parties and any other Borrower Indemnified Party or Affected Person hereunder and under the other Transaction Documents have been paid in full and (iv) all accrued Servicing Fees have been paid in full.

  • Payout Date means a date selected by the Corporation, in accordance with and as contemplated by Sections 3.2, 6.1 and 7.1;

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Collection Date The date following the Termination Date on which the Aggregate Unpaids have been reduced to zero and indefeasibly paid in full.

  • the transfer date means 1 September 1989;

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Guarantor Payment Date means (a) prior to the delivery of a Guarantor Default Notice, the date falling on the 10th day of February, May, August and November of each year or, if such day is not a Business Day, the immediately following Business Day, provided that the fist Guarantor Payment Date will be 10 February 2014; and (b) following the delivery of a Guarantor Default Notice, any day on which any payment is required to be made by the Representative of the Covered Bondholders in accordance with the Post-Enforcement Priority of Payments, the relevant Final Terms and the Intercreditor Agreement.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Service Transfer Date means the date of a Service Transfer;

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Remittance Date With respect to each Distribution Date, the 18th day (or if such 18th day is not a Business Day, the first Business Day immediately following) of the month in which such Distribution Date occurs.

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • Step-Out Date means the date that is 20 Business Days after the date of a Step-Out Notice;

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Scheduled Final Payment Date means, with respect to the Storm Recovery Bonds, the date with respect to each tranche when all interest and principal is scheduled to be paid in accordance with the Expected Sinking Fund Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date shall be the last Scheduled Payment Date set forth in the Expected Sinking Fund Schedule. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Storm Recovery Bonds.

  • Transfer Date means, in relation to a transfer, the later of:

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.