Seller Repurchase Assets definition

Seller Repurchase Assets has the meaning assigned thereto in Section 8.a(1) hereof.
Sample 1Sample 2Sample 3
Seller Repurchase Assets shall have the meaning set forth in Section 6(a) hereof.
Sample 1Sample 2Sample 3

Examples of Seller Repurchase Assets in a sentence

  • With respect to the Seller Repurchase Assets, this Agreement shall be deemed to be a security agreement for purposes of the Uniform Commercial Code of any applicable jurisdiction.

  • As of the date of each Crop Loan Advance, the Contributed Crop Loan is secured by a validly perfected security interest in the related Seller Repurchase Assets in favor of a Seller Party, as secured party, or all necessary actions have been commenced that would result in a first priority perfected security interest in such related underlying collateral in favor of a Seller Party, as secured party, and is prior to all other Liens (other than Permitted Liens).

Related to Seller Repurchase Assets

  • Repurchase Assets has the meaning assigned thereto in Section 8 hereof.

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

  • Repurchased Loan has the meaning set forth in Section 2.3(a).

  • Purchased Loan A motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by CAC or a subsidiary from such Dealer and evidenced by a motor vehicle retail installment sales contract.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

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

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

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

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

  • Receivables Purchase Price means $1,591,275,988.02.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to the sum of (i) the Aggregate Principal Balance of all Collateral Obligations sold and/or contributed to the Buyer by the Seller (directly or indirectly) hereunder prior to such date plus (ii) the Aggregate Principal Balance of all Collateral Obligations acquired by the Buyer other than from the Seller prior to such date, in each case calculated as of the date of the Buyer’s acquisition thereof.

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Purchased Asset Documents means, with respect to a Purchased Asset, the documents comprising the Purchased Asset File for such Purchased Asset.

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Subject Assets is defined in Section 2.2(c).

  • Seller’s Share of any amount means the greater of: (a) $0 and (b) such amount minus the product of (i) such amount multiplied by (ii) the Purchased Interest.