Examples of Specified Receivable in a sentence
The Obligor on each Specified Receivable must at the closing of the Specified Receivable be the owner of a Vacation Ownership Interest other than the Vacation Ownership Interest secur ing such Specified Receivable.
The Buyers shall, subject to the Sellers and the Beneficial Owners providing reasonable assistance in connection therewith, use commercially reasonable efforts to cause the applicable Euro Companies to collect the Specified Receivable and any Specified European Fees to the extent not paid prior to the Closing Date.
As discussed above, the Buyer’s obligation to assume up to $139 million of 503(b)(9) Claims may be reduced, inter alia, by a Prepaid Inventory Shortfall Amount, a Specified Receivable Shortfall Amount, or Warranty Receivables Shortfall Amount.
On or before each Reporting Date, the Servicer shall include in each Information Package delivered to Agent and each Purchaser Agent, each of (i) a listing of all Specified Obligors as of the Cut-Off Date for the related Settlement Period, (ii) the Specified Amount with respect to each Specified Obligor as of the Cut-Off Date for the related Settlement Period and (iii) a listing of each Specified Receivable as of the Cut-Off Date for the related Settlement Period.