Subsequent NH Receivables definition

Subsequent NH Receivables means the Receivables transferred to CNHCR pursuant to Section 2.2 of the NH Purchase Agreement, which shall be listed on Schedule A to the related NH Subsequent Transfer Assignment.
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Subsequent NH Receivables means the Receivables transferred to CNHCR pursuant to SECTION 2.2 of the NH Purchase Agreement, which shall be listed on SCHEDULE A to the related NH Subsequent Transfer Assignment.
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Subsequent NH Receivables means the NH Receivables transferred to Case Credit pursuant to Section 2.2 of the Sale Agreement, which shall be listed on Schedule A to the related First-Tier NH Subsequent Transfer Assignment.
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Examples of Subsequent NH Receivables in a sentence

  • Notwithstanding anything to the contrary in the Basic Documents, none of the Initial NH Receivables or the Subsequent NH Receivables shall be Leases.

  • The foregoing sale does not constitute and is not intended to result in any assumption by CNHCR of any obligation (other than the covenant of quiet enjoyment benefiting the Obligors under any Contracts that are Leases) of NH Credit to the Obligors, insurers or any other person in connection with such Subsequent NH Receivables, Receivable Files, any insurance policies or any agreement or instrument relating to any of them.

  • As consideration for the conveyance of Subsequent NH Receivables pursuant to Section 2.2, CNHCR shall pay or cause to be paid to NH Credit on each Subsequent Transfer Date an amount (a "Subsequent NH Purchase Price") equal to the aggregate Contract Value of the Subsequent NH Receivables as of the related Subsequent Cutoff Date, plus any premium or minus any discount agreed upon by NH Credit and CNHCR.

  • Each Lease included in the Initial NH Receivables or the Subsequent NH Receivables has a Termination Value less than or equal to 10% of the purchase price of the equipment subject to such Lease and is a "lease intended as security" (rather than a true lease) within the meaning of Section 1-201(37) of the UCC.

  • The parties to this Agreement intend that the transactions contemplated hereby shall be, and shall be treated as, a purchase by CNHCR and a sale by NH Credit of the NH Purchased Contracts and the Subsequent NH Receivables and any True Lease Equipment related to such NH Purchased Contracts or Subsequent NH Receivables, as the case may be, and not as a lending transaction.

  • No Lease included in the Initial NH Receivables or the Subsequent NH Receivables is an Either/or Lease, and no Financed Equipment transferred to CNHCR on the Closing Date or any Subsequent Transfer Date, as the case may be, constitutes True Lease Equipment.

  • As consideration for the conveyance of Subsequent NH Receivables pursuant to Section 2.2, CNHCR shall pay or cause to be paid to NH Credit on each Subsequent Transfer Date an amount (a “Subsequent NH Purchase Price”) equal to the aggregate Contract Value of the Subsequent NH Receivables as of the related Subsequent Cutoff Date, plus any premium or minus any discount agreed upon by NH Credit and CNHCR.

  • Each Lease included in the Initial NH Receivables or the Subsequent NH Receivables has a Termination Value less than or equal to 10% of the purchase price of the equipment subject to such Lease and is a “lease intended as security” (rather than a true lease) within the meaning of Section 1-201(37) of the UCC.

  • NH Credit covenants to transfer to CNHCR, pursuant to Section 2.2, Subsequent NH Receivables with an aggregate Contract Value approximately equal to $[ ] minus the aggregate Contract Value of any Receivables sold to CNHCR by Case Credit pursuant to Section 5.6 of the Case Purchase Agreement, subject only to the availability of such Subsequent NH Receivables.

  • NH Credit covenants to transfer to CNHCR, pursuant to Section 2.2, Subsequent NH Receivables with an aggregate Contract Value approximately equal to $499,968,399.49 minus the aggregate Contract Value of any Receivables sold to CNHCR by Case Credit pursuant to Section 5.6 of the Case Purchase Agreement, subject only to the availability of such Subsequent NH Receivables.

Related to Subsequent NH Receivables

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.

  • Initial Receivables means any Receivable conveyed to the Trust on the Closing Date.

  • 60-Day Delinquent Receivables means, as of any date of determination, all Receivables (other than Repurchased Receivables and Defaulted Receivables) that are sixty (60) or more days delinquent as of such date (or, if such date is not the last day of a Collection Period, as of the last day of the Collection Period immediately preceding such date), as determined in accordance with the Servicer’s Customary Servicing Practices.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Receivables Purchase Facility means any securitization facility made available to the Borrower or any of its Subsidiaries, pursuant to which receivables of the Borrower or any of its Subsidiaries are transferred to one or more SPCs, and thereafter to certain investors, pursuant to the terms and conditions of the Receivables Purchase Documents.

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • Net Receivables Balance means, at any time, the aggregate Outstanding Balance of all Eligible Receivables at such time reduced by the aggregate amount by which the Outstanding Balance of all Eligible Receivables of each Obligor and its Affiliates exceeds the Concentration Limit for such Obligor.

  • Cut-off Date Pool Balance The aggregate Cut-off Date Principal Balance of all the Original Mortgage Loans.

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Subject Receivables has the meaning assigned to such term in the Asset Representations Review Agreement.

  • Receivables Pool means, at any time of determination, all of the then outstanding Receivables transferred (or purported to be transferred) to the Borrower pursuant to the Purchase and Sale Agreement prior to the Termination Date.

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to (a) the aggregate principal balance of all Portfolio Investments acquired by the Company prior to such date minus (b) the aggregate principal balance of all Portfolio Investments repurchased by the Parent or an Affiliate thereof prior to such date.

  • Principal Receivables means all Receivables other than Finance Charge Receivables.

  • Receivables Purchase Price means $1,403,509,094.50.

  • Subsequent Cutoff Date means the date specified in the related Additional Sale Agreement agreed to by the Seller and the Purchaser for the purposes of determining the Principal Balance and accrued interest to be capitalized, as applicable, for purposes of completing each related Loan Transmittal Summary Form.

  • Eligible Receivables means and include with respect to each Borrower, each Receivable of such Borrower arising in the Ordinary Course of Business and which Agent, in its sole credit judgment, shall deem to be an Eligible Receivable, based on such considerations as Agent may from time to time deem appropriate. A Receivable shall not be deemed eligible unless such Receivable is subject to Agent’s first priority perfected security interest and no other Lien (other than Permitted Encumbrances), and is evidenced by an invoice or other documentary evidence satisfactory to Agent. In addition, no Receivable shall be an Eligible Receivable if:

  • Cut-off Date Pool Principal Balance The aggregate Stated Principal Balances of all Mortgage Loans as of the Cut-off Date.

  • Receivables Sale Agreement means that certain Third Amended and Restated Receivables Sale Agreement, dated as of May 18, 2011, between the Originator and the Seller (as amended, restated, supplemented or otherwise modified and in effect from time to time).

  • Ineligible Receivables shall have the meaning specified in subsection 2.05(a).

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Purchased Mortgage Loans means the collective reference to Mortgage Loans together with the Repurchase Assets related to such Mortgage Loans transferred by Seller to Buyer in a Transaction hereunder, listed on the related Mortgage Loan Schedule attached to the related Transaction Request, which such Mortgage Loans the Custodian has been instructed to hold pursuant to the Custodial Agreement.

  • Subsequent Cut-off Date With respect to those Subsequent Mortgage Loans sold to the Trust Fund pursuant to a Subsequent Transfer Instrument, the later of (i) first day of the month in which the related Subsequent Transfer Date occurs or (ii) the date of origination of such Mortgage Loan.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Review Receivables means those certain Receivables identified by the Servicer to the Asset Representations Reviewer following receipt of a Review Notice as not having been paid in full by the Obligor or purchased from the Issuer in accordance with the terms of the Basic Documents at or prior to the date of such Review Notice.

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.