Warranty Purchase Amount definition

Warranty Purchase Amount. This term shall have the meaning set forth in the Contribution and Sale Agreement.

Warranty Purchase Amount. With respect to any Managed Container, an amount equal to the excess of (i) the Net Book Value of such Managed Container on the date which the Issuer acquired such Container from the Seller pursuant to the Contribution and Sale Agreement, less (ii) the aggregate amount of Net Operating Income received by the Issuer with respect to such Managed Container since the date on which the Issuer acquired such Managed Container.

Warranty Purchase Amount. With respect to any Container, the Purchase Price allocable to such Container. Capitalized terms used in this Purchase Agreement and not otherwise defined shall have the meanings set forth in the Loan Agreement.

Examples of Warranty Purchase Amount in a sentence

• To exercise such option, the Sponsor shall notify the Administrator, the Depositor, the Issuer and the Indenture Trustee thereof in advance in writing, and the Sponsor shall deposit into the Collection Account an amount equal to the Warranty Purchase Amount for the Receivables so purchased.

• The Seller shall deposit the Warranty Purchase Amount for each Transferred Container to be repurchased in the Trust Account prior to 10:00 a.m. on the second Business Day prior to the Payment Date following the expiration of such 30-day period.

• The excess of such Warranty Purchase Amount over the cash portion of such Warranty Purchase Amount paid by the Seller to the Issuer shall constitute a dividend from the Issuer to the Seller.

• None of the channels currently used to reach potential service users addressed adolescents as a group with specific needs for psychosocial support or mental health services.For their part, most service users/beneficiaries reported getting information about available services from relatives, friends and neighbours.

• If an employee does not work the same number of hours each day of the week, the computations for holiday pay shall be based upon the average daily hours per week.

More Definitions of Warranty Purchase Amount

Warranty Purchase Amount. With respect to any Transferred Container to be repurchased by the Seller pursuant to the terms of this Agreement, an amount equal to the excess of (x) the Net Book Value (or, if applicable, the Finance Lease Balance) of such Transferred Container on the related Transfer Date over (y) all rental and other payments received by the Indenture Trustee, on behalf of the Noteholders, with respect to such Transferred Container and the Transferred Assets since the related Transfer Date.

Warranty Purchase Amount. As defined in the Contribution and Sale Agreement or the “Reconveyance Price” in the applicable Container Transfer Agreement, as context may require.

Warranty Purchase Amount. With respect to any Container, (i) the “Warranty Purchase Amount” (as defined in each Container Sale Agreement) or (ii) the sum of the “Agreed Values” (as defined in each Container Transfer Agreement) of “Non-Conforming Assets” (as defined in each Container Transfer Agreement) owned by the Issuer, as applicable.

Warranty Purchase Amount shall have the meaning set forth in Section 1.1 of the Purchase Agreement. Other capitalized terms used herein and not otherwise defined shall have the meaning set forth in the Loan Agreement or, if not defined therein, as defined in the Security Agreement.

Warranty Purchase Amount means, for each Lease Contract required to be repurchased by Seller pursuant to Section 7.01 of the Purchase Agreement, the amount required to be paid by Seller for such Lease Contract pursuant to such Section 7.01.

Warranty Purchase Amount. With respect to any Engine and Related Assets, or Beneficial Interest in an Owner Trust that owns such Engine and Related Assets, repurchased from the Issuer by the Seller pursuant to Section 2.02(b) hereof, the sum of the Net Purchase Price of such Engine and the net book value of the Related Assets, in each case on the Transfer Date on which such Engine and Related Assets were transferred by the Seller to the Issuer.

Warranty Purchase Amount. With respect to any Managed Container, an amount equal to the Net Book Value of such Managed Container on the date of repurchase by the Seller from the Borrower pursuant to the Contribution and Sale Agreement. “Weighted Average Age”: For any date of determination, an amount equal to (i) the sum of the products, for each Managed Container, of (A) the age in years of such Managed Container and (B) the Net Book Value of such Managed Container, divided by (ii) the Aggregate Net Book Value. 39