Warranty Purchaser definition

Warranty Purchaser. The Person described in Section 2.04 of the Trust Sale Agreement.

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Warranty Purchaser. Either (i) the Seller pursuant to Section 2.06 of the Pooling Agreement or (ii) NFC pursuant to Section 5.04 of the Purchase Agreement.

Warranty Purchaser. The Person described in Section 2.04(a) of the Trust Sale Agreement. Warranty Receivable: A Receivable that the Warranty Purchaser has become obligated to repurchase or substitute pursuant to Section 2.04 of the Trust Sale Agreement.

Examples of Warranty Purchaser in a sentence

The repurchase price to be paid by any Warranty Purchaser shall be an amount equal to the Warranty Payment.
It is understood and agreed that the obligation of the Warranty Purchaser to repurchase any Receivable as to which a breach has occurred and is continuing shall, if such repurchase obligations are fulfilled, constitute the sole remedy against the Seller, the Servicer or NFC for such breach available to any Interested Party.
The Servicer and the Warranty Purchaser shall deposit in the Collection Account the aggregate Administrative Purchase Payments and Warranty Payments with respect to Administrative Receivables and Warranty Receivables, respectively.
The Administrator or the Warranty Purchaser, as applicable, shall thereupon own such Secured Note, and all such security and documents, free of any further obligations to the AART Indenture Trustee, the AART Owner Trustee, the Noteholders or the Certificateholders with respect thereto.
The repurchase price to be paid by any Warranty Purchaser shall be an amount equal to the Warranty Payment and shall be deposited by the Warranty Purchaser into the Collection Account on the Transfer Date for the related Distribution Date.
Upon the assignment of such Receivable described in the preceding sentence, the Servicer or the Warranty Purchaser, as applicable, shall own such Receivable, and all such security and documents, free of any further obligations to either Trustee or the Securityholders with respect thereto.
Except as otherwise provided in this Limited Warranty, Purchaser assumes the risk of damage occurring in the Unit after Closing.
Upon repurchase and payment of such Warranty Payment, the Warranty Purchaser shall be entitled to receive the Released Warranty Amount, if any.
Except as otherwise provided in the Limited Warranty, Purchaser assumes the risk of damage occurring in the Residence after Closing.
It is understood and agreed that the obligation of the Warranty Purchaser to repurchase any Receivable as to which a breach has occurred and is continuing shall, if such repurchase obligations are fulfilled, constitute the sole remedy against the Seller, the Servicer, NFC or Harco Leasing for such breach available to any Interested Party.

More Definitions of Warranty Purchaser

Warranty Purchaser means either (i) the Seller pursuant to Section 7.1(i) of this Agreement or (ii) NFC pursuant to Section 5.04 of the Sale Agreement.

Warranty Purchaser. Either (i) the Transferor or Originator pursuant to Section 2.12 of the Pooling and Servicing Agreement or (ii) ALS pursuant to Section 2.12 of the Purchase Agreement.

Warranty Purchaser. Either (i) the Seller pursuant to Section 2.06 of the Pooling Agreement or (ii) NFC pursuant to Section 5.04 of the Purchase Agreement. Warranty Receivable: A Receivable which the Warranty Purchaser has become obligated to repurchase pursuant to Section 2.06 of the Pooling Agreement or Section 5.04 of the Purchase Agreement.

Warranty Purchaser. NFC pursuant to Section 5.03 of the Note Sale Agreement.

Warranty Purchaser means either (i) the Transferor pursuant to Section 3.3 of this Agreement or (ii) NFC pursuant to Section 5.04 of the Purchase Agreement.