Examples of Additional Cut-Off Date in a sentence
After the Closing Date, Additional Issuer Advances will be made during the Revolving Period on each Purchase Date, each in an amount equal to the Present Value of the Purchase Price of such Additional Leased Vehicle calculated as at the relevant Additional Cut-Off Date.
VWFS will account, following 20 November 2013 and following each relevant Additional Cut-Off Date, to the Issuer for all sums received by it from any Obligor under or in respect of the VWFS Receivables and VWFS will hold the same on trust for the Issuer and such amounts will be paid to the Issuer in accordance with the Transaction Documents.
Also VWL warrants as of the Initial Cut-Off Date and as of each Additional Cut-Off Date, respectively that each Purchased Lease Receivable is free of defences (see "DESCRIPTION OF THE PORTFOLIO", "Warranties and Guarantees in relation to the Sale of the Purchased Lease Receivables and Purchased Expectancy Rights").
The Receivables existing in Additional Accounts at the close of business on the related Additional Cut-Off Date and thereafter arising in such Additional Accounts on or prior to the related Addition Date, and the related Purchased Assets, shall be sold by Capital One and purchased by Funding on the related Addition Date.
After the Closing Date, Additional Issuer Advances will be made available during the Revolving Period on each Purchase Date, each in an amount equal to the Present Value of the Purchase Price of such Additional Leased Vehicle calculated as at the relevant Additional Cut-Off Date.