Common use of Repurchase Events Clause in Contracts

Repurchase Events. (a) The Seller hereby covenants and agrees with the Depositor for the benefit of the Depositor, the Indenture Trustee, the Noteholders, the Owner Trustee and the Certificateholder that the occurrence of a breach of any of the Seller's representations and warranties contained in Section 3.02(b) (other than the representation and warranty contained in Section 3.02(b)(xxv)) in respect of a Receivable shall constitute an event obligating the Seller to repurchase such Receivable (each, a "Repurchase Event"), at the Purchase Amount from the Depositor or from the Issuing Entity.

Appears in 7 contracts

Samples: Purchase Agreement (Caterpillar Financial Funding Corp), Purchase Agreement (Caterpillar Financial Asset Trust 2006-A), Purchase Agreement (Caterpillar Financial Funding Corp)

AutoNDA by SimpleDocs

Repurchase Events. (a) The Seller hereby covenants and agrees with the Depositor Purchaser for the benefit of the DepositorPurchaser, the Indenture Trustee, the Noteholders, the Owner Trustee and the Certificateholder that the occurrence of a breach of any of the Seller's representations and warranties contained in Section 3.02(b) (other than the representation and warranty contained in Section 3.02(b)(xxv)) in respect of a Receivable shall constitute an event obligating the Seller to repurchase such Receivable (each, a "Repurchase EventEvents"), at the Purchase Amount from the Depositor Purchaser or from the Issuing EntityTrust.

Appears in 3 contracts

Samples: Purchase Agreement (Caterpillar Financial Funding Corp), Purchase Agreement (Caterpillar Financial Funding Corp), Purchase Agreement (Caterpillar Financial Funding Corp)

Repurchase Events. (a) The Seller hereby covenants and agrees with the Depositor Purchaser for the benefit of the DepositorPurchaser, the Indenture Trustee, the Noteholders, the Owner Trustee and the Certificateholder that the occurrence of a breach of any of the Seller's representations and warranties contained in Section 3.02(b) (other than the representation and warranty contained in Section 3.02(b)(xxv)) in respect of a Receivable shall constitute an event obligating the Seller to repurchase such Receivable (each, a "Repurchase Event"), at the Purchase Amount from the Depositor Purchaser or from the Issuing EntityTrust.

Appears in 1 contract

Samples: Purchase Agreement (Caterpillar Financial Asset Trust 2004-A)

Repurchase Events. (a) The Seller hereby covenants and agrees with the Depositor Purchaser for the benefit of the DepositorPurchaser, the Indenture Trustee, the Noteholders, the Owner Trustee and the Certificateholder Certificateholders that the occurrence of a breach of any of the Seller's representations and warranties contained in Section 3.02(bSECTION 3.02(B) (other than the representation and warranty contained in Section 3.02(b)(xxv3.02(B)(XXV)) in respect of a Receivable shall constitute an event obligating the Seller to repurchase such Receivable (each, a "Repurchase EventEvents"), at the Purchase Amount from the Depositor Purchaser or from the Issuing EntityTrust.

Appears in 1 contract

Samples: Purchase Agreement (Caterpillar Financial Funding Corp)

Repurchase Events. (a) The Seller hereby covenants and agrees with the Depositor Purchaser for the benefit of the DepositorPurchaser, the Indenture Trustee, the Noteholders, the Owner Trustee and the Certificateholder that the occurrence of a breach of any of the Seller's representations and warranties contained in Section 3.02(bSECTION 3.02(B) (other than the representation and warranty contained in Section 3.02(b)(xxv3.02(B)(XXV)) in respect of a Receivable shall constitute an event obligating the Seller to repurchase such Receivable (each, a "Repurchase EventEvents"), at the Purchase Amount from the Depositor Purchaser or from the Issuing EntityTrust.

Appears in 1 contract

Samples: Purchase Agreement (Caterpillar Financial Funding Corp)

AutoNDA by SimpleDocs

Repurchase Events. (a) The Seller hereby covenants and agrees with the Depositor Purchaser for the benefit of the DepositorPurchaser, the Indenture Trustee, the Noteholders, the Owner Trustee and the Certificateholder Certificateholders that the occurrence of a breach of any of the Seller's representations and warranties contained in Section 3.02(bSECTION 3.02(B) (other than the representation and warranty contained in Section 3.02(b)(xxvSECTION 3.02(B)(XXV)) in respect of a Receivable shall constitute an event obligating the Seller to repurchase such Receivable (each, a "Repurchase EventEvents"), at the Purchase Amount from the Depositor Purchaser or from the Issuing EntityTrust.

Appears in 1 contract

Samples: Purchase Agreement (Caterpillar Financial Funding Corp)

Repurchase Events. (a) The Seller hereby covenants and agrees with the Depositor Purchaser for the benefit of the DepositorPurchaser, the Indenture Trustee, the Noteholders, the Owner Trustee and the Certificateholder that the occurrence of a breach of any of the Seller's ’s representations and warranties contained in Section 3.02(b) (other than the representation and warranty contained in Section 3.02(b)(xxv)) in respect of a Receivable shall constitute an event obligating the Seller to repurchase such Receivable (each, a "Repurchase Event"), at the Purchase Amount from the Depositor Purchaser or from the Issuing EntityTrust.

Appears in 1 contract

Samples: Purchase Agreement (Caterpillar Financial Asset Trust 2005-A)

Time is Money Join Law Insider Premium to draft better contracts faster.