Additional Purchase Date definition

Additional Purchase Date means a Payment Date falling in the Revolving Period, when an additional purchase is made pursuant to clause 2 (Agreement for sale and purchase) of the Receivables Purchase Agreement.

Additional Purchase Date means any Trading Day on which the Investor notifies the Company by delivery of an Investor Notice of the Investor's election to purchase all or a portion of an Additional Amount.

Additional Purchase Date means, with respect to any Additional Purchase made hereunder, the same Business Day following the receipt by the Buyer of a valid Additional Purchase Notice that the Buyer is to buy Purchase Shares pursuant to Section 1(c) hereof, provided such valid Additional Purchase Notice is delivered no later than 9:00 a.m. Eastern Time on such Business Day. If delivered later than 9:00 a.m. Eastern Time, the Additional Purchase Date will be the next Business Day, unless waived by Buyer, in its sole discretion.

Examples of Additional Purchase Date in a sentence

• The Seller will account, following the Closing Date and following each relevant Additional Purchase Date, to the Issuer for all sums received by it from any Obligor or other party under or in respect of the Receivables and the related Ancillary Rights and the Seller will hold the same on trust for the Issuer and such amounts will be paid to the Issuer in accordance with the Transaction Documents.

• On each Additional Purchase Date following the Original Closing Date, the Issuer has acquired from VWFS Australia Additional Receivables.

• The Additional Receivables Purchase Price shall be free of VAT and shall be debited at the Additional Purchase Date from the Accumulation Account (if not already netted) and/or funded from the issuance of Further Notes.

• On each Additional Purchase Date on or after the Closing Date, VWFS may sell to the Issuer and the Issuer may purchase from VWFS all rights, title and interest of VWFS to the Additional Receivables specified by VWFS in the relevant Notice of Sale.

• Purchase of Additional ReceivablesThe Receivables Purchase Agreement provides that the Issuer will, during the Revolving Period, on any Payment Date (each an "Additional Purchase Date") apply the amount standing to the credit of the Accumulation Account, any proceeds obtained by the Issuer from the issue of Further Notes and any Subordinated Loan Increase Amounts to purchase from VWFS any Additional Receivables if and to the extent offered by VWFS subject to the fulfilment of certain conditions.

More Definitions of Additional Purchase Date

Additional Purchase Date means (a) with respect to New Accounts, the date on which any such Accounts are designated as New Accounts pursuant to subsection 2.9(c) of the Receivables Purchase Agreement, (b) with respect to Lump Sale Accounts, the date on which any such Lump Sale Accounts are to be included as Accounts, and (c) with respect to Participation Interests, the date on which such Participation Interests are to be included as part of the Purchased Assets pursuant to subsection 2.9(a) of the Receivables Purchase Agreement;

Additional Purchase Date means each Business Day during the Acquisition Period (other than the Closing Date).

Additional Purchase Date means each Fund Distribution Date falling within the Revolving Period on which the Fund makes an Additional Purchase;

Additional Purchase Date means each Settlement Date during the Revolving Period excluding the Initial Purchase Date on which a Purchase Contract is concluded.

Additional Purchase Date has the meaning ascribed to it in Section 1.5.

Additional Purchase Date means a Payment Date falling in the Revolving Period, as applicable, when a purchase of Additional Receivables is made.

Additional Purchase Date means each Interest Payment Date falling within the Revolving Period on which the Issuer purchases Additional Consumer Loans;