Additional Receivables definition

Additional Receivables. As defined in Section 2(a).
Additional Receivables. Any retail instalment sale contract or direct purchase money loan for a Financed Vehicle that is included in the Schedule of Additional Receivables attached to a First Step Additional Receivables Assignment and all rights and obligations thereunder.

Examples of Additional Receivables in a sentence

  • The Indenture Trustee or Note Paying Agent is directed to withdraw from the Acquisition Account on the Acquisition Date the Current Additional Receivables Cash Transfer Amount set forth in the immediately preceding paragraph and deliver that amount to the Depositor who shall deliver $[_________] to the Master Trust and $[_______] to the applicable Originators.

  • This First Step Additional Receivables Assignment is made pursuant to and upon the representations, warranties and agreements on the part of the undersigned contained in the Pooling and Servicing Agreement and is to be governed by the Pooling and Servicing Agreement.

  • In consideration for the Additional Purchased Property, XXXX shall, on each related Subsequent Closing Date, pay to the Seller an amount equal to the Aggregate Additional Receivables Principal Balance in respect of the Additional Receivables sold on such date and the Seller shall execute and deliver to XXXX an assignment in the form attached hereto as Exhibit A (the “First Step Additional Receivables Assignment”).

  • A portion of the Aggregate Additional Receivables Principal Balance shall be paid to the Seller in immediately available funds and the balance of such purchase shall be paid through one or both of (a) an increase in the amount owing from XXXX to Seller under the Intercompany Advance Agreement (as a result of an advance made thereunder from Seller to XXXX) and (b) an increase in Seller’s capital account in XXXX (as a result of a deemed capital contribution from Seller to XXXX).

  • The representations and warranties are made as of the Closing Date (for the Initial Receivables) and as of each Acquisition Date (for the related Additional Receivables) and will survive the transfer and absolute assignment of the Depositor Transferred Property by the Depositor to the Issuer under this Agreement and the pledge of the Depositor Transferred Property by the Issuer to the Indenture Trustee under the Indenture.


More Definitions of Additional Receivables

Additional Receivables means those Receivables, including any Replacement Receivables, designated by the Transferor after the Original Closing Date as Additional Receivables to be sold under this Agreement pursuant to Section 2.1(c), in each case identified on the related Daily Receivables File and the related updated Receivables Schedule.
Additional Receivables means, with respect to any Seller, all Receivables of such Seller arising after the close of such Seller's business on the Initial Cut-Off Date (in the case of each of the Original Sellers) or the applicable New Seller Cut-Off Date (in the case of any New Seller) through and including such Seller's Sale Termination Date.
Additional Receivables means those Receivables described on Schedule 2 that Buyer has agreed to purchase notwithstanding that such Receivables are not Eligible Receivables.
Additional Receivables has the meaning specified in subsection 2.06(a).
Additional Receivables means all Receivables sold by the Seller to the Trust after the Closing Date and during the Funding Period, if any, which shall be listed on Schedule A to the related assignment, delivered pursuant to the Agreement.
Additional Receivables means Receivables that are added to the coverage of this Agreement on one or more Additional Receivables Coverage Dates.
Additional Receivables means those Receivables described on S chedule 2 that Buyer has agreed to purchase notwithstanding that such Receivables are not Eligible Receivables.