Forward Flow Agreements definition
Forward Flow Agreements means: (a) that certain Account Purchase and Sale Agreement, dated December 20, 2012, by and among certain of the Sellers and Fortis Capital IV, LLC, as amended; (b) that certain Account Purchase and Sale Agreement, dated December 21, 2012, by and among certain of the Sellers and Atlantic Credit & Finance Special Finance Unit III, LLC, as amended; (c) that certain Purchase and Sale Agreement, dated as of December 17, 2012, by and among certain of the Sellers and Absolute Resolutions Corp., as amended; and (d) the PRA Agreement.
Forward Flow Agreements means each of (a) that certain Loan Purchase Agreement dated as of August 3, 2023 between the Seller, as seller, and Dawning Harbor Trust, a Delaware statutory trust, as purchaser, and (b) that certain Loan Purchase Agreement dated as of June 16, 2023 among the Seller, as seller, NTSF (I-A) LLC, as purchaser agent, and NBSF III Holdings A LP, a Delaware limited partnership, and NBSF Redwood Holdings A LP, a Delaware limited partnership, each as initial purchasers, in each case as amended, supplemented or otherwise modified from time to time.
Forward Flow Agreements means: (a) that certain Account Purchase and Sale Agreement, dated December 20, 2012, by and among certain of the Sellers and Fortis Capital IV, LLC, as amended; (b) that certain Account Purchase and Sale Agreement, dated December 21, 2012, by and among certain of the Sellers and Atlantic Credit & Finance Special Finance Unit III, LLC, as amended; (c) that certain Purchase and Sale Agreement, dated as of December 17, 2012, by and among certain of the Sellers and Absolute Resolutions Corp., as amended; and (d) the Purchase and Servicing Agreement for Forward Flow Accounts, dated February 12, 2009, as amended, by and among HSBC Consumer Lending (USA) Inc., Portfolio Recovery Associates, LLC and PRA Receivables Management, LLC, as amended.
Examples of Forward Flow Agreements in a sentence
Neither of the Forward Flow Agreements contains any obligation of the Seller to repurchase Loans and Related Rights sold thereunder other than repurchase obligations for breaches of certain representations and warranties with respect to the Loans and Related Rights sold thereunder.
For the purposes of calculating "total cost" in the preceding sentence, all purchases under Forward Flow Agreements will be aggregated as if the total credit obligations purchased thereunder represent a single portfolio.