Initial Receivables Purchase Price definition

Initial Receivables Purchase Price means $[ ].

Initial Receivables Purchase Price means $503,529,803.37.

Initial Receivables Purchase Price means the purchase price in respect of Initial Receivables being an amount of GBP 500,002,294.64 as defined in the Receivables Purchase Agreement, less (i) an amount of GBP 11,100,072.28 for overcollateralisation purposes, less (ii) an amount of GBP 4,650,000.00 for the endowment of the Cash Collateral Account and less (iii) certain costs related to the issue of the Initial Notes (Nil).

Examples of Initial Receivables Purchase Price in a sentence

• The total consideration payable by the Issuer to the Seller with respect to the Receivables (together with the related Ancillary Rights) on the Purchase Date shall be an amount equal to the Initial Receivables Purchase Price or the Additional Receivables Purchase Price, as applicable, of the relevant Receivables identified in the Notice of Sale.

• To request accommodations at Sullivan University, the student must submit a Sullivan University Disability Verification Form, completed by an appropriately licensed professional along with any required information and supporting documentation.

• In consideration for the Initial Receivables, the other property described in Section 2.1(a) and delivery of the Yield Supplement Agreement, the Purchaser shall, on or prior to the Closing Date, pay to or upon the order of the Seller the Initial Receivables Purchase Price.

• The remainder of the Initial Receivables Purchase Price shall be paid by crediting the Seller with a contribution to the capital of the Purchaser.

• USE OF PROCEEDS The aggregate gross proceeds from the issue of the Initial Notes and the Subordinated Loan has been used to purchase the Purchased Receivables from VWFS, against payment of the Initial Receivables Purchase Price, and to endow the Cash Collateral Account with GBP 3,400,000 which is equal to the sum of the Initial Cash Collateral Amount.

More Definitions of Initial Receivables Purchase Price

Initial Receivables Purchase Price shall have the meaning specified in Section 2.1(b).

Initial Receivables Purchase Price means, with respect to the Initial Receivables, the fair market value of the Initial Receivables on the Closing Date, as set forth on Schedule A to the Purchase Agreement.

Initial Receivables Purchase Price means the purchase price in respect of Purchased Initial Receivables and is calculated as the sum of the Purchased Initial Receivables discounted by the Discount Rate, less (i) an amount of EUR 4,500,000 for overcollateralisation purposes and less (ii) an amount of EUR 8,496,000 for the endowment of the Cash Collateral Account.

Initial Receivables Purchase Price means $303,017,069.52 (the Principal Balance of the Initial Receivables as of the Initial Cutoff Date).

Initial Receivables Purchase Price means $353,430,486. "Officer's Certificate" shall mean, for purposes of this Agreement, a certificate signed by the chairman, the president, any executive vice president, vice president or the treasurer of the Seller, and delivered to the Purchaser. "Prospectus" shall have the meaning assigned to such term in the Underwriting Agreement. "Purchaser" shall mean MMCA Auto Receivables, Inc., a Delaware corporation, and its successors and assigns. "Receivable" shall mean, for purposes of this Agreement, any Initial Receivable or Subsequent Receivable, as the context may require. "Relevant UCC" shall mean the Uniform Commercial Code, as in effect from time to time in the relevant jurisdictions. "Repurchase Event" shall have the meaning specified in Section 6.2. "Sale and Servicing Agreement" shall mean the Sale and Servicing Agreement, dated as of January 1, 1999, among Mitsubishi Motors Credit of America, Inc., as servicer, the Purchaser, as seller, and the Trust, as purchaser, as the same may from time to time be amended, supplemented or otherwise modified and in effect. "Schedule of Initial Receivables" shall mean, for purposes of this Agreement, the list of Initial Receivables (which list may be in the form of microfiche or compact disk) annexed hereto as Exhibit B. "Schedule of Receivables" shall mean, for purposes of this Agreement, the Schedule of Initial Receivables or any Schedule of Subsequent Receivables, as the context may require. "Schedule of Subsequent Receivables" shall mean, for purposes of this Agreement, any list of Subsequent Receivables (which list may be in the form of microfiche or compact disk) attached as Schedule A to the related First-Tier Subsequent Assignment. "Seller" shall mean Mitsubishi Motors Credit of America, Inc., a Delaware corporation, and its successors and assigns. "Subsequent Cutoff Date", with respect to any Subsequent Receivable, shall have the meaning specified in the related First-Tier Subsequent Assignment. "Subsequent Receivable" shall mean, for purposes of this Agreement, each motor vehicle retail installment sale contract described in a Schedule of Subsequent Receivables attached as Schedule A to a First-Tier Subsequent Assignment and all rights and obligations thereunder and any amendments, modifications or supplements to such motor vehicle retail installment sale contract. "Subsequent Receivables Purchase Price" shall have the meaning specified in Section 2.2(a). "Subsequent Transfer Date" shall mean, with resp...

Initial Receivables Purchase Price shall be GBP 332,893,364.72 (equal to the Aggregate Discounted Receivables Balance of the Purchased Receivables as of the Initial Cut-Off Date less (i) an amount of GBP 13,720,000 for overcollateralisation purposes and less (ii) the Initial Cash Collateral Amount).

Initial Receivables Purchase Price means approximately $381,692,856 (the Principal Balance of the Initial Receivables as of the Initial Cutoff Date).