Examples of Lease Receivable in a sentence
Any such breach or failure will be deemed not to have a material and adverse effect if such breach or failure does not affect the ability of the Purchaser to receive and retain timely payment in full on any related Lease Receivable.
Also VWL warrants as of the Cut-Off Date that each Purchased Lease Receivable is free of defences (see "DESCRIPTION OF THE PORTFOLIO", "Warranties and Guarantees in relation to the Sale of the Purchased Lease Receivables").
Also VWL warrants as of the Cut- Off Date that each Purchased Lease Receivable is free of defences (see "DESCRIPTION OF THE PORTFOLIO", "Warranties and Guarantees in relation to the Sale of the Purchased Lease Receivables").
This risk, however, will be mitigated by contractual representations and warranties and the contractual obligation of VWL to pay to the Issuer a Settlement Amount in respect of any Lease Receivable affected by such breach.
Also VWL warrants as of the Cut-Off Date that each Purchased Lease Receivable is free of defences (see "DESCRIPTION OF THE PORTFOLIO" and "Warranties and Guarantees in relation to the Sale of the Purchased Lease Receivables").