Optional Purchase definition
Optional Purchase has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.
Optional Purchase shall have the meaning assigned to such term in Section 9.01(a).
Optional Purchase has the meaning set forth in Section 9.2(a).
Examples of Optional Purchase in a sentence
The Seller shall be permitted to pay the Optional Purchase Price pursuant to this Section 3.18, net of amounts to be distributed to the Seller or its Affiliates on the related Redemption Date, and accounts between the Seller and such Affiliates shall be adjusted accordingly.
If the Seller exercises the Optional Purchase, the Notes shall be redeemed and in each case in whole but not in part on the related Payment Date for the Redemption Price.
More Definitions of Optional Purchase
Optional Purchase has the meaning set forth in Section 9.03 of the Trust Agreement.
Optional Purchase means the exercise by the Servicer of its option to purchase all remaining Receivables from the Issuer on any Payment Date following the last day of a Collection Period as of which the Pool Balance is 5% or less of the Cutoff Date Pool Balance.
Optional Purchase or “Optional Purchase Price” have the respective meanings set forth in Section 2.19.
Optional Purchase has the meaning set forth in Section 2.19 of the Servicing Agreement.
Optional Purchase means the optional purchase of the Trust Property as set forth in Section 10.01(a) hereof.
Optional Purchase has the meaning set forth in Section 4.1 of the Receivables Contribution Agreement.
Optional Purchase shall have the meaning specified in Section 2.09(a) of this Agreement.