Payment Date Advance Reimbursement definition

Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.
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Payment Date Advance Reimbursement has the meaning set forth in the Servicing Supplement.
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Payment Date Advance Reimbursement has the meaning set forth in Section 2.4(b)(i).
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Examples of Payment Date Advance Reimbursement in a sentence

  • If the Servicer has not sold a 2022-1 Vehicle within 90 days after it has made a Sales Proceeds Advance, it shall be reimbursed for such Sales Proceeds Advance as part of the Payment Date Advance Reimbursement in accordance with Section 2.4(b)(i).

  • If the Servicer has not sold a 2016-1 Vehicle within 90 days after it has made a Sales Proceeds Advance, it shall be reimbursed for such Sales Proceeds Advance as part of the Payment Date Advance Reimbursement in accordance with Section 2.4(b)(i).

  • If the Servicer has not sold a 2024-1 Vehicle within 90 days after it has made a Sales Proceeds Advance, it shall be reimbursed for such Sales Proceeds Advance as part of the Payment Date Advance Reimbursement in accordance with Section 2.4(b)(i).

  • Based on the Priority of Payments and the defined terms referred to therein (e.g., Payment Date Advance Reimbursement), we believe you intend the phrase following payment of servicing advances to mean that these fees will paid following reimbursement of outstanding servicing advances.

  • Collections and Payment Date Advance Reimbursement............................................

  • Collections and Payment Date Advance Reimbursement................................


More Definitions of Payment Date Advance Reimbursement

Payment Date Advance Reimbursement means, with respect to any Payment Date, an amount equal to the sum of all outstanding Advances made by the Servicer prior to such Payment Date.
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Payment Date Advance Reimbursement has the meaning set forth in Section 11.04(a)(v)(B).
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Payment Date Advance Reimbursement has the meaning set forth in the Administration Agreement.
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Related to Payment Date Advance Reimbursement

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Disbursement Date is defined in Section 2.6.2.

  • L/C Disbursement means a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit.

  • Delinquency Advance As defined in Section 8.09(a) hereof.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.