Purchase Termination Date definition

Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

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Purchase Termination Date means, for each Class B Purchaser, the earliest to occur of (i) the Commitment Termination Date for such Purchaser or, with respect to a Class B Purchaser which is a CP Conduit, the first date on which Commitment Termination Dates for all its Committed Purchasers have occurred, (ii) the date of any termination of the Total Commitment, in whole, by the Issuer pursuant to Section 2.2 and (iii) the effective date on which the Commitments are terminated or deemed terminated pursuant to Section 2.8.

Purchase Termination Date means the earlier of (i) August 29, 2023, (ii) the occurrence of an Event of Default and (iii) sixty (60) days following the date of receipt by each of the other parties to this Agreement of a written notice of termination provided by Seller.

Examples of Purchase Termination Date in a sentence

• From the date hereof until the first day following the Purchase Termination Date on which the Obligations are paid in full, unless Buyer and each Third Party Financier shall otherwise give its prior written consent, the Seller hereby agrees that it will perform the covenants and agreements set forth in this section.

• Therefore, from and after the date hereof until the first day following the Purchase Termination Date on which all Obligations shall have been fully paid and performed, the Seller will take all necessary steps to continue its identity as a separate legal entity and to make it apparent to third Persons that the Seller is an entity with assets and liabilities distinct from those of Buyer and that Buyer is not a division of the Seller or ALS.

• The representations and warranties set forth in this Agreement shall survive the transfer of the Specified Assets to the Buyer, the contribution of the Specified Assets by the Buyer to the Issuer and the further pledge by the Issuer to the Indenture Trustee and shall continue in full force and effect until the first day following the Purchase Termination Date on which the Obligations are paid in full.

• This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until the first date following the Purchase Termination Date on which the Obligations payable to all Third Party Financiers shall have been fully paid, or such later time as the parties hereto shall agree.

More Definitions of Purchase Termination Date

Purchase Termination Date is defined in Section 7.1.

Purchase Termination Date means the earlier to occur of (a) the date specified by Seller pursuant to Section 7.1 of this Agreement and (b) the date on which any event referred to in Section 7.2 of this Agreement initially occurs.

Purchase Termination Date is defined in Section 7.1 of the First Tier Agreement.

Purchase Termination Date shall have the meaning specified in Section 8.01 of the Receivables Purchase Agreement.

Purchase Termination Date means that day

Purchase Termination Date means the earliest to occur of (i) the date upon which the ability of the Seller to permit Purchases hereunder has been terminated (and cannot be reinstated) pursuant to Section 2.01(c) and (ii) the Purchase Commitment Termination Date.

Purchase Termination Date has the meaning set forth in Section 1.06.