Examples of Purchased Receivables in a sentence
The MPR indicates the monthly principal repayments on the portfolio of Purchased Receivables in a given month expressed as a percentage of the portfolio of Purchased Receivables outstanding at the beginning of that particular month.
The Purchased Receivables consist in any outstanding Receivables that have been purchased by the FCT from the Seller on the Closing Date and on any subsequent Purchase Date and which have not been reassigned to the Seller.
The MPR, when applied monthly on the outstanding portfolio of the Purchased Receivables balance, allows to calculate the monthly principal repayments.
Description The Pool comprises the Purchased Receivables and Ancillary Rights and Related Security attached thereto assigned to the FCT from time to time.
The model does not purport to be either an historical description of the prepayment experience, default experience or recovery experience of any pool of loans nor a prediction of the expected rate of prepayment or of default or of recovery of any portfolio, including the portfolio of Purchased Receivables.