Reacquisition Date definition
Examples of Reacquisition Date in a sentence
Notices of reacquisition shall be given by electronic transmission and by first class mail, postage prepaid, mailed not less than fifteen (15) days prior to the Reacquisition Date, to the Buyer.
Notice of reacquisition having been given as provided in Section 11.2 hereof and deposit of the Reacquisition Price with the Buyer having been made as provided in Section 11.4 hereof, the Aggregate Sale Date Loan Pool being reacquired shall on the Reacquisition Date, become due and payable at the Reacquisition Price, and, on such Reacquisition Date, the Aggregate Sale Date Loan Pool shall cease to accrue the Program Fee.
All notices of reacquisition shall state (a) the Reacquisition Date, (b) the Reacquisition Price, (c) that the Aggregate Sale Date Loan Pool is being reacquired, (d) the Timeshare Loans comprising the Aggregate Sale Date Loan Pool and (e) that on the Reacquisition Date, the Reacquisition Price shall become due and payable in respect of the reacquisition of the Aggregate Sale Date Loan Pool, and that the Program Fee shall cease to accrue if payment is made on the Reacquisition Date.
On or before the Business Day immediately preceding the Reacquisition Date, the Servicer shall deposit with the Buyer an amount equal to the Reacquisition Price and any amounts, fees and expenses that are required to be paid hereunder (less any portion of such payment to be made from funds held in any of the Trust Accounts).
The initial Servicer shall have the option to reacquire not less than all of the Timeshare Loans in the Aggregate Sale Date Loan Pool any date after the Optional Reacquisition Date by payment of an amount equal to the Reacquisition Price (unless amounts in the Trust Accounts are sufficient to make such payments).
Notices of reacquisition shall be given by electronic transmission and by first class mail, postage prepaid, mailed not less than for fifteen (15) days prior to the Reacquisition Date, to the Buyer.
The Servicer shall give written notice of its intention to reacquire the Aggregate Sale Date Loan Pool to the Buyer at least fifteen (15) days prior to the Reacquisition Date (unless a shorter period shall be satisfactory to the Buyer).
The initial Servicer shall have the option to reacquire not less than all of the Timeshare Loans in the First Aggregate Sale Date Loan Pool or the Second Aggregate Sale Date Loan Pool any date after the First Optional Reacquisition Date or the Second Optional Reacquisition Date, respectively, by payment of an amount equal to the Reacquisition Price (unless amounts in the Trust Accounts are sufficient to make such payments).
The Servicer shall give written notice of its intention to reacquire the First Aggregate Sale Date Loan Pool, the Second Aggregate Sale Date Loan Pool, the Third Aggregate Sale Date Loan Pool, or the Fourth Aggregate Sale Date Loan Pool, as applicable, to the Buyer at least fifteen (15) days prior to the Reacquisition Date (unless a shorter period shall be satisfactory to the Buyer).
The Servicer shall give written notice of its intention to reacquire the First Aggregate Sale Date Loan Pool or the Second Aggregate Sale Date Loan Pool or the Third Aggregate Sale Date Loan Pool to the Buyer at least fifteen (15) days prior to the Reacquisition Date (unless a shorter period shall be satisfactory to the Buyer).