Repurchase Obligation has the meaning set forth in Section 8.6.
Repurchase Obligation. The obligation of the Contract Seller, set forth in --------------------- Section 3.05, to repurchase the related Contracts as to which there exists an uncured breach of a representation or warranty contained in Sections 3.02 or 3.03.
Repurchase Obligation has the meaning specified in Section 10.2 hereof.
Examples of Repurchase Obligation in a sentence
In order to secure Xxxxxx-35’s Repurchase Obligation, and as contemplated by the MOU, Xxxxxx-35 will deliver to EPWA, on the date of execution of this Agreement, an executed Promissory Note (the “Note”), in substantially the form attached as Exhibit “C” hereto, in the principal amount of the Repurchase Price.
More Definitions of Repurchase Obligation
Repurchase Obligation means two simultaneous transactions, one the purchase of securities by the Authority from an Eligible Institution, the other the commitment on the Eligible Institution’s part to repurchase the securities at an agreed price at some mutually agreed upon future date.
Repurchase Obligation means any obligation of a seller of Securitization Assets in a Qualified Securitization Transaction to repurchase such Securitization Assets arising as a result of a breach of a representation, warranty or covenant or otherwise, including as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute, off-set or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller.
Repurchase Obligation. The obligation of Vanderbilt, set forth in Section 3.05, to repurchase the related Contracts as to which there exists an uncured breach of a representation or warranty contained in Section 3.02 or 3.03.
Repurchase Obligation. The obligation of the Company, set forth in Section 3.05, to repurchase the related Contracts as to which there exists an uncured breach of a representation or warranty contained in Section 3.02 or 3.03.
Repurchase Obligation means any obligation of a seller of receivables in a Permitted Securitization Financing to repurchase receivables arising as a result of a breach of a representation, warranty or covenant or otherwise, including as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute, off-set or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller.
Repurchase Obligation as defined in subsection 2.10(b).
Repurchase Obligation has the meaning specified in Section 6.01(a).