Repurchased Contract definition

Repurchased Contract means a Contract repurchased as of the related Master Servicer Report Date by the Master Servicer pursuant to Section 4.07 or by the Seller pursuant to Section 3.02.

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Repurchased Contract means a Contract which the Seller has repurchased or is required to repurchase pursuant to Section 8.1 hereof.

Repurchased Contract means, with respect to any Collection Period, any Contract as to which the Repurchase Amount has been deposited in the Collection Account by or on behalf of the Borrower or the Collateral Manager, as applicable, on or before the related Collateral Manager Report Date and any Contract purchased by the Equityholder pursuant to the Sale Agreement as to which the Repurchase Amount has been deposited in the Collection Account by the Equityholder.

Examples of Repurchased Contract in a sentence

• If the Servicer shall commence a legal proceeding to enforce a Contract, the Indenture Trustee (in the case of a Contract other than a Repurchased Contract) shall thereupon be deemed to have automatically assigned, solely for the purpose of collection, such Contract to the Servicer.

• The Repurchase Fee for each Repurchased Contract shall be twenty-five Dollars ($25.00).

• Upon repurchase of such Repurchased Contracts, E-LOAN shall execute and deliver to the Custodian, as acknowledged by the Purchaser, a Notice of Repurchased Contract.

• Survival 29 *Schedule I - Schedule of Contracts SI-1 *Schedule II - Purchase Price SII-1 *Schedule III - Location of Contract Files SIII-1 *Schedule IV - Form of Limited Guaranty SIV-1 *Schedule V - Form of Sale and Assignment SV-1 *Exhibit A - Notice of Repurchased Contract A-1 *Exhibit B - E-Fund Agreement B-1 *Exhibits and schedules have been omitted in accordance with Item 601(b)(2) of Regulation S-K.

• Such sale, assignment and endorsement shall be made “as Is”, “where Is”, without representation or warranty of any kind including as to condition, fitness for any particular purpose or merchantability, express or implied, concerning the Repurchased Contract, the Repurchased Vehicle or any Additional Products.

More Definitions of Repurchased Contract

Repurchased Contract means a Contract purchased by the Originator pursuant to Section 3.3 of the Contribution Agreement, by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement or by the Seller pursuant to Section 2.1 or Section 2.3 of the Sale and Servicing Agreement.

Repurchased Contract means, with respect to any Collection Period, any Contract as to which the Repurchase Amount has been deposited in the Collection Account by or on behalf of the Borrower or the Collateral Manager, as applicable, on or before the related Collateral Manager Report Date and any Contract purchased by the Equityholder pursuant to the Sale Agreement as to which the Repurchase Amount has been deposited in the Collection Account by or on behalf of the Equityholder.

Repurchased Contract means a Contract repurchased by the Seller pursuant to Section 3.02, 3.03 or 3.04.

Repurchased Contract has the meaning set forth in Section 2.04(a) of the Purchase and Sale Agreement.

Repurchased Contract means any Contract repurchased by Seller in accordance with Section 10.

Repurchased Contract means any Contract repurchased by CITSF pursuant to Section 3.05(a).

Repurchased Contract means a Contract (i) purchased as of the Business Day prior to the respective related Servicer Report Date by the Servicer pursuant to Section 4.07 or (ii) repurchased by the Seller pursuant to Section 3.02.