Examples of Sales Proceeds Advance in a sentence
If the Servicer has not sold a 2016-1 Vehicle within 90 days after it has made a Sales Proceeds Advance, it shall be reimbursed for such Sales Proceeds Advance as part of the Payment Date Advance Reimbursement in accordance with Section 2.4(b)(i).
If the Servicer has not sold a 2022-1 Vehicle within 90 days after it has made a Sales Proceeds Advance, it shall be reimbursed for such Sales Proceeds Advance as part of the Payment Date Advance Reimbursement in accordance with Section 2.4(b)(i).
A separate, but related, joint project between IFCC and IUPAC involves the production and publication of the ‘Silver Book’.
After the Servicer has made a Sales Proceeds Advance with respect to a 2016-1 Vehicle, the Issuer shall have no claim against or interest in such 2016-1 Vehicle or any Sales Proceeds or Termination Proceeds, as the case may be, resulting from the sale or other disposition thereof.
After the Servicer has made a Sales Proceeds Advance with respect to a 2022-1 Vehicle, the Issuer shall have no claim against or interest in such 2022-1 Vehicle or any Sales Proceeds or Termination Proceeds, as the case may be, resulting from the sale or other disposition thereof.