Examples of Subsequent Purchase Date in a sentence
The Issuer shall be obligated to purchase and acquire Additional Receivables for purposes of a replenishment only to the extent that the obligation to pay the Principal Component Purchase Price on such Subsequent Purchase Date can be satisfied in whole (but not in part) by the Issuer by applying the Available Principal Amount in accordance with item second of the Pre- Enforcement Principal Priority of Payments.
Upon the execution and delivery of any such Confirmation in connection with a Subsequent Purchase Date, such Confirmation shall supercede any previous confirmation executed and delivered in respect of the relevant Purchased Asset.
From and after such Subsequent Purchase Date, such Subsequent Contracts shall be deemed to be Contracts hereunder.
Accordingly, the information set out, in particular, in "DESCRIPTION OF THE PORTFOLIO", "INFORMATION TABLES REGARDING THE PORTFOLIO" and "HISTORICALDATA" does not summarise the status of the Portfolio at the time of sale and does not reflect the developments and changes in the Portfolio between the First Determination Date and the Closing Date or, as the case may be, the Subsequent Purchase Date.
However, the Initial Receivables will be transferred on the Closing Date and any Additional Receivables will be transferred on the relevant Subsequent Purchase Date.