True-up mechanism definition
True-up mechanism means, with respect to sales-based financing, a contractual arrangement with all the following elements:
True-up mechanism means, with respect to sales-based
True-up mechanism means the mechanism by which the Servicer adjusts the Environmental Control Charge through a True-Up Adjustment pursuant to Section 4.01 of the Servicing Agreement.
More Definitions of True-up mechanism
True-up mechanism means, with respect to sales‐based financing, a contractual arrangement with all the following elements: