Warranty Receivable definition

Warranty Receivable means a Receivable which the Seller is required to repurchase pursuant to Section 3.02.
Warranty Receivable means a Receivable purchased by the Seller pursuant to Section 2.03(c).
Warranty Receivable. A Receivable that the Warranty Purchaser has become obligated to repurchase pursuant to Section 2.04 of the Trust Sale Agreement.

Examples of Warranty Receivable in a sentence

  • The Borrower shall not sell any Collateral Receivable unless (i) such Collateral Receivable is a Warranty Receivable required to be repurchased by the Seller pursuant to the terms of the Purchase Agreement or (ii) so long as (x) no Event of Default exists before or after giving effect to such sale and transfer (y) and no Early Amortization Event or Unmatured Event of Default would exist as a result of such sale and transfer, such Collateral Receivable is sold in a Permitted Asset Sale.


More Definitions of Warranty Receivable

Warranty Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Seller pursuant to Section 3.02.
Warranty Receivable means a Receivable which the RPA Seller is required to repurchase pursuant to Section 2.03(c) of the Receivables Purchase Agreement or Section 2.04 of the Sale and Servicing Agreement.
Warranty Receivable. A Receivable which the Warranty Purchaser has become obligated to repurchase pursuant to Section 2.06 of the Pooling Agreement or Section 5.04 of the Purchase Agreement.
Warranty Receivable. With respect to any Collection Period, a Receivable which the Seller has become obligated to repurchase pursuant to Section 3.2.
Warranty Receivable. With respect to any Monthly Period, a Receivable which AFL has become obligated to repurchase pursuant to Section 2.6.
Warranty Receivable means a Receivable which the Seller is required to repurchase pursuant to Section 2.05.
Warranty Receivable means a Receivable which the Transferor has repurchased pursuant to Section 7.2 of the Master Transfer Agreement or the Seller has repurchased pursuant to Section 7.2 of the Master Sale Agreement (Warehouse). * * * * *