Weekly Settlement Report definition

Weekly Settlement Report shall have the meaning specified in Section 6.2(b).”

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Weekly Settlement Report means a report to be delivered by Purchaser or by Administrator on behalf of Purchaser to Seller each Wednesday, or in case such day is not a Business Day then the next succeeding Business Day, for the most recently ended Weekly Reporting Period showing, as to all Purchased Receivables, all amounts collected and deposited with the Lock-Box Provider(s) during such Weekly Reporting Period, all amounts transferred from the Lock-Box Provider(s) to Seller, all amounts remitted by Seller to Purchaser and the amount of any checks that are returned or otherwise dishonored and as to which the Lock-Box Provider(s) had previously made funds available. Exhibit B ▇▇▇▇ OF SALE The undersigned hereby sells, transfers, assigns and conveys on the date hereof all its right, title and interest in and to the Eligible Receivables identified in the attached Schedule of Eligible Receivables, including all Related Security, if any, in existence as of the date hereof and as described in the attached Schedule of Eligible Receivables and all moneys due or to become due with respect thereto, to The Chase Manhattan Bank, ("Purchaser") pursuant to the Receivables Purchase Agreement between Aurora Foods Inc. ("Seller") and Purchaser, dated as of April 19, 2000 (the "Receivables Purchase Agreement"). This ▇▇▇▇ of Sale is made in consideration of the payment of $______. This sale is made without recourse except with regard to Nonperforming Receivables and except that the undersigned hereby represents and warrants that it is the owner of the Eligible Receivables and the Related Security referred to above and that there exists no Adverse Claim upon or with respect to such Eligible Receivables and Related Security. All the capitalized terms used and not otherwise defined herein have the same meaning as they have in Exhibit A to the Receivables Purchase Agreement. This ▇▇▇▇ of Sale shall be governed by, and construed and interpreted in accordance with, the laws of the State of New York.

Weekly Settlement Report means a report to be delivered by Western or by Servicer on behalf of Western to Purchaser each Wednesday, or in case such day is not a Business Day then the next succeeding Business Day, for the most recently ended Weekly Reporting Period showing, as to all Purchased Receivables, all amounts collected and deposited with the Lock Box Banks during such Weekly Reporting Period, all amounts transferred from the Lock Box Banks to Seller, all amounts remitted by Western to ▇▇▇▇▇▇ and the amount of any checks that are returned or otherwise dishonored and as to which the Lock Box Banks had previously made funds available.

Examples of Weekly Settlement Report in a sentence

Until the Originators or the Buyer shall notify the Servicer of any exceptions to the calculations contained therein, the calculations of the Dilution Adjustment Credit and Noncomplying Receivables Adjustment in each Weekly Settlement Report and each Asset Report shall be deemed to be correct as originally delivered.
The Servicer shall, as part of the Weekly Settlement Report delivered under the Receivables Purchase Agreement, note the Dilution Adjustment Credit due to the Buyer from any Originator.
The Servicer shall, as part of the Weekly Settlement Report, note the Dilution Adjustment Credit due to the Buyer from any Originator.
On each Weekly Settlement Report Date subsequent to receipt of the Weekly Report by the Administrative Agent and each Funding Agent, all interest and earnings (net of losses and investment expenses) on funds on deposit in the RTR Funding Account shall be transferred to the Collection Account to be applied in accordance with Section 2.5 and Section 2.6 hereof.
Delivery of a Weekly Settlement Report shall be deemed to satisfy the weekly report requirement hereunder.

More Definitions of Weekly Settlement Report

Weekly Settlement Report means the "Weekly Settlement Report" prepared by the Servicer under the Receivables Purchase Agreement.

Weekly Settlement Report means the report prepared by the Servicer pursuant to Section 5.01(c)(vii).

Weekly Settlement Report has the meaning assigned to that term in Section 5.01(c)(viii).