Purchase Facility has the meaning set forth in Section 1.1 of the Sale Agreement.

Purchase Facility means any Warehouse Facility in the form of a purchase and sale facility pursuant to which the Company or a Restricted Subsidiary sells Receivables to a financial institution, commercial paper facility or conduit and retains a right of first refusal or other repurchase arrangement upon the subsequent resale of such Receivables by such financial institution, commercial paper facility or conduit.

Purchase Facility means the receivables purchase facility evidenced by this Agreement.

Examples of Purchase Facility in a sentence

AMOUNTS AND TERMS OF THE PURCHASES 2 Section 1.1. Purchase Facility 2 Section 1.2. Making Purchases 3 Section 1.3. Purchased Interest Computation 6 Section 1.4. Settlement Procedures 6 Section 1.5. Fees 11 Section 1.7. Payments and Computations, Etc 11 Section 1.8. Increased Costs 12 Section 1.8. Requirements of Law 13 Section 1.8. [Reserved] 14 Section 1.10.

More Definitions of Purchase Facility

Purchase Facility has the meaning specified in Section 1.1 of this Agreement.

Purchase Facility has the meaning set forth in Section 1.1 of the Purchase and Contribution Agreement.

Purchase Facility. As used herein, “Cut-Off Date” means (a) with respect to each Originator party hereto on the date hereof, February 28, 2019, and (b) with respect to any Originator that first becomes a party hereto after the date hereof, the Business Day immediately prior to the date on which such Originator becomes a party hereto or such other date as the Buyer and such Originator agree to in writing. SECTION 1.2.

Purchase Facility means any Warehouse Facility in the form of a purchase and sale facility pursuant to which the Company or a Restricted Subsidiary of the Company sells Receivables to a financial institution, commercial paper facility or conduit or Special Purpose Entity and retains a right of first refusal or other repurchase arrangement upon the subsequent resale of such Receivables by such financial institution, commercial paper facility or conduit or Special Purpose Entity.

Purchase Facility means any Warehouse facility in the form of a purchase and sale facility pursuant to which the Company or any of its Subsidiaries sells Receivables to a financial institution and retains the right of first refusal upon the subsequent resale of such Receivables by such financial institution.

Purchase Facility. Any facility in the form of a purchase and sale facility pursuant to which Delta Financial Corporation or Delta Funding Corporation sells Receivables to a financial institution, commercial paper facility or conduit and retains a right of first refusal or other repurchase arrangement upon the subsequent resale of such Receivables by such financial institution, commercial paper facility or conduit.