Reallocation Payment definition

Reallocation Payment means the payment deposited by the UTI Beneficiary to the 2014-A SUBI Collection Account in connection with any reallocation of a Matured Vehicle or a Defaulted Vehicle from the 2014-A SUBI to the UTI pursuant to Section 8.02(c) of the 2014-A Servicing Supplement, which shall be in an amount equal to the Net Liquidation Proceeds for such Matured Vehicle or Defaulted Vehicle.
Reallocation Payment means, with respect to events causing the Servicer to have an obligation to reallocate a 2024-1 Lease and the related 2024-1 Vehicle pursuant to Section 2.2 or 2.3, the Securitization Value of such 2024-1 Lease as of the day on which the related cure period ended.
Reallocation Payment means, with respect to events causing the Servicer to have an obligation to repurchase a 20[__]-[__] Lease and the related 20[__]-[__] Vehicle pursuant to Section 2.2 or 2.3, the Securitization Value of such 20[__]-[__] Lease as of the day on which the related cure period ended.

Examples of Reallocation Payment in a sentence

  • Select the Journal >> Capture Journal >> Capture Reallocation Payment.

  • Payment Quarter State Reallocation Payment QuarterPayments are defined as increases to the amount of funds available from the federal SRF capitalization grant.

  • On January 26th, Senator Rob- ert Wagner announced that the National Labor Board would launch an inquiry into the Imperial Valley situation.

  • Not counting any additional money that you could receive in a Reallocation Payment, the parties estimate that the gross (pre-tax) amount you will receive is approximately $<<EstimatedAward>> if the Settlement receives final Court-approval.


More Definitions of Reallocation Payment

Reallocation Payment means a payment made pursuant to Section 7.03(a)(iii).
Reallocation Payment means the payment deposited by the UTI Beneficiary to the 2019-B SUBI Collection Account in connection with any reallocation of a Matured Vehicle or a Defaulted Vehicle from the 2019-B SUBI to the UTI pursuant to Section 8.02(c) of the 2019-B Servicing Supplement, which shall be in an amount equal to the Net Liquidation Proceeds for such Matured Vehicle or Defaulted Vehicle.
Reallocation Payment means the amount required to be deposited by the Servicer into the 1997-A SUBI Collection Account in connection with any 1997-A Contract as to which a breach of a representation, warranty or covenant that materially and adversely affects the owners of interests in the 1997-A SUBI or the Certificateholders is not cured in all material respects within 60 days after TMCC discovers such breach or is given notice thereof, which amount will equal the Discounted Principal Balance of such Contract as of the last day of the Collection Period during which the related cure period ended plus an amount equal to any imputed lease charge on such Contract at the related Lease Rate that was delinquent as of the end of such Collection Period.
Reallocation Payment means, with respect to any Lease, an amount equal to the Securitization Value of such Lease as of the day on which the related cure period (as determined in Section 2.05(b)) ended.
Reallocation Payment means, with respect to any date of determination, the Securitization Value of a 20[__]-[__] Contract with respect to such date.
Reallocation Payment has the meaning specified in Section 2.13 of this Agreement.
Reallocation Payment means, with respect to events causing the Servicer to have an obligation to repurchase a 2000-A Lease and the related 2000-A Vehicle pursuant to Section 2.3, the Securitization Value of such 2000-A Lease as of the date of repurchase.