Repurchased Contract means a Contract repurchased as of the related Master Servicer Report Date by the Master Servicer pursuant to Section 4.07 or by the Seller pursuant to Section 3.02.
Repurchased Contract means, with respect to any Collection Period, any Contract as to which the Repurchase Amount has been deposited in the Collection Account by or on behalf of the Borrower or the Collateral Manager, as applicable, on or before the related Collateral Manager Report Date and any Contract purchased by the Equityholder pursuant to the Sale Agreement as to which the Repurchase Amount has been deposited in the Collection Account by the Equityholder.
Repurchased Contract means a Purchased Contract which has been repurchased by SELLER pursuant to the terms hereof.
Examples of Repurchased Contract in a sentence
CustomFin Auto has no duty to repossess the Vehicle purchased under any Repurchased Contract (a “Repurchased Vehicle”) or to return a Repurchased Vehicle to Dealer as a condition to requiring any Repurchase.
Upon Dealer's payment of the Repurchase Price under any Repurchase, CustomFin Auto shall sell, assign and endorse the applicable Repurchased Contract to Dealer.
Such sale, assignment and endorsement shall be made “as Is”, “where Is”, without representation or warranty of any kind including as to condition, fitness for any particular purpose or merchantability, express or implied, concerning the Repurchased Contract, the Repurchased Vehicle or any Additional Products.
More Definitions of Repurchased Contract
Repurchased Contract means, for any Due Period, a Contract which (i) CITSF purchased pursuant to Section 3.02 of the Sale and Servicing Agreement or (ii) the Servicer purchased pursuant to Section 4.07 of the Sale and Servicing Agreement, in each case, effective as of a date preceding such Due Period.
Repurchased Contract means, with respect to any Collection Period, any Contract as to which the Repurchase Amount has been deposited in the Collection Account by or on behalf of the Borrower or the Collateral Manager, as applicable, on or before the related Collateral Manager Report Date and any Contract purchased by the Equityholder pursuant to the Sale Agreement as to which the Repurchase Amount has been deposited in the Collection Account by or on behalf of the Equityholder.
Repurchased Contract means a Contract (i) purchased as of the Business Day prior to the respective Servicer Report Date by the Servicer pursuant to Section 3.7 or (ii) repurchased by the Seller pursuant to Section 2.3. The Scheduled Balance of a Contract that becomes a Repurchased Contract shall be reduced to zero as provided in the definition of "Scheduled Balance."
Repurchased Contract means a Contract repurchased by the Seller pursuant to Section 3.02, 3.03 or 3.04.
Repurchased Contract has the meaning set forth in Section 2.04(a) of the Purchase, Sale and Contribution Agreement.
Repurchased Contract means any Contract repurchased by CITSF pursuant to Section 3.05(a).
Repurchased Contract means, with respect to any Collection Period, any Transferred Contract as to which the Repurchase Amount has been deposited in the Collection Account by or on behalf of the Borrower or the Servicer, as applicable, on or before the related Servicer Report Date and any Transferred Contract purchased by the Servicer, either Seller or UACC pursuant to the Sale and Servicing Agreement as to which the Repurchase Amount has been deposited in the Collection Account by or on behalf of the Servicer, either Seller or UACC, as the case may be. [**CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR CERTAIN PORTIONS OF THIS DOCUMENT]