Repurchased Receivable definition

Repurchased Receivable means a Receivable purchased by Santander Consumer pursuant to Section 3.4 of the Purchase Agreement or by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement.
Repurchased Receivable means a Receivable purchased by VCI pursuant to Section 3.3 of the Purchase Agreement, by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement or by the Seller pursuant to Section 2.3 of the Sale and Servicing Agreement.
Repurchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Section 4.06 by the Seller pursuant to Section 3.02 or by NMAC pursuant to Section 4.3 of the Purchase Agreement.

Examples of Repurchased Receivable in a sentence

  • If unknown, the place of death is assumed to be that where the body is found.

  • All such payments by the applicable Seller to Xxxxx Fargo on account of the Repurchase Price shall be due and payable on the next Business Day after the date of the notice by Xxxxx Fargo to the Seller Representative requiring that the applicable Seller repurchase any such Repurchased Receivable.


More Definitions of Repurchased Receivable

Repurchased Receivable means a Receivable purchased by the Master Servicer pursuant to Section 4.7 or repurchased by the Seller pursuant to Section 3.2 or the Master Servicer pursuant to Section 11.1(a).
Repurchased Receivable means a Receivable released from the lien hereof pursuant to Section 2.15 hereof and, if applicable, transferred to the Seller pursuant to the Contribution Agreement and repurchased by the Transferor pursuant to the Transfer and Assignment Agreement.
Repurchased Receivable means any repurchased Administrative Receivable or repurchased Warranty Receivable.
Repurchased Receivable shall refer to a Purchased Receivable which the Seller has become obligated to Repurchase under Section 4.1 hereof.
Repurchased Receivable means a Transferred Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Section 2.11 or repurchased or retransferred as of such time by the Transferor pursuant to Section 2.12, Section 2.13 or Section 2.15(d), as applicable.
Repurchased Receivable shall have the meaning given to that term in clause 10.5 (Repurchase) of the Receivables Purchase Agreement.
Repurchased Receivable means any Receivable that is repurchased pursuant to Section 3.3 of the First Purchase Agreement, Section 3.3 of the Second Purchase Agreement, Section 3.3 of the Third Purchase Agreement, Section 3.3 of the Sale Agreement or Section 3.7 of the Servicing Agreement, as applicable.