Subsequent Conveyance Date definition

Subsequent Conveyance Date has the meaning set forth in Section 2.1(b).
Subsequent Conveyance Date has the meaning set forth in Section 9.16(b).
Subsequent Conveyance Date each Subsequent Conveyance Date and the date of the Initial Conveyance are a “Purchase Date”), which Contract Payments, Contracts and Related Security shall be identified on a supplement to the Schedule of Contracts prepared by the Seller and attached to the related Purchase Notice (each such supplement together with all other supplements thereto delivered hereunder shall become part of the Schedule of Contracts and, shall at all times be maintained by the Collateral Manager in accordance with the terms of the Receivables Financing Agreement). In the event the Purchaser agrees from time to time after the Initial Conveyance to acquire one or more additional Contracts, the Purchaser shall countersign the Purchase Notice to confirm its acceptance of such offer and on the terms and subject to the conditions set forth in this Agreement, the Seller shall Convey to the Purchaser, without recourse, on the applicable Subsequent Conveyance Date, and the Purchaser shall purchase from the Seller on the applicable Subsequent Conveyance Date (each such purchase and sale being herein called a “Subsequent Conveyance”), all of the Seller’s right, title and interest in and to each and every Contract then reported on the supplement to the Schedule of Contracts attached to the related Purchase Notice and all Contract Payments related thereto, together with all other Related Security and all proceeds of the foregoing. The supplement to the Schedule of Contracts delivered in accordance with the terms hereof shall automatically, on the applicable Subsequent Conveyance Date, be deemed to update any previously delivered Schedule of Contracts without the need for action or consent on the part of any Person.

Examples of Subsequent Conveyance Date in a sentence

  • The supplement to the Schedule of Contracts delivered in accordance with the terms hereof shall automatically, on the applicable Subsequent Conveyance Date, be deemed to update any previously delivered Schedule of Contracts without the need for action or consent on the part of any Person.


More Definitions of Subsequent Conveyance Date

Subsequent Conveyance Date means either the Subsequent Conveyance Date of Collateral Obligations or the Subsequent Conveyance Date of Beneficial Interest in Reference Assets, as applicable.
Subsequent Conveyance Date has the meaning set forth in Section 2.1(b). “Transferred Assets” means, collectively, the Transferred Collateral Obligations and Related Security Conveyed by the Seller to the Purchaser hereunder. “Transferred Collateral Obligations” means each Collateral Obligation Conveyed from the Seller to the Purchaser pursuant to the terms of this Agreement. “Warranty Collateral Obligations” has the meaning set forth in Section 6.1. SECTION 1.2