Subsequent Receivable definition

Subsequent Receivable means each Receivable that becomes a part of the Collateral on a Funding Date other than the Funding Date relating to the Initial Loan.

Subsequent Receivable means a Receivable transferred to the Issuer on a Funding Date.

Subsequent Receivable means each motor vehicle retail installment sale contract described in a Schedule of Subsequent Receivables attached as Schedule A to a First-Tier Subsequent Assignment (an identical copy of which is attached as Schedule A to a related Second-Tier Subsequent Assignment), and all rights and obligations thereunder and any amendments, modifications or supplements to such motor vehicle retail installment sale contract.

Examples of Subsequent Receivable in a sentence

• The list of Consumer Loans that will be attached as Schedule A to each Purchase Notice will be an accurate list of all of the Consumer Loans from which the relevant Subsequent Receivables will derive and will specify any Collateral Security granted, the Individual Purchase Price for each Subsequent Receivable, and all the information contained therein will be true and correct in all material respects.

• The Custodian has reviewed such Receivable Files and has determined that it has received a file for each Subsequent Receivable identified in Schedule A to this Subsequent Transfer Agreement.

• The Principal Amount Outstanding of each Subsequent Receivable as of the relevant Cut-Off Date will be correctly set forth in schedule A to the relevant Purchase Notice.

• Each insurance premium due by Agos in relation to the Financed Insurance Policies has been fully, duly and timely paid by Agos to the relevant Insurance Company, with regard to the Initial Receivables, as at the First Valuation Date, and, with regard to the Subsequent Receivable, as at the Cut-Off Date immediately preceding the Purchase Date of the relevant Receivable.

• The Seller covenants that in the event any of the foregoing conditions precedent are not satisfied with respect to any Subsequent Receivable on the date required as specified above, the Seller will immediately repurchase such Subsequent Receivable from the Issuer, at a price equal to the Purchase Amount thereof, in the manner specified in USection 3.2U.

More Definitions of Subsequent Receivable

Subsequent Receivable means any receivable listed on Schedule A hereto.

Subsequent Receivable means, with respect to each Funding Date, each Receivable listed on Schedule I to the related Contributor Assignment, each of which was contributed to the Depositor by the Contributor and then transferred from the Depositor to the Issuer on such Funding Date.

Subsequent Receivable means any Receivable described in a Schedule of Subsequent Receivables.

Subsequent Receivable means a Receivable acquired by the Issuer on any given Funding Date.

Subsequent Receivable has the meaning specified in the Sale and Servicing Agreement.

Subsequent Receivable means a Receivable transferred to the Issuer by the Depositor on a Funding Date.]

Subsequent Receivable has a Contract Value as of the Subsequent Cutoff Date that (when combined with the Contract Value of any other Receivables with the same or an affiliated Obligor) does not exceed 1% of the aggregate Contract Value of all Receivables.