Common use of Payment of Repurchase Prices and Substitution Shortfall Amounts Clause in Contracts

Payment of Repurchase Prices and Substitution Shortfall Amounts. The Issuer and the Indenture Trustee shall direct that the Depositor remit or cause to be remitted all amounts in respect of Repurchase Prices and Substitution Shortfall Amounts payable during the related Due Period in immediately available funds to the Indenture Trustee on the Transfer Date for deposit in the Collection Account.

Appears in 20 contracts

Sources: Indenture (Bluegreen Vacations Holding Corp), Indenture (Bluegreen Vacations Holding Corp), Indenture (Bluegreen Vacations Corp)

Payment of Repurchase Prices and Substitution Shortfall Amounts. The Issuer and the Indenture Trustee shall direct that the Depositor remit or cause to be remitted all amounts in respect of Repurchase Prices and Substitution Shortfall Amounts payable during the related Due Period in immediately available funds to the Indenture Trustee on the Transfer Funding Date for deposit in the Collection Account.

Appears in 6 contracts

Sources: Indenture (Bluegreen Corp), Third Amended and Restated Indenture (Bluegreen Corp), Indenture (Bluegreen Corp)

Payment of Repurchase Prices and Substitution Shortfall Amounts. The Issuer and the Indenture Trustee shall direct that the Depositor remit or cause to be remitted all amounts in respect of Repurchase Prices and Substitution Shortfall Amounts payable during the related Due Period in immediately available funds to the Indenture Trustee on the Transfer Date applicable dates of repurchase or substitution of a Timeshare Loan for deposit in the Collection Account.

Appears in 4 contracts

Sources: Omnibus Amendment (BBX Capital Corp), Omnibus Amendment (Bluegreen Vacations Corp), Indenture (Bluegreen Vacations Holding Corp)

Payment of Repurchase Prices and Substitution Shortfall Amounts. The Issuer hereby directs and the Indenture Trustee shall direct that the Depositor hereby agrees to remit or cause to be remitted all amounts in respect of Repurchase Prices and Substitution Shortfall Amounts payable during the related Due Period in immediately available funds to the Indenture Trustee on the Transfer Date for deposit to be deposited in the Collection Account.14

Appears in 1 contract

Sources: Sale Agreement (BBX Capital Corp)

Payment of Repurchase Prices and Substitution Shortfall Amounts. The Note Issuer and the Indenture Trustee Collateral Agent shall direct that the Depositor remit or cause to be remitted all amounts in respect of Repurchase Prices and Substitution Shortfall Amounts payable during the related Due Period in immediately available funds to the Indenture Trustee Collateral Agent on the Transfer Business Day prior to the Payment Date for deposit in the Collection Account.

Appears in 1 contract

Sources: Note Purchase Agreement (Stratstone/Bluegreen Secured Income Fund, LLC)