Aggregate Receivable Value definition

Aggregate Receivable Value means the sum of (i) the Loan Value of all the Loans and (ii) the Lease Value of all the Leases.
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Examples of Aggregate Receivable Value in a sentence

  • The Notes are subject to redemption in whole, but not in part, on or after any Payment Date on which the Aggregate Receivable Value (calculated as of the end of the related Collection Period) first becomes ten percent (10%) or less of the Aggregate Receivable Value as of the Cut-off Date and for a purchase price equal to the Redemption Price; provided, however, that the Issuer has available funds sufficient to pay the Redemption Price following the exercise by the Managing Member of the Clean-Up Call.

  • The Aggregate Receivable Value of Receivables and the related Equipment with respect to which the Purchaser may exercise its Removal Option at any time before the Redemption Date shall not exceed ten percent (10%) of the Aggregate Receivable Value as of the Cut-off Date.

  • As of the first day of any Collection Period immediately preceding a Payment Date as of which the Aggregate Receivable Value is 10% or less of the Aggregate Receivable Value as of the Cut-off Date, the Purchaser may purchase all of the Collateral, other than the Trust Accounts.

  • As of the first day of any Collection Period immediately preceding a Payment Date as of which the Aggregate Receivable Value is 10% or less of the Aggregate Receivable Value as of the Cut-off Date, the Seller shall have the option to purchase all of the Collateral, other than the Trust Accounts.

  • The Aggregate Receivable Value of Receivables and the related Equipment with respect to which the Seller may exercise its Purchase Option at any time before the Redemption Date shall not exceed 10% of the Aggregate Receivable Value as of the Cut-off Date.

  • As of the first day of any Collection Period immediately preceding a Payment Date as of which the [Pool Balance] [Aggregate Receivable Value] is 10% or less of the [Pool Balance] [Aggregate Receivable Value] as of the Cut-off Date, the Seller shall have the option to purchase all of the Collateral, other than the Trust Accounts.

  • As of the first day of any Collection Period immediately preceding a Payment Date as of which the Aggregate Receivable Value is 10% or less of the Aggregate Receivable Value as of the Cut-off Date, the Seller (or its assignee) shall have the option to purchase all of the Collateral, other than the Trust Accounts.

  • The Aggregate Receivable Value of Receivables and the related Equipment with respect to which the Purchaser (or its assignee) may exercise its Removal Option at any time before the Redemption Date shall not exceed ten percent (10%) of the Aggregate Receivable Value as of the Cut-off Date.

  • The Notes are subject to redemption in whole, but not in part, on or after any Payment Date on which the Aggregate Receivable Value (calculated as of the end of the related Collection Period) first becomes ten percent (10%) or less of the Aggregate Receivable Value as of the Cut-off Date and for a purchase price equal to the Redemption Price; provided, however, that the Issuer has available funds sufficient to pay the Redemption Price following the exercise by the Purchaser of the Clean-Up Call.

  • The Aggregate Receivable Value of Receivables and the related Equipment with respect to which the Seller may exercise its Removal Option at any time before the Redemption Date shall not exceed ten percent (10%) of the Aggregate Receivable Value as of the Cut-off Date.

Related to Aggregate Receivable Value

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.

  • Net Receivables Balance means, at any time, the aggregate Outstanding Balance of all Eligible Receivables at such time reduced by the aggregate amount by which the Outstanding Balance of all Eligible Receivables of each Obligor and its Affiliates exceeds the Concentration Limit for such Obligor.

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Principal Receivables means all Receivables other than Finance Charge Receivables. In calculating the aggregate amount of Principal Receivables on any day, the amount of Principal Receivables shall be reduced by the aggregate amount of credit balances in the Accounts on such day.

  • Receivables Pool means, at any time, all of the then outstanding Receivables purchased by the Seller pursuant to the Sale Agreement prior to the Facility Termination Date.