Common use of Consideration and Payment for the Subsequent Purchased Assets Clause in Contracts

Consideration and Payment for the Subsequent Purchased Assets. In consideration of the sale of the Subsequent Purchased Assets sold to the Purchaser on each Funding Date, the Purchaser shall pay to COAF on such date an amount equal to the estimated fair market value of the related Subsequent Purchased Assets on such Funding Date (the "Purchase Price").

Appears in 2 contracts

Samples: Purchase Agreement (Capital One Auto Receivables LLC), Purchase Agreement (Capital One Prime Auto Receivables Trust 2003-1)

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Consideration and Payment for the Subsequent Purchased Assets. In consideration of the sale of the Subsequent Purchased Assets sold to the Purchaser on each Funding Date, the Purchaser shall pay to COAF on such date an amount equal to the estimated fair market value of the related Subsequent Purchased Assets on such Funding Date (the "Purchase Price").. Purchase Agreement

Appears in 1 contract

Samples: Purchase Agreement (Capital One Auto Receivables LLC)

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Consideration and Payment for the Subsequent Purchased Assets. In consideration of the sale of the Subsequent Purchased Assets sold to the Purchaser on each Funding Date, the Purchaser shall pay to COAF on such date an amount equal to the estimated fair market value of the related Subsequent Purchased Assets on such Funding Date (the "β€œPurchase Price"”).

Appears in 1 contract

Samples: Purchase Agreement (Capital One Prime Auto Receivables Trust 2004-1)

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