Consideration for Additional Loans Sample Clauses
Consideration for Additional Loans. Subject to fulfilment of the conditions referred to in Section 4.3 (Conditions to Sale of Additional Loans) and Section 4.5 (Deliveries on Transfer Dates), the relevant Purchase Price to be provided to the Seller for the sale, transfer, assignment and conveyance of Additional Loans and their Related Security to the Guarantor on a Transfer Date will be satisfied by payment to the Seller in same day funds an amount equal to the Purchase Price by depositing such amount into the Seller’s Account or, if the Seller so elects in writing to the Purchaser on or before the applicable Transfer Date, the Purchaser shall credit the Seller’s Capital Account Ledger with an amount equal to all (or the portion of the Purchase Price not paid in cash) of the Purchase Price. The Purchase Price payable with respect to any Transfer Date will equal the Fair Market Value of the Loans and their Related Security sold, transferred, assigned and conveyed on such Transfer Date.
