Consideration for Initial Receivables. In consideration of the Receivables and the related Deposited Assets described in Section 2.01(a), the Depositor shall, on the Closing Date, receive an amount equal to the Receivables Purchase Price in immediately available funds.
Appears in 3 contracts
Sources: Sale and Servicing Agreement (Bay View Capital Corp), Sale and Servicing Agreement (Bay View Capital Corp), Sale and Servicing Agreement (Bay View Capital Corp)