Common use of Deferred Payment Clause in Contracts

Deferred Payment. Receipt by the Seller of amounts distributed to the Seller pursuant to Section 2.8C(G) of the Administration Agreement (exclusive of the amount of any such distribution attributable to the reduction from time to time of the Specified Reserve Account Balance) shall constitute payment to the Seller of the Deferred Payment portion of the Purchase Price.

Deferred Payment. Receipt by the Seller of amounts distributed to the Seller pursuant to Section 2.8C(G2.8C.1(F) of the Administration Agreement (exclusive of the amount of any such distribution attributable to the reduction from time to time of the Specified Reserve Account Balance) shall constitute payment to the Seller of the Deferred Payment portion of the Purchase Price.