Common use of Deposit of Receivables Repurchase Price Clause in Contracts

Deposit of Receivables Repurchase Price. In connection with any Atalaya Refinanced Receivable, on the date such Atalaya Refinanced Receivable is contributed, sold, or otherwise transferred to Opportunity Funding SPE II, LLC the Company shall deposit, or cause to be deposited, into the applicable Disbursement Account, an amount, in immediately available funds, equal to the Receivable Repurchase Price of the Receivable that was refinanced into such Atalaya Refinanced Receivable.

Deposit of Receivables Repurchase Price. In connection with any Atalaya Refinanced Receivable, on the date such Atalaya Refinanced Receivable is contributed, sold, or otherwise transferred to Opportunity Funding SPE II, LLC the Company shall deposit, or cause to be deposited, into the applicable Disbursement Account, an amount, in immediately available funds, equal to the Receivable Repurchase Price of the Receivable that was refinanced into such Atalaya Refinanced Receivable.