Common use of Initial Purchase Price Payment Clause in Contracts

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each Originator the Purchase Price for the purchase to be made from such Originator on the Closing Date partially in cash (in an amount to be agreed between the Company and such Originator and set forth in the initial Purchase Report) and partially by issuing a promissory note in the form of Exhibit B to such Originator with an initial principal balance equal to the remaining Purchase Price (each such promissory note, as it may be amended, supplemented, endorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Documents, each being herein called a “Company Note”).

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each Originator the Purchase Price for the purchase to be made from such Originator on the Closing Date partially in cash (in an amount to be agreed between the Company and such Originator and set forth in the initial Purchase Report) and partially by issuing a promissory note in the form of Exhibit B to such Originator with an initial principal balance equal to the remaining Purchase Price (each such promissory note, as it may be amended, supplemented, endorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Documents, each being herein called a “"Company Note”").

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each Originator the Purchase Price for the purchase of Receivables to be made from such Originator on the Closing Date, partially in cash in the amount of the proceeds of the Purchase made by the Purchaser on the Closing Date partially in cash (in an amount to be agreed between under the Company and such Originator and set forth in the initial Receivables Purchase Report) Agreement, and partially by issuing a promissory note in the form of Exhibit EXHIBIT B to such Originator with an initial principal balance equal to the remaining Purchase Price (each as such promissory note, as it note may be amended, supplemented, endorsed indorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Documents, each being herein called a “Company Note”the "COMPANY NOTE").

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each Originator the Purchase Price for the purchase to be made from such Originator on the Closing Date partially in cash (in an amount to be agreed between the Company and such Originator and set forth in the initial Purchase Report) and partially by issuing a promissory note in the form of Exhibit B to such Originator with an initial principal balance equal to the remaining Purchase Price (each such promissory note, as it may be amended, supplemented, endorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Purchase Documents, each being herein called a “"Company Note”").

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each the Originator the Purchase Price for the purchase of Receivables to be made from such Originator on the Closing Date, partially in cash in the amount of the proceeds of the Loan made by the Lender on the Closing Date partially in cash (in an amount to be agreed between under the Company Loan and such Originator and set forth in the initial Purchase Report) Servicing Agreement, and partially by issuing a promissory note in the form of Exhibit EXHIBIT B to such the Originator with an initial principal balance equal to the remaining Purchase Price (each as such promissory note, as it note may be amended, supplemented, endorsed indorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Documents, each being herein called a “Company Note”the "COMPANY NOTE").

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each Originator the Purchase Price for the purchase of Receivables to be made from such Originator on the Closing Date, partially in cash in the amount of the proceeds of the purchase made by the Issuer on the Closing Date partially in cash (in an amount to be agreed between under the Company and such Originator and set forth in the initial Receivables Purchase Report) Agreement, and partially by issuing a promissory note in the form of Exhibit B to such Originator with an initial principal balance equal to the remaining Purchase Price (each as such promissory note, as it note may be amended, supplemented, endorsed indorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Documents, each being herein called a “the ("Company Note”").

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees agreed to pay to each the Originator the Purchase Price for the purchase to be of Receivables made from such Originator on the Original Closing Date Date, partially in cash (in an amount to be agreed between the Company and such Originator and set forth in the initial amount of the proceeds of the Purchase Report) made by the Purchasers on the Original Closing Date under the Receivables Purchase Agreement, and partially by issuing a promissory note in the form of Exhibit B to such the Originator with an initial principal balance equal to the remaining Purchase Price (each as such promissory note, as it note may be amended, supplemented, endorsed indorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Documents, each being herein called a “the "Company Note”").

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each Originator the Purchase Price for the purchase to be made from such Originator on the Closing Date partially in cash (in an amount to be agreed between the Company and such Originator and set forth in the initial Purchase Report) and partially by issuing a promissory note in the form of Exhibit B to such Originator with an initial principal balance equal to the remaining Purchase Price (each such promissory note, as it may be amended, supplemented, endorsed indorsed or otherwise modified from time to time, together with all any promissory notes note issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Documentsthis Agreement, each being herein called a “the "Company Note”").

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each the Originator the Purchase Price for the purchase of Receivables to be made from such Originator on the Closing Date, partially in cash in the amount of the proceeds of the Purchase made by the Purchaser on the Closing Date partially in cash (in an amount to be agreed between under the Company and such Originator and set forth in the initial Receivables Purchase Report) Agreement, and partially by issuing a promissory note in the form of Exhibit B to such the Originator with an initial principal balance equal to the remaining Purchase Price (each as such promissory note, as it note may be amended, supplemented, endorsed indorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Documents, each being herein called a “the "Company Note”").

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each Originator the Seller the Purchase Price for the purchase of Receivables to be made from such Originator on the Closing Date, partially in cash in the amount of the proceeds of the purchases made by the Issuers on the Closing Date partially in cash (in an amount to be agreed between under the Company and such Originator and set forth in the initial Receivables Purchase Report) Agreement, and partially by issuing a promissory note in the form of Exhibit B to such Originator the Seller with an initial principal balance equal to the remaining Purchase Price (each as such promissory note, as it note may be amended, supplemented, endorsed indorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Documents, each being herein called a “Company Note”).the

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each Originator the Purchase Price for the purchase of Receivables to be made from such Originator on the Closing Date Date, partially in cash (in an amount agreed to be agreed between by the Company and such Originator and set forth Originator, in the initial Purchase Report) case of IMO partially in consideration of all of the membership interest of the Company, and partially by issuing a promissory note in the form of Exhibit B to such Originator with an initial principal balance equal to the remaining Purchase Price (each as such promissory note, as it note may be amended, supplemented, endorsed indorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Documents, each being herein called a “"Company Note”").

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each Originator the Purchase Price for the purchase of Receivables to be made from such Originator on the Closing Date Effective Date, partially in cash (in an amount from funds borrowed under the Secured Credit Agreement, partially by issuing Letters of Credit pursuant to be agreed between the Company and such Originator and set forth in the initial Purchase Report) Section 1.6 and partially by issuing a promissory note in the form of Exhibit B to such Originator with an initial principal balance equal to the remaining Purchase Price (each as such promissory note, as it note may be amended, supplemented, endorsed indorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Loan Documents, each being herein called a “Company the "Borrower Note”").

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each Originator the Purchase Price for the purchase to be made from such Originator on the Closing Date partially in cash (in an amount to be agreed between the Company and such Originator and set forth in the initial Purchase Report) and partially by issuing a promissory note in the form of Exhibit B to such Originator with an initial principal balance equal to the remaining Purchase Price (each such promissory note, as it may be amended, supplemented, endorsed indorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Documents, each being herein called a “"Company Note”").

Initial Purchase Price Payment. On the terms and subject to the conditions set forth in this Agreement, the Company agrees to pay to each Originator the Purchase Price for the purchase of Pool Receivables to be made from such Originator on the Closing Date, partially in cash in the amount of the proceeds of the Purchase made by the Purchaser on the Closing Date partially in cash (in an amount to be agreed between under the Company and such Originator and set forth in the initial Receivables Purchase Report) Agreement, and partially by issuing a promissory note in the form of Exhibit EXHIBIT B to such Originator with an initial principal balance equal to the remaining Purchase Price (each as such promissory note, as it note may be amended, supplemented, endorsed indorsed or otherwise modified from time to time, together with all promissory notes issued from time to time in substitution therefor or renewal thereof in accordance with the Transaction Documents, each being herein called a “Company Note”the "COMPANY NOTE").