Common use of Initial Purchase Clause in Contracts

Initial Purchase. The sale and purchase of the Initial Receivables shall take place at the offices of Xxxxxxxx & Xxxxx LLP, 000 Xxxxx XxXxxxx Xxxxxx, Xxxxxxx, Xxxxxxxx 00000, on the Initial Closing Date at a time mutually agreeable to the Seller and XXXX, and will occur simultaneously with the closing of transactions contemplated by the Further Transfer and Servicing Agreements.