Common use of Initial Receivables Clause in Contracts

Initial Receivables. The obligation of the Purchaser to purchase the Initial Receivables is subject to the satisfaction of the following conditions:

Appears in 8 contracts

Samples: Purchase Agreement (Mmca Auto Receivables Trust), Purchase Agreement (Mmca Auto Owner Trust 2000-2), Purchase Agreement (Mmca Auto Receivables Trust)

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Initial Receivables. The obligation of the Purchaser to purchase the Initial Receivables is subject to the satisfaction of the following conditions:: (i)

Appears in 2 contracts

Samples: Purchase Agreement (Mmca Auto Receivables Inc), Purchase Agreement (Mmca Auto Receivables Inc)

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