Common use of PAYMENT FOR RECEIVABLES Clause in Contracts

PAYMENT FOR RECEIVABLES. 3.1 As an initial instalment of consideration for the assignment of the Relevant Receivables pursuant to this Deed, the Receivables Trustee shall pay to the Transferor (pound)10,000 on the date hereof (if and to the extent that funds are available for the purpose in accordance with clause 5.2 of the RSA and otherwise as and when such funds are available):

Appears in 2 contracts

Samples: Restatement Agreement (Barclaycard Funding PLC), And Restatement Agreement (Gracechurch Receivables Trustee LTD)

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PAYMENT FOR RECEIVABLES. 3.1 As an initial instalment of consideration for the assignment of the Relevant Receivables pursuant to this Deed, the Receivables Trustee shall pay to the Transferor (pound)10,000 [GBP]10,000 on the date hereof (if and to the extent that funds are available for the purpose in accordance with clause 5.2 of the RSA and otherwise as and when such funds are available):

Appears in 1 contract

Samples: And Restatement Agreement (Barclaycard Funding PLC)

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PAYMENT FOR RECEIVABLES. 3.1 As an initial instalment of consideration for the assignment of the Relevant Receivables pursuant to this Deed, the Receivables Trustee shall pay to the Transferor (pound)10,000 {pound-sterling}10,000 on the date hereof (if and to the extent that funds are available for the purpose in accordance with clause 5.2 of the RSA and otherwise as and when such funds are available):

Appears in 1 contract

Samples: Restatement Agreement (Gracechurch Receivables Trustee LTD)

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