Common use of Payment for the Purchase Clause in Contracts

Payment for the Purchase. (a) The Purchase Price for the Purchase of Receivables in existence as of the close of business on the Initial Cutoff Date (other than the Initial Contributed Receivables) shall be payable in full by Buyer to each Originator on the date hereof, and shall be paid to each Originator in the following manner:

Appears in 2 contracts

Samples: Receivables Sale Agreement (Arch Chemicals Inc), Receivables Sale Agreement (Arch Chemicals Inc)

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Payment for the Purchase. (a) The Purchase Price for the Purchase of Receivables in existence as of the close of business on the Initial Cutoff Date (other than the Initial Contributed Receivables) shall be payable in full by Buyer to each Originator Agent, for the benefit of Originator, on the date hereofInitial Sale Date, and shall be paid to each Originator Agent in the following manner:

Appears in 2 contracts

Samples: Receivables Sale Agreement (Adc Telecommunications Inc), Receivables Sale Agreement (Adc Telecommunications Inc)

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Payment for the Purchase. (a) The Purchase Price for the Purchase of Receivables in existence as of the close of business on the Initial Cutoff Date (together with all Related Security and all Collections ) from an Originator (other than the Initial Contributed Receivables) shall be payable in full by Buyer to each such Originator on the date hereofInitial Funding Date, and shall be paid to each such Originator in the following manner:

Appears in 2 contracts

Samples: Receivables Sale Agreement (Allied Waste Industries Inc), Receivables Sale Agreement (Allied Waste Industries Inc)

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