Common use of Payment for the Purchase Clause in Contracts

Payment for the Purchase. (a) The Purchase Price for each Receivable coming into existence on or after the Restatement Date shall be due and owing in full by Buyer to the Originator of such Receivable or its designee on the date each such Receivable comes into existence (except that Buyer may, with respect to any such Purchase Price, offset against such Purchase Price any amounts owed by such Originator to Buyer hereunder and which have become due but remain unpaid) and shall be paid to such Originator in the manner provided in the following paragraphs (b), (c), (d) and (e).

Payment for the Purchase. (a) The Purchase Price for each Receivable coming into existence on or after the Restatement Date date hereof shall be due and owing in full by Buyer to the Originator of such Receivable or its designee on the date each such Receivable comes came into existence (except that Buyer may, with respect to any such Purchase Price, offset against such Purchase Price any amounts owed by such Originator to Buyer hereunder and which have become due but remain unpaid) and shall be paid to such Originator in the manner provided in the following paragraphs (b), (c), (d) and (e).

Payment for the Purchase. (a) The Purchase Price for each Receivable coming into existence on or after the Restatement Date date hereof shall be due and owing in full by Buyer to the Originator of such Receivable Seller or its designee on the date each such Receivable comes came into existence (except that Buyer may, with respect to any such Purchase Price, offset against such Purchase Price any amounts owed by such Originator Seller to Buyer hereunder and which have become due but remain unpaid) and shall be paid to such Originator Seller in the manner provided in the following paragraphs (b), (c), (d) and (e).

Payment for the Purchase. (a) The Purchase Price for each Receivable coming into existence on or after the Restatement Closing Date shall be due and owing in full by Buyer to the each Originator of such Receivable or its designee on the date each such Receivable comes came into existence (except that Buyer may, with respect to any such Purchase Price, offset against such Purchase Price any amounts owed by such Originator to Buyer hereunder and which have become due but remain unpaid) and shall be paid to such each Originator in the manner provided in the following paragraphs (b), (c), (d) and (ed).. -------------- --- ---