Common use of Payment of Investment Clause in Contracts

Payment of Investment. On any Investment Date, each Conduit Investor or each Committed Investor, as the case may be, shall remit its share of the aggregate amount of such Investment (such investment amount determined pursuant to Section 2.2(a)) to the account of the applicable Group Agent specified therefor from time to time by such Group Agent by notice to such Investors by wire transfer of same day funds. Following a Group Agent’s receipt of funds from the Investors as aforesaid, such Group Agent shall remit such funds received to the Seller’s account at the location indicated on Schedule 11.3, by wire transfer of same day funds.

Appears in 1 contract

Samples: Receivables Purchase Agreement (United Rentals Inc /De)

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Payment of Investment. On any Investment Date, each Conduit Investor or each Committed the related Alternate Investor, as the case may be, shall remit its share of the aggregate amount of such Investment (such investment amount determined pursuant to Section 2.2(a)) to the account of the applicable Group related Class Agent specified therefor from time to time by such Group Class Agent by notice to such Investors Persons by wire transfer of same day funds. Following a Group each such Class Agent’s receipt of funds from the related Investors as aforesaid, such Group Class Agent shall remit such funds received to the SellerSPV’s account at the location indicated on Schedule in Section 11.3, by wire transfer of same day funds.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Boise Cascade Co)

Payment of Investment. On any Investment Date, each the Conduit Investor or each Committed Alternate Investor, as the case may be, shall remit its share of the aggregate amount of such Investment (such investment amount determined pursuant to Section SECTION 2.2(a)) to the account of the applicable Group Agent specified therefor from time to time by such Group the Agent by notice to such Investors Persons by wire transfer of same day funds. Following a Group the Agent’s 's receipt of funds from the Investors as aforesaid, such Group the Agent shall remit such funds received to the Seller’s SPV's account at the location indicated on Schedule in SECTION 11.3, by wire transfer of same day funds.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Diebold Inc)

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Payment of Investment. On any Investment Date, each the Conduit Investor or each Committed Alternate Investor, as the case may be, shall remit its share of the aggregate amount of such Investment (such investment amount determined pursuant to Section 2.2(a)) to the account of the applicable Group Agent specified therefor from time to time by such Group the Agent by notice to such Investors Persons by wire transfer of same day funds. Following a Group the Agent’s receipt of funds from the Investors as aforesaid, such Group the Agent shall remit such funds received to the SellerOriginator’s account at the location indicated on Schedule in Section 11.3, by wire transfer of same day funds.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Overnite Corp)

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