Common use of Payment of Price Differential Clause in Contracts

Payment of Price Differential. (a) Notwithstanding that the Sellers, the Agent and the Buyers intend that the Transactions hereunder be sales to the Buyers of the Purchased Assets, the Sellers shall pay to the Agent, for the account of the Buyers, an amount equal to the accrued Price Differential of each Transaction through but not including the Payment Calculation Date (each such payment, a “Periodic Advance Repurchase Payment”) on each Payment Date less any portion thereof previously paid, if any. The Agent shall deliver to the Sellers, via Electronic Transmission, notice of the required Periodic Advance Repurchase Payment, and a detailed calculation thereof, on or prior to the fifth (5th) Business Day preceding each Payment Date. If the Sellers fail to make all or part of the Periodic Advance Repurchase Payment by 5:00 p.m., New York City time, on the Payment Date, the Sellers shall be obligated to pay to the Agent for the account of the Buyers (in addition to, and together with, the Periodic Advance Repurchase Payment) interest on the unpaid amount of the Periodic Advance Repurchase Payment at a rate per annum equal to the Post-Default Rate (the “Late Payment Fee”) until the overdue Periodic Advance Repurchase Payment is received in full by the Agent for the account of the Buyers.

Payment of Price Differential. (a) Notwithstanding that the Sellers, the Agent Purchaser and the Buyers Seller intend that the Transactions hereunder be sales to the Buyers Purchaser of the Purchased Assets, the Sellers Seller shall pay to the Agent, for Purchaser the account accreted value of the Buyers, an amount equal to the accrued Price Differential of each Transaction through but not including the Payment Calculation Date (each such payment, a “"Periodic Advance Repurchase Payment”") on each Payment Date less any portion thereof previously paid, if anyDate. The Agent Purchaser shall deliver to the SellersSeller, via Electronic Transmission, notice of the required Periodic Advance Repurchase PaymentPayment (along with the calculation of the Unused Fee, if any, and a detailed calculation thereof, other amounts owed and to be paid under Section 2.8) on or prior to the fifth second (5th2nd) Business Day preceding each Payment Date. If the Sellers fail Seller fails to make all or part of the Periodic Advance Repurchase Payment and the other amounts due by 5:00 p.m., New York City time, 3:00 p.m. on the Payment Date, the Sellers Seller shall be obligated to pay to the Agent for the account of the Buyers Purchaser (in addition to, and together with, the Periodic Advance Repurchase PaymentPayment and the other amounts due) interest on the unpaid amount of the Periodic Advance Repurchase Payment amounts at a rate per annum equal to the Post-Default Rate (the “"Late Payment Fee”") until the overdue Periodic Advance Repurchase Payment is unpaid amounts are received in full by the Agent for Purchaser. If the account of Periodic Advance Repurchase Payment includes any estimated Price Differential, the BuyersPurchaser shall recalculate such Price Differential after the Payment Date and, if necessary, make adjustments to the Periodic Advance Repurchase Payment amount due on the following Payment Date.

Payment of Price Differential. (a) Notwithstanding that the Sellers, the Agent Seller and the Buyers Buyer intend that the Transactions hereunder be sales to the Buyers Buyer of the Purchased Assets, the Sellers Seller shall pay to the Agent, for the account of the Buyers, Buyer an amount equal to the accrued Price Differential of each Transaction through but not including the Payment Calculation Date (each such payment, a “Periodic Advance Repurchase Payment”) on each Payment Date less any portion thereof previously paid, if any. The Agent Buyer shall deliver to the SellersSeller, via Electronic Transmission, notice of the required Periodic Advance Repurchase Payment, and a detailed calculation thereof, on or prior to the fifth (5th) Business Day preceding each Payment Date. If the Sellers fail Seller fails to make all or part of the Periodic Advance Repurchase Payment by 5:00 p.m., New York City time, on the Payment Date, the Sellers Seller shall be obligated to pay to the Agent for the account of the Buyers Buyer (in addition to, and together with, the Periodic Advance Repurchase Payment) interest on the unpaid amount of the Periodic Advance Repurchase Payment at a rate per annum equal to the Post-Default Rate (the “Late Payment Fee”) until the overdue Periodic Advance Repurchase Payment is received in full by the Agent for the account of the BuyersBuyer.

Payment of Price Differential. (a) Notwithstanding that the Sellers, the Agent Sellers and the Buyers Buyer intend that the Transactions hereunder be sales to the Buyers Buyer of the Purchased Assets, the Sellers shall pay to the Agent, for the account of the Buyers, Buyer an amount equal to the accrued Price Differential of each Transaction through but not including the Payment Calculation Date (each such payment, a “"Periodic Advance Repurchase Payment”") on each Payment Date less any portion thereof previously paid, if any. The Agent Buyer shall deliver to the Sellers, via Electronic Transmission, notice of the required Periodic Advance Repurchase Payment, and a detailed calculation thereof, on or prior to the fifth (5th) Business Day preceding each Payment Date. If the Sellers fail to make all or part of the Periodic Advance Repurchase Payment by 5:00 p.m., New York City time, on the Payment Date, the Sellers shall be obligated to pay to the Agent for the account of the Buyers Buyer (in addition to, and together with, the Periodic Advance Repurchase Payment) interest on the unpaid amount of the Periodic Advance Repurchase Payment at a rate per annum equal to the Post-Default Rate (the “"Late Payment Fee”") until the overdue Periodic Advance Repurchase Payment is received in full by the Agent for the account of the BuyersBuyer.

Payment of Price Differential. (a) Notwithstanding that the Sellers, the Agent Sellers and the Buyers Buyer intend that the Transactions hereunder be sales to the Buyers Buyer of the Purchased Assets, the Sellers shall pay to the Agent, for the account of the Buyers, Buyer an amount equal to the accrued Price Differential of each Transaction through but not including the Payment Calculation Date (each such payment, a “"Periodic Advance Repurchase Payment”") on each Payment Date less any portion thereof previously paid, if any. The Agent Buyer shall deliver to the Sellers, via Electronic Transmission, notice of the required Periodic Advance Repurchase Payment, and a detailed calculation thereof, on or prior to the fifth (5th) Business Day preceding each Payment Date. If the Sellers fail to make all or part of the Periodic Advance Repurchase Payment by 5:00 p.m., New York City time, on the Payment Date, the Sellers shall be obligated to pay to the Agent for the account of the Buyers Buyer (in addition to, and together with, the Periodic Advance Repurchase Payment) interest on the unpaid amount of the Periodic Advance Repurchase Payment at a rate per annum equal to the Post-Default Rate (the “"Late Payment Fee”") until the overdue Periodic Advance Repurchase Payment is received in full by the Agent for the account of the BuyersBuyer.

Payment of Price Differential. (a) Notwithstanding that the Sellers, the Agent Seller and the Buyers Buyer intend that the Transactions hereunder be sales to the Buyers Buyer of the Purchased Assets, the Sellers Seller shall pay to the Agent, for the account of the Buyers, Buyer an amount equal to the accrued Price Differential of each Transaction through but not including the Payment Calculation Date (each such payment, a “"Periodic Advance Repurchase Payment”") on each Payment Date less any portion thereof previously paid, if any. The Agent Buyer shall deliver to the SellersSeller, via Electronic Transmission, notice of the required Periodic Advance Repurchase Payment, and a detailed calculation thereof, on or prior to the fifth (5th) Business Day preceding each Payment Date. If the Sellers fail Seller fails to make all or part of the Periodic Advance Repurchase Payment by 5:00 p.m., New York City time, on the Payment Date, the Sellers Seller shall be obligated to pay to the Agent for the account of the Buyers Buyer (in addition to, and together with, the Periodic Advance Repurchase Payment) interest on the unpaid amount of the Periodic Advance Repurchase Payment at a rate per annum equal to the Post-Default Rate (the “"Late Payment Fee”") until the overdue Periodic Advance Repurchase Payment is received in full by the Agent for the account of the BuyersBuyer.

Payment of Price Differential. (a) Notwithstanding that the Sellers, the Agent Purchaser and the Buyers Seller intend that the Transactions hereunder be sales to the Buyers Purchaser or its designee of the Purchased Assets, the Sellers Seller shall pay to the Agent, Deal Agent as agent for the account Secured Parties the accreted value of the Buyers, an amount equal to the accrued Price Differential of each Transaction through but not including the Payment Calculation Date (each such payment, a “Periodic Advance Repurchase Payment”) on each Payment Date less any portion thereof previously paid, if anyDate. The Deal Agent shall deliver to the SellersSeller, via Electronic Transmission, notice of the required Periodic Advance Repurchase PaymentPayment (along with the calculation of the Unused Fee, if any, and a detailed calculation thereof, other amounts owed and to be paid under Section 2.8) on or prior to the fifth second (5th2nd) Business Day preceding each Payment Date. If the Sellers fail Seller fails to make all or part of the Periodic Advance Repurchase Payment and the other amounts due by 5:00 p.m., New York City time, 1:00 p.m. on the Payment Date, the Sellers Seller shall be obligated to pay to the Deal Agent as agent for the account of the Buyers Secured Parties (in addition to, and together with, the Periodic Advance Repurchase PaymentPayment and the other amounts due) interest on the unpaid amount of the Periodic Advance Repurchase Payment amounts at a rate per annum equal to the Post-–Default Rate (the “Late Payment Fee”) until the overdue Periodic Advance Repurchase Payment is unpaid amounts are received in full by the Deal Agent. If the Periodic Advance Repurchase Payment includes any estimated Price Differential, the Deal Agent for shall recalculate such Price Differential after the account of Payment Date and, if necessary, make adjustments to the BuyersPeriodic Advance Repurchase Payment amount due on the following Payment Date.