Common use of Payment of Purchase Price for the Contracts Clause in Contracts

Payment of Purchase Price for the Contracts. In consideration of the sale of the Contracts from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date by transfer of immediately available funds, an amount equal to $168,206,061.85 (the "Purchase Price"), and to transfer to, or upon order of, the Seller on the Closing Date the Trust Certificates and the Class B-2 Notes.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Origen Manufactured Housing Contract Trust 2004-B), Asset Purchase Agreement (Origen Residential Securities, Inc.)

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Payment of Purchase Price for the Contracts. In consideration of the sale of the Contracts from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date by transfer of immediately available funds, an amount equal to $168,206,061.85 154,746,816.46 (the "Purchase Price"), and to transfer to, or upon order of, the Seller on the Closing Date the Trust Certificates and the Class B-2 NotesCertificates.

Appears in 1 contract

Samples: Asset Purchase Agreement (Origen Residential Securities, Inc.)

Payment of Purchase Price for the Contracts. In consideration of the sale of the Contracts from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date by transfer of immediately available funds, an amount equal to $168,206,061.85 164,654,122.34 (the "Purchase Price"), and to transfer to, or upon order of, the Seller on the Closing Date the Trust Certificates and the Class B-2 NotesCertificates.

Appears in 1 contract

Samples: Asset Purchase Agreement (Origen Residential Securities, Inc.)

Payment of Purchase Price for the Contracts. In consideration of the sale of the Contracts from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date by transfer of immediately available funds, an amount equal to $168,206,061.85 224,185,595.52 (the "Purchase Price"), and to transfer to, or upon order of, the Seller on the Closing Date the Trust Certificates and the Class B-2 NotesCertificates.

Appears in 1 contract

Samples: Asset Purchase Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2006-A)

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Payment of Purchase Price for the Contracts. In consideration of the sale of the Contracts from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date by transfer of immediately available funds, an amount equal to $168,206,061.85 200,423,695.60 (the "Purchase Price"), and to transfer to, or upon order of, the Seller on the Closing Date the Trust Certificates and the Class B-2 NotesCertificates.

Appears in 1 contract

Samples: Asset Purchase Agreement (Origen Residential Securities, Inc.)

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