Common use of Payment of Sale Price Clause in Contracts

Payment of Sale Price. (i) In consideration for each Sale of Sold Receivables hereunder, Buyer shall pay to the Originator thereof on the Transfer Date therefor the applicable Sale Price therefor in Dollars in immediately available funds. All cash payments by Buyer under this Section 2.01(c)(i) shall be effected by means of a wire transfer on the day when due to such account or accounts as the Originators may designate from time to time.

Appears in 2 contracts

Samples: Receivables Sale and Servicing Agreement (Synnex Corp), Receivables Sale and Servicing Agreement (Vertis Inc)

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Payment of Sale Price. (i) In consideration for each Sale of Sold Receivables hereunder, Buyer shall pay to the Originator thereof on the Transfer Date therefor the applicable Sale Price therefor in Dollars in immediately available funds. All cash payments by Buyer under this Section 2.01(c)(i) shall be effected on the day when due by means of a wire transfer on the of same day when due funds to such account or accounts as the Originators may designate from time to time.

Appears in 2 contracts

Samples: Funding Agreement (Td Synnex Corp), Receivables Sale and Servicing Agreement (Synnex Corp)

Payment of Sale Price. (i) In consideration for each Sale of Sold Receivables hereunder, Buyer shall pay to the Originator thereof on the Transfer Date therefor the applicable Sale Price therefor (x) in Dollars in immediately available fundsfunds or (y) with the proceeds of a Subordinated Loan as provided in clause (ii) below. All cash payments by Buyer under this Section 2.01(c)(i) shall be effected by means of a wire transfer on the day when due to such account or accounts as the Originators may designate from time to time.

Appears in 1 contract

Samples: Receivables Sale and Servicing Agreement (Georgia Gulf Corp /De/)

Payment of Sale Price. (i) In consideration for each Sale of Sold Receivables hereunder, Buyer shall pay to the Originator thereof on the Transfer Date therefor the applicable Sale Price therefor in Dollars in immediately available funds. All cash payments by Buyer under 727160102 10435078 2 this Section 2.01(c)(i) shall be effected on the day when due by means of a wire transfer on the of same day when due funds to such account or accounts as the Originators may designate from time to time.

Appears in 1 contract

Samples: Funding Agreement (Synnex Corp)

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Payment of Sale Price. (i) In consideration for each Sale of Sold Receivables hereunder, Buyer shall pay to the Originator thereof on the Transfer Date therefor the applicable Sale Price therefor in Dollars in immediately available funds. All cash payments by Buyer under 745039911 21696099 2 this Section 2.01(c)(i) shall be effected on the day when due by means of a wire transfer on the of same day when due funds to such account or accounts as the Originators may designate from time to time.

Appears in 1 contract

Samples: Receivables Sale and Servicing Agreement (Td Synnex Corp)

Payment of Sale Price. (i) In consideration for each Sale of Sold Receivables hereunderhereunder by an Originator, Buyer shall pay to the applicable Originator thereof on the Transfer Date therefor the applicable Sale Price therefor in Dollars in immediately available funds. All cash such payments by Buyer under this Section 2.01(c)(i2.01(c) shall be effected by means of a wire transfer on the day when due to such account or accounts as the Originators applicable Originator may designate from time to timedesignate.

Appears in 1 contract

Samples: Receivables Sale and Contribution Agreement (Wabash National Corp /De)

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