Common use of Payment to the Originators Clause in Contracts

Payment to the Originators. With respect to any Receivable purchased by the Borrower from an Originator, such sale shall be effected under, and in compliance with the terms of, the Receivables Sale Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to the applicable Originator in respect of the purchase price for such Receivable.

Payment to the Originators. With respect to any Receivable purchased by the Borrower Seller from an any Originator, such sale shall be effected under, and in strict compliance with the terms of, the Receivables Sale Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to the applicable Originator in respect of the purchase price for such Receivable.

Payment to the Originators. With respect to any Receivable purchased by the Borrower Seller from an any other Originator, such sale shall be effected under, and in strict compliance with the terms of, the Receivables Sale applicable Transfer Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to the applicable Originator in respect of the purchase price for such Receivable.

Payment to the Originators. With respect to any Receivable -------------------------- purchased by the Borrower Seller from an Originator, such sale shall be effected under, and in strict compliance with the terms of, the Receivables Sale Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to the applicable Originator in respect of the purchase price for such Receivable.