Purchased Amounts Sample Clauses

The 'Purchased Amounts' clause defines the specific quantities or values of goods, services, or assets that a buyer has agreed to acquire under a contract. It typically outlines how these amounts are determined, such as through purchase orders, schedules, or fixed quantities, and may specify whether the amounts are minimum commitments or subject to adjustment. This clause ensures both parties have a clear understanding of the buyer's obligations, reducing the risk of disputes over what has been purchased and facilitating accurate fulfillment and billing.
Purchased Amounts. The Servicer or the Seller, as applicable, shall deposit or cause to be deposited in the Collection Account, on the date specified in Section 3.03 or Section 4.07, the aggregate Purchased Amount with respect to Purchased Receivables and the Servicer shall deposit therein all amounts to be paid under Section 4.07. All such deposits with respect to any such date which is a Payment Date shall be made in immediately available funds on or before the Business Day preceding such Payment Date. The Servicer shall deposit or cause to be deposited into the Collection Account, on the date specified in Section 9.01, (i) the aggregate Purchased Amount with respect to all Receivables pursuant to the Servicer’s exercise of the Optional Purchase, less (ii) the amounts on deposit in the Reserve Account on the date of such Optional Purchase. Notice of this amount shall be provided in writing by the applicable party to the Indenture Trustee.
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Purchased Amounts. The Servicer or the Seller shall deposit or cause to be deposited in the Collection Account, on the Business Day preceding each Payment Date, the aggregate Purchased Amount with respect to Purchased Receivables and the Servicer shall deposit therein all amounts to be paid under Section 4.07. Notice of this amount shall be provided in writing by the applicable party to the Indenture Trustee.
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Purchased Amounts. The Servicer or the Seller, as applicable, shall deposit or cause to be deposited in the Collection Account, on the date specified in Section 3.03 or Section 4.07, the aggregate Purchased Amount with respect to Purchased Receivables and the Servicer shall deposit therein all amounts to be paid under Section 4.07. All such deposits with respect to any such date which is a Payment Date shall be made in immediately available funds on or before the Business Day preceding such Payment Date. Notice of this amount shall be provided in writing by the applicable party to the Indenture Trustee.
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Related to Purchased Amounts

  • Excluded Amounts With the prior written consent of the Administrative Agent, the Collateral Manager may direct the Collateral Agent and the Securities Intermediary to withdraw from the Collection Account and pay to the Person entitled thereto any amounts credited thereto constituting Excluded Amounts if the Collateral Manager has, prior to such withdrawal and consent, delivered to the Administrative Agent, the Collateral Agent, the Borrower and each Lender a report setting forth the calculation of such Excluded Amounts in form and substance reasonably satisfactory to the Administrative Agent and each Lender.

  • Receivables Purchase Price On the Closing Date, the Purchaser shall deliver to the Seller the Receivables Purchase Price, as provided in Section 2.1(b).