Purchased Contracts. The Initial Purchase Price is payable as follows: (i) partially in cash on the Closing Date, and (ii) the remainder shall be deemed to have been added to the outstanding balance of the subordinated note, dated as of December 15, 2000, payable by CNHCR to CNHCA and executed in connection with the Liquidity Receivables Purchase Agreement.
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Samples: B Purchase Agreement (CNH Capital Receivables LLC), Purchase Agreement (CNH Equipment Trust 2006-B), Purchase Agreement (CNH Equipment Trust 2007-A)
Purchased Contracts. The Initial Purchase Price is payable as follows: (i) partially in cash on the Closing Date, and (ii) the remainder shall be deemed to have been added to the outstanding balance of the subordinated note, dated as of December 15, 2000, payable paid by CNHCR to CNHCA and executed in connection with the Liquidity Receivables Purchase Agreementreturned by CNHCA to CNHCR as a contribution to capital.
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