Receivables Purchase Price. On the Closing Date, Ally Auto shall pay to the Seller that portion of the Initial Aggregate Receivables Principal Balance as provided in Section 2.02.
Appears in 91 contracts
Sources: Pooling Agreement (Ally Auto Receivables Trust 2026-1), Pooling Agreement (Ally Auto Receivables Trust 2026-1), Pooling Agreement (Ally Auto Receivables Trust 2025- 1)
Receivables Purchase Price. On the [Initial] Closing Date, Ally Auto shall pay to the Seller that portion of the Initial Aggregate Receivables Principal Balance [and on each Subsequent Closing Date, Ally Auto shall pay the Seller that portion of the Aggregate Additional Receivables Principal Balance, in each case,] as provided in Section 2.02.
Appears in 7 contracts
Sources: Pooling Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC)