Common use of Receivables Purchase Price Clause in Contracts

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.35. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,118,470,195.45. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31998,302,473.00, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04120,167,722.45. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,108,940,649.63. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31768,448,391.91, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04340,492,257.72. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.35988,472,639.22. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31677,173,404.77, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04311,299,234.45. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,120,998,037.60. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31753,649,799.00, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04367,348,238.60. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,083,905,566.10. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31758,686,746.59, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04325,218,819.51. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,119,773,433.38. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.311,021,728,846.60, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.0498,044,586.78. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,050,522,784.44. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31937,635,763.15, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04112,887,021.29. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,120,998,466.76. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31784,045,707.90, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04336,952,758.86. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.35559,999,919.78. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31497,959,162.81, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.0462,040,756.97. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,061,279,380.05. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31754,970,358.04, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04306,309,022.00. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,071,953,466.28. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31734,590,923.64, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04337,362,542.64. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,259,419,436.55. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31895,996,841.93, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04363,422,594.62. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,054,350,237.90. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31790,736,532.07, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04263,613,705.83. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,343,562,170.50. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.311,254,302,632.23, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.0489,259,538.27. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,121,999,935.31. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.311,056,038,477.34, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.0465,961,457.97. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,119,013,479.86. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31998,847,539.55, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04120,165,940.31. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,084,569,770.68. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31967,997,739.93, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04116,572,030.75. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.352,014,324,510.27. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.311,387,039,330.28, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04627,285,179.99. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,116,603,712.29. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31[1,053,782,993.87], shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04[62,820,718.42]. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,019,852,295.52. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31990,707,741.69, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.0429,144,553.83. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,116,603,712.29. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.311,084,379,234.59, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.0432,224,477.70. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,057,998,087.93. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31[1,026,552,792.35], shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04[31,445,295.58]. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,107,866,076.72. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31988,910,271.15, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04118,955,805.57. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,057,998,087.93. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.311,026,552,792.35, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.0431,445,295.58. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,019,852,295.52. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31[959,937,842.25], shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04[59,914,453.27]. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.

Receivables Purchase Price. In consideration for the Purchased Property, Ally Auto shall, on the Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $1,119,999,920.351,107,866,076.72. A portion of the Initial Aggregate Receivables Principal Balance, equal to $999,650,198.31991,679,936.34, shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from Seller to Ally Auto), equal to $120,349,722.04116,186,140.38. The amount of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.