Sale of Loans to Depositor. (a) On the terms and conditions of this Agreement, on each Transfer Date, the Loan Originator agrees to offer for sale, and to sell, a portion of each of the Loans (equal to the Sales Price therefor) to the Depositor and to contribute to the capital stock of the Depositor the balance of each of the Loans and to deliver the related Loan Documents to or at the direction of the Depositor. To the extent the Depositor has or is able to obtain sufficient funds to pay the Sales Price thereof, the Depositor agrees to purchase such Loans offered for sale by the Loan Originator.
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Samples: Loan Purchase and Contribution Agreement (H&r Block Inc), Loan Purchase and Contribution Agreement (H&r Block Inc)
Sale of Loans to Depositor. (a) On the terms and conditions of this Purchase Agreement, on each Transfer Date, the Loan Originator agrees to offer for sale, sale and to sell, a portion of each of the Loans (equal to the Sales Price therefor) to the Depositor and to contribute to the capital stock of the Depositor the balance of each of the sell Loans and to deliver the related Loan Documents to or at the direction of the Depositor. To the extent the Depositor has or is able to obtain sufficient funds to pay for the Sales Price purchase thereof, the Depositor agrees to purchase such Loans offered for sale by the Loan Originator.
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Samples: Loan Purchase Agreement (Franchise Finance Corp of America)
Sale of Loans to Depositor. (a) On the terms and conditions of this Purchase Agreement, on each Transfer Date, the Loan Originator Originator, in consideration of the partnership interests which it is receiving in the Depositor and the other consideration described below, agrees to offer for sale, sale and to sell, a portion of each of the Loans (equal to the Sales Price therefor) to the Depositor and to contribute to the capital stock of the Depositor the balance of each of the sell Loans and to deliver the related Loan Documents to or at the direction of the Depositor. To the extent the Depositor has or is able to obtain sufficient funds to pay for the Sales Price purchase thereof, the Depositor agrees to purchase such Loans offered for sale by the Loan Originator.
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