Sale Price. (a) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller on the Closing Date, the CEF Purchase Price for the CEF Assets sold and transferred by such Seller to the Purchaser on the Closing Date. The CEF Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.
Appears in 12 contracts
Samples: Receivables Sale Agreement (GE TF Trust), Receivables Sale Agreement (GE TF Trust), Receivables Sale Agreement (GE TF Trust)
Sale Price. (a) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller on the Closing Date, the CEF Cash Purchase Price for the CEF Assets sold and transferred by such Seller to the Purchaser on the Closing Date. The CEF Cash Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.
Appears in 6 contracts
Samples: Receivables Sale Agreement (Cef Equipment Holding LLC), Loan Sale Agreement (Cef Equipment Holding LLC), Loan Sale Agreement (Cef Equipment Holding LLC)
Sale Price. (a) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller on the Closing Date, the CEF Cash Purchase Price for the CEF Assets sold and transferred by such the Seller to the Purchaser on the Closing Date. The CEF Cash Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.
Appears in 3 contracts
Samples: Loan Sale Agreement (GE Equipment Transportation LLC, Series 2011-1), Loan Sale Agreement (GE Equipment Transportation LLC, Series 2011-1), Loan Sale Agreement (GE Equipment Midticket LLC, Series 2006-1)
Sale Price. (a) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable each Seller on the Closing Date, upon satisfaction of the CEF Purchase Price for applicable conditions set forth in Article III, an amount acknowledged by the applicable Seller and the Purchaser to be the fair market value of the CEF Assets that such Seller sold and transferred by such Seller to the Purchaser on under this Agreement (together the Closing Date. The “CEF Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.Price”). Receivables Sale Agreement
Appears in 2 contracts
Samples: Receivables Sale Agreement (GE Equipment Midticket LLC, Series 2012-1), Receivables Sale Agreement (GE Equipment Midticket LLC, Series 2012-1)
Sale Price. (aii) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller on the Closing Date, the CEF Cash Purchase Price for the CEF Assets sold and transferred by such the Seller to the Purchaser on the Closing Date. The CEF Cash Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.
Appears in 1 contract
Samples: Receivables Sale Agreement (Cef Equipment Holding LLC)
Sale Price. (aii) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller on the Closing Date, the CEF Cash Purchase Price for the CEF Assets sold and transferred by such Seller to the Purchaser on the Closing Date. The CEF Cash Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.
Appears in 1 contract
Samples: Receivables Sale Agreement (GE Equipment Midticket LLC, Series 2011-1)
Sale Price. (aii) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller on the Closing Date, the CEF Purchase Price for the CEF Assets sold and transferred by such Seller to the Purchaser on the Closing Date. The CEF Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.
Appears in 1 contract
Samples: Receivables Sale Agreement (GE Equipment Midticket LLC, Series 2011-1)
Sale Price. (a) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller on the Closing Date, the CEF Cash Purchase Price for the CEF Assets sold and transferred by such the Seller to the Purchaser on the Closing Date. The CEF Cash Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.
Appears in 1 contract
Sale Price. (a) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller on the Closing Date, the CEF [Cash] Purchase Price for the CEF Assets sold and transferred by such Seller to the Purchaser on the Closing Date. The CEF [Cash] Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.
Appears in 1 contract
Samples: Receivables Sale Agreement (Cef Equipment Holding LLC)