Common use of Settlement of the Initial Payment Clause in Contracts

Settlement of the Initial Payment. The Purchaser on the date of the Xxxx of Sale shall pay the Seller the Initial Payment by wire transfer in immediately available funds to the account specified by the Seller.

Appears in 14 contracts

Samples: Sale Agreement, Sale Agreement, Sale Agreement (SLM Private Credit Student Loan Trust 2005-A)

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Settlement of the Initial Payment. The On the Closing Date, the Purchaser on the date of the Xxxx of Sale shall pay the Seller the Initial Payment by wire transfer in immediately available funds to the account specified by the Seller.

Appears in 9 contracts

Samples: Master Terms Sale Agreement (SLC Student Loan Trust 2010-1), Master Terms Sale Agreement (SLC Student Loan Receivables I Inc), Master Terms Sale Agreement (SLC Student Loan Trust 2008-2)

Settlement of the Initial Payment. The Purchaser on the date of the Xxxx of Sale shall pay the Seller the Initial Payment by wire transfer in immediately available funds to the account specified by the Seller.

Appears in 9 contracts

Samples: Sale Agreement (SLM Education Credit Funding LLC), Sale Agreement (SLM Education Credit Funding LLC), Sale Agreement (SLM Education Credit Funding LLC)

Settlement of the Initial Payment. The Purchaser on the date of the Xxxx Bxxx of Sale shall pay the Seller the Initial Payment by wire transfer in immediately available funds to the account specified by the Seller.

Appears in 6 contracts

Samples: Purchase Agreement (SLM Private Credit Student Loan Trust 2006-C), Purchase Agreement (SLM Private Credit Student Loan Trust 2006-C), Sale Agreement (SLM Private Credit Student Loan Trust 2006-C)

Settlement of the Initial Payment. The Purchaser on the date of the Xxxx Bill of Sale shall pay the Seller the Initial Payment by wire transfer in immediately xxxediately available funds to the account specified by the Seller.

Appears in 2 contracts

Samples: Sale Agreement (SLM Education Credit Funding LLC), Sale Agreement (SLM Education Credit Funding LLC)

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Settlement of the Initial Payment. The Purchaser on the date of the Xxxx Bill of Sale shall pay the Seller the Initial Payment by wire transfer in transfex xx immediately available funds to the account specified by the Seller.

Appears in 1 contract

Samples: Sale Agreement (SLM Education Credit Funding LLC)

Settlement of the Initial Payment. The Purchaser on the date of the Xxxx Bxxx of Sale shall pay the Seller the Initial Payment by wire transfer in immediately available funds to the account specified by the Seller.

Appears in 1 contract

Samples: Sale Agreement (SLM Education Credit Funding LLC)

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