Common use of Special Funding Procedures in connection with Forward Flow Purchase Agreements Clause in Contracts

Special Funding Procedures in connection with Forward Flow Purchase Agreements. In connection with a periodic purchase of a portion of an Asset Pool under a Forward Flow Purchase Agreement, the Borrower shall provide the Lender with not less than three (3) Business Days prior written notice of the Borrowing Date for the purchase of such portion of an Asset Pool under such Forward Flow Purchase Agreement, the Total Cost of such portion of the Asset Pool to be purchased on the Borrowing Date and the amount of the advance of the Loan which the Borrower requests the Lender to fund on the Borrowing Date in connection with such portion of the Asset Pool to be purchased on the Borrowing Date. On the Business Day immediately preceding a Borrowing Date for the purchase of a portion of an Asset Pool under a Forward Flow Purchase Agreement, the Borrower shall transfer to the Lender the Borrower's Asset Pool Equity Contribution for such portion of the Asset Pool to be purchased on such Borrowing Date net of all Purchase Expenses paid or incurred by the Borrower with respect to such portion of the Asset Pool to be purchased on such Borrowing Date. Upon receipt by the Lender of such funds from the Borrower and upon satisfaction of all applicable conditions set forth in Article IV and elsewhere in this Agreement, the Lender shall make the applicable advance of the Loan to the Borrower by transferring the amount of such advance of the Loan, together with that portion of the Borrower's Asset Pool Equity contribution received by the Lender, to the Asset Pool Seller (or in whole or in part to the Parent or a Purchase Affiliate, as applicable, in connection with an assignment under Section 2.1(g), but only as specified in an Accepted Borrowing Request) in purchase of that portion of the related Asset Pool on (or immediately prior to) the closing date for the purchase of such portion of such Asset Pool.

Special Funding Procedures in connection with Forward Flow Purchase Agreements. In connection with a periodic purchase of a portion of an Asset Pool under a Forward Flow Purchase Agreement, the Borrower shall provide the Lender with not less than three (3) Business Days prior written notice of the Borrowing Date for the purchase of such portion of an Asset Pool under such Forward Flow Purchase Agreement, the Total Cost of such portion of the Asset Pool to be purchased on the Borrowing Date and the amount of the advance of the Loan which the Borrower requests the Lender to fund on the Borrowing Date in connection with such portion of the Asset Pool to be purchased on the Borrowing Date. On the Business Day immediately preceding a Borrowing Date for the purchase of a portion of an Asset Pool under a Forward Flow Purchase Agreement, the Borrower shall transfer to the Lender proceeds of the Borrower's Asset Pool Equity Contribution for such portion of the Asset Pool to be purchased on such Borrowing Date to the Disbursement Account net of all Purchase Expenses paid or incurred by the Borrower with respect to such portion of the Asset Pool to be purchased on such Borrowing Date. Upon receipt by the Lender deposit of such funds from Asset Pool Contribution in the Borrower Disbursement Account and upon satisfaction of all applicable conditions set forth in Article IV and elsewhere in this Agreement, the Lender shall make the applicable advance of the Loan to the Borrower by transferring the amount of the Loan to the Disbursement Account, whereupon Lender shall authorize the disbursement from the Disbursement Account of such advance of the Loan, amount together with that portion of the Borrower's ’s Asset Pool Equity contribution received by Contribution deposited in the Lender, Disbursement Account to the Asset Pool Seller (or in whole or in part to the Parent or a Purchase Affiliate, as applicable, in connection with an assignment under Section 2.1(g), but only as specified in an Accepted Borrowing Request) in purchase of that portion of the related Asset Pool on (or immediately prior to) the closing date for the purchase of such portion of such Asset Pool.

Special Funding Procedures in connection with Forward Flow Purchase Agreements. In connection with a periodic purchase of a portion of an Asset Pool under a Forward Flow Purchase Agreement, the Borrower shall provide the Lender with not less than three (3) Business Days prior written notice of the Borrowing Date for the purchase of such portion of an Asset Pool under such Forward Flow Purchase Agreement, the Total Cost of such portion of the Asset Pool to be purchased on the Borrowing Date and the amount of the advance of the Loan which the Borrower requests the Lender to fund on the Borrowing Date in connection with such portion of the Asset Pool to be purchased on the Borrowing Date. On the Business Day immediately preceding a Borrowing Date for the purchase of a portion of an Asset Pool under a Forward Flow Purchase Agreement, the Borrower shall transfer to the Lender the Borrower's ’s Asset Pool Equity Contribution for such portion of the Asset Pool to be purchased on such Borrowing Date net of all Purchase Expenses paid or incurred by the Borrower with respect to such portion of the Asset Pool to be purchased on such Borrowing Date. Upon receipt by the Lender of such funds from the Borrower and upon satisfaction of all applicable conditions set forth in Article IV and elsewhere in this Agreement, the Lender shall make the applicable advance of the Loan to the Borrower by transferring the amount of such advance of the Loan, together with that portion of the Borrower's ’s Asset Pool Equity contribution received by the Lender, to the Asset Pool Seller (or in whole or in part to the Parent or a Purchase Affiliate, as applicable, in connection with an assignment under Section 2.1(g), but only as specified in an Accepted Borrowing Request) in purchase of that portion of the related Asset Pool on (or immediately prior to) the closing date for the purchase of such portion of such Asset Pool.