Subsequent Receivables Purchase Price Clause Samples
Subsequent Receivables Purchase Price. In consideration for the Subsequent Receivables and the other property related thereto described in Section 2.1(b) to be sold, transferred, assigned and otherwise conveyed to the Purchaser on the related Subsequent Transfer Date, the Purchaser shall, on or prior to such Subsequent Transfer Date, pay to or upon the order of the Seller an amount (the related "Subsequent Receivables Purchase Price") equal to the aggregate Principal Balance of the Subsequent Receivables as of the related Subsequent Cutoff Date, plus any premium or minus any discount agreed upon by the Seller and the Purchaser. Any Subsequent Receivables Purchase Price shall be payable as follows: (i) cash in the amount released to the Purchaser from the Pre- Funding Account pursuant to Section 4.8(a) of the Sale and Servicing Agreement shall be paid to or upon the order of the Seller on the related Subsequent Transfer Date by federal wire transfer (same day funds) and the balance paid in cash as and when amounts are released to, or otherwise realized by, the Purchaser from the Reserve Account and the Negative Carry Account in accordance with the Sale and Servicing Agreement; or (ii) as otherwise agreed by the Seller and the Purchaser.
Subsequent Receivables Purchase Price. On the Subsequent Closing Date, the Purchaser shall have delivered to the Seller the purchase price specified in Section 3 of this Agreement.
Subsequent Receivables Purchase Price. In consideration for the Subsequent Receivables and other Subsequent Transferred Property described in Section 2.3(a), the Transferor shall pay the related amount (the "Subsequent Receivables Purchase Price") to the Originator. In addition, on each Subsequent Transfer Date, the Originator will be deemed to have made a capital contribution to the Transferor equal to the difference between the Principal Balance of the Receivables (as of the related Subsequent Cut-off Date) transferred by the Originator to the Transferor on such date and the cash proceeds so received by the Originator in consideration thereof. All monies paid to the Originator pursuant to this Section 2.3(b) shall be paid by federal wire transfer (same day) funds.
Subsequent Receivables Purchase Price. On the related Subsequent Transfer Date, the Transferor shall deliver to, or at the direction of, the Originator, the related Subsequent Receivables Purchase Price as provided in Section 2.3(b), pursuant to wire instructions to be delivered to the Transferor on or prior to the related Subsequent Transfer Date.
Subsequent Receivables Purchase Price. Simultaneously with the conveyance of the Subsequent Receivables and the Subsequent Other Conveyed Property with respect thereto by Triad to the Company, on each Subsequent Transfer Date the Company shall pay to Triad the Purchase Price of the Subsequent Receivables sold by Triad to the Company.
Subsequent Receivables Purchase Price. Simultaneously with each conveyance of Subsequent Receivables and the Other Conveyed Property with respect thereto by PAC to Paragon Auto, on the applicable Subsequent Transfer Date, Paragon Auto shall pay to PAC the Purchase Price of the Subsequent Receivables sold by PAC to Paragon Auto.