Common use of TERMS, CONDITIONS AND COVENANTS Clause in Contracts

TERMS, CONDITIONS AND COVENANTS. In consideration of the Purchase Price, each of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby sells to the Eligible Lender Trustee for the benefit of the Purchaser the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans accepted for purchase, subject to all the terms and conditions of the Sale Agreement Master Securitization Terms Number 1000 ("Master Sale Terms") and amendments, each incorporated herein by reference, among Seller, Interim Eligible Lender Trustee, Purchaser, and the Eligible Lender Trustee. The Initial Payment of the Loans shall equal $1,522,719,351 (equal to $1,526,473,711 (representing the sale price of the Securities less underwriters' commissions and fees) less $3,754,360 (representing the Reserve Account Initial Deposit)).

TERMS, CONDITIONS AND COVENANTS. In consideration of the Purchase Price, each of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby sells to the Eligible Lender Trustee for the benefit of the Purchaser the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans accepted for purchase, subject to all the terms and conditions of the Sale Agreement Master Securitization Terms Number 1000 ("Master Sale Terms") and amendments, each incorporated herein by reference, among Seller, Interim Eligible Lender Trustee, Purchaser, and the Eligible Lender Trustee. The Initial Payment of the Loans shall equal $1,522,719,351 1,528,317,464 (equal to $1,526,473,711 1,532,070,819 (representing the sale price of the Securities less underwriters' commissions and fees) less $3,754,360 3,753,355 (representing the Reserve Account Initial Deposit)).

TERMS, CONDITIONS AND COVENANTS. In consideration of the Purchase Price, each of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby sells to the Eligible Lender Trustee for the benefit of the Purchaser the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans accepted for purchase, subject to all the terms and conditions of the Sale Agreement Master Securitization Terms Number 1000 ("Master Sale Terms") and amendments, each incorporated herein by reference, among the Seller, the Interim Eligible Lender Trustee, the Purchaser, and the Eligible Lender Trustee. The Initial Payment of the Loans shall equal $1,522,719,351 1,332,739,932 (equal to $1,526,473,711 1,336,054,200 (representing the sale price of the Securities less underwriters' commissions and fees) less $3,754,360 3,314,268 (representing the Reserve Account Initial Deposit)) less $0 (representing the Capitalized Interest Account Initial Deposit).

TERMS, CONDITIONS AND COVENANTS. In consideration of the Purchase Price, each of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby sells to the Eligible Lender Trustee for the benefit of the Purchaser the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans accepted for purchase, subject to all the terms and conditions of the Sale Agreement Master Securitization Terms Number 1000 ("Master Sale Terms") and amendments, each incorporated herein by reference, among Seller, Interim Eligible Lender Trustee, Purchaser, and the Eligible Lender Trustee. The Initial Payment of the Loans shall equal $1,522,719,351 1,016,338,721 (equal to $1,526,473,711 1,026,840,200 (representing the sale offering price of the Securities less underwriters' commissions and feesreimbursements to the underwriters) less $3,754,360 2,501,479 (representing the Reserve Account Initial Deposit) less $8,000,000 (representing the initial deposit into the Collection Account)).

TERMS, CONDITIONS AND COVENANTS. In consideration of the Purchase Price, each of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby sells to the Eligible Lender Trustee for the benefit of the Purchaser the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans accepted for purchase, subject to all the terms and conditions of the Sale Agreement Master Securitization Terms Number 1000 ("Master Sale Terms") and amendments, each incorporated herein by reference, among the Seller, the Interim Eligible Lender Trustee, the Purchaser, and the Eligible Lender Trustee. The Initial Payment of the Loans shall equal $1,522,719,351 1,525,369,126 (equal to $1,526,473,711 1,529,136,981 (representing the sale price of the Securities less underwriters' commissions and fees) less $3,754,360 3,757,855 (representing the Reserve Account Initial Deposit) less $0 (representing the Capitalized Interest Account Initial Deposit) less $10,000 (representing the upfront fee on the Swap Agreement)).

TERMS, CONDITIONS AND COVENANTS. In consideration of the Purchase Price, each of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby sells to the Eligible Lender Trustee for the benefit of the Purchaser the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans accepted for purchase, subject to all the terms and conditions of the Sale Agreement Master Securitization Terms Number 1000 ("Master Sale Terms") and amendments, each incorporated herein by reference, among Seller, Interim Eligible Lender Trustee, Purchaser, and the Eligible Lender Trustee. The Initial Payment of the Loans shall equal $1,522,719,351 1,518,030,827 (equal to $1,526,473,711 1,530,721,656 (representing the sale price of the Securities less underwriters' commissions and fees) less $3,754,360 3,750,829 (representing the Reserve Account Initial Deposit) less $8,500,000 (representing the Capitalized Interest Account Initial Deposit) less $440,000 (representing the upfront fee on the Swap Agreement)).

TERMS, CONDITIONS AND COVENANTS. In consideration of the Purchase Price, each of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby sells to the Eligible Lender Trustee for the benefit of the Purchaser the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans accepted for purchase, subject to all the terms and conditions of the Sale Agreement Master Securitization Terms Number 1000 ("Master Sale Terms") and amendments, each incorporated herein by reference, among the Seller, the Interim Eligible Lender Trustee, the Purchaser, and the Eligible Lender Trustee. The Initial Payment of the Loans shall equal $1,522,719,351 1,524,091,503 (equal to $1,526,473,711 1,527,877,800 (representing the sale price of the Securities less underwriters' commissions and fees) less $3,754,360 3,743,797 (representing the Reserve Account Initial Deposit) less $0 (representing the Capitalized Interest Account Initial Deposit) less $42,500 (representing the upfront fee on the Swap Agreement)).

TERMS, CONDITIONS AND COVENANTS. In consideration of the Purchase Price, each of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby sells to the Eligible Lender Trustee for the benefit of the Purchaser the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans accepted for purchase, subject to all the terms and conditions of the Sale Agreement Master Securitization Terms Number 1000 ("Master Sale Terms") and amendments, each incorporated herein by reference, among Seller, Interim Eligible Lender Trustee, Purchaser, and the Eligible Lender Trustee. The Initial Payment of the Loans shall equal $1,522,719,351 2,552,477,117.75 (equal to $1,526,473,711 2,558,734,833.75 (representing the sale price of the Securities less underwriters' commissions and fees) less $3,754,360 6,257,716 (representing the Reserve Account Initial Deposit)).

TERMS, CONDITIONS AND COVENANTS. In consideration of the Purchase Price, each of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller hereby sells to the Eligible Lender Trustee for the benefit of the Purchaser the entire right, title and interest of the Seller and the Interim Eligible Lender Trustee in the Loans accepted for purchase, subject to all the terms and conditions of the Sale Agreement Master Securitization Terms Number 1000 ("Master Sale Terms") and amendments, each incorporated herein by reference, among Seller, Interim Eligible Lender Trustee, Purchaser, and the Eligible Lender Trustee. The Initial Payment of the Loans shall equal $1,522,719,351 2,039,022,394 (equal to $1,526,473,711 2,044,057,624 (representing the sale offering price of the Securities less underwriters' commissions and feescommissions) less $3,754,360 5,010,230 (representing the Reserve Account Initial Deposit)) less $25,000 (representing the initial deposit into the Collection Account).