Common use of The Closings Clause in Contracts

The Closings. The consummation of each purchase and sale contemplated by Section 2.01 or Section 2.02 (each, a “Lease Purchase Closing”) shall take place on the related Lease Purchase Date, and at such place and at such time as Harco Leasing and NFC may agree upon. In consideration for the Series 2005-A Portfolio Assets sold at each Lease Purchase Closing, NFC shall pay to Harco Leasing on such Lease Purchase Date an amount equal to the aggregate Starting Receivable Balance as of the related Cutoff Date (the “Lease Purchase Price”) of the Retail Leases being so sold (the “Designated Retail Leases”) on such Lease Purchase Date. The Lease Purchase Price shall be paid to Harco Leasing in immediately available funds.

The Closings. The consummation of each purchase and sale contemplated by Section 2.01 or Section 2.02 (each, a “Lease Purchase Closing”) shall take place on the related Lease Purchase Date, and at such place and at such time as Harco Leasing and NFC may agree upon. In consideration for the Series 20052004-A Portfolio Assets sold at each Lease Purchase Closing, NFC shall pay to Harco Leasing on such Lease Purchase Date an amount equal to the aggregate Starting Receivable Balance as of the related Cutoff Date (the “Lease Purchase Price”) of the Retail Leases being so sold (the “Designated Retail Leases”) on such Lease Purchase Date. The Lease Purchase Price shall be paid to Harco Leasing in immediately available funds.

The Closings. The consummation of each purchase and sale contemplated by Section 2.01 or Section 2.02 (each, a “"Lease Purchase Closing”") shall take place on the related Lease Purchase Date, and at such place and at such time as Harco Leasing and NFC may agree upon. In consideration for the Series 20052003-A Portfolio Assets sold at each Lease Purchase Closing, NFC shall pay to Harco Leasing on such Lease Purchase Date an amount equal to the aggregate Starting Receivable Balance as of the related Cutoff Date (the “"Lease Purchase Price”") of the Retail Leases being so sold (the “"Designated Retail Leases”") on such Lease Purchase Date. The Lease Purchase Price shall be paid to Harco Leasing in immediately available funds.

The Closings. The consummation of each purchase and sale contemplated by Section 2.01 or Section 2.02 (each, a “"Lease Purchase Closing”") shall take place on the related Lease Purchase Date, and at such place and at such time as Harco Leasing and NFC may agree upon. In consideration for the Series 20052003-A B Portfolio Assets sold at each Lease Purchase Closing, NFC shall pay to Harco Leasing on such Lease Purchase Date an amount equal to the aggregate Starting Receivable Balance as of the related Cutoff Date (the “"Lease Purchase Price”") of the Retail Leases being so sold (the “"Designated Retail Leases”") on such Lease Purchase Date. The Lease Purchase Price shall be paid to Harco Leasing in immediately available funds.

The Closings. The consummation of each purchase and sale contemplated by Section 2.01 or Section 2.02 (each, a “"Lease Purchase Closing”") shall take place on the related Lease Purchase Date, and at such place and at such time as Harco Leasing and NFC may agree upon. In consideration for the Series 20052002-A B Portfolio Assets sold at each Lease Purchase Closing, NFC shall pay to Harco Leasing on such Lease Purchase Date an amount equal to the aggregate Starting Receivable Balance as of the related Cutoff Date (the “"Lease Purchase Price”") of the Retail Leases being so sold (the “"Designated Retail Leases”") on such Lease Purchase Date. The Lease Purchase Price shall be paid to Harco Leasing in immediately available funds.

The Closings. The consummation of each purchase and sale contemplated by Section 2.01 or Section 2.02 (each, a “Lease Purchase Closing”) shall take place on the related Lease Purchase Date, and at such place and at such time as Harco Leasing and NFC may agree upon. In consideration for the Series 20052004-A B Portfolio Assets sold at each Lease Purchase Closing, NFC shall pay to Harco Leasing on such Lease Purchase Date an amount equal to the aggregate Starting Receivable Balance as of the related Cutoff Date (the “Lease Purchase Price”) of the Retail Leases being so sold (the “Designated Retail Leases”) on such Lease Purchase Date. The Lease Purchase Price shall be paid to Harco Leasing in immediately available funds.