Common use of Timing of Repurchase; Notice to Seller Clause in Contracts

Timing of Repurchase; Notice to Seller. At any time, Seller shall pay to Buyer the Repurchase Price with respect to a particular Receivable, in immediately available funds, within five (5) days of Buyer's transmission to Seller of notice that such Receivable meets or met, during the Recourse Period, the conditions for repurchase set forth in Section 3.2(d).

Appears in 2 contracts

Samples: Bulk Receivables Purchase and Sale Agreement (Nicholas Financial Inc), Bulk Receivables Purchase and Sale Agreement (Nicholas Financial Inc)

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Timing of Repurchase; Notice to Seller. At any time, Seller shall pay to Buyer the Repurchase Price with respect to a particular Receivable, in immediately available funds, within five (5) days of Buyer's transmission to Seller of notice that such Receivable meets or met, during the Recourse Period, the conditions for repurchase set forth in Section 3.2(d).

Appears in 1 contract

Samples: Bulk Receivables Purchase and Sale Agreement (Nicholas Financial Inc)

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Timing of Repurchase; Notice to Seller. At any time, Seller shall pay to Buyer the Repurchase Price with respect to a particular Receivable, in immediately available funds, within five (5) days of Buyer's ’s transmission to Seller of notice that such Receivable meets or met, during the Recourse Period, the conditions for repurchase set forth in Section 3.2(d).

Appears in 1 contract

Samples: Receivables Purchase and Sale Agreement (Money Tree, Inc.)

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