Common use of Additional Receivables Clause in Contracts

Additional Receivables. In consideration for the Additional Purchased Property to be sold by GMAC to ▇▇▇▇, ▇▇▇▇ shall, on each related Subsequent Closing Date, pay to GMAC an amount equal to the Aggregate Additional Receivables Principal Balance in respect of the Additional Receivables sold on such date and GMAC shall execute and deliver to ▇▇▇▇ a First Step Additional Receivables Assignment in the form attached hereto as Exhibit B (the "First Step Additional Receivables Assignment"). The First Step Initial Receivables Assignment and each First Step Additional Receivables Assignment are collectively referred to herein as the "First Step Receivables Assignments."

Additional Receivables. In consideration for the Additional Purchased Property to be sold by GMAC to ▇▇▇▇, ▇▇▇▇ shall, on each related Subsequent Additional Closing Date, pay to GMAC an amount equal to the Aggregate Additional Receivables Discounted Principal Balance in respect of the Additional Receivables sold on such date and GMAC shall execute and deliver to ▇▇▇▇ a First Step Additional Receivables Assignment in the form attached hereto as Exhibit B (the "First Step Additional Receivables Assignment"). The First Step Initial Receivables Assignment and each First Step Additional Receivables Assignment are collectively referred to herein as the "First Step Receivables Assignments."

Additional Receivables. In consideration for the Additional Purchased Property to be sold by GMAC to ▇▇▇▇, ▇▇▇▇ shall, on each the related Subsequent Additional Closing DateDates, pay to GMAC an amount equal to the Aggregate Additional Receivables Discounted Principal Balance in respect of the Additional Receivables sold on such date and GMAC shall execute and deliver to ▇▇▇▇ a First Step Additional Receivables Assignment in the form attached hereto as Exhibit B (the "First Step Additional Receivables Assignment"). The First Step Initial Receivables Assignment and each First Step Additional Receivables Assignment are collectively referred to herein as the "First Step Receivables Assignments."