Common use of Consideration for Initial Receivables Clause in Contracts

Consideration for Initial Receivables. In consideration of the absolute assignment by the Transferor to the Purchaser of the Initial Receivables and the other Trust Property relating thereto described in Section 2.01(a) the Purchaser shall pay or cause to be paid to the Transferor, on the Closing Date, an amount equal to the Receivables Purchase Price with respect to Initial Receivables acquired from the Transferor on such date in the form of cash by federal wire transfer (same day) funds and the Transferor shall make a capital contribution to the Purchaser on the Closing Date of Initial Receivables in an amount equal to 1.00% of the Aggregate Receivables Balance of such Receivables as of the applicable Cutoff Date.

Consideration for Initial Receivables. In consideration of the absolute assignment by the Transferor to the Purchaser of the Initial Receivables and the other Trust Property relating thereto described in Section 2.01(a) the Purchaser shall pay or cause to be paid to the Transferor, on the Closing Date, an amount equal to the Receivables Purchase Price with respect to Initial Receivables acquired from the Transferor on such date in the form of cash by federal wire transfer (same day) funds and the Transferor shall make a capital contribution to the Purchaser on the Closing Date of Initial Receivables in an amount equal to 1.003.90% of the Aggregate Receivables Balance of such Receivables as of the applicable Cutoff Date.

Consideration for Initial Receivables. In consideration of the absolute assignment by the Transferor to the Purchaser of the Initial Receivables and the other Trust Property relating thereto described in Section 2.01(a) the Purchaser shall pay or cause to be paid to the Transferor, on the Closing Date, an amount equal to the Receivables Purchase Price with respect to Initial Receivables acquired from the Transferor on such date in the form of cash by federal wire transfer (same day) funds and the Transferor shall make a capital contribution to the Purchaser on the Closing Date of Initial Receivables in an amount equal to 1.002.75% of the Aggregate Receivables Balance of such Receivables as of the applicable Cutoff Date.

Consideration for Initial Receivables. In consideration of the absolute assignment by the Transferor to the Purchaser of the Initial Receivables and the other Trust Property relating thereto described in Section 2.01(a) the Purchaser shall pay or cause to be paid to the Transferor, on the Closing Date, an amount equal to 98.5% of the Receivables Purchase Price with respect to Initial Receivables acquired from the Transferor on such date in the form of cash by federal wire transfer (same day) funds and the Transferor shall make a capital contribution to the Purchaser on the Closing Date of Initial Receivables in an amount equal to 1.001.5% of the Aggregate Receivables Balance of such Receivables as of the applicable Cutoff DatePurchase Price.