Common use of First Payment Clause in Contracts

First Payment. As of the Initial Cutoff Date, Obligors had not yet made the first payment in respect of Initial Receivables representing less than _____% of the Initial Pool Balance.

Appears in 2 contracts

Sources: Purchase Agreement (Case Receivables Ii Inc), Purchase Agreement (Case Receivables Ii Inc)

First Payment. As of the Initial Cutoff Date, Obligors had not yet made the first payment in respect of Initial Receivables representing less than _____47.7753% of the Initial Pool Balance.

Appears in 1 contract

Sources: Purchase Agreement (Case Receivables Ii Inc)

First Payment. As of the Initial Cutoff Date, Obligors had not yet made the first payment in respect of Initial Receivables representing less than _____54.8718% of the Initial Pool Balance.

Appears in 1 contract

Sources: Purchase Agreement (Case Receivables Ii Inc)

First Payment. As of the Initial Cutoff Date, Obligors had not yet made the first payment in respect of Initial Receivables representing less than _____36.7814% of the Initial Pool Balance.

Appears in 1 contract

Sources: Purchase Agreement (Case Receivables Ii Inc)

First Payment. As of the Initial Cutoff Date, Obligors had not yet made the first payment in respect of Initial Receivables representing less than _____22% of the Initial Pool Balance.

Appears in 1 contract

Sources: Purchase Agreement (Case Receivables Ii Inc)