Common use of Funding of Purchases Clause in Contracts

Funding of Purchases. On each Purchase Date, each Purchaser shall, upon satisfaction of the applicable conditions set forth in Article V, fund such Purchase by making the full amount of its Pro Rata Share of such Purchase available to Administrator at Administrator’s Office in immediately available funds, and after receipt by Administrator of such funds, Administrator will make such funds immediately available to Seller at such office.

Funding of Purchases. On each Purchase Date, each Purchaser shall, upon satisfaction of the applicable conditions set forth in Article V, fund such Purchase by making the full amount of its Pro Rata Share of such Purchase available to Administrator at Administrator’s 's Office in immediately available funds, and after receipt by Administrator of such funds, Administrator will make such funds immediately available to Seller at such office.

Funding of Purchases. On each Purchase Date, each Purchaser shall, upon satisfaction of the applicable conditions set forth in Article V, fund such Purchase by making the full amount of its Pro Rata Share of such Purchase available to Administrator at Administrator’s 's Office in immediately available funds, and after receipt by Administrator of such funds, Administrator will make such funds immediately available to Seller at such office.