Payment Direction. The Seller hereby directs the Purchasers to pay the amount of the initial Advance to be made by them on the Closing Date, in accordance with the terms of the Omnibus Payoff and Restructuring Agreement, in the amount of $499,500,000 directly to the Original Purchaser in immediately available funds at the account designated by the Original Purchaser.
Appears in 2 contracts
Sources: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)