Common use of Payment for the Purchases Clause in Contracts

Payment for the Purchases. (a) The Purchase Price for the Purchase of Receivables in existence on the close of business on the Business Day immediately preceding the date hereof (the “Initial Cutoff Date”) shall be payable in full by Buyer to Originator on the date hereof, and shall be paid to Originator in the following manner:

Appears in 4 contracts

Samples: Securitization Property Servicing Agreement (Consumers Energy Co), Securitization Property Servicing Agreement (Consumers Energy Co), Receivables Sale Agreement (CMS Energy Corp)

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Payment for the Purchases. (a) The Purchase Price for the each Purchase of Receivables in existence on the close of business on the Business Day immediately preceding the date hereof (the “Initial Cutoff Date”) Date shall be payable in full by Buyer to Originator on the date hereofInitial Sale Date, and shall be paid to Originator in the following manner:

Appears in 4 contracts

Samples: Receivables Sale Agreement (Southern Natural Gas Co), Receivables Sale Agreement (Anr Pipeline Co), Receivables Sale Agreement (Tennessee Gas Pipeline Co)

Payment for the Purchases. (a) The Purchase Price for the Purchase of Receivables originated by Originator that are in existence on the close of business on the Business Day immediately preceding the date hereof (the “Initial Cutoff Date”) shall be payable in full by Buyer to such Originator on the date hereof, and shall be paid to such Originator in the following manner:

Appears in 2 contracts

Samples: Receivable Sale Agreement (Ferrellgas Partners Finance Corp), Receivable Sale Agreement (Ferrellgas Partners Finance Corp)

Payment for the Purchases. (a) The Purchase Price for the Purchase of Receivables originated by each Originator that are in existence on the close of business on the Business Day immediately preceding the date hereof its Applicable Closing Date (the its “Initial Cutoff Date”) shall be payable in full by Buyer to such Originator on the date hereofits Applicable Closing Date, and shall be paid to such Originator in the following manner:

Appears in 1 contract

Samples: Receivable Sale Agreement (Ferrellgas Partners Finance Corp)

Payment for the Purchases. (a) The Purchase Price for the Purchase of Receivables of each Originator that are in existence on the close of business on the Business Day immediately preceding the date hereof its Closing Date (the "Initial Cutoff Date") shall be payable in full by Buyer to such Originator on the date hereofits Closing Date, and shall be paid to such Originator in the following manner:

Appears in 1 contract

Samples: Receivables Sale Agreement (Lennox International Inc)

Payment for the Purchases. (a) The Purchase Price for the Purchase of Receivables originated by each Originator that are in existence on the close of business on the Business Day immediately preceding the date hereof its Closing Date (the "Initial Cutoff Date") shall be payable in full by Buyer to such Originator on the date hereofits Closing Date, and shall be paid to such Originator in the following manner:

Appears in 1 contract

Samples: Receivables Sale Agreement (Meredith Corp)

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Payment for the Purchases. (a) The Purchase Price for the Purchase of Receivables in existence on the close of business on the Business Day immediately preceding the date hereof (the “Initial Cutoff Date”) Date shall be payable in full by Buyer to the applicable Originator on the date hereofEffective Date, and shall be paid to such Originator in the following manner:

Appears in 1 contract

Samples: Receivables Sale Agreement (American Commercial Lines LLC)

Payment for the Purchases. (a) The Purchase Price for the Purchase of Receivables originated by each Originator that are in existence on the close of business on the Business Day immediately preceding the date hereof (the “Initial Cutoff Date”) shall be payable in full by Buyer to such Originator on the date hereof, and shall be paid to such Originator in the following manner:

Appears in 1 contract

Samples: Receivables Sale Agreement (SCP Pool Corp)

Payment for the Purchases. (a) The Purchase Price for the Purchase of Receivables originated by each Originator that are in existence on the close of business on the Business Day immediately preceding the date hereof Initial Purchase Date (the “Initial Cutoff Date”) shall be payable in full by Buyer to such Originator on the date hereof, and shall be paid to such Originator in the following manner:

Appears in 1 contract

Samples: Receivables Sale Agreement (Pepsiamericas Inc/Il/)

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