Common use of Payment of Receivables Purchase Price Clause in Contracts

Payment of Receivables Purchase Price. In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.1, on the Closing Date the Purchaser shall have paid to the Seller the Receivables Purchase Price.

Appears in 105 contracts

Samples: Receivables Purchase Agreement (CarMax Auto Owner Trust 2024-2), Receivables Purchase Agreement (Carmax Auto Funding LLC), Receivables Purchase Agreement (CarMax Auto Owner Trust 2011-1)

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Payment of Receivables Purchase Price. In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.12.01, on the Closing Date the Purchaser shall have paid agrees to pay the Seller an amount equal to the Receivables Purchase Price.

Appears in 88 contracts

Samples: Form of Receivables Purchase Agreement (Toyota Auto Receivables 2024-B Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2020-D Owner Trust), Receivables Purchase Agreement (Toyota Auto Receivables 2018-C Owner Trust)

Payment of Receivables Purchase Price. In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.12.01, on the Closing Date the Purchaser shall have paid to the Seller an aggregate amount equal to the Receivables Purchase Price.

Appears in 16 contracts

Samples: Receivables Purchase Agreement (Daimler Trucks Retail Trust 2024-1), Receivables Purchase Agreement (Daimler Trucks Retail Trust 2024-1), Receivables Purchase Agreement (Wachovia Auto Owner Trust 2008-A)

Payment of Receivables Purchase Price. In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.1, on the Closing Date the Purchaser shall have paid to the Seller an amount equal to the Receivables Purchase Price.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Carmax Auto Funding LLC)

Payment of Receivables Purchase Price. In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.1, on the Closing Date the Purchaser shall have paid to the Seller an amount equal to the Receivables Purchase PricePrice and the Certificates shall have been registered in the name of and delivered to the Seller.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Carmax Auto Funding LLC)

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Payment of Receivables Purchase Price. In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.12.01, on the Closing Date the Purchaser shall have paid to the Seller an amount equal to the Receivables Purchase Price.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC)

Payment of Receivables Purchase Price. In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.12.01, on the Closing Date the Purchaser shall have paid agrees to pay the Seller an amount equal to the Receivables Purchase Price.. ARTICLE IV

Appears in 1 contract

Samples: Receivables Purchase Agreement

Payment of Receivables Purchase Price. In consideration of the sale ------------------------------------- of the Receivables from the Seller to the Purchaser as provided in Section 2.12.01, on the Closing Date the Purchaser shall have paid to the Seller an amount equal to the Receivables Purchase Price.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC)

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