Payment of Receivables Purchase Price. In consideration of the sale of the Receivables from the Transferor to the Purchaser as provided in Section 2.01, on the Closing Date the Purchaser shall have paid the Transferor an amount equal to the Receivables Purchase Price.
Appears in 6 contracts
Samples: Purchase Agreement (UPFC Auto Receivables Trust 2005-B), Purchase Agreement (United Pan Am Financial Corp), Purchase Agreement (Wells Fargo Financial Auto Owner Trust 2005-A)