Common use of Purchase Amounts Clause in Contracts

Purchase Amounts. Pursuant to the Trust Agreement, the Servicer and the Seller have agreed to remit to the Collection Account not later than the Determination Date, the aggregate Purchase Amount for such Collection Period pursuant to Sections 7.02 and 8.07 of the Trust Agreement. Not later than 11:00 a.m. (New York City time) on the related Payment Date the Servicer shall remit to the Collection Account the aggregate Optional Disposition Price for Receivables on such Payment Date pursuant to Section 16.02 of the Trust Agreement.

Appears in 9 contracts

Samples: Indenture (Uacsc 2000-a Owner Trust Auto Rec Backed Notes), Indenture (Uacsc 2002-a Owner TRST Auto Receivable Back Nt), Indenture (Uacsc 2000-D Owner Trust Auto Rec Backed Notes)

AutoNDA by SimpleDocs

Purchase Amounts. Pursuant to the Trust Agreement, the Servicer and the Seller have agreed to remit to the Collection Account not later than the Determination Date, the aggregate Purchase Amount for such Collection Period pursuant to Sections 7.02 and 8.07 of the Trust Agreement. Not later than 11:00 a.m. (New York City time) on the related Payment Date the Servicer shall remit to the Collection Account the aggregate Optional Disposition Price for Receivables on such Payment Date pursuant to Section 16.02 15.02 of the Trust Agreement.

Appears in 1 contract

Samples: Indenture (United Fidelity Finance LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.