Common use of PURCHASE BY THE UNDERWRITERS Clause in Contracts

PURCHASE BY THE UNDERWRITERS. On the basis of the representations, warranties and agreements contained herein, and subject to the terms and conditions set forth herein, the Transferor agrees to sell to each of the Underwriters, severally and not jointly, and each of the Underwriters, severally and not jointly, agrees to purchase from the Transferor, the respective principal amount of the Offered Securities set forth opposite the name of such Underwriter in Schedule 1 hereto at a purchase price equal to (i) with respect to the Class A Securities, 99.______% of the principal amount thereof and (ii) with respect to the Class B Securities, 99.______% of the principal amount thereof. The Transferor shall not be obligated to deliver any of the Offered Securities except upon payment for all the Offered Securities to be purchased as provided herein.

PURCHASE BY THE UNDERWRITERS. On the basis of the representations, warranties and agreements contained herein, and subject to the terms and conditions set forth herein, the Transferor Seller agrees to issue and sell to each of the Underwriters, severally and not jointly, and each of the Underwriters, severally and not jointly, agrees to purchase from the TransferorSeller, the respective principal amount of the Offered Securities set forth opposite the name of such Underwriter in Schedule 1 hereto at a purchase price equal to (i) with respect to the Class A SecuritiesA-1 Notes, 99.______% 99.8359375% of the principal amount thereof and thereof, (ii) with respect to the Class B SecuritiesA-2 Notes, 99.______% 99.77% of the principal amount thereof and (iii) with respect to the Certificates, 99.40625% of the principal amount thereof. The Transferor Seller shall not be obligated to deliver any of the Offered Securities except upon payment for all the Offered Securities to be purchased as provided herein.

PURCHASE BY THE UNDERWRITERS. On the basis of the representations, warranties and agreements contained herein, and subject to the terms and conditions set forth herein, the Transferor Seller agrees to issue and sell to each of the Underwriters, severally and not jointly, and each of the Underwriters, severally and not jointly, agrees to purchase from the TransferorSeller, the respective principal amount of the Offered Securities set forth opposite the name of such Underwriter in Schedule 1 hereto at a purchase price equal to (i) with respect to the Class A SecuritiesA-1 Notes, 99.______% 99.921875% of the principal amount thereof and thereof, (ii) with respect to the Class B SecuritiesA-2 Notes, 99.______% 99.781250% of the principal amount thereof and (iii) with respect to the Certificates, 99.828125% of the principal amount thereof. The Transferor Seller shall not be obligated to deliver any of the Offered Securities except upon payment for all the Offered Securities to be purchased as provided herein.

PURCHASE BY THE UNDERWRITERS. On the basis of the representations, warranties and agreements contained herein, and subject to the terms and conditions set forth herein, the Transferor Seller agrees to issue and sell to each of the Underwriters, severally and not jointly, and each of the Underwriters, severally and not jointly, agrees to purchase from the TransferorSeller, the respective principal amount of the Offered Securities set forth opposite the name of such Underwriter in Schedule 1 hereto at a purchase price equal to (i) with respect to the Class A SecuritiesA-1 Notes, 99.______% 100% of the principal amount thereof and thereof, (ii) with respect to the Class B SecuritiesA-2 Notes, 99.______% 99.96875% of the principal amount thereofthereof and (iii) with respect to the Certificates, 99.96875% of the principal amount thereof plus accrued interest from April 15, 1994 to the Closing Date. The Transferor Seller shall not be obligated to deliver any of the Offered Securities except upon payment for all the Offered Securities to be purchased as provided herein.