Receivables Purchase Price. On the Closing Date, Ally Auto shall pay to the Seller that portion of the Initial Aggregate Receivables Principal Balance as provided in Section 2.02.
Receivables Purchase Price. (a) [Initial Purchase]. In consideration for the [Initial] Purchased Property, Ally Auto shall, on the [Initial] Closing Date, pay to the Seller an amount equal to the Initial Aggregate Receivables Principal Balance in respect of the [Initial] Receivables and the Seller shall execute and deliver to Ally Auto an assignment in the form attached hereto as Exhibit A (the “First Step [Initial] Receivables Assignment”). The Initial Aggregate Receivables Principal Balance is equal to $[ ]. A portion of the Initial Aggregate Receivables Principal Balance, equal to $[ ], shall be paid to the Seller in immediately available funds and the balance of such purchase price shall be paid through one or both of [(a) an increase in the amount owing from Ally Auto to Seller under the Intercompany Advance Agreement (as a result of an advance made thereunder from Seller to Ally Auto), equal to $[ ] and (b)] an increase in Seller’s capital account in Ally Auto (as a result of a deemed capital contribution from the Seller to Ally Auto), equal to $[ ]. The amount [advanced under the Intercompany Advance Agreement and the amount] of the deemed capital contribution shall be duly recorded by the Seller and Ally Auto.
Receivables Purchase Price. In consideration for the Receivables and other properties described in Section 2.1(a), the Purchaser shall, on the Closing Date, pay to the Seller the Receivables Purchase Price. An amount equal to approximately [ ]% of the Receivables Purchase Price shall be paid to the Seller in cash by federal wire transfer (same day) funds. The remaining approximately [ ]% of the Receivables Purchase Price shall be deemed paid by the Purchaser to the Seller and then immediately returned by the Seller to the Purchaser as a contribution to capital.
Receivables Purchase Price. On the Closing Date or the applicable Subsequent Transfer Date, CNHCR shall have delivered to CNHCA the portion of the Initial Purchase Price or the Subsequent Purchase Price, as the case may be, payable on the Closing Date or such Subsequent Transfer Date pursuant to Section 2.5.