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.
Appears in 83 contracts
Samples: Pooling Agreement (Ally Auto Receivables Trust 2019-4), Pooling Agreement (Ally Auto Receivables Trust 2011-1), Pooling Agreement (Ally Auto Receivables Trust 2012-2)
Receivables Purchase Price. On the [Initial] Closing Date, Ally Auto shall pay to the Seller that portion of the Initial Aggregate Receivables Principal Balance [and on each Subsequent Closing Date, Ally Auto shall pay the Seller that portion of the Aggregate Additional Receivables Principal Balance, in each case,] as provided in Section 2.02.
Appears in 6 contracts
Samples: Pooling Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC)
