Receivables Purchase Price. On the Initial Closing Date, XXXX shall pay to the Seller that portion of the Initial Aggregate Receivables Principal Balance and on each Subsequent Closing Date, XXXX shall pay the Seller that portion of the Aggregate Additional Receivables Principal Balance, in each case, as provided in Section 2.02.
Appears in 22 contracts
Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2013-1), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4)
Receivables Purchase Price. On the Initial Closing Date, XXXX shall pay to the Seller that portion of the Initial Aggregate Receivables Principal Balance and on each Subsequent Closing Date, XXXX shall pay the Seller that portion of the Aggregate Additional Receivables Principal Balance, in each case, as provided in Section 2.02.
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-1), Pooling and Servicing Agreement (Capital Auto Receivables LLC), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-2)
Receivables Purchase Price. On the Initial [Initial] Closing Date, XXXX shall pay to the Seller that portion of the Initial Aggregate Receivables Principal Balance [and on each Subsequent Closing Date, XXXX shall pay the Seller that portion of the Aggregate Additional Receivables Principal Balance, in each case, ,] as provided in Section 2.02.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Capital Auto Receivables LLC), Pooling and Servicing Agreement (Capital Auto Receivables LLC), Pooling and Servicing Agreement (Capital Auto Receivables LLC)
