Subsequent Receivables. The obligation of the Purchaser to purchase the Subsequent Receivables to be conveyed to the Purchaser on each Subsequent Transfer Date is subject to the satisfaction of the following conditions:
Subsequent Receivables. As consideration for the conveyance of Subsequent Receivables pursuant to Section 2.2, the Purchaser shall pay or cause to be paid to the Originator on each Subsequent Transfer Date an amount (a "Subsequent Purchase Price") equal to the aggregate Contract Value of the Subsequent Receivables as of the related Subsequent Cutoff Date, plus any premium or minus any discount agreed upon the Originator and the Purchaser. Any Subsequent Purchase Price shall be payable as follows: (i) cash in the amount released to the Purchaser from the Pre-Funding Account pursuant to Section 5.7(a) of the Sale and Servicing Agreement shall be paid to the Originator on the related Subsequent Transfer Date and the balance paid in cash as and when amounts are released to, or otherwise realized by, the Purchaser from the Spread Account and the Negative Carry Account in accordance with the Sale and Servicing Agreement; or (ii) as otherwise agreed by the Originator and the Purchaser.
Subsequent Receivables. On each day on which any new Receivable is created, RPA Seller represents and warrants to the Purchaser that the representations and warranties made in Section 4.02(a)(i), (iii), (iv) and (v) and 4.02(b) are true and correct with respect to each such Receivable as of such day of creation.
Subsequent Receivables. On each day after the Certificate Trust Termination Date on which any new Receivable is created, Transferor represents and warrants to Issuer that the representations and warranties made in Section 2.04(a)(i), (iii), (iv), (vi) and (ix) are true and correct with respect to each such Receivable as of such day of creation.
Subsequent Receivables. The addition of Subsequent Receivables on any Funding Date shall not occur unless each of the funding conditions set forth in Section 2.12 of the Indenture have been satisfied and unless each of the following representations and warranties are true and correct on the related Cutoff Date (with each Receivable Balance or APR for any Receivable measured as of its related Cutoff Date):
Subsequent Receivables. (a) Subject to and upon the terms and conditions set forth in Section 2.02(b) and in the related Subsequent Purchase Agreement, in consideration of the Purchaser’s delivery on the related Subsequent Closing Date to or upon the order of the Seller of an amount equal to the applicable Subsequent Purchase Price as set forth in the related Subsequent Purchase Agreement, Seller does hereby sell, transfer, assign, set over and otherwise convey to the Purchaser, without recourse (subject to the obligations herein and in the related Subsequent Purchase Agreement) all right, title and interest of the Seller in and to (collectively, the “Subsequent Receivables Property” and together with the Initial Receivables Property, the “Conveyed Property”):
Subsequent Receivables. The Receivables transferred from the Seller to the ---------------------- Owner Trustee pursuant to Section 2.02 of the Pooling and Servicing Agreement, which shall be listed on a schedule to the related Subsequent Transfer PSA Assignment.
Subsequent Receivables. Aggregate Principal Balance of Subsequent Receivables as of the Subsequent Cut-Off Date: $
Subsequent Receivables. Schedule A attached hereto constitutes the Subsequent Receivables to be sold to the Depositor.
Subsequent Receivables. Section 1.1
