Examples of First Purchase Date in a sentence
TRANSFER AND ADMINISTRATION OF THE PORTFOLIOSTransfer of the Initial Portfolio Pursuant to the terms of the Master Transfer Agreement, the Originatorhas sold – with effects from the First Purchase Date – to the Issuer an initial portfolio of monetary receivables and connected rights arising out of consumer loan agreements entered into by the Originator with its clients (the “Initial Receivables” or the “Initial Portfolio”).
On the First Purchase Date you will repay to the Company the entire outstanding principal balance on each loan listed in the schedule attached hereto as EXHIBIT B, together with interest accrued through the First Payment Date.
The Employment Agreement will automatically become effective upon execution by Parent and the Company on the First Purchase Date.
Parent will execute and cause the Company to execute the Employment Agreement on the First Purchase Date.
Any term of this Agreement to which effect is not given on the First Purchase Date or on any Purchase Date (including in particular, but without limitation, the liability of the Seller under the Representations and Warranties and the indemnity in Section 7.2 and the provisions of Section 4) shall not merge and shall remain in full force and effect notwithstanding the sale and purchase contemplated by this Agreement.