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creation or purchase, free and clear of any lien, security interest, hypothecation, assignment or material encumbrance, other than liens and security interests contemplated in this Agreement or the Receivables Loan Agreement.", "On the <strong>Initial Purchase Date</strong>, the Company shall pay a percentage of the purchase price equal to a fraction, the numerator of which is the aggregate Loan Amount (as defined in the Receivables Loan Agreement) received by the Company pursuant to the Receivables Loan Agreement on the <strong>Initial Purchase Date</strong> and the denominator of which is the aggregate amount of Receivables purchased by the Company from the Originator and its affiliates on the <strong>Initial Purchase Date</strong>.", "On each Monthly Settlement Date occurring after the <strong>Initial Purchase Date</strong>, the difference between (x) the total purchase price payable to the Originator for all Purchased Receivables originated by the Originator during the Settlement Period ending on such Monthly Settlement Date that were not in existence on the <strong>Initial Purchase Date</strong> and (y) the amount of such purchase price paid in cash during that Settlement Period shall be credited to the Note.", "The Initial Purchase hereunder is subject to the conditions precedent that the Buyer shall have received on or before the <strong>Initial Purchase Date</strong> each of the items listed in Schedule II, each (unless otherwise indicated) dated such date, in form and substance satisfactory to the Buyer.", "The Commitment Fee shall be earned and owing on the <strong>Initial Purchase Date</strong> and shall be payable in three equal installments due on (i) the <strong>Initial Purchase Date</strong>, (ii) the 30 day anniversary of the initial Payment Date (or the next succeeding business day thereto if such date is not a business day), and (iii) the 60 day anniversary of the initial Payment Date (or the next succeeding business day thereto if such date is not a business day).", "The Seller will not engage to any substantial extent in any line or lines of business activity other than financing, acquiring, leasing, selling or exchanging commercial real estate, interests in commercial real estate or interests in entities that own or operate commercial real estate, and the businesses generally carried on by it as of the <strong>Initial Purchase Date</strong>.", "All of KBK&#x27;s right, title and interest in the Receivables that exist at the opening of KBK&#x27;s business on the <strong>Initial Purchase Date</strong> (other than Contributed Receivables) and in the Related Assets with respect thereto shall be deemed to have been sold to the Initial Purchaser on the <strong>Initial Purchase Date</strong> without further action by any Person.", "On each Purchase Date (other than the <strong>Initial Purchase Date</strong>) and on such other dates as may be provided herein, a portion of the amounts in the Authority PSL-Sourced Proceeds Account 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