Purchase of Additional Receivables. (a) The Collateral Agent shall, upon satisfaction of the conditions precedent specified in Section 3.3(a) and in accordance with Section 2.10(c) direct the Disbursement Account Bank to release funds in the applicable Disbursement Account in the amount specified in the related Funds Release Request (subject to the Facility Availability), to the Borrower not later than 1:00 p.m. (New York City time) on the Release Date by wire transfer of same day funds in Dollars, to such account as may be designated in writing to the Collateral Agent by the Borrower; provided, however, that the Collateral Agent shall have no liability for any delay by the Disbursement Account Bank in transferring such funds.
Purchase of Additional Receivables. (a) The Castlelake Representative shall, upon satisfaction of the conditions precedent specified in Section 3.3(a) and in accordance with Section 2.10(c) direct the Disbursement Account Bank to release funds in the Disbursement Account in the amount specified in the related Funds Release Request (subject to the Facility Availability), to the Borrower not later than 4:00 p.m. (New York City time) on the Release Date by wire transfer of same day funds in Dollars, to such account as may be designated in writing to the Castlelake Representative by the Borrower; provided, however, that the Castlelake Representative shall have no liability for any delay by the Disbursement Account Bank in transferring such funds.
Purchase of Additional Receivables. Two Business Days prior to each Funding Date, the Issuer shall provide (or cause to be provided) to the Indenture Trustee and the Agent an estimate of the Receivables Balance of the Additional Receivables to be conveyed by the Seller to the Issuer on such Funding Date and the amount of Additional Note Balance, if any, to be purchased by the Tranche B Lenders on such Funding Date. On each Funding Date, the Seller shall deliver a Funding Date Report to the Indenture Trustee and the Agent and convey to the Issuer the related Additional Receivables. Delivery of the Funding Date Report by the Seller shall be deemed to constitute certification by the Seller that the Funding Conditions set forth in clauses (ii), (iv), (v), (vi), (vii), (viii), (ix), (x), (xii), (xiii) and (xiv) have been satisfied. Upon receipt of the Funding Date Report by the Indenture Trustee and confirmation by the Indenture Trustee that the Funding Conditions set forth in clauses (i) (as to the Indenture Trustee's receipt), (iii), (iv) (based on the Funding Date Report), (ix) (based on the Funding Date Report), (x), (xi) and (xii) of this Section 7.02 have been satisfied on or prior to such Funding Date (with respect to conditions (iii) and (xii), that the Indenture Trustee has not received notice from the Agent or any Noteholder that such condition has not been satisfied), the Indenture Trustee shall apply funds on deposit in the Funding Account in the manner specified in Section 7.01 with respect to such Additional Receivables, provided that the Indenture Trustee shall not fund the Cash Purchase Price of the Additional Receivables if it receives notice from the Issuer or the Agent that any of the Funding Conditions have not been satisfied. Notwithstanding the failure of the Indenture Trustee to fund the purchase of Additional Receivables, due to the failure of any of the Funding Conditions or otherwise, the Seller shall convey such Additional Receivables to the Issuer on each Funding Date in accordance with the Receivables Purchase Agreement. In the event that the Indenture Trustee determines that any of the Funding Conditions set forth conditions in clauses (i), (iii), (iv), (ix), (x), (xi) and (xii) of this Section 7.02 have not been satisfied on or prior to such Funding Date, the Indenture Trustee shall promptly notify the Seller and the Agent. The funding by the Indenture Trustee of the Cash Purchase Price with respect to any Additional Receivable shall be subject to the satisfaction o...
Purchase of Additional Receivables. On each Borrowing Date, the Calculation Agent (on behalf of and at the direction of the Borrower) will cause to be deposited into the Borrower’s Account an amount equal to the Purchase Price with respect to the Additional Receivables to be acquired by the Borrower on such Borrowing Date from the applicable Seller(s) by withdrawing an amount from the Collection Account up to the Excess Amount and, to the extent that the Excess Amount is insufficient to pay such Purchase Price, the Borrower will pay to the applicable Sellers such Purchase Price out of a combination of such amount drawn from the Collection Account together with the proceeds of the amount of the Loans funded by the Lenders on such Borrowing Date. On each Borrowing Date, subject to
