Common use of Closing Date Purchases Clause in Contracts

Closing Date Purchases. Effective on the Closing Date, the Originator hereby sells to the Buyer, and the Buyer hereby purchases, the Originator’s entire right, title and interest in, to and under (i) each Receivable (other than Contributed Receivables) that existed and was owing to the Originator (including each Receivable sold or purportedly sold by the Sub-Originators to the Originator pursuant to the Sub-Originator Sale Agreement) at the Cut-Off Date, (ii) each Receivable (other than Contributed Receivables) generated or otherwise acquired by the Originator (including each Receivable sold or purportedly sold by the Sub-Originators to the Originator pursuant to the Sub-Originator Sale Agreement) from and including the Cut-Off Date, to and including the Closing Date, and (iii) all Related Rights with respect thereto.

Closing Date Purchases. Effective on the Closing Date, the Originator Transferor hereby sells to the BuyerCompany, and the Buyer Company hereby purchases, the Originator’s Transferor entire right, title and interest in, to and under (i) each Receivable (other than Contributed Receivables) that existed and was owing to the Originator Transferor (including each Receivable sold or purportedly sold by the Sub-Originators an Originator to the Originator Transferor pursuant to the Sub-Originator Purchase and Sale Agreement) at the Cut-Off Date, (ii) each Receivable (other than Contributed Receivables) generated or otherwise acquired by the Originator Transferor (including each Receivable sold or purportedly sold by the Sub-Originators an Originator to the Originator Transferor pursuant to the Sub-Originator Purchase and Sale Agreement) from and including the Cut-Off Date, to and including the Closing Date, and (iii) all Related Rights with respect thereto.

Closing Date Purchases. Effective on the Closing Date, the each Originator hereby sells to the Buyer, and the Buyer hereby purchases, the such Originator’s entire right, title and interest in, to and under (i) each Receivable (other than Contributed Receivables) that existed and was owing to the such Originator (including each Receivable sold or purportedly sold by the Sub-Originators Originator to the an Originator pursuant to the Sub-Originator Sale Agreement) at the Cut-Off Date, (ii) each Receivable (other than Contributed Receivables) generated or otherwise acquired by the such Originator (including each Receivable sold or purportedly sold by the Sub-Originators Originator to the an Originator pursuant to the Sub-Originator Sale Agreement) from and including the Cut-Off Date, to and including the Closing Date, and (iii) all Related Rights with respect thereto.