Common use of Consideration for Subsequent Receivables Clause in Contracts

Consideration for Subsequent Receivables. Upon two (2) Business Days’ prior written notice given by the Depositor to the Issuer and then from the Issuer to the Indenture Trustee, the Depositor shall cause the Issuer to cause the Indenture Trustee, on the applicable Funding Date, to pay to the Issuer, which will pay the Depositor, which will pay to or at the direction of the Contributor an amount equal to the Receivables Purchase Price with respect to the related Subsequent Receivables in immediately available funds.

Consideration for Subsequent Receivables. Upon two (2) Business Days’ ' prior written notice given by the Depositor to the Issuer and then from the Issuer to the Indenture Trustee, the Depositor shall cause the Issuer to cause the Indenture Trustee, on the applicable Funding Date, to pay to the Issuer, which will pay the Depositor, which will pay to or at the direction of the Contributor an amount equal to the Receivables Purchase Price with respect to the related Subsequent Receivables in immediately available funds.

Consideration for Subsequent Receivables. Upon two (2) Business Days’ ' prior written notice given by the Depositor to the Issuer and then from the Issuer to the Indenture Trustee, the Depositor shall cause the Issuer to cause the Indenture Trustee, on the applicable Funding Date, to pay to the Issuer, which will pay the Depositor, which will pay to or at the direction of the Contributor an amount equal to the Receivables Purchase Price with respect to the related Subsequent Receivables in immediately available funds.