Discount Payments. On the Settlement Date for each Receivable Interest of the Investors, the Seller shall pay to the Agent (for the benefit of the Investors) an aggregate amount equal to the accrued and unpaid Discount for the entire Settlement Period of each such Receivable Interest in accordance with Sections 1.6 and 1.7.
Appears in 1 contract
Sources: Receivables Purchase Agreement (Hampshire Funding Inc)
Discount Payments. On the Settlement Date for each Receivable Interest of the Investors, the Seller shall pay to the Agent (for the benefit of the Investors) an aggregate amount equal to the accrued and unpaid Discount for the entire Settlement Tranche Period of each such Receivable Interest in accordance with Sections 1.6 and 1.7Section 1.5.
Appears in 1 contract
Sources: Purchase Agreement (Yellow Corp)