Common use of Purchase Amounts Clause in Contracts

Purchase Amounts. Pursuant to the Trust Agreement, the Servicer and the Seller have agreed to remit to the Collection Account not later than the Determination Date, the aggregate Purchase Amount for such Collection Period pursuant to Sections 7.02 and 8.07 of the Trust Agreement. Not later than 11:00 a.m. (New York City time) on the related Payment Date the Servicer shall remit to the Collection Account the aggregate Optional Disposition Price for Receivables on such Payment Date pursuant to Section 16.02 of the Trust Agreement.

Appears in 9 contracts

Sources: Indenture (Uacsc Auto Trusts Uacsc 1999-D Owner Trust Auto Rec Bac Note), Indenture (Uacsc 2001-C Owner Trust), Indenture (Uacsc 2002-a Owner TRST Auto Receivable Back Nt)

Purchase Amounts. Pursuant to the Trust Agreement, the Servicer and the Seller have agreed to remit to the Collection Account not later than the Determination Date, the aggregate Purchase Amount for such Collection Period pursuant to Sections 7.02 and 8.07 of the Trust Agreement. Not later than 11:00 a.m. (New York City time) on the related Payment Date the Servicer shall remit to the Collection Account the aggregate Optional Disposition Price for Receivables on such Payment Date pursuant to Section 16.02 15.02 of the Trust Agreement.

Appears in 1 contract

Sources: Indenture (United Fidelity Finance LLC)