Common use of Subsequent Receivables Purchase Price Clause in Contracts

Subsequent Receivables Purchase Price. In consideration for the Subsequent Receivables and other Subsequent Transferred Property described in Section 2.3(a), the Transferor shall pay the related amount (the "Subsequent Receivables Purchase Price") to the Originator. In addition, on each Subsequent Transfer Date, the Originator will be deemed to have made a capital contribution to the Transferor equal to the difference between the Principal Balance of the Receivables (as of the related Subsequent Cut-off Date) transferred by the Originator to the Transferor on such date and the cash proceeds so received by the Originator in consideration thereof. All monies paid to the Originator pursuant to this Section 2.3(b) shall be paid by federal wire transfer (same day) funds.