Subsequent Receivables Purchase Price. Simultaneously with the conveyance of the Subsequent Receivables and the Subsequent Other Conveyed Property with respect thereto by Triad to the Company, on each Subsequent Transfer Date the Company shall pay to Triad the Purchase Price of the Subsequent Receivables sold by Triad to the Company.
Appears in 2 contracts
Sources: Receivables Purchase Agreement (Asset Backed Securities Corp), Receivables Purchase Agreement (Triad Financial Corp)