Common use of The Initial Note Purchase Clause in Contracts

The Initial Note Purchase. On the terms and conditions set forth in the Indenture, the Sale and Servicing Agreement and this Agreement, and in reliance on the covenants, representations and agreements set forth herein and therein, the Issuer shall issue and cause the Trustee to authenticate and deliver to the Note Purchaser the Note on the Closing Date. Such Note shall be dated the Closing Date, registered in the name of the Note Purchaser, and duly authenticated in accordance with the provisions of the Indenture.

The Initial Note Purchase. On the terms and conditions set forth in the Indenture, the Sale and Servicing Agreement and this Agreement, and in reliance on the covenants, representations and agreements set forth herein and therein, the Issuer shall issue and cause the Trustee to authenticate and deliver to the Note Purchaser the Note Notes on the Closing Date. Such Note The Notes shall be dated the Closing Date, registered in the name of "Bear, ▇▇▇▇▇▇▇ Securities Corp.", the nominee of the Note Purchaser, and duly authenticated in accordance with the provisions of the Indenture.