Contribution of Receivables. (a) On the date hereof and on each Business Day thereafter, the Contributor shall contribute, transfer, assign, and convey, without recourse (except as expressly provided herein), to the Company, as a capital contribution (which the Company shall accept), all of its present and future right, title and interest in, to and under:
Contribution of Receivables. 8 3.8 Reconveyance of Receivables................................. 8 ARTICLE IV CONDITIONS TO PURCHASES 4.1 Conditions Precedent to Initial Purchase.................... 8 4.2 Certification as to Representations and Warranties.......... 10 4.3 Effect of Payment of Purchase Price......................... 10 TABLE OF CONTENTS (CONTINUED) PAGE ARTICLE V REPRESENTATIONS AND WARRANTIES
Contribution of Receivables. On the Closing Date, KBK shall, and hereby does, contribute to the capital of the Initial Purchaser, Receivables and Related Assets with respect thereto consisting of Receivables of KBK that existed on the Initial Cut-Off Date, beginning with the oldest of such Receivables and continuing chronologically thereafter, and all or an undivided interest in the most recent of such Contributed Receivables such that the aggregate Unpaid Balance of all such Contributed Receivables shall be equal to $5,000,000.
Contribution of Receivables. On the Original Closing Date, the Originator contributed to the capital of the Company, Receivables and Related Rights with respect thereto consisting of each Receivable of the Originator that existed and was owing to the Originator on the Original Closing Date that as of such date was not an Eligible Receivable and Receivables that existed and were owing to the Originator on the Original Closing Date that as of such date were Eligible Receivables, beginning with the oldest of such Eligible Receivables and continuing chronologically thereafter, and all or an undivided interest in the most recent of such contributed Eligible Receivables such that the aggregate Outstanding Balance of all such contributed Receivables was equal to $1,000,000.
Contribution of Receivables. (a) ICP hereby transfers to ICPPC, as a contribution to the capital of ICPPC, all its right, title and interest in, to and under:
Contribution of Receivables. 2 2.01 Contribution of Receivables............................................... 2
Contribution of Receivables. (a) The Parent may, in its sole discretion, from time to time, transfer to Buyer, as a contribution to the capital of Buyer, all its right, title and interest in, to and under:
Contribution of Receivables. Effective as of the Closing Date, the Contributing Originator hereby contributes to the capital of the Company, and the Company hereby accepts as a capital contribution from the Contributing Originator, Receivables and Related Rights consisting of each Receivable of the Contributing Originator that existed and was owing to the Contributing Originator on the Closing Date, such that the aggregate Outstanding Balance of all such contributed Receivables shall be equal to $100,000,000.
Contribution of Receivables. On the Closing Date, Originator shall, and hereby does, contribute to the capital of the Company, Receivables and Related Rights with respect thereto consisting of each Receivable of Originator that existed and was owing to Originator on the Closing Date, beginning with the oldest of such Receivables and continuing chronologically thereafter, and all or an undivided interest in the most recent of such contributed Receivables such that the aggregate Outstanding Balance of all such contributed Receivables shall be equal to $3,000,000.
Contribution of Receivables. Sears hereby confirms that it has transferred, assigned and otherwise conveyed and does hereby sell, transfer, assign and otherwise convey to SRFG, without recourse, all right, title and interest of Sears in and to the Contributed Receivables existing as of the applicable Cut-Off Dates and thereafter created, all monies due or to become due with respect thereto and all proceeds (as defined in Section 9-306 of the UCC as in effect in the State of Illinois) of such Receivables and Insurance Proceeds, if any, relating thereto. In the event such transfer, assignment or conveyance is deemed not to constitute a valid transfer and assignment to SRFG of all right, title and interest of Sears in and to such property, Sears does hereby confirm that it has granted and hereby grants to SRFG a security interest therein to secure the obligations of Sears under this Agreement.
