Common use of Actions Evidencing Purchases Clause in Contracts

Actions Evidencing Purchases. (a) On or prior to the Initial Transfer Date, Originator shall xxxx its master data processing records evidencing Receivables and Contracts with a legend, acceptable to Buyer and Agent, evidencing that the Receivables have been sold or contributed, as applicable, in accordance with this Agreement and neither Originator nor Servicer shall change or remove such notation without the consent of Buyer and Agent (acting with the consent, or at the direction of, each of the Purchaser Agents). In addition, Originator agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer or its assignee may request in order to perfect, protect or more fully evidence the purchases, sales and contributions hereunder, or to enable Buyer or its assigns to exercise or enforce any of their respective rights with respect to the Receivables and the Related Assets. Without limiting the generality of the foregoing, Originator will upon the request of Buyer or its assignee: (i) authorize and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriate; and (ii) upon and after the occurrence of an Event of Default, xxxx conspicuously each Contract evidencing each Receivable with a legend, acceptable to Buyer and Agent, evidencing that the related Receivables have been sold or contributed in accordance with this Agreement.

Appears in 2 contracts

Samples: Purchase and Contribution Agreement (Mylan Inc.), Purchase and Contribution Agreement (Mylan Inc.)

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Actions Evidencing Purchases. (a) On or prior to the Initial Transfer Closing Date, the Originator (or Servicer, on behalf of the Originator) shall xxxx its master data processing records evidencing Receivables and Contracts with in a legend, form acceptable to Buyer and AgentBuyer, evidencing that the Receivables originated by the Originator have been sold or contributed, as applicable, transferred in accordance with this Agreement Agreement, and neither none of the Originator nor or Servicer shall change or remove such notation xxxx without the consent of Buyer and Agent (acting with the consentAdministrative Agent, or at the direction of, each of the Purchaser Agents)as its assignee. In addition, the Originator agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer or the Administrative Agent, as its assignee may request in order to perfect, protect or more fully evidence the purchases, sales and contributions hereunder, or to enable Buyer or the Administrative Agent, as its assigns assignee to exercise or enforce any of their respective rights with respect to the Receivables and the Related Assets. Without limiting the generality of the foregoing, the Originator will upon the request of Buyer or its assigneedesignee: (i) authorize and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriateappropriate to perfect the interests of Buyer and the Administrative Agent, as its assignee in the Receivables originated by the Originator and the Related Assets; and (ii) upon and after the occurrence of if an Event of DefaultTermination has occurred and is continuing, xxxx conspicuously each Contract evidencing each Receivable its master data processing records that evidence or list such Receivables and related Contracts with a legend, acceptable to Buyer and the Administrative Agent, as its assignee, evidencing that the related Receivables have been sold or contributed in accordance with this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (OUTFRONT Media Inc.), Purchase and Sale Agreement (OUTFRONT Media Inc.)

Actions Evidencing Purchases. (a) On or prior to the Initial Transfer Restatement Date, the Originator (or Servicer, on behalf of the Originator) shall xxxx its master data processing records evidencing Receivables and Contracts with in a legend, form acceptable to Buyer and AgentBuyer, evidencing that the Receivables originated by the Originator have been sold or contributed, as applicable, transferred in accordance with this Agreement Agreement, and neither none of the Originator nor or Servicer shall change or remove such notation xxxx without the consent of Buyer and Agent (acting with the consentAdministrative Agent, or at the direction of, each of the Purchaser Agents)as its assignee. In addition, the Originator agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer or the Administrative Agent, as its assignee may request in order to perfect, protect or more fully evidence the purchases, sales and contributions hereunder, or to enable Buyer or the Administrative Agent, as its assigns assignee to exercise or enforce any of their respective rights with respect to the Receivables and the Related Assets. Without limiting the generality of the foregoing, the Originator will upon the request of Buyer or its assigneedesignee: (i) authorize and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriateappropriate to perfect the interests of Buyer and the Administrative Agent, as its assignee in the Receivables originated by the Originator and the Related Assets; and (ii) upon and after the occurrence of if an Event of DefaultTermination has occurred and is continuing, xxxx conspicuously each Contract evidencing each Receivable its master data processing records that evidence or list such Receivables and related Contracts with a legend, acceptable to Buyer and the Administrative Agent, as its assignee, evidencing that the related Receivables have been sold or contributed in accordance with this Agreement.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (OUTFRONT Media Inc.), QRS Purchase and Sale Agreement (OUTFRONT Media Inc.)

Actions Evidencing Purchases. (a) On or prior to the Initial Transfer Closing Date, each Originator shall xxxx its master data processing (or Servicer, on behalf of Originators) will maintain and implement administrative and operating procedures (including (i) an ability to recreate records evidencing Receivables Receivables, the Related Rights and related Contracts with a legend, acceptable to Buyer and Agent, evidencing that in the Receivables have been sold or contributed, as applicable, in accordance with this Agreement and neither Originator nor Servicer shall change or remove such notation without the consent of Buyer and Agent (acting with the consent, or at the direction of, each event of the Purchaser Agentsdestruction of the originals thereof and (ii) procedures to identify and track sales with respect to, and collections on, Excluded Receivables), and keep and maintain all documents, books, records, computer tapes and disks and other information reasonably necessary or advisable for the collection of all Receivables, Related Rights and the identification and reporting of all Excluded Receivables (including records adequate to permit the reasonably prompt identification of each Receivable, Related Rights and Excluded Receivable and all Collections of and adjustments to each existing Receivable, Related Rights and Excluded Receivable). In addition, each Originator agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer or the Administrative Agent, as its assignee may reasonably request in order to perfect, protect or more fully evidence the purchases, sales and contributions hereunder, or to enable Buyer or the Administrative Agent, as its assigns assignee to exercise or enforce any of their respective rights with respect to the Receivables and the Related AssetsRights. Without limiting the generality of the foregoing, each Originator will upon the request of Buyer or its assignee: (i) designee authorize and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriate; and (ii) upon and after appropriate to perfect the occurrence interests of an Event of Default, xxxx conspicuously each Contract evidencing each Receivable with a legend, acceptable to Buyer and Administrative Agent, evidencing that as its assignee in the related Receivables have been sold or contributed in accordance with this Agreementand the Related Rights.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Oncor Electric Delivery Co LLC)

Actions Evidencing Purchases. (a) On or prior to the Initial Transfer Closing Date, each Originator (or Servicer, on behalf of such Originator) shall xxxx its master data processing records evidencing Receivables and Contracts with in a legend, form reasonably acceptable to Buyer and AgentBuyer, evidencing that the Receivables originated by such Originator have been sold or contributed, as applicable, transferred in accordance with this Agreement Agreement, and neither Originator nor none of the Originators or Servicer shall change or remove such notation xxxx without the consent of Buyer and Agent (acting with the consentAdministrative Agent, or at the direction of, each of the Purchaser Agents)as its assignee. In addition, each Originator agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer or the Administrative Agent, as its assignee assignee, may reasonably request in order to perfect, protect or more fully evidence the purchases, sales and contributions hereunder, or to enable Buyer or the Administrative Agent, as its assigns assignee, to exercise or enforce any of their respective rights with respect to the Receivables and the Related Assets. Without limiting the generality of the foregoing, each Originator will upon the request of Buyer or its assigneedesignee: (i) authorize and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriateappropriate to perfect the interests of Buyer and the Administrative Agent, as its assignee, in the Receivables originated by such Originator and the Related Assets; and (ii) upon and after the occurrence of if an Event of DefaultDefault has occurred and is continuing, xxxx conspicuously each Contract evidencing each Receivable originated by such Originator with a legend, reasonably acceptable to Buyer and the Administrative Agent, as its assignee, evidencing that the related Receivables have been sold or contributed in accordance with this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hill-Rom Holdings, Inc.)

Actions Evidencing Purchases. (a) On or prior to the Initial Transfer Restatement Date, each Originator (or Servicer, on behalf of such Originator) shall xxxx its master data processing records evidencing Receivables and Contracts with in a legend, form acceptable to Buyer and AgentBuyer, evidencing that the Receivables originated by such Originator have been sold or contributed, as applicable, transferred in accordance with this Agreement Agreement, and neither Originator nor none of the Originators or Servicer shall change or remove such notation xxxx without the consent of Buyer and Agent (acting with the consentAdministrative Agent, or at the direction of, each of the Purchaser Agents)as its assignee. In addition, each Originator agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer or the Administrative Agent, as its assignee may request in order to perfect, protect or more fully evidence the purchases, sales and contributions hereunder, or to enable Buyer or the Administrative Agent, as its assigns assignee to exercise or enforce any of their respective rights with respect to the Receivables and the Related Assets. Without limiting the generality of the foregoing, each Originator will upon the request of Buyer or its assigneedesignee: (i) authorize and file such financing or continuation statements, or 7 amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriateappropriate to perfect the interests of Buyer and the Administrative Agent, as its assignee in the Receivables originated by such Originator and the Related Assets; and (ii) upon and after the occurrence of if an Event of DefaultTermination has occurred and is continuing, xxxx conspicuously each Contract evidencing each Receivable its master data processing records that evidence or list such Receivables and related Contracts with a legend, acceptable to Buyer and the Administrative Agent, as its assignee, evidencing that the related Receivables have been sold or contributed in accordance with this Agreement.

Appears in 1 contract

Samples: Receivables Purchase Agreement (OUTFRONT Media Inc.)

Actions Evidencing Purchases. (a) On or prior to the Initial Transfer Closing Date, each Originator (or Servicer, on behalf of such Originator) shall xxxx mxxx its master data processing records evidencing Receivables and Contracts with in a legend, form reasonably acceptable to Buyer and the Administrative Agent, evidencing that the Receivables originated by such Originator have been sold or contributed, as applicable, transferred in accordance with this Agreement Agreement, and neither Originator nor none of the Originators or Initial Servicer shall change or remove such notation mxxx without the consent of Buyer and Agent (acting with the consentAdministrative Agent, or at the direction of, each of the Purchaser Agents)as its assignee. In addition, each Originator agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer Buyer, the Seller or the Administrative Agent, as its assignee assignee, may reasonably request in order to perfect, protect or more fully evidence the purchases, sales purchases and contributions Conveyances hereunder, or to enable Buyer Buyer, the Seller or the Administrative Agent, as its assigns assignee, to exercise or enforce any of their respective rights with respect to the Receivables and the Related Assets. Without limiting the generality of the foregoing, each Originator will upon the request of Buyer or its assigneethe Administrative Agent: (i) authorize and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriateappropriate to perfect the interests of Buyer, Seller and the Administrative Agent, as its assignee, in the Receivables originated by such Originator and the Related Assets; and (ii) upon and after the occurrence of an Event of Default, xxxx mxxx conspicuously each Contract evidencing each Receivable originated by such Originator with a legend, reasonably acceptable to Buyer and Agent, the Administrative Agent evidencing that the related Receivables have been sold or contributed Conveyed in accordance with this Agreement.

Appears in 1 contract

Samples: First Tier Purchase and Sale Agreement (Exela Technologies, Inc.)

Actions Evidencing Purchases. (a) On or prior to and following the Initial Transfer Closing Date, each Originator and the Servicer shall xxxx its master data processing accounting records evidencing Receivables and Contracts with in a legend, form acceptable to Buyer Related Buyer, the Collateral Agent and Agentthe Administrative Agents, evidencing that the Receivables have been sold or contributed, as applicable, transferred to the Related Buyer in accordance with this Agreement Agreement, and neither Originator nor none of the Originators or Servicer shall change or remove such notation xxxx without the consent of Buyer the Buyers, the Collateral Agent and Agent (acting with the consent, or at the direction of, each of the Purchaser Agents)Administrative Agent. In addition, each Originator agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer the Buyers, the Collateral Agent, any Administrative Agent or its assignee any of their respective designees may reasonably request in order to perfect, protect or more fully evidence the purchases, sales and contributions hereunder, or to enable Buyer or its assigns the Buyers, the Collateral Agent and the Administrative Agents to exercise or enforce any of their respective rights with respect to the Receivables and the Related Assets. Without limiting the generality of the foregoing, each Originator will upon the request of Buyer the Buyers, the Collateral Agent or its assigneeany Administrative Agent: (i) authorize and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriate; and (ii) upon and after at any time during the occurrence continuance of an Event of DefaultTermination, Collection Control Event or Non-Reinvestment Event, xxxx conspicuously each Contract evidencing each Receivable with a legend, acceptable to Buyer and Agent, its master data processing records evidencing that the related Pool Receivables have been sold or contributed in accordance with this Agreement.

Appears in 1 contract

Samples: Receivables Sale Agreement (SPRINT Corp)

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Actions Evidencing Purchases. (a) On or prior to the Initial Transfer Closing Date, Originator the Seller (or Servicer, on behalf of the Seller) shall xxxx mxxx its master data processing records evidencing Receivables and Contracts with in a legend, form reasonably acceptable to Buyer and the Administrative Agent, evidencing that the Receivables acquired by the Seller have been sold or contributed, as applicable, transferred in accordance with this Agreement Agreement, and neither Originator nor none of the Seller or Initial Servicer shall change or remove such notation mxxx without the consent of Buyer and Agent (acting with the consentAdministrative Agent, or at the direction of, each of the Purchaser Agents)as its assignee. In addition, Originator the Seller agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer or the Administrative Agent, as its assignee assignee, may reasonably request in order to perfect, protect or more fully evidence the purchases, sales and contributions hereunder, or to enable Buyer or the Administrative Agent, as its assigns assignee, to exercise or enforce any of their respective rights with respect to the Receivables and the Related Assets. Without limiting the generality of the foregoing, Originator the Seller will upon the request of Buyer or its assigneethe Administrative Agent: (i) authorize and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriateappropriate to perfect the interests of Buyer and the Administrative Agent, as its assignee, in the Receivables acquired by the Seller and the Related Assets; and (ii) upon and after the occurrence of if a Servicer Default or an Event of DefaultDefault has occurred and is continuing, xxxx mxxx conspicuously each Contract evidencing each Receivable acquired by the Seller with a legend, reasonably acceptable to Buyer and Agent, the Administrative Agent evidencing that the related Receivables have been sold or contributed in accordance with this Agreement.

Appears in 1 contract

Samples: Second Tier Purchase and Sale Agreement (Exela Technologies, Inc.)

Actions Evidencing Purchases. (a) On or prior to the Initial Transfer Restatement Date, each Originator (or Servicer, on behalf of such Originator) shall xxxx its master data processing records evidencing Receivables and Contracts with in a legend, form acceptable to Buyer and AgentBuyer, evidencing that the Receivables originated by such Originator have been sold or contributed, as applicable, transferred in accordance with this Agreement Agreement, and neither Originator nor none of the Originators or Servicer shall change or remove such notation xxxx without the consent of Buyer and Agent (acting with the consentAdministrative Agent, or at the direction of, each of the Purchaser Agents)as its assignee. In addition, each Originator agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer or the Administrative Agent, as its assignee may request in order to perfect, protect or more fully evidence the purchases, sales and contributions hereunder, or to enable Buyer or the Administrative Agent, as its assigns assignee to exercise or enforce any of their respective rights with respect to the Receivables and the Related Assets. Without limiting the generality of the foregoing, each Originator will upon the request of Buyer or its assigneedesignee: (i) authorize and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriateappropriate to perfect the interests of Buyer and the Administrative Agent, as its assignee in the Receivables originated by such Originator and the Related Assets; and (ii) upon and after the occurrence of if an Event of DefaultTermination has occurred and is continuing, xxxx conspicuously each Contract evidencing each Receivable its master data processing records that evidence or list such Receivables and related Contracts with a legend, acceptable to Buyer and the Administrative Agent, as its assignee, evidencing that the related Receivables have been sold or contributed in accordance with this Agreement.

Appears in 1 contract

Samples: TRS Purchase and Sale Agreement (OUTFRONT Media Inc.)

Actions Evidencing Purchases. (a) On or prior to the Initial Transfer Funding Date, each Originator (or Servicer, on behalf of such Originator) shall xxxx its master data processing records evidencing Receivables and Contracts with in a legend, form reasonably acceptable to Buyer and the Administrative Agent, evidencing that the Receivables originated by such Originator have been sold or contributed, as applicable, transferred in accordance with this Agreement Agreement, and neither Originator nor none of the Originators or Initial Servicer shall change or remove such notation xxxx without the consent of Buyer and Agent (acting with the consentAdministrative Agent, or at the direction of, each of the Purchaser Agents)as its assignee. In addition, each Originator agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer Buyer, the Borrower or the Administrative Agent, as its assignee assignee, may reasonably request in order to perfect, protect or more fully evidence the purchases, sales purchases and contributions Conveyances hereunder, or to enable Buyer Buyer, the Borrower or the Administrative Agent, as its assigns assignee, to exercise or enforce any of their respective rights with respect to the Receivables and the Related Assets. Without limiting the generality of the foregoing, each Originator will upon the request of Buyer or its assigneethe Administrative Agent: (i) authorize and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriateappropriate to perfect the interests of Buyer, Borrower and the Administrative Agent, as its assignee, in the Receivables originated by such Originator and the Related Assets; and (ii) upon and after the occurrence of an Event of Default, xxxx conspicuously each Contract evidencing each Receivable originated by such Originator with a legend, reasonably acceptable to Buyer and Agent, the Administrative Agent evidencing that the related Receivables have been sold or contributed Conveyed in accordance with this Agreement.

Appears in 1 contract

Samples: First Tier Receivables Purchase and Sale Agreement (Exela Technologies, Inc.)

Actions Evidencing Purchases. (a) On or prior to the Initial Transfer Closing Date, each Originator (or Servicer, on behalf of such Originator) shall xxxx its master data processing records evidencing Receivables and Contracts with in a legend, form reasonably acceptable to Buyer and the Administrative Agent, evidencing that the Receivables originated by such Originator have been sold or contributed, as applicable, transferred in accordance with this Agreement Agreement, and neither Originator nor none of the Originators or Initial Servicer shall change or remove such notation xxxx without the consent of Buyer and Agent (acting with the consentAdministrative Agent, or at the direction of, each of the Purchaser Agents)as its assignee. In addition, each Originator agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer or the Administrative Agent, as its assignee assignee, may reasonably request in order to perfect, protect or more fully evidence the purchases, sales and contributions hereunder, or to enable Buyer or the Administrative Agent, as its assigns assignee, to exercise or enforce any of their respective rights with respect to the Receivables and the Related Assets. Without limiting the generality of the foregoing, each Originator will upon the request of Buyer or its assigneethe Administrative Agent: (i) authorize and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriateappropriate to perfect the interests of Buyer, Borrower and the Administrative Agent, as its assignee, in the Receivables originated by such Originator and the Related Assets; and (ii) upon and after the occurrence of if a Servicer Default or an Event of DefaultDefault has occurred and is continuing, xxxx conspicuously each Contract evidencing each Receivable originated by such Originator with a legend, reasonably acceptable to Buyer and Agent, the Administrative Agent evidencing that the related Receivables have been sold or contributed in accordance with this Agreement.

Appears in 1 contract

Samples: First Tier Purchase and Sale Agreement (Exela Technologies, Inc.)

Actions Evidencing Purchases. (a) On or prior to the Initial Transfer Closing Date, Originator Seller (or Servicer, on behalf of Seller) shall xxxx mxxx its master data processing records evidencing Receivables and Contracts with in a legend, form reasonably acceptable to Buyer and the Administrative Agent, evidencing that the Receivables acquired by Seller have been sold or contributed, as applicable, transferred in accordance with this Agreement Agreement, and neither Originator nor none of the Originators or Initial Servicer shall change or remove such notation mxxx without the consent of Buyer and Agent (acting with the consentAdministrative Agent, or at the direction of, each of the Purchaser Agents)as its assignee. In addition, Originator Seller agrees that from time to time, at its expense, it will promptly execute and deliver all further instruments and documents, and take all further action that Buyer Buyer, the Seller or the Administrative Agent, as its assignee assignee, may reasonably request in order to perfect, protect or more fully evidence the purchases, sales purchases and contributions Conveyances hereunder, or to enable Buyer Buyer, the Seller or the Administrative Agent, as its assigns assignee, to exercise or enforce any of their respective rights with respect to the Receivables and the Related Assets. Without limiting the generality of the foregoing, Originator Seller will upon the request of Buyer or its assigneethe Administrative Agent: (i) authorize and file such financing or continuation statements, or amendments thereto or assignments thereof, and such other instruments or notices, as may be necessary or appropriateappropriate to perfect the interests of Buyer, Seller and the Administrative Agent, as its assignee, in the Receivables acquired by Seller and the Related Assets; and (ii) upon and after the occurrence of an Event of Default, xxxx mxxx conspicuously each Contract evidencing each Receivable acquired by Seller with a legend, reasonably acceptable to Buyer and Agent, the Administrative Agent evidencing that the related Receivables have been sold or contributed Conveyed in accordance with this Agreement.

Appears in 1 contract

Samples: Second Tier Purchase and Sale Agreement (Exela Technologies, Inc.)

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