Common use of Actions Evidencing Purchases Clause in Contracts

Actions Evidencing Purchases. (a) On or prior to the Restatement Date, each Originator shall xxxx its master data processing records evidencing Receivables with a legend, acceptable to Buyer, evidencing that the Receivables have been sold in accordance with this Agreement. 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 its assignee may reasonably request in order to perfect, protect or more fully evidence the purchases hereunder, or to enable Buyer or its assigns to exercise or enforce any of their respective rights with respect to the Receivables. Without limiting the generality of the foregoing, each Originator hereby authorize the Agent (as assignee of the Buyer) to file, and (to the extent necessary under applicable laws) will upon the request of Agent execute and file, such financing or continuation statements, or amendments thereto or assignments thereof. (b) Each Originator and Buyer hereby authorize the Agent (as assignee of the Buyer) to (i) file one or more financing or continuation statements, and amendments thereto and assignments thereof, relative to all or any of the interests granted to Buyer and its assigns hereunder, whether now existing or hereafter arising, and (ii) to the extent required by the Second Tier Agreement, to notify Obligors of the assignment of the Receivables.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sirva Inc)

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Actions Evidencing Purchases. (a) On or prior to the Restatement DateDecember 22, 2006, each Originator shall xxxx marked its master data processing records evidencing Receivables with a legend, acceptable to Buyer, evidencing that the Receivables have been sold in accordance with this Agreement. 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 its assignee may reasonably request in order to perfect, protect or more fully evidence the purchases hereunder, or to enable Buyer or its assigns to exercise or enforce any of their respective rights with respect to the Receivables. Without limiting the generality of the foregoing, each Originator hereby authorize authorizes the Agent (as assignee of the Buyer) to file, and (to the extent necessary under applicable laws) will upon the request of Agent execute and file, such financing or continuation statements, or amendments thereto or assignments thereof. (b) Each Originator and Buyer hereby authorize the Agent (as assignee of the Buyer) to (i) file one or more financing or continuation statements, and amendments thereto and assignments thereof, relative to all or any of the interests granted to Buyer and its assigns hereunder, whether now existing or hereafter arising, and (ii) to the extent required by the Second Tier Agreement, to notify Obligors of the assignment of the Receivables.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sirva Inc)

Actions Evidencing Purchases. (a) On or prior to the Second Restatement Date, each Originator shall xxxx its master data processing records evidencing Receivables with a legend, acceptable to Buyer, evidencing that the Receivables have been sold in accordance with this Agreement. 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 its assignee may reasonably request in order to perfect, protect or more fully evidence the purchases hereunder, or to enable Buyer or its assigns to exercise or enforce any of their respective rights with respect to the Receivables. Without limiting the generality of the foregoing, each Originator hereby authorize the Agent (as assignee of the Buyer) to file, and (to the extent necessary under applicable laws) will upon the request of Agent execute and file, such financing or continuation statements, or amendments thereto or assignments thereof. (b) Each Originator and Buyer hereby authorize the Agent (as assignee of the Buyer) to (i) file one or more financing or continuation statements, and amendments thereto and assignments thereof, relative to all or any of the interests granted to Buyer and its assigns hereunder, whether now existing or hereafter arising, and (ii) to the extent required by the Second Tier Agreement, to notify Obligors of the assignment of the Receivables.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sirva Inc)

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Actions Evidencing Purchases. (a) On or prior to the Restatement Initial Funding Date, each Originator shall xxxx its master data processing records evidencing Receivables with a legend, acceptable to Buyer, evidencing that the Receivables have been sold in accordance with this Agreement. 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 its assignee may reasonably request in order to perfect, protect or more fully evidence the purchases hereunder, or to enable Buyer or its assigns to exercise or enforce any of their respective rights with respect to the Receivables. Without limiting the generality of the foregoing, each Originator hereby authorize the Agent (as assignee of the Buyer) authorizes Buyer and its designee to file, and (to the extent necessary under applicable laws) will upon the request of Agent Buyer or its designee execute and file, such financing or continuation statements, or amendments thereto or assignments thereof. (b) Each Originator and hereby authorizes Buyer hereby authorize the Agent (as or its assignee of the Buyer) to (i) file one or more financing or continuation statements, and amendments thereto and assignments thereof, relative to all or any of the interests granted to Buyer and its assigns hereunder, whether Receivables now existing or hereafter arising, arising in the name of Originator and (ii) to the extent required by the Second Tier Agreement, to notify Obligors of the assignment of the Receivables.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sirva Inc)

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