Common use of Additional Purchase Groups Clause in Contracts

Additional Purchase Groups. Upon the Seller’s request, an additional Purchase Group may be added to this Agreement at any time by execution and delivery of a Joinder Agreement by the members of such proposed additional Purchase Group, the Seller, the Servicer, the Agent and each of the Managing Agents, and execution and delivery of a reaffirmation of the Performance Undertaking, which execution and delivery shall not unreasonably be refused by such parties. Upon the effective date of such Joinder Agreement, (i) each Person identified therein as a “Conduit” shall become a party hereto as the Conduit for such Purchase Group, entitled to the rights and subject to the obligations of a Conduit hereunder, (ii) each Person identified therein as a “Financial Institution” shall become a party hereto as a Financial Institution and a member of such Purchase Group, entitled to the rights and subject to the obligations of a Financial Institution hereunder, (iii) each Person identified therein as a “Managing Agent” shall become a party hereto as the Managing Agent for such Purchase Group, entitled to the rights and subject to the obligations of a Managing Agent hereunder, and (iv) the Purchase Limit shall be increased by an amount equal to the aggregate Commitments of the Financial Institutions party to such Joinder Agreement.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Johnsondiversey Holdings Inc), Receivables Purchase Agreement (Johnsondiversey Inc)

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Additional Purchase Groups. Upon the Seller’s request, an additional Purchase Group may be added to this Agreement at any time by execution and delivery of a Joinder Agreement by the members of such proposed additional Purchase Group, the Seller, the Servicer, the Agent and each of the Managing Agents, and execution and delivery of a reaffirmation of the each Performance Undertaking, which execution and delivery shall not unreasonably be refused by such parties. Upon the effective date of such Joinder Agreement, (i) each Person identified therein as a “Conduit” shall become a party hereto as the Conduit for such Purchase Group, entitled to the rights and subject to the obligations of a Conduit hereunder, (ii) each Person identified therein as a “Financial Institution” shall become a party hereto as a Financial Institution and a member of such Purchase Group, entitled to the rights and subject to the obligations of a Financial Institution hereunder, (iii) each Person identified therein as a “Managing Agent” shall become a party hereto as the Managing Agent for such Purchase Group, entitled to the rights and subject to the obligations of a Managing Agent hereunder, and (iv) the Purchase Limit shall be increased by an amount equal to the aggregate Commitments of the Financial Institutions party to such Joinder Agreement.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Johnsondiversey Inc), Receivables Purchase Agreement (Johnsondiversey Holdings Inc)

Additional Purchase Groups. Upon the Seller’s 's request, an additional Purchase Group may be added to this Agreement at any time by the execution and delivery of a Joinder Agreement by the members of such proposed additional Purchase Group, the Seller, the Servicer, ATTWS, the Program Agent and each of the Managing Agents, and execution and delivery of a reaffirmation of the Performance Undertaking, which execution and delivery shall not be unreasonably be refused by such parties. Upon the effective date of such Joinder Agreement, (i) each Person identified specified therein as a “Conduit” "Conduit Purchaser" shall become a party hereto as the a Conduit for such Purchase GroupPurchaser, entitled to the rights and subject to the obligations of a Conduit Purchaser hereunder, (ii) each Person identified specified therein as a “Financial Institution” "Committed Purchaser" shall become a party hereto as a Financial Institution and a member of such Purchase GroupCommitted Purchaser, entitled to the rights and subject to the obligations of a Financial Institution Committed Purchaser hereunder, (iii) each Person identified specified therein as a "Managing Agent" shall become a party hereto as the a Managing Agent for such Purchase GroupAgent, entitled to the rights and subject to the obligations of a Managing Agent hereunder, hereunder and (iv) the Purchase Limit shall be increased by an amount equal to the aggregate Commitments of the Financial Institutions Committed Purchasers party to such Joinder Agreement. On or prior to the effective date of such Joinder Agreement, the Seller and the new Managing Agent shall enter into a fee letter for purposes of setting forth the fees payable to the members of such Purchase Group in connection with this Agreement, which fee letter shall be considered a "Fee Letter" for all purposes of this Agreement.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (At&t Wireless Services Inc), Receivables Purchase Agreement (At&t Wireless Services Inc)

Additional Purchase Groups. Upon the Seller’s request's request and with the consent of the Agent, an additional Purchase Group Groups may be added to this Agreement at any time by the execution and delivery of a Joinder Agreement by the members of such proposed additional Purchase Group, the Seller, the Servicer, the Agent and each of the Managing Agents, and execution and delivery of a reaffirmation of the Performance Undertaking, which execution and delivery shall not be unreasonably be refused by such parties. Upon the effective date of such Joinder Agreement, (i) each Person identified specified therein as a "Conduit" shall become a party hereto as the Conduit for such Purchase Groupa Conduit, entitled to the rights and subject to the obligations of a Conduit hereunder, (ii) each Person identified specified therein as a “Financial Institution” an "Investor" shall become a party hereto as a Financial Institution and a member of such Purchase Groupan Investor, entitled to the rights and subject to the obligations of a Financial Institution an Investor hereunder, (iii) each Person identified specified therein as a "Managing Agent" shall become a party hereto as the a Managing Agent for such Purchase GroupAgent, entitled to the rights and subject to the obligations of a Managing Agent hereunder, hereunder and (iv) the Purchase Limit shall be increased by an amount equal to the aggregate Commitments of the Financial Institutions Investor(s) party to such Joinder Agreement. On or prior to the effective date of such Joinder Agreement, the Seller, the new Conduit and the new Managing Agent shall enter into a fee letter for purposes of setting forth the fees payable to the members of such Purchase Group in connection with this Agreement, which fee letter shall be considered a "Fee Letter" for all purposes of this Agreement.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Bon Ton Stores Inc)

Additional Purchase Groups. Upon the Seller’s requestTransferor's request and with the consent of the Class A Agent, an additional Purchase Group Groups may be added to this Agreement at any time by the execution and delivery of a Joinder Agreement joinder agreement by the members of such proposed additional Purchase Group, the SellerTransferor, the Servicer, Servicer and the Agent and each of the Managing Agents, and execution and delivery of a reaffirmation of the Performance Undertaking, which execution and delivery shall not be unreasonably be refused by such parties. Upon the effective date of such Joinder Agreementjoinder agreement, (i) each Person identified specified therein as a “Conduit” "Conduit Purchaser" shall become a party hereto as the a Conduit for such Purchase GroupPurchaser, entitled to the rights and subject to the obligations of a Conduit Purchaser hereunder, (ii) each Person identified specified therein as a “Financial Institution” an "Committed Purchaser" shall become a party hereto as a Financial Institution and a member of such Purchase GroupCommitted Purchaser, entitled to the rights and subject to the obligations of a Financial Institution Committed Purchaser hereunder, (iii) each Person identified specified therein as a "Managing Agent" shall become a party hereto as the a Managing Agent for such Purchase GroupAgent, entitled to the rights and subject to the obligations of a Managing Agent hereunder, hereunder and (iv) the Purchase Limit Class A Maximum Principal Balance shall be increased by an amount equal specified in such joinder agreement. On or prior to the aggregate Commitments effective date of such joinder agreement, the Financial Institutions party Transferor, the new Conduit Purchaser and the new Managing Agent shall enter into a fee letter for purposes of setting forth the fees payable to the members of such Joinder Purchase Group in connection with this Agreement, which fee letter shall be considered a "Fee Letter" for all purposes of this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Bon Ton Stores Inc)

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Additional Purchase Groups. Upon the Seller’s 's -------------------------- request, an additional Purchase Group may be added to this Agreement at any time by the execution and delivery of a Joinder Agreement by the members of such proposed additional Purchase Group, the Seller, the Servicer, the Parent, the Collateral Agent and each of the Managing Agents, and execution and delivery of a reaffirmation of the Performance Undertaking, which execution and delivery shall not be unreasonably be refused by such parties. Upon the effective date of such Joinder Agreement, (i) each Person identified specified therein as a "Conduit" shall become a party hereto as the Conduit for such Purchase Groupa Conduit, entitled to the rights and subject to the obligations of a Conduit hereunder, (ii) each Person identified specified therein as a "Financial Institution" shall become a party hereto as a Financial Institution and a member of such Purchase GroupInstitution, entitled to the rights and subject to the obligations of a Financial Institution hereunder, (iii) each Person identified specified therein as a "Managing Agent" shall become a party hereto as the a Managing Agent for such Purchase GroupAgent, entitled to the rights and subject to the obligations of a Managing Agent hereunder, hereunder and (iv) the Purchase Limit shall be increased by an amount equal to the aggregate Commitments of the Financial Institutions party to such Joinder Agreement. On or prior to the effective date of such Joinder Agreement, the Seller, the new Conduit and the new Managing Agent shall enter into a fee letter for purposes of setting forth the fees payable to the members of such Purchase Group in connection with this Agreement, which fee letter shall be considered a "Fee Letter" for all purposes of this Agreement.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Owens & Minor Inc/Va/)

Additional Purchase Groups. Upon the Seller’s requestrequest and with the consent of the Agent, an additional Purchase Group Groups may be added to this Agreement at any time by the execution and delivery of a Joinder Agreement by the members of such proposed additional Purchase Group, the Seller, the Servicer, the Agent and each of the Managing Agents, and execution and delivery of a reaffirmation of the Performance Undertaking, which execution and delivery shall not be unreasonably be refused by such parties. Upon the effective date of such Joinder Agreement, (i) each Person identified specified therein as a “Conduit” shall become a party hereto as the Conduit for such Purchase Groupa Conduit, entitled to the rights and subject to the obligations of a Conduit hereunder, (ii) each Person identified specified therein as a an Financial InstitutionInvestor” shall become a party hereto as a Financial Institution and a member of such Purchase Groupan Investor, entitled to the rights and subject to the obligations of a Financial Institution an Investor hereunder, (iii) each Person identified specified therein as a “Managing Agent” shall become a party hereto as the a Managing Agent for such Purchase GroupAgent, entitled to the rights and subject to the obligations of a Managing Agent hereunder, hereunder and (iv) the Purchase Limit shall be increased by an amount equal to the aggregate Commitments of the Financial Institutions Investor(s) party to such Joinder Agreement. On or prior to the effective date of such Joinder Agreement, the Seller, the new Conduit and the new Managing Agent shall enter into a fee letter for purposes of setting forth the fees payable to the members of such Purchase Group in connection with this Agreement, which fee letter shall be considered a “Fee Letter” for all purposes of this Agreement.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Bon Ton Stores Inc)

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