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Common use of Adverse Claim Clause in Contracts

Adverse Claim. (A) Any Person shall obtain an Adverse Claim (other than Permitted Adverse Claim) upon the Supporting Assets or any portion thereof, (B) any Person other than the Seller, the Servicer or the Administrative Agent shall obtain any rights or direct any action with respect to any Concentration Account or any Person other than an Originator shall obtain any right to direct any action with respect to a Collection Account (or related Lock-Box) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than a Seller-Related Party or the Administrative Agent.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Labcorp Holdings Inc.), Receivables Purchase Agreement (Labcorp Holdings Inc.)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim (other than Permitted Adverse Claim) upon the Supporting Assets Collateral or any portion thereof, (B) any Person other than any Aveanna Party or any Secured Party hereunder shall obtain any rights or direct any action with respect to any Collateral Account, (C) any Person other than the SellerBorrower, an Originator, the Servicer or the Administrative Agent shall obtain any rights or direct any action with respect to any Concentration Account or Collection Account(or any Person other than an Originator shall obtain any right to direct any action with respect to a Collection Account (or related Lock-Box) or (CD) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than a Seller-Related Party the Servicer or the Administrative Agent.

Appears in 2 contracts

Samples: Receivables Financing Agreement (Aveanna Healthcare Holdings, Inc.), Receivables Financing Agreement (Aveanna Healthcare Holdings, Inc.)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim (other than Permitted Adverse ClaimClaims) upon the any Supporting Assets or any portion thereofAssets, (B) any Person other than the Seller, the Servicer or the Administrative Agent shall obtain any rights or direct any action with respect to any Concentration Account or any Person other than an Originator shall obtain any right to rights or direct any action with respect to a any Collection Account (or related Lock-Box) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than a Seller-Related Party or the Administrative Agent.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Labcorp Holdings Inc.), Receivables Purchase Agreement (Labcorp Holdings Inc.)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim (other than Permitted Adverse ClaimClaims) upon the Supporting Assets Receivables or Related Rights or any portion thereof, (B) any Person other than the SellerBuyer, the Servicer or the Administrative Agent shall obtain any rights or direct any action with respect to any Concentration Account or any Person other than an Originator shall obtain any right to rights or direct any action with respect to a any Collection Account (or related Lock-Box) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than a Seller-Related Party or the Administrative Agent.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Labcorp Holdings Inc.)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon Receivables or Related Rights or any portion thereof (other than a Permitted Adverse Claim) upon the Supporting Assets or any portion thereof), (B) any Person other than an Originator, the SellerBuyer, the Servicer or the Administrative Agent shall obtain any rights or direct any action with respect to any Concentration Account or any Person other than an Originator shall obtain any right to direct any action with respect to a Collection Account (or related Lock-Box) or Blocked Account (other than a Permitted Adverse Claim) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than a Seller-Related Party an Originator, the Servicer or the Administrative Agent.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Computer Sciences Corp)