Amount of Collections. Notwithstanding any provision of this Agreement to the contrary, failure to have sufficient Collections to make any payment due and payable hereunder shall in no event defer the due date of such payment, and the applicable Seller Party shall remain obligated for the amount of such deficiency.
Appears in 3 contracts
Samples: Omnibus Amendment (COMMERCIAL METALS Co), Receivables Purchase Agreement (Commercial Metals Co), Receivables Purchase Agreement (Commercial Metals Co)
Amount of Collections. Notwithstanding any provision of this Agreement to the contrary, failure to have sufficient Collections to make any payment due and payable hereunder shall in no event defer the due date of such payment, and the applicable Seller Party shall remain obligated for the amount of such deficiency.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Sensient Technologies Corp), Receivables Purchase Agreement (Sensient Technologies Corp)
Amount of Collections. Notwithstanding any provision of this Agreement to the contrary, failure to have sufficient Collections to make any payment when due and payable hereunder shall in no event defer the due date of such paymentpayment or deposit, and the applicable Seller Party shall remain obligated for the amount of such deficiency.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Commercial Metals Co)
Amount of Collections. Notwithstanding any provision of this Agreement to the contrary, failure to have sufficient Collections to make any payment when due and payable hereunder shall in no event defer the due date of such paymentpayment or deposit, and the applicable Seller Party shall remain obligated for the amount of such deficiency.
Appears in 1 contract
