Borrower’s Agreements. The Borrower hereby (a) assigns, transfer and conveys the benefits of the representations, warranties, covenants and agreements of (i) the Sellers made to the Borrower under the Receivables Sale Agreement and (ii) the Parent made to the Borrower under the Seller Support Agreement to the Administrative Agent for the benefit of the Secured Parties hereunder and (b) acknowledges and agrees that the rights of the Borrower under the Receivables Sale Agreement may be enforced by the Lenders and the Administrative Agent.
Appears in 3 contracts
Samples: Credit and Security Agreement (Sungard Data Systems Inc), Credit and Security Agreement (Sungard Capital Corp Ii), Credit and Security Agreement (Sungard Capital Corp Ii)
Borrower’s Agreements. The Borrower hereby (a) assigns, transfer and conveys the benefits of the representations, warranties, warranties and covenants and agreements of (i) the Sellers each Originator made to the Borrower under the Receivables Sale Agreement and (ii) the Parent made to the Borrower under the Seller Support Agreement to the Administrative Agent for the benefit of the Secured Parties hereunder and (b) acknowledges and agrees that the rights of the Borrower to require payment of a Rejected Amount from an Originator under the Receivables Sale Agreement may be enforced by the Lenders and the Administrative Agent.
Appears in 2 contracts
Samples: Funding Agreement (Cumulus Media Inc), Receivables Funding and Administration Agreement (Cumulus Media Inc)
Borrower’s Agreements. The Borrower hereby (a) assigns, transfer and conveys the benefits of the representations, warranties, covenants and agreements of (i) the Sellers made to the Borrower under the Receivables Sale Agreement and (ii) the Parent made to the Borrower under the Seller Support Agreement to the Administrative Agent for the benefit of the Secured Parties hereunder and (b) acknowledges and agrees that the rights of the Borrower under the Receivables Sale Agreement may be enforced by the Lenders and the Administrative Agent.. Credit and Security Agreement
Appears in 2 contracts
Samples: Credit and Security Agreement (Sungard Data Systems Inc), Credit and Security Agreement (SunGard Systems International Inc.)
Borrower’s Agreements. The Borrower hereby (a) assigns, transfer and conveys the benefits of the representations, warranties, warranties and covenants and agreements of (i) the Sellers each Originator made to the Borrower under the Receivables Sale Agreement and (ii) the Parent made to the Borrower under the Seller Support Agreement to the Administrative Agent for the benefit of the Secured Parties hereunder and hereunder; (b) acknowledges and agrees that the rights of the Borrower to require payment of a Rejected Amount from an Originator under the Receivables Sale Agreement may be enforced by the Lenders and the Administrative Agent.; and (c) certifies that the Sale Agreement
Appears in 1 contract
Samples: Funding Agreement (RBS Global Inc)
Borrower’s Agreements. The Borrower hereby (a) assigns, transfer transfers and conveys the benefits of the representations, warranties, covenants and agreements of (i) the Sellers Originators made to the Borrower under the Receivables Sale Agreement and (ii) the Parent made to the Borrower under the Seller Support Transfer Agreement to the Administrative Collateral Agent for the benefit of the Secured Parties Agents and the Lenders hereunder and (b) acknowledges and agrees that the rights and remedies of the Borrower under the Receivables Sale Transfer Agreement may be enforced by the Lenders Collateral Agent for the benefit of the Agents and the Administrative AgentLenders.
Appears in 1 contract
