Calculation of CP Costs. On the 10th Business Day immediately preceding each Settlement Date, each Conduit shall calculate the aggregate amount of CP Costs (or, as applicable, Discount at the Default Rate) owing to it for the applicable Accrual Period and shall notify the Seller of such aggregate amount.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Yellow Roadway Corp), Receivables Purchase Agreement (Yellow Roadway Corp), Receivables Purchase Agreement (Yellow Roadway Corp)
Calculation of CP Costs. On the 10th Business Day immediately preceding each Settlement Date, each Conduit FALCON shall calculate the aggregate amount of CP Costs (or, as applicable, Discount at the Default Rate) owing to it for the applicable Accrual Period and shall notify the Seller of such aggregate amount.
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Calculation of CP Costs. On the 10th Business Day immediately preceding each Monthly Settlement Date, each Conduit shall calculate the aggregate amount of CP Costs (or, as applicable, Discount at the Default Rate) owing to it for the applicable Accrual Period and shall notify the Seller of such aggregate amount.
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Calculation of CP Costs. On the 10th tenth calendar day of each month or, if such day is not a Business Day immediately preceding Day, on the next succeeding Business Day, Conduit each Settlement Date, each Conduit Funding Agent shall calculate the aggregate amount of ofthe relevant CP Costs (or, as applicable, Discount at the Default Rate) owing to it for the applicable Accrual Period and shall notify the Seller of such aggregate amount.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Energizer Holdings Inc)
