Certain Charges. Each Seller and the Company agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of Purchased Receivables shall be the property of the Company notwithstanding the occurrence of an Early Termination and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of Purchased Receivables.
Appears in 4 contracts
Samples: Receivables Sale Agreement (Rykoff Sexton Inc), Receivables Sale and Contribution Agreement (Core Mark International Inc), Receivables Sale Agreement (Ingram Micro Inc)
Certain Charges. Each of the Seller and the Company agree agrees that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of Purchased Receivables shall be the property of the Company notwithstanding the occurrence of an Early Termination and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of Purchased Receivables.
Appears in 2 contracts
Samples: Receivables Sale Agreement (American Axle & Manufacturing Holdings Inc), Receivables Sale Agreement (American Axle & Manufacturing Inc)
Certain Charges. Each Seller of the Sellers and the Company agree agrees that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of Purchased Receivables shall be the property of the Company notwithstanding the occurrence of an Early Termination and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of Purchased Receivables.
Appears in 1 contract
Samples: Receivables Sale Agreement (General Cable Corp /De/)
Certain Charges. Each Seller of the Sellers and the Company agree agrees that --------------- late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of Purchased Receivables shall be the property of the Company notwithstanding the occurrence of an Early Termination Termination, and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of Purchased Receivables.
Appears in 1 contract
Samples: Receivables Sale Agreement (Waste Management Inc /De/)
Certain Charges. Each Seller of the Sellers and the Company agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of Purchased Receivables shall be the property of the Company notwithstanding the occurrence of an Early Termination and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of Purchased Receivables.
Appears in 1 contract
Samples: Receivables Sale Agreement (Lifestyle Furnishings International LTD)
Certain Charges. Each Seller The Company and the Company Purchaser agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, created or accrued in respect of Purchased Receivables shall be the property of the Company notwithstanding the occurrence of an Early Termination Purchaser and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of Purchased Receivables.
Appears in 1 contract
Samples: Receivable Transfer Agreement (Cluett American Corp)
Certain Charges. Each Seller of the Sellers and the Company agree agrees that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of Purchased Receivables shall be the property of the Company notwithstanding the occurrence of an Early a Purchase Termination Event and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of Purchased Receivables.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Burlington Industries Inc /De/)
