Certain Charges. The Originators and the Purchaser hereby agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of Receivables shall be the property of the Purchaser 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 the Receivables transferred, conveyed, assigned and sold to the Purchaser pursuant to Clause 2 hereof.
Appears in 3 contracts
Samples: Uk Receivables Purchase Agreement (Huntsman International LLC), Receivables Purchase Agreement (Huntsman Ici Holdings LLC), Receivables Purchase Agreement (Huntsman Ici Chemicals LLC)
Certain Charges. The Originators Each Originator and the Purchaser hereby agree that --------------- late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of Receivables shall be the property of the Purchaser notwithstanding the occurrence of an Early Originator Termination and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of the Receivables transferred, conveyed, assigned and sold to the Purchaser pursuant to Clause 2 subsection 2.01(a) ------------------ hereof.
Appears in 2 contracts
Samples: u.s. Receivables Purchase Agreement (Huntsman Ici Chemicals LLC), u.s. Receivables Purchase Agreement (Huntsman Ici Holdings LLC)
Certain Charges. The Originators Originator and the Purchaser hereby agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of Receivables shall be be, to the extent possible under the applicable law, the property of the Purchaser 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 the Receivables transferred, conveyed, assigned and sold to the Purchaser pursuant to Clause 2 hereof.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Huntsman Ici Holdings LLC), Receivables Purchase Agreement (Huntsman Ici Chemicals LLC)
Certain Charges. The Originators Each Originator and the Purchaser hereby agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of Receivables shall be the property of the Purchaser notwithstanding the occurrence of an Early Originator Termination and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of the Receivables transferred, conveyed, assigned and sold to the Purchaser pursuant to Clause 2 subsection 2.01(a) hereof.
Appears in 1 contract
Samples: u.s. Receivables Purchase Agreement (Huntsman International LLC)
Certain Charges. The Originators and the Purchaser hereby agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of Receivables shall be the property of the Purchaser notwithstanding the occurrence of an Early Originator Termination Event and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of the Receivables transferred, conveyed, assigned and sold to the Purchaser pursuant to Clause 2 hereofSection 2.1(a).
Appears in 1 contract
