Certain Charges. The Contributor and the Company hereby agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of a Contributed Receivable shall be the property of the Company notwithstanding the occurrence of an Early Originator Termination or Early Program Termination and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of such Contributed Receivable.
Appears in 3 contracts
Samples: European Contribution Agreement (Huntsman International LLC), u.s. Contribution Agreement (Huntsman CORP), European Contribution Agreement (Huntsman CORP)
Certain Charges. The Contributor and the Company hereby agree that --------------- late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of a Contributed Receivable Receivables shall be the property of the Company notwithstanding the occurrence of an Early Originator Termination or Early Program Termination and all Collections collections with respect thereto shall continue to be allocated and treated as Collections collections in respect of such Contributed Receivable.the Receivables transferred, conveyed, assigned and contributed to the Company pursuant to subsection 2.01(a) hereof. ------------------
Appears in 2 contracts
Samples: Contribution Agreement (Huntsman Ici Chemicals LLC), Contribution Agreement (Huntsman Ici Holdings LLC)
Certain Charges. The Contributor and the Company hereby agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of a Contributed Receivable Receivables shall be the property of the Company notwithstanding the occurrence of an Early Originator a Termination or Early Program Termination Event and all Collections with respect thereto shall continue to be allocated and treated as Collections in respect of such Contributed Receivablethe Receivables transferred, conveyed, assigned and contributed to the Company pursuant to Section 2.1(a).
Appears in 1 contract
Certain Charges. The Contributor and the Company hereby agree that late charge revenue, reversals of discounts, other fees and charges and other similar items, whenever created, accrued in respect of a Contributed Receivable shall be the property of the Company notwithstanding the occurrence of an Early Originator Termination or Early Program Termination and all Collections collections with respect thereto shall continue to be allocated and treated as Collections collections in respect of such Contributed Receivable.
Appears in 1 contract
Samples: Contribution Agreement (Huntsman International LLC)
