Common use of Closing Date Purchases Clause in Contracts

Closing Date Purchases. Originator's entire right, title and interest in (i) each Receivable that existed and was owing to Originator as of the close of Originator's business on the Closing Date, (other than Contributed Receivables), (ii) all Related Rights with respect thereto shall be deemed to have been sold to the Company on the Closing Date.

Appears in 2 contracts

Samples: Purchase and Contribution Agreement (Pilgrims Pride Corp), Purchase and Contribution Agreement (Warren S D Co /Pa/)

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Closing Date Purchases. Each Originator's ’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator as of the close opening of such Originator's ’s business on the Closing Date, (other than Contributed Receivables), Date and (ii) all Related Rights with respect thereto automatically shall be, and shall be deemed to have been been, sold or contributed by such Originator to the Company on the Closing Date.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Armstrong World Industries Inc), Purchase and Sale Agreement (Armstrong World Industries Inc)

Closing Date Purchases. Each Originator's entire right, title and interest in (i) each Receivable that existed and was owing to such Originator as of the close of Originator's business on at the Closing Date, (other than Contributed Receivables), Date and (ii) all Related Rights with respect thereto automatically shall be deemed to have been sold (with respect to Eligible Accounts) or contributed (with respect to Ineligible Accounts) to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase, Sale and Contribution Agreement (Foster Wheeler LTD)

Closing Date Purchases. Originator's entire right, title and interest in (i) each Pool Receivable that existed and was owing to Originator as of the close of Originator's business on the Closing Date, (other than Contributed Receivables), (ii) all Related Rights with respect thereto shall be deemed to have been sold to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Vanstar Corp)

Closing Date Purchases. Each Originator's ’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator as of the close of Originator's business on at the Closing Date, (other than Contributed Receivables), Date and (ii) all Related Rights with respect thereto automatically shall be deemed to have been sold or contributed, as applicable, by such Originator to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (SWIFT TRANSPORTATION Co)

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Closing Date Purchases. Each Originator's entire right, title and interest in (i) each Receivable that existed and was owing to Originator as of the close of such Originator's business on the Closing Date, (other than Contributed Receivables), and (ii) all Related Rights with respect thereto shall be deemed to have been sold to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sequa Corp /De/)

Closing Date Purchases. The Originator's entire right, title and interest in (i) each Receivable that existed and was owing to the Originator as of the close opening of the Originator's business on the Closing Date, (other than Contributed Receivables), Portion) and (ii) all Related Rights with respect thereto shall be deemed to have been sold to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Allete)

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