Collections Following Amortization. On the Amortization Date and on each day thereafter, the Servicer shall set aside and hold in trust, for the holder of each Purchaser Interest and each Program F/X Counterparty, all Collections received on such day and an additional amount for the payment of any accrued and unpaid Obligations owed by Seller and not previously paid by Seller in accordance with Section 2.1.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Johnsondiversey Holdings Inc), Receivables Purchase Agreement (Johnsondiversey Inc), Receivables Purchase Agreement (Johnsondiversey Holdings Inc)
Collections Following Amortization. On the Amortization Date and on each day thereafter, the Servicer shall set aside and hold in trust, for the holder of each Purchaser Interest and each Program F/X CounterpartyInterest, all Collections received on such day and an additional amount for the payment of any accrued and unpaid Obligations owed by Seller and not previously paid by Seller in accordance with Section 2.1.. On and after the Amortization Date, the Servicer shall, at any time upon the request from time to time by (or pursuant to standing instructions from) the Agent
Appears in 3 contracts
Samples: Receivables Sale Agreement, Receivables Purchase Agreement (Jabil Circuit Inc), Receivables Purchase Agreement (Jabil Circuit Inc)
Collections Following Amortization. On the Amortization Date and on each day thereafter, the Servicer shall set aside and hold in trust, for the holder of each Purchaser Interest and each Program F/X CounterpartyInterest, all Collections received on such day and an additional amount for the payment of any accrued and unpaid Obligations owed by Seller and not previously paid by Seller in accordance with Section 2.1.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Hanesbrands Inc.), Assignment Agreement (Hanesbrands Inc.)
Collections Following Amortization. On the Amortization Date and on each day thereafter, the Servicer shall set aside and hold in trust, for the holder of each Purchaser Interest and each Program F/X CounterpartyInterest, all Collections and Deemed Collections received on such day (together with all Collections and an additional amount for the payment of any accrued and unpaid Obligations owed by Seller and not previously paid by Seller Deemed Collections then held in accordance with trust pursuant to Section 2.1.2.2 or this Section 2.3
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