Common use of Conditions Precedent to All Purchases and Reinvestments Clause in Contracts

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase and each Reinvestment shall be subject to the further conditions precedent that in the case of each such Incremental Purchase or Reinvestment: (a) the Servicer shall have delivered to the Agent on or prior to the date of such Incremental Purchase or Reinvestment, in form and substance reasonably satisfactory to the Agent, all Monthly Reports as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; (c) each Managing Agent shall have received such other approvals, opinions or documents as it may reasonably request and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Johnsondiversey Holdings Inc), Receivables Purchase Agreement (Johnsondiversey Inc)

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Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Incremental Purchase or ReinvestmentPurchase: (ai) the Servicer shall have delivered to the Agent on or prior to the date of such Incremental Purchase or ReinvestmentPurchase, in form and substance reasonably satisfactory to the Agent, all Monthly Settlement Reports as and when due under Section 8.58.5 and (ii) upon the Agent's request, the Servicer shall have delivered to the Agent at least two (2) days prior to such Purchase an interim Settlement Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) each Managing Agent shall have received such other approvals, opinions or documents as it may reasonably request and (dc) on the date of each such Incremental Purchase or ReinvestmentDate, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Wolverine Tube Inc), Receivables Purchase Agreement (Wolverine Tube Inc)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest and each Reinvestment shall be subject to the further conditions precedent that in the case of each such Incremental Purchase purchase or Reinvestment: (a) the Servicer shall have delivered to the Administrative Agent and each Managing Agent on or prior to the date of such Incremental Purchase or Reinvestmentpurchase, in form and substance reasonably satisfactory to the Administrative Agent and each Managing Agent, all Monthly Reports reports as and when due under Section 8.5; , (b) the Facility Termination Date shall not have occurred; , (c) the Administrative Agent and each Managing Agent shall have received such other approvals, opinions or documents as it may reasonably request and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by the Seller that such statements are then true):

Appears in 2 contracts

Samples: Receivables Purchase Agreement (LKQ Corp), Receivables Purchase Agreement (LKQ Corp)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest and each Reinvestment shall be subject to the further conditions precedent that in the case of each such Incremental Purchase or Reinvestment: (a) the Servicer shall have delivered to the Administrative Agent on or prior to the date of such Incremental Purchase purchase or Reinvestment, in form and substance reasonably satisfactory to the AgentAgents, all Monthly Settlement Reports as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; (c) each Managing Agent of the Agents shall have received such other approvals, opinions or documents as it may reasonably request, provided, however, that no Co-Agent shall request additional approvals, opinions or documents pursuant to this Section unless mandated by Standard & Poor’s or Xxxxx’x Investors Service, Inc. or unless there has been a change in applicable law; and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Tenneco Inc), Receivables Purchase Agreement (Tenneco Inc)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest (other than pursuant to a Funding Agreement) and each Reinvestment shall be subject to the further conditions precedent that in the case of each such Incremental Purchase or Reinvestment: (a) the Servicer shall have delivered to the Agent Agents on or prior to the date of such Incremental Purchase purchase or Reinvestment, in form and substance reasonably satisfactory to the Agent, all Monthly Reports and Daily Reports as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; (c) each Managing Agent of the Co-Agents shall have received such other approvals, opinions or documents as it may reasonably request and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ferrellgas Partners Finance Corp)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest (other than pursuant to Section 13.1) and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Incremental Purchase purchase or Reinvestment: (a) , the Servicer shall have delivered to the Agent on or prior to the date of such Incremental Purchase or Reinvestmentpurchase, in form and substance reasonably satisfactory to the Agent, all Weekly Reports and all Monthly Reports as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; (c) each Managing the Agent shall have received such other approvals, opinions or documents as it may reasonably request and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Interface Inc)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Incremental Purchase or ReinvestmentPurchase: (ai) the Servicer shall have delivered to the Agent on or prior to the date of such Incremental Purchase or ReinvestmentPurchase, in form and substance reasonably satisfactory to the Agent, all Monthly Settlement Reports as and when due under Section 8.58.5 and (ii) upon the Agent’s request, the Servicer shall have delivered to the Agent at least two (2) days prior to such Purchase an interim Settlement Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) each Managing Agent shall have received such other approvals, opinions or documents as it may reasonably request and (dc) on the date of each such Incremental Purchase or ReinvestmentDate, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Wolverine Tube Inc)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Receivable Interest and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Incremental Purchase purchase or Reinvestment: (a) Reinvestment the Servicer Collection Agent shall have delivered to the Agent and the Purchasers on or prior to the date of such Incremental Purchase or Reinvestmentpurchase, in form and substance reasonably satisfactory to the Agent, all Monthly Reports Receivables reports as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; and (c) each Managing the Agent and the Purchasers shall have received such other approvals, opinions or documents as it may reasonably request and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Assignment Agreement (Ferro Corp)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest (other than pursuant to Section 13.1) and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Incremental Purchase purchase or Reinvestment: (a) , the Servicer shall have delivered to the Agent on or prior to the date of such Incremental Purchase or Reinvestmentpurchase, in form and substance reasonably satisfactory to the Agent, all Monthly Reports as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; (c) each Managing the Agent shall have received such other approvals, opinions or documents as it may reasonably request and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Commercial Lines LLC)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest (other than pursuant to a Funding Agreement) and each Reinvestment shall be subject to the further conditions precedent that in the case of each such Incremental Purchase or Reinvestment: (a) the Servicer shall have delivered to each of the Agent Agents on or prior to the date of such Incremental Purchase purchase or Reinvestment, in form and substance reasonably satisfactory to each of the AgentAgents, all Monthly Reports and Interim Reports as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; (c) each Managing Agent of the Agents shall have received such other approvals, opinions or documents as it may reasonably request and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ferrellgas Partners Finance Corp)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest (other than pursuant to Section 13.1) and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Incremental Purchase purchase or Reinvestment: (a) , the Servicer shall have delivered to the Agent on or prior to the date of such Incremental Purchase or Reinvestmentpurchase, in form and substance reasonably satisfactory to the Agent, all Weekly Reports and Monthly Reports Supplements as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; (c) each Managing the Agent shall have received such other approvals, opinions or documents as it may reasonably request prior thereto; and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (P&l Coal Holdings Corp)

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Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest (other than pursuant to a Funding Agreement) and each Reinvestment shall be subject to the further conditions precedent that in the case of each such Incremental Purchase or Reinvestment: (a) the Servicer shall have delivered to the Agent on or prior to the date of such Incremental Purchase purchase or Reinvestment, in form and substance reasonably satisfactory to the Agent, all Monthly Reports and interim reports as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; (c) each Managing the Agent shall have received such other approvals, opinions or documents as it may reasonably request and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ferrellgas Partners Finance Corp)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest (other than pursuant to Section 13.1) and each Reinvestment shall be subject to the further conditions precedent that in the case of each such Incremental Purchase or Reinvestment: (a) the Servicer shall have delivered to the Agent on or prior to the date of such Incremental Purchase purchase or Reinvestment, in form and substance reasonably satisfactory to the Agent, all Monthly Reports and interim reports as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; (c) each Managing the Agent shall have received such other approvals, opinions or documents as it may reasonably request and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ferrellgas Partners Finance Corp)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Incremental Purchase purchase or Reinvestment: (a) Reinvestment the Servicer shall have delivered to the Agent on or prior to the date of such Incremental Purchase or Reinvestmentpurchase, in form and substance reasonably satisfactory to the Agent, all Monthly Reports and other interim reports as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; (c) each Managing the Agent shall have received such other approvals, opinions or documents as it may reasonably request request; and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Invacare Corp)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest and each Reinvestment shall be subject to the further conditions precedent that in the case of each such Incremental Purchase or Reinvestment: (a) the Servicer shall have delivered to each of the Agent Agents on or prior to the date of such Incremental Purchase purchase or Reinvestment, in form and substance reasonably satisfactory to each of the AgentAgents, all Monthly Reports and Interim Reports as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; (c) each Managing Agent of the Agents shall have received such other approvals, opinions or documents as it may reasonably request and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ferrellgas Partners Finance Corp)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest (other than pursuant to a Funding Agreement) and each Reinvestment shall be subject to the further conditions precedent that in the case of each such Incremental Purchase or Reinvestment: (a) the Servicer shall have delivered to the Agent on or prior to the date of such Incremental Purchase purchase or Reinvestment, in form and substance reasonably satisfactory to the Agent, all Monthly Reports and interim reports as and when due under Section 8.5; (b) the Facility Termination Date shall not have occurred; (c) each Managing the Agent and Fifth Third shall have received such other approvals, opinions or documents as it may reasonably request and (d) on the date of each such Incremental Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ferrellgas Partners L P)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Incremental Purchase or Reinvestment: (a) the Servicer shall have delivered to the Agent on or prior to the date of such Incremental Purchase or ReinvestmentPurchase, in form and substance reasonably satisfactory to the Agent, all Monthly Investment Reports as and when due under Section 8.5; , (b) the Facility Termination Date shall not have occurred; (c) each Managing Agent shall have received such other approvals, opinions or documents as it may reasonably request and (dc) on the date of each such Incremental Purchase or ReinvestmentDate, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by the Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Vitro Sa De Cv)

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