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

Conditions Precedent to All Purchases and Reinvestments. Each purchase of a Purchaser Interest, issuance of a Letter of Credit and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such purchase, issuance or Reinvestment: (i) the Servicers shall have delivered to the Agent on or prior to the date of such purchase, in form and substance satisfactory to the Agent, all Periodic Reports, including, without limitation, the most recent Periodic Report as and when due under Section 8.5, and (ii) upon the Agent’s request, the Servicers shall have delivered to the Agent at least three (3) days prior to such purchase or Reinvestment an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) 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, issuance of a Letter of Credit or Reinvestment, the following statements shall be true (and acceptance of the proceeds of any of the foregoing shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)

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Conditions Precedent to All Purchases and Reinvestments. Each purchase of a Purchaser Interest, issuance of a Letter of Credit Incremental Purchase and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such purchase, issuance or ReinvestmentPurchase: (i) the Servicers Servicer shall have delivered to the Administrator and each Purchaser Agent on or prior to the date of such purchasePurchase, in form and substance satisfactory to the Administrator and each Purchaser Agent, all Periodic Reports, including, without limitation, the most recent Periodic Report Settlement Reports as and when due under Section 8.5, 8.5 and (ii) upon the Administrator’s or any Purchaser Agent’s request, the Servicers Servicer shall have delivered to the Administrator and each Purchaser Agent at least three one (31) days Business Day prior to such purchase or Reinvestment Purchase an interim Monthly Report showing settlement report in substantially the amount form of Eligible ReceivablesExhibit XI; (b) the Facility Termination Date shall not have occurred; (c) the Administrator and each Purchaser 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, issuance of a Letter of Credit or ReinvestmentPurchase Date, the following statements shall be true (and acceptance of the proceeds of any of the foregoing 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 (Amerisourcebergen Corp), Receivables Purchase Agreement (Amerisourcebergen Corp)

Conditions Precedent to All Purchases and Reinvestments. Each purchase of a Purchaser Interest, issuance of a Letter of Credit and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such purchase, issuance or Reinvestment: (i) the Servicers shall have delivered to the Agent on or prior to the date of such purchase, in form and substance satisfactory to the Agent, all Periodic Reports, including, without limitation, the most recent Periodic Report as and when due under Section 8.5, and (ii) upon the Agent’s request, the Servicers shall have delivered to the Agent at least three (3) days prior to such purchase or Reinvestment an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) 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, issuance of a Letter of Credit or Reinvestment, the following statements shall be true (and acceptance of the proceeds of any such Incremental Purchase or Reinvestmentany of the foregoing shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Dean Foods Co)

Conditions Precedent to All Purchases and Reinvestments. Each purchase of a Purchaser Interest, issuance of a Letter of Credit Incremental Purchase and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such purchase, issuance or ReinvestmentPurchase: (i) the Servicers Servicer shall have delivered to the Agent on or prior to the date of such purchasePurchase, in form and substance satisfactory to the Agent, all Periodic Reports, including, without limitation, the most recent Periodic Report Monthly Reports as and when due under Section 8.5, 8.5 and (ii) upon the Agent’s 's request, the Servicers Servicer shall have delivered to the Agent at least three (3) days prior to such purchase or Reinvestment Purchase an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) the 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, issuance of a Letter of Credit or ReinvestmentPurchase Date, the following statements shall be true (and acceptance of the proceeds of any of the foregoing 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 (Adc Telecommunications Inc)

Conditions Precedent to All Purchases and Reinvestments. Each purchase of a Purchaser Interest, issuance of a Letter of Credit Interest and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such purchase, issuance purchase or Reinvestment: (i) the Servicers Servicer shall have delivered to the Agent on or prior to the date of such purchase, in form and substance satisfactory to the Agent, all Periodic Reports, including, without limitation, the most recent Periodic Report Monthly Reports and Weekly Reports as and when due under Section 8.5, 8.5 and (ii) upon the Agent’s request, the Servicers Servicer shall have delivered to the Agent at least three (3) days prior to such purchase or Reinvestment an interim Monthly Report report showing the amount of Eligible ReceivablesReceivables only; (b) the Facility Termination Date shall not have occurred; (c) 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, issuance of a Letter of Credit Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of any of the foregoing 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 (Avnet Inc)

Conditions Precedent to All Purchases and Reinvestments. Each purchase of a Purchaser Interest, issuance of a Letter of Credit Interest and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such purchase, issuance purchase or Reinvestment: (i) the Servicers Servicer shall have delivered to the Agent on or prior to the date of such purchase, in form and substance satisfactory to the Agent, all Periodic Reports, including, without limitation, the most recent Periodic Report Monthly Reports as and when due under Section 8.5, 8.5 and (ii) upon the Agent’s 's request, the Servicers Servicer shall have delivered to the Agent at least three (3) days prior to such purchase or Reinvestment an interim Monthly Report showing the amount of Eligible Receivables; (ba) the Facility Termination Date shall not have occurred; (c) 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, issuance of a Letter of Credit Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of any of the foregoing 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 (Graybar Electric Co Inc)

Conditions Precedent to All Purchases and Reinvestments. Each purchase of a Purchaser Interest, issuance of a Letter of Credit Incremental Purchase and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such purchase, issuance or ReinvestmentPurchase: (i) the Servicers Servicer shall have delivered to the Agent on or prior to the date of such purchasePurchase, in form and substance satisfactory to the Agent, all Periodic Reports, including, without limitation, the most recent Periodic Report Monthly Reports as and when due under Section 8.5, 8.5 and (ii) upon the Agent’s request's request after the occurrence of an Amortization Event, the Servicers Servicer shall have delivered to the Agent at least three (3) days prior to such purchase or Reinvestment Purchase an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) the 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, issuance of a Letter of Credit or ReinvestmentPurchase Date, the following statements shall be true (and acceptance of the proceeds of any of the foregoing 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 (Edwards Lifesciences Corp)

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Conditions Precedent to All Purchases and Reinvestments. Each purchase of a Purchaser Interest, issuance of a Letter of Credit Interest and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such purchase, issuance purchase or Reinvestment: (i) the Servicers i)the Servicer shall have delivered to the Agent on or prior to the date of such purchase, in form and substance satisfactory to the Agent, all Periodic Reports, including, without limitation, the most recent Periodic Report Monthly Reports and Interim Reports as and when due under Section 8.5, 8.5 and (ii) upon the Agent’s 's request, the Servicers Servicer shall have delivered to the Agent at least three (3) days prior to such purchase or Reinvestment an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) 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, issuance of a Letter of Credit Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of any of the foregoing 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 (Energizer Holdings Inc)

Conditions Precedent to All Purchases and Reinvestments. Each purchase of a Purchaser Interest, issuance of Interest (other than pursuant to a Letter of Credit Liquidity Agreement) and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such purchase, issuance purchase or Reinvestment: (ia) the Servicers Servicer shall have delivered to the Agent on or prior to the date of such purchase, in form and substance satisfactory to the Agent, all Periodic Reports, including, without limitation, the most recent Periodic Report as and when Collateral Reports due under Section 8.5, and (ii) upon the Agent’s request, the Servicers shall have delivered to the Agent at least three (3) days prior to such purchase or Reinvestment an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) the Agent shall have received such other approvals, opinions or documents as it the Agent may have requested in accordance with the terms of this Agreement or any other Transaction Document or as the Agent may reasonably request in light of any event, circumstance or condition arising or occurring after the date of this Agreement which could reasonably be expected to have a Material Adverse Effect and (d) on the date of each such Incremental Purchase, issuance of a Letter of Credit Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of any of the foregoing 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 (Flowserve Corp)

Conditions Precedent to All Purchases and Reinvestments. Each purchase of a Purchaser Interest, issuance of a Letter of Credit 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 purchase, issuance purchase or Reinvestment: (i) the Servicers Servicer shall have delivered to the Agent on or prior to the date of such purchase, in form and substance satisfactory to the Agent, all Periodic Reports, including, without limitation, the most recent Periodic Report Monthly Reports as and when due under Section 8.5, 8.5 and (ii) upon the Agent’s 's request, the Servicers Servicer shall have delivered to the Agent at least three (3) days prior to such purchase or Reinvestment an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) 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, issuance of a Letter of Credit Purchase or Reinvestment, the following statements shall be true (and acceptance of the proceeds of any of the foregoing 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: u.s. Receivables Purchase Agreement (Weatherford International Inc /New/)

Conditions Precedent to All Purchases and Reinvestments. Each purchase of a Purchaser Interest, issuance of a Letter of Credit Incremental Purchase and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such purchase, issuance or ReinvestmentPurchase: (i) the Servicers Servicer shall have delivered to the Agent and each Purchaser Agent on or prior to the date of such purchasePurchase, in form and substance satisfactory to the Agent and each Purchaser Agent, all Periodic Reports, including, without limitation, the most recent Periodic Report Settlement Reports as and when due under Section 8.5, 8.5 and (ii) upon the Agent’s or any Purchaser Agent’s request, the Servicers Servicer shall have delivered to the Agent and each Purchaser Agent at least three one (31) days Business Day prior to such purchase or Reinvestment Purchase an interim Monthly Report showing settlement report in substantially the amount form of Eligible ReceivablesExhibit XI; (b) the Facility Termination Date shall not have occurred; (c) the Agent and each Purchaser 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, issuance of a Letter of Credit or ReinvestmentPurchase Date, the following statements shall be true (and acceptance of the proceeds of any of the foregoing 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 (Henry Schein Inc)

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