Conditions Precedent to All Purchases. Each purchase under ------------------------------------- this Agreement is subject to the condition precedent that the agreement of COMPUCOM to sell Receivables and Related Rights, and the agreement of the Buyer to purchase Receivables and Related Rights, shall not have terminated pursuant to Section 9.4 of this Agreement, and shall be subject further to the conditions ----------- precedent that: (a) in the case of each purchase, the Servicer shall have delivered to the Buyer on or prior to such purchase, a completed Purchase Report with respect to the immediately preceding calendar month, together with such additional information as may be reasonably requested by the Buyer; and (b) the representations and warranties contained in Article V are --------- correct on and as of such day as though made on and as of such day and shall be deemed to have been made on such day (except that any such representation or warranty that is expressly stated as being made only as of a specified earlier date shall be true and correct in all material respects as of such earlier date).
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Samples: Receivables Contribution and Sale Agreement (Safeguard Scientifics Inc Et Al), Receivables Contribution and Sale Agreement (Compucom Systems Inc), Receivables Contribution and Sale Agreement (Compucom Systems Inc)
Conditions Precedent to All Purchases. Each purchase under ------------------------------------- this Agreement is subject to the condition precedent that the agreement of COMPUCOM the Originator to sell Pool Receivables and Related Rights, and the agreement of the Buyer Initial Purchaser to purchase Pool Receivables and Related Rights, shall not have terminated pursuant to Section 9.4 of this Agreement, and shall be subject further to the conditions ----------- precedent that:
(a) in the case of each purchase, the Servicer shall have delivered to the Buyer Initial Purchaser on or prior to such purchase, a completed Purchase Report with respect to the immediately preceding calendar month, together with such additional information as may be reasonably requested by the BuyerInitial Purchaser; and
(b) the representations and warranties contained in Article V are --------- correct on and as of such day as though made on and as of such day and shall be deemed to have been made on such day (except that any such representation or warranty that is expressly stated as being made only as of a specified earlier date shall be true and correct in all material respects as of such earlier date).
Appears in 2 contracts
Samples: Purchase and Sale Agreement (D & K Healthcare Resources Inc), Purchase and Sale Agreement (Maxtor Corp)
Conditions Precedent to All Purchases. Each purchase under ------------------------------------- this Agreement is subject to the condition precedent that the agreement of COMPUCOM the Originators to sell Pool Receivables and Related Rights, and the agreement of the Buyer Initial Purchaser to purchase Pool Receivables and Related Rights, shall not have terminated pursuant to Section 9.4 of this Agreement, and shall be subject further to the conditions ----------- precedent that:
(a) in the case of each purchase, the Servicer shall have delivered to the Buyer Initial Purchaser on or prior to such purchase, a completed Purchase Report with respect to the immediately preceding calendar month, together with such additional information as may be reasonably requested by the BuyerInitial Purchaser; and
(b) the representations and warranties contained in Article V are --------- correct on and as of such day in all material respects as though made on and as of such day and shall be deemed to have been made on such day (except that any such representation or warranty that is expressly stated as being made only as of a specified earlier date shall be true and correct in all material respects as of such earlier date).
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Conditions Precedent to All Purchases. Each purchase under ------------------------------------- this Agreement is subject to the condition precedent that the agreement of COMPUCOM each Originator to sell Receivables and Related Rights, and the agreement of the Buyer SPV Purchaser to purchase Receivables and Related Rights, shall not have terminated pursuant to Section 9.4 of this Agreement, and shall be subject further to the conditions ----------- precedent that:
(a) in the case of each purchase, the Servicer shall have delivered to the Buyer SPV Purchaser on or prior to such purchase, a completed Purchase Report with respect to the immediately preceding calendar month, dated within two (2) Business Days prior to such purchase, together with such additional information as may be reasonably requested by the BuyerSPV Purchaser or the Administrator; and
(b) the representations and warranties contained in (i) Article V and (ii) the Chase Credit Documents, in accordance with the terms and conditions specified in the Chase Credit Documents therefor (all of which representations and warranties are --------- incorporated herein by reference and made a part hereof) are correct on and as of such day as though made on and as of such day and shall be deemed to have been made on such day (except that any such representation or warranty that is expressly stated as being made only as of a specified earlier date shall be true and correct in all material respects as of such earlier date).
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