Common use of Conditions Precedent to Subsequent Payments Clause in Contracts

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assignee) shall have received such other opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the Originator that such statements are then true):

Appears in 4 contracts

Samples: Receivables Sale Agreement (Convergys Corp), Receivables Sale Agreement (Convergys Corp), Receivables Sale Agreement (Convergys Corp)

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Conditions Precedent to Subsequent Payments. The Buyer’s obligation to pay for any Purchased Receivable or accept the Originator for Receivables contribution of any Contributed Receivable coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assignee) shall have received such other opinions or documents as it may reasonably request pursuant to Section 6.2 of occurred under the Purchase Agreement, ; and (cb) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by each of the Originator Originators that such statements are then true):

Appears in 4 contracts

Samples: Receivables Sale Agreement (Sensient Technologies Corp), Receivables Sale Agreement (Kapstone Paper & Packaging Corp), Receivables Purchase Agreement (Commercial Metals Co)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Receivables coming into existence on or after the Initial Cutoff applicable Purchase Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurredoccurred under the Credit and Security Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreementrequest, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 4 contracts

Samples: Receivables Sale Agreement (WestRock Co), Receivables Sale Agreement (Rock-Tenn CO), Receivables Sale Agreement (Rock-Tenn CO)

Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurredoccurred under the Purchase Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the Originator that such statements are then true):

Appears in 4 contracts

Samples: Receivables Sale Agreement (Adc Telecommunications Inc), Receivables Sale Agreement (Adc Telecommunications Inc), Receivables Sale Agreement (Airborne Inc /De/)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Purchase Price in respect of any Receivables coming into existence after the Initial Cutoff on any Purchase Date shall be subject to the satisfaction or waiver by Buyer of the further conditions precedent that: (a) as of such Purchase Date, the Facility Termination Date shall not have occurredoccurred under the Credit and Security Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assignee) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreementrequest, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 3 contracts

Samples: Receivables Sale Agreement (Smithfield Foods Inc), Receivables Sale Agreement (Smithfield Foods Inc), Receivables Sale Agreement (Smithfield Foods Inc)

Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: that (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the Originator that such statements are then true):

Appears in 3 contracts

Samples: Receivables Sale Agreement (Avnet Inc), Receivables Sale Agreement (Ceridian Corp /De/), Receivables Sale Agreement (Avnet Inc)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurredoccurred under the Purchase Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the Originator that such statements are then true):

Appears in 2 contracts

Samples: Receivables Sale Agreement (Amerisourcebergen Corp), Receivables Sale Agreement (Amerisourcebergen Corp)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the each Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assignee) shall have received such other opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 2 contracts

Samples: Receivables Sale Agreement (RPM International Inc/De/), Receivables Sale Agreement (RPM International Inc/De/)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurredoccurred under the Purchase Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Amerisourcebergen Corp)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the each Originator for Receivables coming into existence after the Initial Cutoff Date originated by such Originator shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Ralcorp Holdings Inc /Mo)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurredoccurred under the Credit Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the applicable Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Louisiana Pacific Corp)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Receivables coming into existence after the Initial Amendment Cutoff Date shall be subject to the further conditions precedent that: that (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Avnet Inc)

Conditions Precedent to Subsequent Payments. The Buyer’s obligation to pay the Originator for purchased Receivables coming into existence after the Initial Cutoff close of business on the Cut-Off Date shall be subject to the further conditions precedent that: that (a) the Facility Termination Date shall not have occurred; , (b) the Buyer (or and the Administrative Agent, Agent (as Buyer’s collateral its assignee) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreementrequest, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by each of the Originator Originators that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale and Contribution Agreement (Pool Corp)

Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurredoccurred under the Credit and Security Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Equifax Inc)

Conditions Precedent to Subsequent Payments. The Buyer’s obligation to pay for any Purchased Receivable or accept the Originator for Receivables contribution of any Contributed Receivable coming into existence after the applicable Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assignee) shall have received such other opinions or documents as it may reasonably request pursuant to Section 6.2 of occurred under the Purchase Agreement, ; and (cb) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by each of the Originator Originators that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (COMMERCIAL METALS Co)

Conditions Precedent to Subsequent Payments. BuyerPurchaser’s obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Contracts on any Purchase Date shall be subject to the further conditions precedent that: that (a) the Facility Purchase Termination Date shall not have occurred; (b) Buyer Purchaser (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received the notice required pursuant to Section 2.2, and such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date Purchase Date for such Receivable came into existenceContracts, the following statements shall be true (and acceptance of the proceeds by any Originator of any payment for such Receivable Contract shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Patterson Companies, Inc.)

Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff on any Purchase Date shall be subject to the further conditions precedent that: that (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received the notice required pursuant to Section 1.1(a)(ii), an executed Sale Assignment and such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date Purchase Date for such Receivable came into existenceReceivables, the following statements shall be true (and acceptance of the proceeds by any Originator of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Patterson Dental Co)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Amendment Date shall be subject to the further conditions precedent that: that (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Avnet Inc)

Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: that (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the Originator of such Receivable that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Plexus Corp)

Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Cut-Off Date shall be subject to the further conditions precedent that: that (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable Receivables came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the Originator that such statements are then true):

Appears in 1 contract

Samples: Assignment Agreement (Reynolds & Reynolds Co)

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Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the Originator for Receivables each Receivable coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Commitment Termination Date shall not have occurredoccurred under the Loan Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, request; and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Us Xpress Enterprises Inc)

Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurredoccurred under the Credit and Security Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreementrequest, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Rock-Tenn CO)

Conditions Precedent to Subsequent Payments. Buyer’s 's ------------------------------------------- obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurredoccurred under the Purchase Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Actuant Corp)

Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) that the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Interface Inc)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff on any Purchase Date shall be subject to the further conditions precedent that: that (a) the Facility Termination Date shall not have occurred; (b) :Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received the notice required pursuant to Section 1.1(a)(ii), an executed Sale Assignment and such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date Purchase Date for such Receivable came into existenceReceivables, the following statements shall be true (and acceptance of the proceeds by any Originator of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Patterson Companies, Inc.)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurredoccurred under the Credit and Security Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (International Paper Co /New/)

Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the Originator for Receivables coming into existence originated by any Originator after the its Initial Cutoff Date shall be subject to the further conditions precedent that: (a) no Amortization Date with respect to all Groups shall have occurred under the Facility Termination Date shall not have occurredTransfer Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fisher Scientific International Inc)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Receivables coming into existence on or after the Initial Cutoff applicable Purchase Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurredoccurred under the Credit and Security Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreementrequest, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):): 13

Appears in 1 contract

Samples: Receivables Sale Agreement (WestRock Co)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff on any Purchase Date shall be subject to the further conditions precedent that: that (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received the notice required pursuant to Section 1.1(a)(ii), an executed Sale Assignment and such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date Purchase Date for such Receivable came into existenceReceivables, the following statements shall be true (and acceptance of the proceeds by any Originator of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Patterson Companies, Inc.)

Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurredoccurred under the Purchase Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Wolverine Tube Inc)

Conditions Precedent to Subsequent Payments. Buyer’s obligation to pay the Originator for Receivables each Receivable coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Commitment Termination Date shall not have occurredoccurred under the Loan Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, request; and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Contribution and Sale Agreement (Jarden Corp)

Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the Originator for continue to purchase Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurredoccurred under the Purchase Agreement; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date any such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Wolverine Tube Inc)

Conditions Precedent to Subsequent Payments. Buyer’s 's obligation to pay the each Originator for Receivables coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurred; (b) Buyer (or the Administrative Agent, as Buyer’s collateral assigneeits assigns) shall have received such other opinions or documents as it may reasonably request pursuant to Section 6.2 of the Purchase Agreement, and (c) on the date such Receivable came into existence, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by the such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Meredith Corp)

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