Common use of Conditions Precedent to Subsequent Payments Clause in Contracts

Conditions Precedent to Subsequent Payments. Buyer's obligation to pay 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 its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 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)

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Conditions Precedent to Subsequent Payments. Buyer's ’s obligation to pay 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 occurredoccurred under the Purchase Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 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 ’s obligation to pay 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 occurredoccurred under the Purchase Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 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 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 its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 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 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 occurredoccurred under the Credit and Security Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 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 obligation to pay for Receivables coming into existence originated by any Originator after the its Initial Cutoff Date shall be subject to the further conditions precedent that 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 its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 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 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 occurredoccurred under the Credit and Security Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Equifax Inc)

Conditions Precedent to Subsequent Payments. Buyer's ------------------------------------------- obligation to pay 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 its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Graybar Electric Co Inc)

Conditions Precedent to Subsequent Payments. Buyer's obligation to pay for Receivables each Receivable coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that that: (a) the Facility Commitment Termination Date shall not have occurredoccurred under the Loan Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably request 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 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 obligation to pay 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 its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 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 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 occurredoccurred under the Credit Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (PPL Electric Utilities Corp)

Conditions Precedent to Subsequent Payments. Buyer's obligation to pay 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 occurredoccurred under the Purchase Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 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 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 occurredoccurred under the Credit and Security Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably request 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 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 obligation to pay 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 its assigns) shall have received such other approvals, opinions or documents as it may reasonably request 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 Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Puget Sound Energy Inc)

Conditions Precedent to Subsequent Payments. Buyer's ’s obligation to pay for Receivables each Receivable coming into existence after the Initial Cutoff Date shall be subject to the further conditions precedent that that: (a) the Facility Commitment Termination Date shall not have occurredoccurred under the Loan Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably request 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 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 obligation to pay for Receivables coming into existence after the Initial Cutoff Cut-Off Date shall be subject to the further conditions precedent that (a) the Facility Termination Date shall not have occurred; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably request 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 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 obligation to pay 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 its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 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. BuyerEach applicable Transferee's obligation to pay 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 occurredoccurred under the Purchase Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Lafarge Corp)

Conditions Precedent to Subsequent Payments. Buyer's obligation to pay 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 its assigns) shall have received such other approvals, opinions or documents as it may reasonably request and (c) on the date such Receivable came into existence, 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 such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Dean Foods Co/)

Conditions Precedent to Subsequent Payments. Buyer's ’s obligation to pay 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 occurredoccurred under the Credit Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 applicable Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Louisiana Pacific Corp)

Conditions Precedent to Subsequent Payments. The Buyer's ’s obligation to pay for Receivables any Purchased Receivable or accept the contribution of any Contributed Receivable coming into existence after the applicable Initial Cutoff Date shall be subject to the further conditions precedent that that: (a) the Facility Termination Date shall not have occurredoccurred under the Purchase Agreement; and (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 Originator each of the Originators that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (COMMERCIAL METALS Co)

Conditions Precedent to Subsequent Payments. Buyer's obligation to pay for continue to purchase 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 occurredoccurred under the Purchase Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably request 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 Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Wolverine Tube Inc)

Conditions Precedent to Subsequent Payments. BuyerOriginator's obligation to pay 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 Originator (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 by any Original Seller for such Receivable shall be deemed a representation and warranty by Originator such Original Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Transfer Agreement (Interface Inc)

Conditions Precedent to Subsequent Payments. Buyer's ------------------------------------------- obligation to pay 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 occurredoccurred under the Purchase Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 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 obligation to pay each 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 its 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 such Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Meredith Corp)

Conditions Precedent to Subsequent Payments. Buyer's ’s obligation to pay for Receivables coming into existence after the Initial Amendment Cutoff Date shall be subject to the further conditions precedent that (a) the Facility Termination Date shall not have occurred; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably 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 Originator that such statements are then true):

Appears in 1 contract

Samples: Receivables Sale Agreement (Avnet Inc)

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