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 1 contract

Samples: Receivables Sale Agreement (Graybar Electric Co Inc)

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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. 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 (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)

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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 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 ------------------------------------------- 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/)

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