Common use of CONTRIBUTIONS AND PAYMENT OF PURCHASE PRICE Clause in Contracts

CONTRIBUTIONS AND PAYMENT OF PURCHASE PRICE. SECTION 3.1 Initial Contribution of Receivables and Initial Purchase Price Payment 5 SECTION 3.2 Subsequent Purchase Price Payments 6 SECTION 3.3 Letters of Credit 7 SECTION 3.4 Settlement as to Specific Receivables and Dilution. 8 SECTION 3.5 Reconveyance of Receivables 9 ARTICLE IV CONDITIONS OF PURCHASES; ADDITIONAL ORIGINATORS SECTION 4.1 Conditions Precedent to Initial Purchase 9 SECTION 4.2 Certification as to Representations and Warranties 10 SECTION 4.3 Additional Originators 10 ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE ORIGINATORS SECTION 5.1 Existence and Power 11 SECTION 5.2 Company and Governmental Authorization, Contravention 11 SECTION 5.3 Binding Effect of Agreement 12 SECTION 5.4 Accuracy of Information 12 SECTION 5.5 Actions, Suits 12 SECTION 5.6 No Material Adverse Effect 12 SECTION 5.7 Names and Location 12 SECTION 5.8 Margin Stock 12 SECTION 5.9 Eligible Receivables 13 SECTION 5.10 Credit and Collection Policy 13 SECTION 5.11 Investment Company Act 13 SECTION 5.12 No Sanctions 13 SECTION 5.13 Financial Condition 13 SECTION 5.14 Tax Status 13 CONTENTS Clause Subject Matter Page SECTION 5.15 ERISA 13 SECTION 5.16 Bulk Sales 14 SECTION 5.17 No Fraudulent Conveyance 14 SECTION 5.18 Ordinary Course of Business 14 SECTION 5.19 Perfection; Good Title 14 SECTION 5.20 Reaffirmation of Representations and Warranties by each Originator 14 ARTICLE VI COVENANTS OF THE ORIGINATORS SECTION 6.1 Covenants 15 SECTION 6.2 Separateness Covenants 19 ARTICLE VII ADDITIONAL RIGHTS AND OBLIGATIONS IN RESPECT OF RECEIVABLES SECTION 7.1 Rights of the Buyer 20 SECTION 7.2 Responsibilities of the Originators 20 SECTION 7.3 Further Action Evidencing Purchases 21 SECTION 7.4 Application of Collections 21 ARTICLE VIII PURCHASE AND SALE TERMINATION EVENTS SECTION 8.1 Purchase and Sale Termination Events 22 SECTION 8.2 Remedies 22 ARTICLE IX INDEMNIFICATION SECTION 9.1 Indemnities by the Originators 23 ARTICLE X MISCELLANEOUS

Appears in 1 contract

Samples: Purchase and Sale Agreement (LyondellBasell Industries N.V.)

AutoNDA by SimpleDocs

CONTRIBUTIONS AND PAYMENT OF PURCHASE PRICE. 5 SECTION 3.1 Initial Contribution of Receivables and Initial Purchase Price Payment 5 SECTION 3.2 Subsequent Purchase Price Payments 6 7 SECTION 3.3 Letters of Credit 7 SECTION 3.4 Settlement as to Specific Receivables and Dilution. Dilution 8 SECTION 3.5 Reconveyance of Receivables 9 ARTICLE IV CONDITIONS OF PURCHASES; ADDITIONAL ORIGINATORS; REMOVAL OF ORIGINATORS 10 SECTION 4.1 Conditions Precedent to Initial Purchase 9 10 SECTION 4.2 Certification as to Representations and Warranties 10 11 SECTION 4.3 Additional Originators 10 11 SECTION 4.4 Removal of Originators 12 SECTION 4.5 Additional Contributing Originators 13 ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE ORIGINATORS SECTION 5.1 Existence and Power 11 14 SECTION 5.2 Company Power and Governmental Authorization, Contravention 11 Authority; Due Authorization 14 SECTION 5.3 Binding Effect of Agreement 12 No Conflict or Violation 15 SECTION 5.4 Governmental Approvals 15 SECTION 5.5 Valid Sale 15 SECTION 5.6 Binding Obligations 15 SECTION 5.7 Accuracy of Information 12 15 SECTION 5.5 5.8 Actions, Suits 12 16 SECTION 5.6 5.9 No Material Adverse Effect 12 SECTION 5.7 Names and Location 12 SECTION 5.8 Margin Stock 12 SECTION 5.9 Eligible Receivables 13 SECTION 5.10 Credit and Collection Policy 13 SECTION 5.11 Investment Company Act 13 SECTION 5.12 No Sanctions 13 SECTION 5.13 Financial Condition 13 SECTION 5.14 Tax Status 13 16 CONTENTS Clause Subject Matter Page SECTION 5.10 Names and Location 16 SECTION 5.11 Margin Regulations 16 SECTION 5.12 Eligible Receivables 16 SECTION 5.13 Credit and Collection Policy 17 SECTION 5.14 Investment Company Act 17 SECTION 5.15 ERISA 13 Sanctions and other Anti-Terrorism Laws 17 SECTION 5.16 Anti-Corruption Laws 17 SECTION 5.17 Financial Condition 17 SECTION 5.18 Taxes 17 SECTION 5.19 ERISA 17 SECTION 5.20 Bulk Sales 14 Act 18 SECTION 5.17 5.21 No Fraudulent Conveyance 14 18 SECTION 5.18 5.22 Ordinary Course of Business 14 18 SECTION 5.19 Perfection; Good Title 14 5.23 Perfection Representations 18 SECTION 5.20 5.24 Reliance on Separate Legal Identity 19 SECTION 5.25 Opinions 19 SECTION 5.26 Enforceability of Contracts 19 SECTION 5.27 Nature of Pool Receivables 19 SECTION 5.28 Compliance with Applicable Laws 20 SECTION 5.29 Servicing Programs 20 SECTION 5.30 Adverse Change in Receivables 20 SECTION 5.31 Compliance with Transaction Documents 20 SECTION 5.32 Reaffirmation of Representations and Warranties by each Originator 14 20 ARTICLE VI COVENANTS OF THE ORIGINATORS SECTION 6.1 Covenants 15 20 SECTION 6.2 Separateness Covenants 19 27 ARTICLE VII ADDITIONAL RIGHTS AND OBLIGATIONS IN RESPECT OF RECEIVABLES 29 SECTION 7.1 Rights of the Buyer 20 29 SECTION 7.2 Responsibilities of the Originators 20 29 SECTION 7.3 Further Action Evidencing Purchases 21 Actions 30 SECTION 7.4 Application of Collections 21 30 SECTION 7.5 Performance of Obligations 30 ARTICLE VIII PURCHASE AND SALE CONTRIBUTION TERMINATION EVENTS 30 SECTION 8.1 Purchase and Sale Contribution Termination Events 22 30 SECTION 8.2 Remedies 22 31 CONTENTS Clause Subject Matter Page ARTICLE IX INDEMNIFICATION 31 SECTION 9.1 Indemnities by the Originators 23 31 ARTICLE X MISCELLANEOUSMISCELLANEOUS 34 SECTION 10.1 Amendments, etc 34 SECTION 10.2 Notices, etc 35 SECTION 10.3 No Waiver; Cumulative Remedies 35 SECTION 10.4 Binding Effect; Assignability 35 SECTION 10.5 Governing Law 36 SECTION 10.6 Costs, Expenses and Taxes 36 SECTION 10.7 SUBMISSION TO JURISDICTION 36 SECTION 10.8 WAIVER OF JURY TRIAL 37 SECTION 10.9 Captions and Cross References; Incorporation by Reference 37 SECTION 10.10 Execution in Counterparts 37 SECTION 10.11 Acknowledgment and Agreement 37 SECTION 10.12 No Proceeding 38 SECTION 10.13 Mutual Negotiations 38 SECTION 10.14 Limited Recourse 38 SECTION 10.15 Joint and Several Liability 38 SECTION 10.16 38 SECTION 10.16 Electronic Execution of Assignments and Certain Other Documents 38 SECTION 10.17 Severability 39 SCHEDULES Schedule I List and Location of Each Originator Schedule II Location of Books and Records of the Originators Schedule III Trade Names Schedule IV Notice Addresses Schedule V Contributing Originators EXHIBITS Exhibit A Form of Joinder Agreement Exhibit B Form of Intercompany Loan Agreement This PURCHASE AND CONTRIBUTION AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), dated as of June 24, 2022 is entered into among the VARIOUS ENTITIES LISTED ON SCHEDULE I HERETO as “Originators” (as such schedule may be amended from time to time in accordance with the terms hereof) (collectively, including the Contributing Originators (as defined below), the “Originators” and each, an “Originator”), HARSCO CORPORATION, a Delaware corporation (“Harsco”), as initial Servicer (as defined below) and an Originator, and HARSCO RECEIVABLES LLC, a Delaware limited liability company (the “Buyer”).

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Harsco Corp)

CONTRIBUTIONS AND PAYMENT OF PURCHASE PRICE. 5 SECTION 3.1 Initial Contribution of Receivables and Initial Purchase Price Payment 5 SECTION 3.2 Subsequent Purchase Price Payments 6 SECTION 3.3 Letters of Credit 7 SECTION 3.4 Settlement as to Specific Receivables and Dilution. 8 SECTION 3.5 Reconveyance of Receivables 9 Dilution 6 ARTICLE IV CONDITIONS OF PURCHASES; ADDITIONAL ORIGINATORS 8 SECTION 4.1 Conditions Precedent to Initial Purchase 9 8 SECTION 4.2 Certification as to Representations and Warranties 10 9 SECTION 4.3 Additional Originators 10 9 ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE ORIGINATORS 10 SECTION 5.1 Existence and Power 10 SECTION 5.2 Power and Authority; Due Authorization 10 SECTION 5.3 No Conflict or Violation 10 SECTION 5.4 Governmental Approvals 11 SECTION 5.2 Company and Governmental Authorization, Contravention 5.5 Valid Sale 11 SECTION 5.3 5.6 Binding Effect of Agreement 12 Obligations 11 SECTION 5.4 5.7 Accuracy of Information 11 SECTION 5.8 Litigation and Other Proceedings 12 SECTION 5.5 Actions, Suits 12 SECTION 5.6 5.9 No Material Adverse Effect 12 SECTION 5.7 5.10 Names and Location 12 SECTION 5.8 5.11 Margin Stock Regulations 12 SECTION 5.9 5.12 Eligible Receivables 13 SECTION 5.10 Credit and Collection Policy 13 SECTION 5.11 Investment Company Act 13 SECTION 5.12 No Sanctions 13 SECTION 5.13 Financial Condition 13 SECTION 5.14 Tax Status 13 12 CONTENTS Clause Subject Matter Page SECTION 5.13 Credit and Collection Policy 12 SECTION 5.14 Investment Company Act 12 SECTION 5.15 Anti-Money Laundering/International Trade Law Compliance 13 SECTION 5.16 Financial Condition 13 SECTION 5.17 Taxes 13 SECTION 5.18 ERISA 13 SECTION 5.16 5.19 Bulk Sales Act 14 SECTION 5.17 5.20 No Fraudulent Conveyance 14 SECTION 5.18 5.21 Ordinary Course of Business 14 SECTION 5.19 5.22 Good Title Perfection; Good Title 14 SECTION 5.20 5.23 Additional Perfection Representations 15 SECTION 5.24 Reliance on Separate Legal Identity 15 SECTION 5.25 Opinions 16 SECTION 5.26 Enforceability of Contracts 16 SECTION 5.27 Nature of Pool Receivables 16 SECTION 5.28 Compliance with Applicable Laws 16 SECTION 5.29 Servicing Programs 16 SECTION 5.30 Adverse Change in Receivables 16 SECTION 5.31 Compliance with Transaction Documents 16 SECTION 5.32 Reaffirmation of Representations and Warranties by each Originator 14 16 ARTICLE VI COVENANTS OF THE ORIGINATORS 17 SECTION 6.1 Covenants 15 17 SECTION 6.2 Separateness Covenants 19 23 ARTICLE VII ADDITIONAL RIGHTS AND OBLIGATIONS IN RESPECT OF RECEIVABLES 25 SECTION 7.1 Rights of the Buyer 20 25 SECTION 7.2 Responsibilities of the Originators 20 25 SECTION 7.3 Further Action Evidencing Purchases 21 25 SECTION 7.4 Application of Collections 21 26 SECTION 7.5 Performance of Obligations 26 ARTICLE VIII PURCHASE AND SALE TERMINATION EVENTS 26 SECTION 8.1 Purchase and Sale Termination Events 22 26 SECTION 8.2 Remedies 22 27 CONTENTS Clause Subject Matter Page ARTICLE IX INDEMNIFICATION 27 SECTION 9.1 Indemnities by the Originators 23 27 ARTICLE X MISCELLANEOUSMISCELLANEOUS 30 SECTION 10.1 Amendments, etc 30 SECTION 10.2 Notices, etc 31 SECTION 10.3 No Waiver; Cumulative Remedies 31 SECTION 10.4 Binding Effect; Assignability 31 SECTION 10.5 Governing Law 31 SECTION 10.6 Costs, Expenses and Taxes 32 SECTION 10.7 SUBMISSION TO JURISDICTION 32 SECTION 10.8 WAIVER OF JURY TRIAL 33 SECTION 10.9 Captions and Cross References; Incorporation by Reference 33 SECTION 10.10 Execution in Counterparts 33 SECTION 10.11 Acknowledgment and Agreement 33 SECTION 10.12 No Proceeding 33 SECTION 10.13 Mutual Negotiations 34 SECTION 10.14 Joint and Several Liability 34 SECTION 10.15 Severability 34

Appears in 1 contract

Samples: Purchase and Sale Agreement (Syneos Health, Inc.)

CONTRIBUTIONS AND PAYMENT OF PURCHASE PRICE. SECTION 3.1 Initial Contribution of Receivables and Initial Purchase Price Payment 5 4 SECTION 3.2 Subsequent Purchase Price Payments 6 4 SECTION 3.3 Letters of Credit 7 5 SECTION 3.4 Settlement as to Specific Receivables and Dilution. 8 Dilution 6 SECTION 3.5 Reconveyance of Receivables 9 7 ARTICLE IV CONDITIONS OF PURCHASES; ADDITIONAL ORIGINATORS SECTION 4.1 Conditions Precedent to Initial Purchase 9 7 SECTION 4.2 Certification as to Representations and Warranties 10 8 SECTION 4.3 Additional Originators 10 8 ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE ORIGINATORS SECTION 5.1 Existence and Power 11 9 SECTION 5.2 Company and Governmental Authorization, Contravention 11 9 SECTION 5.3 Binding Effect of Agreement 12 9 SECTION 5.4 Accuracy of Information 12 9 SECTION 5.5 Actions, Suits 12 9 SECTION 5.6 No Material Adverse Effect 12 9 SECTION 5.7 Names and Location 12 10 SECTION 5.8 Margin Stock 12 10 SECTION 5.9 Eligible Receivables 13 10 SECTION 5.10 Credit and Collection Policy 13 SECTION 5.11 Investment Company Act 13 SECTION 5.12 No Sanctions 13 SECTION 5.13 Financial Condition 13 SECTION 5.14 Tax Status 13 10 CONTENTS Clause Subject Matter Page SECTION 5.11 Investment Company Act 10 SECTION 5.12 No Sanctions 10 SECTION 5.13 Financial Condition 10 SECTION 5.14 Tax Status 10 SECTION 5.15 ERISA 13 10 SECTION 5.16 Bulk Sales 14 11 SECTION 5.17 No Fraudulent Conveyance 14 11 SECTION 5.18 Ordinary Course of Business 14 11 SECTION 5.19 Perfection; Good Title 14 11 SECTION 5.20 Reliance on Separate Legal Identity 11 SECTION 5.21 Bankruptcy Opinion 11 SECTION 5.22 Enforceability of Contracts 12 SECTION 5.23 Nature of Pool Receivables 12 SECTION 5.24 Reaffirmation of Representations and Warranties by each Originator 14 12 ARTICLE VI COVENANTS OF THE ORIGINATORS SECTION 6.1 Covenants 15 12 SECTION 6.2 Separateness Covenants 19 15 ARTICLE VII ADDITIONAL RIGHTS AND OBLIGATIONS IN RESPECT OF RECEIVABLES SECTION 7.1 Rights of the Buyer 20 SECTION 7.2 Responsibilities of the Originators 20 SECTION 7.3 Further Action Evidencing Purchases 21 SECTION 7.4 Application of Collections 21 ARTICLE VIII PURCHASE AND SALE TERMINATION EVENTS SECTION 8.1 Purchase and Sale Termination Events 22 SECTION 8.2 Remedies 22 ARTICLE IX INDEMNIFICATION SECTION 9.1 Indemnities by the Originators 23 ARTICLE X MISCELLANEOUSRECEIVABLES

Appears in 1 contract

Samples: Purchase and Sale Agreement (Celanese Corp)

AutoNDA by SimpleDocs

CONTRIBUTIONS AND PAYMENT OF PURCHASE PRICE. 5 SECTION 3.1 Initial Contribution of Receivables and Initial Purchase Price Payment 5 SECTION 3.2 Subsequent Purchase Price Payments 6 SECTION 3.3 Letters of Credit 7 SECTION 3.4 Settlement as to Specific Receivables and Dilution. 8 SECTION 3.5 Reconveyance of Receivables 9 Dilution 7 ARTICLE IV CONDITIONS OF PURCHASES; ADDITIONAL ORIGINATORS 8 SECTION 4.1 Conditions Precedent to Initial Purchase 9 8 SECTION 4.2 Certification as to Representations and Warranties 10 9 SECTION 4.3 Additional Originators 10 9 ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE ORIGINATORS 10 SECTION 5.1 Existence and Power 10 SECTION 5.2 Power and Authority; Due Authorization 10 SECTION 5.3 No Conflict or Violation 11 SECTION 5.2 Company and 5.4 Governmental Authorization, Contravention Approvals 11 SECTION 5.3 5.5 Valid Sale 11 SECTION 5.6 Binding Effect of Agreement 12 Obligations 11 SECTION 5.4 5.7 Accuracy of Information 12 11 SECTION 5.5 5.8 Actions, Suits 12 SECTION 5.6 5.9 No Material Adverse Effect 12 SECTION 5.7 5.10 Names and Location 12 SECTION 5.8 5.11 Margin Stock Regulations 12 SECTION 5.9 5.12 Eligible Receivables 13 SECTION 5.10 Credit and Collection Policy 13 SECTION 5.11 Investment Company Act 13 SECTION 5.12 No Sanctions 13 SECTION 5.13 Financial Condition 13 SECTION 5.14 Tax Status 13 12 CONTENTS Clause Subject Matter Page SECTION 5.13 Credit and Collection Policy 12 SECTION 5.14 Investment Company Act 13 SECTION 5.15 Anti-Money Laundering/International Trade Law Compliance 13 SECTION 5.16 Financial Condition 13 SECTION 5.17 Taxes 13 SECTION 5.18 ERISA 13 SECTION 5.16 5.19 Bulk Sales Act 14 SECTION 5.17 5.20 No Fraudulent Conveyance 14 SECTION 5.18 5.21 Ordinary Course of Business 14 SECTION 5.19 Perfection5.22 Good Title; Good Title Perfection 14 SECTION 5.20 5.23 Perfection Representations 15 SECTION 5.24 Reliance on Separate Legal Identity 15 SECTION 5.25 Opinions 15 SECTION 5.26 Enforceability of Contracts 16 SECTION 5.27 Nature of Pool Receivables 16 SECTION 5.28 Compliance with Applicable Laws 16 SECTION 5.29 Servicing Programs 16 SECTION 5.30 Adverse Change in Receivables 16 SECTION 5.31 Compliance with Transaction Documents 16 SECTION 5.32 Sweep Account Instructions 16 SECTION 5.33 Reaffirmation of Representations and Warranties by each Originator 14 16 ARTICLE VI COVENANTS OF THE ORIGINATORS 17 SECTION 6.1 Covenants 15 17 SECTION 6.2 Separateness Covenants 19 23 ARTICLE VII ADDITIONAL RIGHTS AND OBLIGATIONS IN RESPECT OF RECEIVABLES 24 SECTION 7.1 Rights of the Buyer 20 24 SECTION 7.2 Responsibilities of the Originators 20 25 SECTION 7.3 Further Action Evidencing Purchases 21 25 SECTION 7.4 Application of Collections 21 25 SECTION 7.5 Performance of Obligations 26 ARTICLE VIII PURCHASE AND SALE TERMINATION EVENTS 26 SECTION 8.1 Purchase and Sale Termination Events 22 26 SECTION 8.2 Remedies 22 27 CONTENTS Clause Subject Matter Page ARTICLE IX INDEMNIFICATION 27 SECTION 9.1 Indemnities by the Originators 23 27 ARTICLE X MISCELLANEOUSMISCELLANEOUS 30 SECTION 10.1 Amendments, etc 30 SECTION 10.2 Notices, etc 30 SECTION 10.3 No Waiver; Cumulative Remedies 31 SECTION 10.4 Binding Effect; Assignability 31 SECTION 10.5 Governing Law 31 SECTION 10.6 Costs, Expenses and Taxes 31 SECTION 10.7 SUBMISSION TO JURISDICTION 32 SECTION 10.8 WAIVER OF JURY TRIAL 32 SECTION 10.9 Captions and Cross References; Incorporation by Reference 33 SECTION 10.10 Execution in Counterparts 33 SECTION 10.11 Acknowledgment and Agreement 33 SECTION 10.12 No Proceeding 33 SECTION 10.13 Mutual Negotiations 33 SECTION 10.14 Joint and Several Liability 34 SECTION 10.15 Severability 34 Schedule I List and Location of Each Originator Schedule II Location of Books and Records of the Originators Schedule III Trade Names Schedule IV Notice Addresses EXHIBITS Exhibit A Form of Purchase Report Exhibit B Form of Intercompany Loan Agreement Exhibit C Form of Joinder Agreement This PURCHASE AND SALE AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), dated as of February 19, 2020 is entered into among the VARIOUS ENTITIES LISTED ON SCHEDULE I HERETO (the “Originators” and each, an “Originator”), XXXXX & MINOR MEDICAL, INC., a Virginia corporation, as initial Servicer (as defined below) (“O&M Medical”), and O&M FUNDING LLC, a Delaware limited liability company (the “Buyer”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Owens & Minor Inc/Va/)

CONTRIBUTIONS AND PAYMENT OF PURCHASE PRICE. SECTION 3.1 Initial Contribution of Receivables and Initial Purchase Price Payment 5 SECTION 3.2 Subsequent Purchase Price Payments 6 SECTION 3.3 Letters of Credit 7 SECTION 3.4 Settlement as to Specific Receivables and Dilution. 8 SECTION 3.5 Reconveyance of Receivables 9 Dilution 7 ARTICLE IV CONDITIONS OF PURCHASES; ADDITIONAL ORIGINATORS SECTION 4.1 Conditions Precedent to Initial Purchase 9 8 SECTION 4.2 Certification as to Representations and Warranties 10 9 SECTION 4.3 Additional Originators 10 ARTICLE V REPRESENTATIONS AND WARRANTIES OF THE ORIGINATORS SECTION 5.1 Existence Representations and Power 11 Warranties 10 SECTION 5.2 Company and Governmental Authorization, Contravention 11 SECTION 5.3 Binding Effect of Agreement 12 SECTION 5.4 Accuracy of Information 12 SECTION 5.5 Actions, Suits 12 SECTION 5.6 No Material Adverse Effect 12 SECTION 5.7 Names and Location 12 SECTION 5.8 Margin Stock 12 SECTION 5.9 Eligible Receivables 13 SECTION 5.10 Credit and Collection Policy 13 SECTION 5.11 Investment Company Act 13 SECTION 5.12 No Sanctions 13 SECTION 5.13 Financial Condition 13 SECTION 5.14 Tax Status 13 CONTENTS Clause Subject Matter Page SECTION 5.15 ERISA 13 SECTION 5.16 Bulk Sales 14 SECTION 5.17 No Fraudulent Conveyance 14 SECTION 5.18 Ordinary Course of Business 14 SECTION 5.19 Perfection; Good Title 14 SECTION 5.20 Reaffirmation of Representations and Warranties by each Originator 14 16 ARTICLE VI COVENANTS OF THE ORIGINATORS SECTION 6.1 Covenants 15 16 SECTION 6.2 Separateness Covenants 19 23 ARTICLE VII ADDITIONAL RIGHTS AND OBLIGATIONS IN RESPECT OF RECEIVABLES SECTION 7.1 Rights of the Buyer 20 24 SECTION 7.2 Responsibilities of the Originators 20 24 SECTION 7.3 Further Action Evidencing Purchases 21 25 SECTION 7.4 Application of Collections 21 25 SECTION 7.5 Performance of Obligations 26 CONTENTS Clause Subject Matter Page ARTICLE VIII PURCHASE AND SALE TERMINATION EVENTS SECTION 8.1 Purchase and Sale Termination Events 22 26 SECTION 8.2 Remedies 22 27 ARTICLE IX INDEMNIFICATION SECTION 9.1 Indemnities by the Originators 23 27 ARTICLE X MISCELLANEOUS

Appears in 1 contract

Samples: Purchase and Sale Agreement (Quintiles Transnational Holdings Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!