Common use of Creation of Receivables Clause in Contracts

Creation of Receivables. The Originator has exercised at least the same degree of care and diligence in the creation of the Purchased Receivables as it has exercised in connection with the creation of receivables originated by it prior to the date of this Agreement and not sold hereunder.

Appears in 9 contracts

Samples: Receivables Purchase Agreement (Eagle Picher Technologies LLC), Receivables Purchase Agreement (Eagle Picher Technologies LLC), Receivables Purchase Agreement (Eagle Picher Technologies LLC)

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Creation of Receivables. The Such Originator has exercised at least the same degree of care and diligence in the creation of the Purchased Receivables sold or otherwise transferred hereunder as it has exercised in connection with the creation of receivables originated by it prior to the date of this Agreement and not sold so transferred hereunder.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Cincinnati Bell Inc), Purchase and Sale Agreement (Cincinnati Bell Inc), Purchase and Sale Agreement (Triumph Group Inc)

Creation of Receivables. The Such Originator has exercised at least the same degree of care and diligence in the creation of the Purchased Receivables sold, contributed or otherwise transferred hereunder as it has exercised in connection with the creation of receivables originated by it prior to the date of this Agreement and not sold so transferred hereunder.

Appears in 4 contracts

Samples: Omnibus Amendment to Purchase and Sale Agreement, Receivables Purchase Agreement, and Performance Guaranty (Cooper Tire & Rubber Co), Purchase and Sale Agreement (Fleetcor Technologies Inc), Purchase and Sale Agreement (Patriot Coal CORP)

Creation of Receivables. The Such Originator has exercised at least the same degree of care and diligence in the creation of the Purchased Receivables sold or otherwise conveyed hereunder as it has exercised in connection with the creation of receivables originated by it prior to the date of this Agreement and not sold so transferred hereunder.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Alliance Resource Partners Lp), Purchase and Sale Agreement (Arch Western Resources LLC)

Creation of Receivables. The Such Originator has exercised at least the same degree of care and diligence in the creation of the Purchased Receivables such Receivable, as it has exercised in connection with the creation of receivables originated by it prior to the date of this Agreement and not sold so transferred hereunder.

Appears in 2 contracts

Samples: Receivables Purchase Agreement and Purchase and Sale Agreement (Armstrong World Industries Inc), Purchase and Sale Agreement (Armstrong World Industries Inc)

Creation of Receivables. The Originator has exercised at least the same degree of care and diligence in the creation of the Purchased Receivables sold or otherwise transferred hereunder as it has exercised in connection with the creation of receivables originated by it prior to the date of this Agreement and not sold so transferred hereunder.

Appears in 2 contracts

Samples: Canadian Purchase and Sale Agreement (Cincinnati Bell Inc), Purchase and Sale Agreement (Cincinnati Bell Inc)

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Creation of Receivables. The Originator has exercised at least the same degree of care and diligence in the creation of the Purchased Receivables as it has exercised in connection with the creation of receivables originated by it prior to the date of this Agreement and not sold hereunder.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ipalco Enterprises Inc)

Creation of Receivables. The Such Originator has exercised at least the same degree of care and diligence in the creation of the Purchased Receivables sold, contributed or otherwise transferred hereunder as it has exercised in connection with the creation of previous receivables originated by it prior to the date of this Agreement and not sold so transferred hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (SWIFT TRANSPORTATION Co)

Creation of Receivables. The Such Originator has exercised at least the same degree of care and diligence in the creation or acquisition of the Purchased Receivables sold, contributed or otherwise transferred hereunder as it has exercised in connection with the creation of receivables Receivables originated by it prior to the date of this Agreement and not sold so transferred hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Fleetcor Technologies Inc)

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