Deeds. The Seller shall cause to be taken the actions required to be taken under Section 5.3 of the Purchase Agreement with respect to deeds to the residences of Relocating Employees. The Seller shall cause all title companies holding deeds to the residences of Relocating Employees on behalf of the Seller (other than in connection with releases of deeds pursuant to Section 2.2) to be Eligible Title Companies and to enter into and maintain Bailment Agreements in favor of and satisfactory in form and substance to the Agent.
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Samples: Receivables Sale Agreement (Sirva Inc), Receivables Sale Agreement (Sirva Inc)
Deeds. The Seller shall cause to be taken the actions required to be taken under Section 5.3 of the Purchase Agreement with respect to deeds to the residences of Relocating Employees. The Seller shall cause all title companies holding deeds to the residences of Relocating Employees on behalf of the Seller (other than in connection with releases of deeds pursuant to Section 2.2) to be Eligible Title Companies and to enter into and maintain Bailment Agreements in favor of and satisfactory in form and substance to the Agent.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Sirva Inc), Receivables Sale Agreement (Sirva Inc)
Deeds. The Seller shall cause to be taken the actions required to be taken under Section 5.3 5.5 of the Purchase Agreement with respect to deeds to the residences of Relocating Employees. The Seller shall cause all title companies holding deeds to the residences of Relocating Employees on behalf of the Seller (other than in connection with releases of deeds pursuant to Section 2.2) to be Eligible Title Companies and to enter into and maintain Bailment Agreements in favor of and satisfactory in form and substance to the Agent.
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