Determination of Contributed Receivables. Prior to the delivery of an Election Notice, on each Transfer Date on which Buyer cannot pay the Sale Price therefor in cash or with Subordinated Loans pursuant to clause (c) above, the Parent shall identify Receivables then owned by it which have not been previously acquired by Buyer other than the Excluded Receivables, and shall, prior to the delivery of an Election Notice, contribute such Receivables as a capital contribution to Buyer (each such contributed Receivable, individually, a “Contributed Receivable,” and collectively, the “Contributed Receivables”). Notwithstanding the foregoing, the Parent shall not be obligated to make additional contributions to Buyer at any time. If on any Transfer Date (i) the Parent elects not to contribute Receivables (other than the Excluded Receivables) to Buyer when Buyer cannot pay the Sale Price therefor in cash or through Subordinated Loans, or (ii) any Originator (other than the Parent) does not sell all of its then owned Receivables to Buyer other than the Excluded Receivables, such Originator shall deliver to Buyer not later than 5:00 p.m. (New York time) on the Business Day immediately preceding such Transfer Date a notice of election thereof (each such notice, an “Election Notice”).
Determination of Contributed Receivables. On each Transfer Date, the Member shall identify Receivables then owned by the Member which have not been previously acquired by Buyer, and shall, prior to the delivery of an Election Notice, contribute such Receivables as a capital contribution to the Buyer (each such contributed Receivable, individually, a "Contributed Receivable," and collectively, the "Contributed Receivables"), to the extent Buyer cannot pay the Sale Price therefor in cash or through Subordinated Loans pursuant to the foregoing clauses (b) and (c). Notwithstanding the foregoing, the Member shall not be obligated to make additional contributions to Buyer at any time. If on any Transfer Date (i) the Member elects not to contribute Receivables to Buyer, or (ii) any Originator (other than the Member) does not sell all of its then owned Receivables to Buyer, such Originator shall deliver to Buyer not later than 5:00 p.m. (New York time) on the Business Day immediately preceding such Transfer Date a notice of election thereof (each such notice, an "Election Notice").
Determination of Contributed Receivables. Prior to the delivery of an Election Notice, on each Transfer Date on which Buyer cannot pay the Sale Price therefore in cash or with Subordinated Loans, the Parent shall identify Receivables then owned by it which have not been previously acquired by Buyer other than the Excluded Receivables, and shall, prior to the delivery of an Election Notice, contribute such Receivables as a capital contribution to the Buyer (each such contributed Receivable, individually, a “Contributed Receivable,” and collectively, the “Contributed Receivables”), to the extent Buyer cannot so pay the Sale Price therefor in cash or through Subordinated Loans pursuant to the foregoing clauses (b) and (c). Notwithstanding the foregoing, the Parent shall not be obligated to make additional contributions to Buyer at any time. If on any Transfer Date (i) the Parent elects not to contribute Receivables (other than the Excluded Receivables) to Buyer when the Buyer cannot pay the Sale Price therefore in cash or through Subordinated Loans, or (ii) any Originator (other than the Parent) does not sell all of its then owned Receivables to Buyer other than the Excluded Receivables, such Originator shall deliver to Buyer not later than 5:00 p.m. (New York time) on the Business Day immediately preceding such Transfer Date a notice of election thereof (each such notice, an “Election Notice”).
Determination of Contributed Receivables. To the extent that, on and as of any Transfer Date, Receivables owned by the Parent which do not constitute Transferred Receivables have not been identified as Sold Receivables pursuant to Section 2.01(b) then the Parent shall, unless it has delivered an Election Notice (as defined below) to Buyer, contribute such Receivables to Buyer as a capital contribution (each such contributed Receivable, individually, a "Contributed Receivable," and collectively, the "Contributed Receivables"). If the Parent elects not to contribute Receivables to Buyer on any Transfer Date, or if any Receivables eligible for sale and owned by the Parent are not sold on any Transfer Date, the Parent shall deliver to Buyer not later than 5:00 p.m. (New York time) on the Business Day immediately preceding such Transfer Date a notice of election thereof (each such notice, an "Election Notice").
Determination of Contributed Receivables. Prior to the delivery of an Election Notice (as defined below), on each Transfer Date on which the Buyer cannot pay the Sale Price therefor in cash, the Member shall identify Receivables then owned by it which have not been previously acquired by the Buyer, and shall, prior to the delivery of an Election Notice, contribute such Receivables as a capital contribution to the Buyer (each such contributed Receivable, individually, a “Contributed Receivable,” and collectively, the “Contributed Receivables”), to the extent the Buyer cannot so pay the Sale Price therefor in cash pursuant to the foregoing subsections (b) and (c). Notwithstanding the foregoing, the Member shall not be obligated to make additional contributions to the Buyer at any time. If on any Transfer Date (i) the Member elects not to contribute Receivables to the Buyer when the Buyer cannot pay the Sale Price therefor in cash, or (ii) any Originator (other than the Member) does not sell all of its then owned Receivables to the Buyer, such Originator shall deliver to the Buyer not later than 5:00 p.m. (New York time) on the Business Day immediately preceding such Transfer Date a notice of election thereof (each such notice, an “Election Notice”).
Determination of Contributed Receivables. To the extent that, on and as of any Transfer Date, Transferred Receivables owned by the Receivables Seller do not constitute Sold Receivables pursuant to Section 2.1(b) then the Receivables Seller shall, unless it has delivered an Election Notice (as defined below) to Receivables Purchaser, contribute such Transferred Receivables to Receivables Purchaser as a capital contribution (each such contributed Transferred Receivable, individually, a "Contributed Receivable," and collectively, the "Contributed Receivables"). If the Receivables Seller elects not to contribute Transferred Receivables to Receivables Purchaser on any Transfer Date, or if any Transferred Receivables eligible for sale and owned by the Receivables Seller are not sold on any Transfer Date, the Receivables Seller shall deliver to Receivables Purchaser not later than 5:00 p.m. (New York time) on the Business Day immediately preceding such Transfer Date a notice of election thereof (each such notice, an "Election Notice").
Determination of Contributed Receivables. On each Transfer Date, AK Steel shall identify Receivables then owned by it which have not been previously acquired by Buyer, and shall, prior to the delivery of an Election Notice, contribute such Receivables as a capital contribution to the Buyer (each such contributed Receivable, individually, a “Contributed Receivable,” and collectively, the “Contributed Receivables”), to the extent Buyer cannot pay the Sale Price therefor in cash or through Subordinated Loans or the issuance of a Letter of Credit pursuant to the foregoing clauses (b) and (c). Notwithstanding the foregoing, AK Steel shall not be obligated to make additional contributions to Buyer at any time. If on any Transfer Date (i) AK Steel elects not to contribute Receivables to Buyer, or (ii) any Originator (other than AK Steel) does not sell all of its then owned Receivables to Buyer, such Originator shall deliver to Buyer not later than 5:00 p.m. (New York time) on the Business Day immediately preceding such Transfer Date a notice of election thereof (each such notice, an “Election Notice”).
Determination of Contributed Receivables. To the extent that, on and as of any Transfer Date, Receivables owned by each of the Originators do not constitute Sold Receivables pursuant to Section 2.01(b), then each of the Originators shall, unless it has delivered an Election Notice (as defined below) to Buyer, contribute such Receivables and the Related Security to Buyer as a capital contribution (each such contributed Receivable, individually, a "Contributed Receivable," and collectively, the "Contributed Receivables"). If any Originator elects not to contribute Receivables and the Related Security to Buyer on any Transfer Date, or if any Receivables and the Related Security eligible for sale and owned by such Originator are not sold on any Transfer Date, such Originator shall deliver to Buyer not later than 5:00 p.m. (New York City time) on such Transfer Date a notice of election thereof (each such notice, an "Election Notice").
Determination of Contributed Receivables. To the extent that, on and as of any Transfer Date, Approved Receivables which do not constitute Transferred Receivables have not been identified as Sold Receivables pursuant to Section 2.01(b) then the Originator shall, unless it has delivered an election notice to SFC, contribute such Approved Receivables to SFC as a capital contribution (each such contributed Receivable individually, a “Contributed Receivable,” and collectively, the “Contributed Receivables”). If the Originator elects not to contribute Receivables to SFC on any Transfer Date, the Originator shall deliver to SFC not later than 5:00 p.m. (New York time) on the Business Day immediately preceding such Transfer Date a notice of such election (each such notice, an “Election Notice”).
Determination of Contributed Receivables it has delivered an Election Notice to GFC, effect transfer of such Receivables by contributing such Receivables to GFC as a capital contribution (each such contributed Receivable individually, a "Contributed Receivable," and ---------------------- collectively, the "Contributed Receivables"). If the CGS Originator elects not ----------------------- to contribute Receivables to GFC on any Transfer Date, the CGS Originator shall deliver to GFC not later than 5:00 p.m. (New York time) on the Business Day immediately preceding such Transfer Date a notice of such election (each such notice, an "Election Notice"). ---------------
