Common use of Funding of Purchase Clause in Contracts

Funding of Purchase. On the date of each Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article V, make available to the Seller the amount of its Purchase in same day funds by wire transfer to an account designated in writing by the Seller.

Appears in 7 contracts

Samples: Receivables Purchase Agreement (Georgia Gulf Corp /De/), Receivables Purchase Agreement (Lifestyle Furnishings International LTD), Receivables Purchase Agreement (Mascotech Inc)

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Funding of Purchase. On the date of each Purchase, the each Purchaser shall, upon satisfaction of the applicable conditions set forth in Article V, make available to the Seller its Pro Rata Share of the amount of its the Purchase in same day funds by wire transfer to an account designated in writing by the Seller.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Georgia Gulf Corp /De/), Receivables Purchase Agreement (Lennox International Inc)

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