Common use of Limitation of Ownership Interest Clause in Contracts

Limitation of Ownership Interest. Nothing in this Agreement shall be interpreted as providing the Purchaser or any Bank Investor with an ownership interest in Receivables that are not Pool Receivables.

Appears in 3 contracts

Samples: Transfer and Administration Agreement (Wackenhut Corp), Transfer and Administration Agreement (Wackenhut Corp), Transfer and Administration Agreement (Wackenhut Corp)

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Limitation of Ownership Interest. Nothing in this Agreement shall be interpreted as providing the Purchaser or any Bank Investor with an ownership interest in any Receivables that are not Pool Receivables.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Applied Power Inc), Receivables Purchase Agreement (Sci Systems Inc)

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