Common use of Nature of Receivables Clause in Contracts

Nature of Receivables. Each Receivable constitutes an “account” as such term is defined in the UCC.

Appears in 9 contracts

Samples: Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc)

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Nature of Receivables. Each Receivable constitutes an "account" as such term is defined in the UCC.

Appears in 6 contracts

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

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Nature of Receivables. Each Receivable constitutes is an “account” under and as such term is defined in the UCCUCC of all applicable jurisdictions.

Appears in 4 contracts

Samples: Receivables Sale Agreement (Convergys Corp), Receivables Sale Agreement (Convergys Corp), Receivables Sale Agreement (Convergys Corp)

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