Common use of Nature of Transferred Receivables Clause in Contracts

Nature of Transferred Receivables. The Transferred Receivables constitute “accounts,” “payment intangibles,” or “general intangibles” within the meaning of the applicable UCC.

Appears in 2 contracts

Samples: Master Indenture (Smurfit-Stone Container Enterprises Inc), Transfer and Servicing Agreement (Smurfit-Stone Container Enterprises Inc)

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Nature of Transferred Receivables. The Each Transferred Receivables constitute Receivable constitutes an accounts,” “payment intangiblesaccount,” or “general intangiblesintangiblewithin as such terms are defined in the meaning of the applicable UCC.

Appears in 2 contracts

Samples: Receivables Transfer and Contribution Agreement (Sanmina-Sci Corp), Receivables Transfer and Contribution Agreement (Sanmina-Sci Corp)

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Nature of Transferred Receivables. The Each Transferred Receivables constitute Receivable constitutes an accounts,accountor a “payment intangibles,intangibleor “general intangibles” within under the meaning of the applicable UCC.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Basic Energy Services Inc)

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