Net Receivables Balance. At no time prior to the Amortization Date shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate Reserves.
Appears in 36 contracts
Samples: Receivables Purchase Agreement (Anixter International Inc), Receivables Purchase Agreement (Anixter International Inc), Receivables Purchase Agreement (Hanesbrands Inc.)
Net Receivables Balance. At no time prior to the Amortization Date shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate ReservesReserves for any period of time greater than one (1) Business Day.
Appears in 9 contracts
Samples: Receivables Purchase Agreement (McKesson Corp), Receivables Purchase Agreement (McKesson Corp), Receivables Purchase Agreement (McKesson Corp)
Net Receivables Balance. At no time prior to the Amortization Date shall any Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate ReservesReserves plus (iii) the Adjusted LC Participation Amount.
Appears in 7 contracts
Samples: Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)
Net Receivables Balance. At no time prior to the Amortization Date shall the Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate Reserves.
Appears in 5 contracts
Samples: Receivables Purchase Agreement (LKQ Corp), Intercreditor Agreement (Consumers Energy Co), Intercreditor Agreement (Consumers Energy Co)
Net Receivables Balance. At no time prior to the Amortization Date shall Seller permit the Net Receivables Balance to be less than an amount equal to 103% of the sum of (i) the Aggregate Capital plus (ii) the Aggregate Reserves.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Johnsondiversey Holdings Inc), Receivables Purchase Agreement (Johnsondiversey Holdings Inc), Receivables Purchase Agreement (Johnsondiversey Inc)
Net Receivables Balance. At no time prior to the Amortization Date shall any Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate Reserves.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)
Net Receivables Balance. At no time prior to the Amortization Date shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital Capital, plus (ii) the L/C Undrawn Amount, plus (iii) the Aggregate Reserves.
Appears in 3 contracts
Samples: Receivables Sale Agreement (Marathon Petroleum Corp), Receivables Purchase Agreement (Marathon Petroleum Corp), Receivables Purchase Agreement (Marathon Petroleum Corp)
Net Receivables Balance. At no time prior to the Amortization Date shall Seller permit the Adjusted Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate Reserves.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (RPM International Inc/De/), Receivables Purchase Agreement (RPM International Inc/De/), Receivables Purchase Agreement (RPM International Inc/De/)
Net Receivables Balance. At no time prior to the Amortization ----------------------- Date shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum aggregate Capital of (i) all the Aggregate Capital plus (ii) the Aggregate ReservesPurchaser Interests at such time.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Torchmark Corp), Receivables Purchase Agreement (Torchmark Corp)
Net Receivables Balance. At no time prior to the Amortization Date shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the L/C Undrawn Amount plus (iii) the Aggregate Reserves.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Marathon Petroleum Corp), Receivables Purchase Agreement (Marathon Petroleum Corp)
Net Receivables Balance. At no time prior to the Amortization Date shall will Seller permit the Aggregate Capital outstanding to exceed the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate Required Reserves.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Ferrellgas Partners Finance Corp)
Net Receivables Balance. At no time prior to the Amortization Date shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate Reserves; provided that during the Transition Period, the Net Receivables Balance may be less than such sum so long as the aggregate Purchaser Interests of the Purchasers do not exceed 100% at any time.
Appears in 1 contract
Net Receivables Balance. At no time prior to the Amortization Date shall will Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate aggregate Capital of all the Purchaser Interests plus (ii) the Aggregate Reserves.
Appears in 1 contract
Net Receivables Balance. At no time prior to the Amortization ----------------------- Date shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate ReservesReserves ---- for any period of time greater than one (1) Business Day.
Appears in 1 contract
Net Receivables Balance. At no time prior to the Amortization Date shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate ReservesCredit Enhancement.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Patterson Dental Co)
Net Receivables Balance. At no time prior to the Amortization Date ----------------------- shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate Reserves.. ----
Appears in 1 contract
Samples: Receivables Purchase Agreement (Energizer Holdings Inc)
Net Receivables Balance. At no time prior to the Amortization Date shall any Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate Reserves.Reserves plus (iii) the Adjusted LC Participation Amount. FIFTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT
Appears in 1 contract
Net Receivables Balance. At no time prior to the Amortization Date shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate aggregate Capital of all the Purchaser Interests plus (ii) the Aggregate Reserves.. (b)
Appears in 1 contract
Net Receivables Balance. At no time prior to the Amortization Date ----------------------- shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate Reserves.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Ralcorp Holdings Inc /Mo)
Net Receivables Balance. At no time prior to the Amortization Date shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate aggregate Capital of all the Purchaser Interests plus (ii) the Aggregate Reserves.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Trendwest Resorts Inc)
Net Receivables Balance. At no time prior to the Amortization Date shall the Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus PLUS (ii) the Aggregate Reserves.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Pioneer Standard Electronics Inc)
Net Receivables Balance. At no time prior to the Amortization Date shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum aggregate Capital of (i) all the Aggregate Capital plus (ii) the Aggregate ReservesPurchaser Interests at such time.
Appears in 1 contract
Net Receivables Balance. At no time prior to the Amortization Date shall Seller permit the Net Receivables Balance to be less than an amount equal to the sum of (i) the Aggregate Capital plus (ii) the Aggregate Reserves.
Appears in 1 contract
