Common use of Net Receivables Balance Clause in Contracts

Net Receivables Balance. Each Seller Party has determined that, immediately after giving effect to each Incremental Purchase and Reinvestment hereunder, the Net Receivables Balance is at least equal to the sum of (i) the Aggregate Capital, plus (ii) the Aggregate Reserves.

Appears in 6 contracts

Samples: Receivables Purchase Agreement (McKesson Corp), Receivables Purchase Agreement (McKesson Corp), Receivables Purchase Agreement (McKesson Corp)

AutoNDA by SimpleDocs

Net Receivables Balance. Each Seller Party has determined that, immediately after giving effect to each Incremental Purchase and Reinvestment purchase hereunder, the Net Receivables Balance is at least equal to the sum of (i) the Aggregate Capital, plus (ii) the Aggregate Reserves.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (McKesson Corp), Receivables Purchase Agreement (McKesson Corp), Receivables Purchase Agreement (McKesson Corp)

Net Receivables Balance. Each Such Seller Party has determined that, immediately after giving effect to each Incremental Purchase and Reinvestment purchase hereunder, the Net Receivables Balance is at least 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)

AutoNDA by SimpleDocs

Net Receivables Balance. Each Seller Party has determined that, ----------------------- immediately after giving effect to each Incremental Purchase and Reinvestment purchase hereunder, the Net Receivables Balance is at least equal to the sum of (i) the Aggregate Capital, plus (ii) the ---- Aggregate Reserves.

Appears in 1 contract

Samples: Receivables Purchase Agreement (McKesson Hboc Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!