Common use of No Further Reinvestments Clause in Contracts

No Further Reinvestments. Notwithstanding anything to the contrary set forth herein (including Section 3.1), after giving effect to any reduction of the Total Investment under Section 3.2(c), or otherwise, which reduces the Total Investment to zero, so long as there are no outstanding amounts constituting liabilities or other obligations of Seller, any Originator, Servicer or Performance Guarantor hereunder or under any other Transaction Document owing to any Purchaser, any Purchaser Agent, Administrative Agent, any Indemnified Party or any Affected Party, no further Reinvestments shall be made unless and until a new Purchase is made in accordance with Sections 1.1 and 1.2.

Appears in 7 contracts

Samples: Receivables Purchase Agreement (CHS Inc), Receivables Purchase Agreement (CHS Inc), Receivables Purchase Agreement (CHS Inc)

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No Further Reinvestments. Notwithstanding anything to the contrary set forth herein (including Section 3.1), after giving effect to any reduction of the Total Investment under Section 3.2(c), or otherwise, which reduces the Total Investment to zero, so long as there are no outstanding amounts constituting liabilities or other obligations of Seller, any Originator, Servicer or Performance Guarantor hereunder or under any other Transaction Document owing to any Purchaser, any Purchaser Agent, Administrative Agent, any Indemnified Party or any Affected Party, no further Reinvestments shall be made unless and until a new Purchase is made in accordance with Sections 1.1 and 1.21.2 and any Collections, so long as no such amounts are outstanding, shall be paid to the Seller as the Aggregate DPP, in accordance with Section 3.1.

Appears in 1 contract

Samples: Receivables Purchase Agreement (CHS Inc)

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