Ownership of Buyer. Originator directly owns 100% of the issued and outstanding equity interests of the Buyer, free and clear of any Adverse Claim, other than Permitted Liens. Such equity interests are validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire equity interests of the Buyer.
Appears in 4 contracts
Samples: Receivables Sale Agreement (Marathon Petroleum Corp), Receivables Sale Agreement (Marathon Petroleum Corp), Receivables Sale Agreement (Marathon Petroleum Corp)
Ownership of Buyer. Originator owns, directly owns or indirectly, 100% of the issued and outstanding equity interests Equity Interests of the Buyer, free and clear of any Adverse Claim, other than Permitted Liens. Such equity interests Equity Interests are validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire equity interests securities of the Buyer.
Appears in 4 contracts
Samples: Receivable Sale Agreement (Ferrellgas Partners Finance Corp), Receivable Sale Agreement (Ferrellgas Partners Finance Corp), Receivable Interest Sale Agreement (Ferrellgas Partners Finance Corp)
Ownership of Buyer. Originator owns, directly owns or indirectly, 100% of the issued and outstanding equity membership interests of the Buyer, free and clear of any Adverse Claim, other than Permitted Liens. Such equity interests are validly issued, fully paid and nonassessable, and there There are no options, warrants or other rights to acquire equity interests securities of the Buyer.
Appears in 4 contracts
Samples: Securitization Property Servicing Agreement (Consumers Energy Co), Securitization Property Servicing Agreement (Consumers Energy Co), Receivables Sale Agreement (CMS Energy Corp)
Ownership of Buyer. Originator owns, directly owns or indirectly, 100% of the issued and outstanding equity membership interests of the Buyer, free and clear of any Adverse Claim, other than Permitted Liens. Such equity membership interests are validly issued, fully paid and nonassessable, and there are no options, warrants or other similar rights to acquire member interests or other equity interests or securities of the Buyer.
Appears in 3 contracts
Samples: Receivables Sale Agreement (Pennsylvania Electric Co), Receivables Sale Agreement (Pennsylvania Electric Co), Receivables Sale Agreement (Pennsylvania Power Co)
Ownership of Buyer. Originator owns, directly owns or indirectly, 100% of the issued and outstanding equity interests of the Buyer, free and clear of any Adverse Claim, other than Permitted Liens. Such equity interests are validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire equity interests securities of the Buyer.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Amerisourcebergen Corp), Receivables Sale Agreement (Amerisourcebergen Corp)
Ownership of Buyer. Originator owns, directly owns or indirectly, 100% of the issued and outstanding equity interests of the Buyer, free and clear of any Adverse Claim, other than Permitted Liens. Such equity interests are validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire equity interests securities of the Buyer.
Appears in 2 contracts
Samples: Receivables Sale Agreement (International Paper Co /New/), Receivables Sale Agreement (Adc Telecommunications Inc)
Ownership of Buyer. Originator owns, directly owns or indirectly, 100% of the issued and outstanding equity membership interests having economic value of the Buyer, free and clear of any Adverse Claim, other than Permitted Liens. Such equity interests are validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire equity interests of the Buyer.
Appears in 1 contract
