Ownership of Receivables and Related Security. On each Purchase Date, after giving effect to each purchase or contribution of Receivables, the Buyer shall own the Transferred Receivables. The acquisition of any Receivable shall include all rights to, but not the obligations under, all Related Security with respect to such Receivable and all Collections with respect thereto and other proceeds of such Receivable and Related Security.
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Samples: Assignment and Acceptance Agreement and Amendment (United Rentals North America Inc), Receivables Purchase Agreement (United Rentals North America Inc), Receivables Purchase Agreement and Purchase and Contribution Agreement (United Rentals North America Inc)
Ownership of Receivables and Related Security. On each Purchase Date, after giving effect to each purchase or contribution of Receivablescontribution, the Buyer shall own the Transferred Receivables. The acquisition of any Receivable shall include all rights to, but not the obligations under, all Related Security with respect to such Receivable and all Collections with respect thereto and other proceeds of such Receivable and Related Security.
Appears in 3 contracts
Samples: Purchase and Contribution Agreement (United Rentals Inc /De), Purchase Agreement (United Rentals North America Inc), Purchase and Contribution Agreement (United Rentals North America Inc)
Ownership of Receivables and Related Security. On each Purchase Date, after giving effect to each purchase or contribution of Receivablespurchase, the Buyer shall own the Transferred Purchased Receivables. The acquisition purchase of any Receivable shall include all rights to, but not the obligations under, all Related Security with respect to such Receivable and all Collections with respect thereto and other proceeds of such Receivable and Related Security.
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Samples: Purchase and Contribution Agreement (United Rentals North America Inc)
Ownership of Receivables and Related Security. On each Purchase Date, after giving effect to each purchase or contribution of Receivablespurchase, the Buyer Purchaser shall own such Receivables (collectively, the Transferred “Purchased Receivables”). The acquisition purchase of any Receivable shall include all rights to, but not the obligations under, all Related Security with respect to such Receivable and all Collections with respect thereto and other proceeds of such Receivable and Related Security.
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