Common use of Ownership of Seller Clause in Contracts

Ownership of Seller. Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock of Seller, free and clear of any Adverse Claim. Such capital stock is validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of Seller.

Appears in 18 contracts

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

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Ownership of Seller. Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock Equity Interests of Seller, free and clear of any Adverse Claim. Such capital stock is Equity Interests are validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of Seller.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Ferrellgas Partners Finance Corp), Receivables Purchase Agreement (Ferrellgas Partners L P), Receivables Purchase Agreement (Ferrellgas Partners Finance Corp)

Ownership of Seller. Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock limited liability company interests of Seller, free and clear of any Adverse Claim. Such capital stock is limited liability company interests are validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of Seller.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Metropolitan Edison Co), Receivables Purchase Agreement (Pennsylvania Electric Co), Receivables Purchase Agreement (Pennsylvania Power Co)

Ownership of Seller. Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock membership interests of Seller, free and clear of any Adverse Claim. Such capital stock is validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of Seller.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Beckman Coulter Inc), Receivables Purchase Agreement (Beckman Coulter Inc), Receivables Purchase Agreement (Beckman Coulter Inc)

Ownership of Seller. Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock of Seller, free and clear of any Adverse ClaimClaim other than Permitted Adverse Claims. Such capital stock is validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of Seller.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Timken Co)

Ownership of Seller. Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock of Seller, free and clear of any Adverse Claim. Such capital stock is validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of Seller.. THIRD AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT

Appears in 1 contract

Samples: Receivables Purchase Agreement (Avnet Inc)

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Ownership of Seller. The Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock of Seller, free and clear of any Adverse Claim. Such capital stock is validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of Seller.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Trendwest Resorts Inc)

Ownership of Seller. Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock equity interests of Seller, free and clear of any Adverse Claim. Such capital stock is validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of Seller.

Appears in 1 contract

Samples: Assignment Agreement (Hanesbrands Inc.)

Ownership of Seller. Originator owns, directly or indirectly, 100% ------------------- of the issued and outstanding capital stock of Seller, free and clear of any Adverse Claim. Such capital stock is validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of Seller.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Energizer Holdings Inc)

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