Ownership of the Seller. The Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock of the Seller. Such capital stock is validly issued, fully paid and nonassessable and there are no options, warrants or other rights to acquire securities of the Seller.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Yellow Corp), Receivables Purchase Agreement (JPF Acquisition Corp), Purchase Agreement (Yellow Corp)
Ownership of the Seller. The Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock of the Seller, free and clear of any Adverse Claim. Such capital stock is validly issued, fully paid and nonassessable nonassessable, and there are no options, warrants or other rights to acquire securities of the Seller.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Eastman Chemical Co), Receivables Purchase Agreement (Eastman Chemical Co), Receivables Purchase Agreement (Agco Corp /De)
Ownership of the Seller. The Originator ownsCollectively, the Originators own, directly or indirectly, 100% of the issued and outstanding capital stock of the Seller, free and clear of any Lien other than the Lien granted in favor of the Guarantee Collateral Agent for the benefit of the Guarantee Secured Parties pursuant to the Collateral Agreement. Such capital stock is validly issued, fully paid and nonassessable nonassessable, and there are no options, warrants or other rights to acquire securities of the Seller.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Georgia Gulf Corp /De/), Receivables Purchase Agreement (Georgia Gulf Corp /De/)
Ownership of the Seller. The Originator ownsCollectively, directly or indirectly, the Originators own 100% of the issued and outstanding capital stock of the Seller, free and clear of any Lien. Such capital stock is validly issued, fully paid and nonassessable nonassessable, and there are no options, warrants or other rights to acquire securities of the Seller.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc)
Ownership of the Seller. The Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock of the Seller. Such capital stock is validly issued, fully paid and nonassessable nonassessable, and there are no options, warrants or other rights to acquire securities of the Seller other than the pledge by the Originator to the Bank Agent of the Seller's stock.
Appears in 1 contract
Ownership of the Seller. The Originator owns, directly or ----------------------- indirectly, 100% of the issued and outstanding capital stock of the Seller. Such capital stock is validly issued, fully paid and nonassessable nonassessable, and there are no options, warrants or other rights to acquire securities of the Seller.
Appears in 1 contract
