Common use of Ownership of Transferred Receivables Clause in Contracts

Ownership of Transferred Receivables. On and after each Transfer Date and after giving effect to the Transfers to be made on each such date, Buyer shall own the Transferred Receivables and no Originator shall take any action inconsistent with such ownership nor shall any Originator claim any ownership interest in such Transferred Receivables.

Appears in 11 contracts

Samples: Receivables Sale and Servicing Agreement (Rexnord Corp), Receivables Sale and Servicing Agreement, Receivables Sale and Servicing Agreement (Cumulus Media Inc)

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Ownership of Transferred Receivables. On and after each Transfer Date and after giving effect to the Transfers to be made on each such date, Buyer shall own the Transferred Receivables and no Originator shall take any action inconsistent with such ownership nor shall any Originator claim any ownership interest in such Transferred Receivables. The Excluded Receivables shall not be transferred hereunder or otherwise constitute “Sold Receivables”, “Contributed Receivables” or “Transferred Receivables” hereunder or under the Related Documents.

Appears in 8 contracts

Samples: Receivables Funding and Administration Agreement (Td Synnex Corp), Receivables Funding and Administration Agreement (Td Synnex Corp), Receivables Funding and Administration Agreement (Td Synnex Corp)

Ownership of Transferred Receivables. On and after each Transfer Date and after giving effect to the Transfers to be made on each such date, Buyer shall own all right, title and interest (whether legal or equitable), in and to the Transferred Receivables and no the Originator shall not take any action inconsistent with such ownership nor shall any the Originator claim any ownership interest in such Transferred Receivables, except as contemplated by Section 4.04.

Appears in 1 contract

Samples: Receivables Sale and Contribution Agreement (Consolidated Freightways Corp)

Ownership of Transferred Receivables. On and after each Transfer Date and after giving effect to the Transfers to be made on each such date, the Buyer shall own the Transferred Receivables and no the Originator shall not take any action inconsistent with such ownership nor shall any the Originator claim any ownership interest in such Transferred Receivables.

Appears in 1 contract

Samples: Receivables Sale and Contribution Agreement (Acco Brands Corp)

Ownership of Transferred Receivables. On and after each Transfer Date and after giving effect to the Transfers to be made on each such date, each Buyer shall own the Transferred Receivables sold or contributed to it by its Related Originator (subject to the subsequent sale to the SPV) and no Originator shall take any action inconsistent with such ownership nor shall any Originator claim any ownership interest in such Transferred Receivables.

Appears in 1 contract

Samples: Receivables Sale Agreement (Univision Holdings, Inc.)

Ownership of Transferred Receivables. On and after each Transfer Date and after giving effect to the Transfers to be made on each such date, Buyer shall own the Transferred Receivables and no Originator shall take any action inconsistent with such ownership nor shall any Originator the Parent claim any ownership interest in such Transferred Receivables.

Appears in 1 contract

Samples: Receivables Sale and Contribution Agreement (Labor Ready Inc)

Ownership of Transferred Receivables. On and after each Transfer Date ------------------------------------ and after giving effect to the Transfers to be made on each such date, Buyer shall own the Transferred Receivables and no Originator shall take any action inconsistent with such ownership nor shall any Originator claim any ownership interest in such Transferred Receivables.

Appears in 1 contract

Samples: Receivables Sale Agreement (Imperial Sugar Co /New/)

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Ownership of Transferred Receivables. On and after each Transfer Date and after giving effect to the Transfers Transfer(s) to be made on each such date, Buyer shall own the Transferred Receivables and the Related Security and no Originator shall take any action inconsistent with such ownership ownership, nor shall any Originator the Originators claim any ownership interest in such Transferred ReceivablesReceivables and the Related Security.

Appears in 1 contract

Samples: Receivables Sale and Contribution Agreement (Castle a M & Co)

Ownership of Transferred Receivables. On and after each Transfer Date and after giving effect to the Transfers to be made on each such date, Buyer shall own the Transferred Receivables and no Originator Transferor shall take any action inconsistent with such ownership nor shall any Originator Transferor claim any ownership interest in such Transferred Receivables.

Appears in 1 contract

Samples: Receivables Transfer and Servicing Agreement (Univision Holdings, Inc.)

Ownership of Transferred Receivables. On and after each Transfer Date and after giving effect to the Transfers Sales to be made on each such date, Buyer shall own the Transferred Receivables and no Originator shall take any action inconsistent with such ownership nor shall any Originator claim any ownership interest in such Transferred Receivablesownership.

Appears in 1 contract

Samples: Receivables Sale and Contribution Agreement (Wabash National Corp /De)

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