Common use of Ownership of Transferred Receivables Clause in Contracts

Ownership of Transferred Receivables. The Servicer shall ------------------------------------ identify the Transferred Receivables clearly and unambiguously in its Servicing Records to reflect that such Transferred Receivables have been sold or contributed to the Seller and, following the Purchase thereof under this Agreement, are owned by the Purchaser.

Appears in 1 contract

Samples: Receivables Purchase and Servicing Agreement (Callaway Golf Co /Ca)

AutoNDA by SimpleDocs

Ownership of Transferred Receivables. The Servicer shall ------------------------------------ identify the Transferred Receivables clearly and unambiguously in its Servicing Records to reflect that such Transferred Receivables have been sold or contributed to the Seller and, following the Purchase thereof under this Agreement, are owned by the Purchaser.. (b)

Appears in 1 contract

Samples: Receivables Purchase and Servicing Agreement (Cone Mills Corp)

Ownership of Transferred Receivables. The Each Servicer shall ------------------------------------ identify the Transferred Receivables clearly and unambiguously in its Servicing Records to reflect that such Transferred Receivables have been sold or contributed to the Seller and, following the Purchase thereof of Purchaser Interests in such Transferred Receivables under this Agreement, are owned by the Conduit Purchaser or Committed Purchaser, as applicable.

Appears in 1 contract

Samples: Receivables Purchase and Servicing Agreement (K2 Inc)

Ownership of Transferred Receivables. The Servicer shall ------------------------------------ identify the Transferred Receivables clearly and unambiguously in its Servicing Records to reflect that such Transferred Receivables have been sold or contributed to the Seller and, following the Purchase thereof of Purchaser Interests in such Transferred Receivables under this Agreement, are owned by subject to the interest of the Conduit Purchaser or Committed Purchaser, as applicable.

Appears in 1 contract

Samples: Receivables Purchase and Servicing Agreement (Bergen Brunswig Corp)

Ownership of Transferred Receivables. The Servicer shall ------------------------------------ identify the Transferred Receivables clearly and unambiguously in its Servicing Records to reflect that such Transferred Receivables have been sold or contributed to the Seller and, following the Purchase thereof of Purchaser Interests in such Transferred Receivables under this Agreement, are owned by subject to the Purchaserinterest of the Conduit Purchasers or Committed Purchasers, as applicable.

Appears in 1 contract

Samples: Receivables Purchase and Servicing Agreement (Amerisourcebergen Corp)

AutoNDA by SimpleDocs

Ownership of Transferred Receivables. The Servicer shall ------------------------------------ identify the Transferred Receivables clearly and unambiguously in its Servicing Records to reflect that such Transferred Receivables have been sold or contributed to are owned solely by the Seller and, following the Purchase thereof of Purchaser Interests in such Transferred Receivables under this Agreement, are owned by the Conduit Purchaser or Committed Purchaser, as applicable.

Appears in 1 contract

Samples: Receivables Purchase and Servicing Agreement (Advancepcs)

Ownership of Transferred Receivables. The Servicer shall ------------------------------------ identify the Transferred Receivables clearly and unambiguously in its Servicing Records to reflect that such Transferred Receivables have been sold or contributed to the Seller and, following the Purchase thereof of Purchaser Interests in such Transferred Receivables under this Agreement, are owned by the PurchaserAgent for the benefit of the Purchasers.

Appears in 1 contract

Samples: Receivables Purchase and Servicing Agreement (Wabash National Corp /De)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!