Common use of Payment to Originators Clause in Contracts

Payment to Originators. With respect to any Receivable purchased by Borrower from any Originator, such sale shall be effected under, and in strict compliance with the terms of (including any grace periods contained therein), the Receivables Sale Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to the applicable Originator in respect of the purchase price for such Receivable.

Appears in 3 contracts

Samples: Credit and Security Agreement (Boston Scientific Corp), Credit and Security Agreement (Boston Scientific Corp), Credit and Security Agreement (Boston Scientific Corp)

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Payment to Originators. With respect to any Receivable purchased by Borrower Seller from any the applicable Originator, such sale purchase shall be effected under, and in strict compliance with the terms of (including any grace periods contained therein)of, the Receivables Sale Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to the applicable Originator in respect of the purchase price for such Receivable.

Appears in 2 contracts

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

Payment to Originators. With respect to any Receivable purchased by Borrower Seller from any Originator, such sale shall be effected under, and in strict compliance with the terms of (including any grace periods contained therein)of, the applicable Receivables Sale Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to the applicable Originator in respect of the purchase price for such Receivable.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Timken Co), Receivables Purchase Agreement (Timken Co)

Payment to Originators. With respect to any Receivable purchased by Borrower the Seller from any Originator, such sale shall be effected under, and in strict compliance with the terms of (including any grace periods contained therein)of, the Receivables applicable Sale Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to the applicable Originator in respect of the purchase price for such Receivable.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (LKQ Corp), Receivables Purchase Agreement (LKQ Corp)

Payment to Originators. With respect to any Receivable purchased by Borrower Receivable, Seller's purchase thereof from any Originator, such sale the applicable Originator shall be effected under, and in strict compliance with the terms of (including any grace periods contained therein)of, the Receivables Sale Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to the applicable Originator in respect of the purchase price for such Receivable.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Performance Food Group Co)

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Payment to Originators. With respect to any Receivable purchased ---------------------- by Borrower Seller from any Originator, such sale shall be effected under, and in strict compliance with the terms of (including any grace periods contained therein)of, the Receivables Sale Agreement, including, without --------- ------- limitation, the terms relating to the amount and timing of payments to be made ---------- to the applicable such Originator in respect of the purchase price for such Receivable.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Owens & Minor Inc/Va/)

Payment to Originators. With respect to any Each purchase by Seller of a Receivable purchased by Borrower from any Originator, such sale shall be effected under, and in strict compliance with the terms of (including any grace periods contained therein)of, the U.S. Receivables Sale Agreement, including, without limitation, the terms relating to the amount and timing of payments to be made to the applicable Originator in respect of the purchase price for such Receivable.

Appears in 1 contract

Samples: u.s. Receivables Purchase Agreement (Weatherford International Inc /New/)

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