Common use of Payments and Allocations Clause in Contracts

Payments and Allocations. If any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall be presumed to be correct absent manifest error. The Seller shall pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, the amount shown as due on any such certificate within 10 Business Days after receipt of the notice.

Appears in 5 contracts

Samples: Receivables Sale Agreement (Sirva Inc), Receivables Sale Agreement (Sirva Inc), Receivables Sale Agreement (Sirva Inc)

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Payments and Allocations. If any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall be presumed to be correct conclusive absent manifest error. The Seller shall pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 Business Days after receipt of the notice.

Appears in 5 contracts

Samples: Receivables Sale Agreement (Ipalco Enterprises, Inc.), Receivables Sale Agreement (Ipalco Enterprises, Inc.), Receivables Sale Agreement (Ipalco Enterprises, Inc.)

Payments and Allocations. If any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount. Absent error, which certificate shall be presumed to be correct absent manifest error. The the Seller shall pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 Business Days after receipt of the notice.

Appears in 4 contracts

Samples: Receivables Sale Agreement (Perkinelmer Inc), Receivables Sale Agreement (Perkinelmer Inc), Receivables Sale Agreement (Albany International Corp /De/)

Payments and Allocations. If any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall be presumed to be correct conclusive absent manifest demonstrable error. The Seller shall pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 Business Days after receipt of the notice.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Davis-Standard CORP), Crompton Corp

Payments and Allocations. If any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall be presumed to be correct conclusive absent manifest error. The Seller shall pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 Business Days 30 days after receipt of the notice.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Great Plains Energy Inc), Receivables Sale Agreement (Great Plains Energy Inc)

Payments and Allocations. If any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall will be presumed to be correct conclusive absent manifest error. The Seller shall pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 Business Days after receipt of the notice.

Appears in 1 contract

Samples: Receivables Sale Agreement (Tronox Inc)

Payments and Allocations. If any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller Borrower and the Administrative Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall be presumed to be correct conclusive absent manifest error. The Seller Borrower shall pay to the Administrative Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 Business Days after receipt of the notice.

Appears in 1 contract

Samples: Receivables Loan Agreement (Eagle Picher Technologies LLC)

Payments and Allocations. If any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall be presumed to be correct conclusive absent manifest error. The Seller shall pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 Business Days thirty (30) days after receipt of the notice.

Appears in 1 contract

Samples: Receivables Sale Agreement (Arvinmeritor Inc)

Payments and Allocations. If any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall be presumed to be correct absent manifest error. The Seller shall pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 15 Business Days after receipt of the notice.

Appears in 1 contract

Samples: Receivables Sale Agreement (Ametek Inc/)

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Payments and Allocations. If any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall be presumed to be correct conclusive absent manifest demonstrable error. The Seller shall pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 Business Days after receipt of the notice.. Article VII

Appears in 1 contract

Samples: Receivables Sale Agreement (Crompton & Knowles Corp)

Payments and Allocations. If Unless otherwise specified herein, any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller Borrower, its Lender Agent and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall be presumed to be correct absent manifest error. The Seller Borrower shall pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 Business Days after receipt of the notice.

Appears in 1 contract

Samples: Receivables Loan Agreement (Agere Systems Inc)

Payments and Allocations. If any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall be presumed to be correct conclusive absent manifest error. The Seller shall will pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 Business Days after receipt of the notice.

Appears in 1 contract

Samples: Receivables Sale Agreement (Hunt J B Transport Services Inc)

Payments and Allocations. If any Person seeks compensation pursuant to this Article VI, such Person shall deliver to the Seller and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall be presumed to be correct conclusive absent manifest errorerror as long as such determinations and calculations are made on a reasonable basis. The Seller shall pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 Business Days after receipt of the notice.

Appears in 1 contract

Samples: Receivables Sale Agreement (World Color Press Inc /De/)

Payments and Allocations. If any Person seeks compensation pursuant to Section 6.1 or 6.2 of this Article VI, such Person shall deliver to the Seller and the Agent a certificate setting forth the amount due to such Person, a description of the circumstance giving rise thereto and the basis of the calculations of such amount, which certificate shall be presumed to be correct conclusive absent manifest error. The Seller shall pay to the Agent (with respect to amounts owed to it) or the applicable Purchaser (with respect to amounts owed to it), for the account of such Person, ) the amount shown as due on any such certificate within 10 Business Days after receipt of the notice.

Appears in 1 contract

Samples: Receivables Sale Agreement (Swift Transportation Co Inc)

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