Common use of Payments in Ordinary Course Clause in Contracts

Payments in Ordinary Course. Each remittance of Collections by the Seller to the Agent, the Managing Agents or the Purchasers hereunder will have been made (i) in payment of a debt incurred in the ordinary course of business or financial affairs and (ii) in the ordinary course of business or financial affairs.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Insight Enterprises Inc), Receivables Purchase Agreement (Insight Enterprises Inc), Receivables Purchase Agreement (Insight Enterprises Inc)

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Payments in Ordinary Course. Each remittance of Collections by the Seller to the Agent, the Managing Agents Agent or the Purchasers hereunder will have been made (i) in payment of a debt incurred in the ordinary course of business or financial affairs and (ii) in the ordinary course of business or financial affairs.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Insight Enterprises Inc)

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