Common use of Payments to Seller Clause in Contracts

Payments to Seller. The Purchase Price for each Purchase and all other amounts paid by any Facility Agent or the Administrative Agent hereunder to the Seller shall be made to the Designated Account.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Ferguson Enterprises Inc. /DE/), Receivables Purchase Agreement (Ferguson PLC), Receivables Purchase Agreement (Ferguson PLC)

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Payments to Seller. The Purchase Price for each Purchase and all other amounts paid by any Facility Agent or the Administrative Agent hereunder to the Seller shall be made to the Designated AccountServicer’s account designated by the Seller to the Facility Agents and the Administrative Agent on the Closing Date or to such other account as the Seller may hereafter designate to the Administrative Agent in writing.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Phillips 66)

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