Purchase Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.03, the Administrative Agent shall notify the Seller and the Servicer of any Purchase Excess on such day, and the Seller shall deposit the amount of such Purchase Excess in the Collection Account by 11:00 a.m. (New York time) on the immediately succeeding Business Day.
Appears in 2 contracts
Samples: Receivables Transfer Agreement (Synnex Corp), Purchase Agreement (Synnex Information Technologies Inc)
Purchase Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.03, the Administrative Agent shall notify the Seller and the Master Servicer of any Purchase Excess on such day, and the Seller shall deposit the amount of such Purchase Excess in the Collection Account by 11:00 a.m. (New York time) on the immediately succeeding Business Day.
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Castle a M & Co)
Purchase Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.03, the Administrative Agent shall notify the Seller and the Servicer of any Purchase Excess on such day, and the Seller shall deposit the amount of such Purchase Excess in the Collection Account by 11:00 a.m. 1:00 p.m. (New York time) on the immediately succeeding Business Day.. [ COVER ] || [ TABLE OF CONTENTS ] || [ ANNEX X ] ARTICLE III CONDITIONS PRECEDENT
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Bergen Brunswig Corp)
Purchase Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.036.3, the Administrative Agent shall notify the Seller and the Servicer of any Purchase Excess on such day, and the Seller shall deposit the amount of such Purchase Excess in the Collection Account by 11:00 a.m. 12:00 noon (New York time) on the immediately succeeding Business Day.
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Advancepcs)
Purchase Excess. On each Business Day during the --------------- Revolving Period and after completion of the disbursements specified in Section ------- 6.03, the Administrative Operating Agent shall notify the Seller and the Servicer of any ---- Purchase Excess on such day, and the Seller shall deposit the amount of such Purchase Excess in the Collection Account by 11:00 a.m. 12:00 noon (New York time) on the immediately succeeding Business Day.
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Callaway Golf Co /Ca)
Purchase Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.03, the Administrative Agent shall notify the Seller and the Master Servicer of any Purchase Excess on such day, and the Seller shall deposit the amount of such Purchase Excess in the Collection Account by 11:00 a.m. 1:00 p.m. (New York time) on the immediately succeeding Business Day.
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (K2 Inc)
Purchase Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.03, the Administrative Agent shall notify the Seller and the Servicer of any Purchase Excess on such day, and the Seller shall deposit the amount of such Purchase Excess in the Collection Account by 11:00 a.m. 1:00 p.m. (New York time) on the immediately succeeding Business Day.
Appears in 1 contract
Purchase Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section SECTION 6.03, the Administrative Agent shall notify the Seller and the Servicer of any Purchase Excess on such day, and the Seller shall deposit the amount of such Purchase Excess in the Collection Account by 11:00 a.m. (New York time) on the immediately succeeding Business Day.
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Daisy Parts Inc)
Purchase Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.036.04, the Administrative Agent shall notify the Seller and the Servicer of any Purchase Excess on such day, and the Seller shall (a) prior to the Cash Management Date, pay such Purchase Excess in accordance with Section 6.02(a)(i) and (b) on and after the Cash Management Date, deposit the amount of such Purchase Excess in the Collection Agent's Account by 11:00 a.m. 12:00 Noon (New York time) on the immediately succeeding Business Day.
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Amerisourcebergen Corp)
Purchase Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.03, the Administrative Agent shall notify the Seller and the Servicer of any Purchase Excess on such day, and the Seller shall deposit the amount of such Purchase Excess in the Collection Account by 11:00 a.m. 12:00 Noon (New York time) on the immediately succeeding Business Day.
Appears in 1 contract
Samples: Purchase Agreement (Avondale Inc)
Purchase Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.03, the Administrative Operating Agent shall notify the Seller and the Servicer of any Purchase Excess on such day, and the Seller shall deposit the amount of such Purchase Excess in the Collection Account by 11:00 a.m. (New York time) on the immediately succeeding Business Day.. ARTICLE III CONDITIONS PRECEDENT SECTION 3.01
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Cone Mills Corp)
