Common use of Purchase Records Clause in Contracts

Purchase Records. On the Closing Date and on or prior to each date when a Monthly Report is due to be delivered under the Receivables Purchase Agreement (each such date, a “Monthly Purchase Record Date”), the Servicer shall record in its books and records, which it shall maintain and make available to the Buyer and each Originator upon request, the following information (the “Purchase Records”): 127299818\V-5 (a) Receivables purchased by, and contributed to the capital of, the Buyer, as applicable, from any Originator on the Closing Date (in the case of the Purchase Records to be recorded on the Closing Date); (b) Receivables purchased by, and contributed to the capital of, the Buyer, as applicable, from any Originator during the Fiscal Month immediately preceding such Monthly Purchase Record Date (in the case of each Monthly Purchase Record Date after the Closing Date); and (c) the calculations of reductions of the Purchase Price for any Receivables as provided in Section 3.3(a) and (b). For the avoidance of doubt, no failure by the Servicer to maintain any Purchase Records, or the existence of any error therein, shall derogate from the Buyer’s and its assigns’, right, title and interest in, to or under any Receivables or Related Rights conveyed or purported to be conveyed to Buyer hereunder.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Vestis Corp)

AutoNDA by SimpleDocs

Purchase Records. On the Closing Date and on or prior to each date when a Monthly Report an Information Package is due to be delivered under the Receivables Purchase Financing Agreement (each such date, a “Monthly Purchase Record Date”), the Servicer shall record in its books and records, which it shall maintain and make available to the Buyer Company and each Originator upon request, the following information (the “Purchase Records”): 127299818\V-5): (a) Receivables purchased by, and contributed to by the capital of, the Buyer, as applicable, Company from any Originator on the Closing Date (in the case of the Purchase Records to be recorded on the Closing Date); (b) Receivables purchased by, and contributed to by the capital of, the Buyer, as applicable, Company from any Originator during the Fiscal Month calendar month immediately preceding such Monthly Purchase Record Date (in the case of each Monthly Purchase Record Date after the Closing Date); and (c) the calculations of reductions of the Purchase Price for any Receivables as provided in Section 3.3(a3.3 (a) and (b). For the avoidance of doubt, no failure by the Servicer to maintain any Purchase Records, or the existence of any error therein, shall derogate from the BuyerCompany’s and its assigns’, right, title and interest in, to or under any Receivables or Related Rights conveyed or purported to be conveyed to Buyer the Company hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cincinnati Bell Inc)

Purchase Records. On the Closing Date and on or prior to each date when a Monthly Report is due to be delivered under the Receivables Purchase Agreement (each such date, a “Monthly Purchase Record Date”), the Servicer shall record in its books and records, which it shall maintain and make available to the Buyer and each Originator upon request, the following information (the “Purchase Records”): 127299818\V-5): (a) Receivables purchased by, and contributed to the capital of, the Buyer, as applicable, Buyer from any Originator on the Closing Date (in the case of the Purchase Records to be recorded on the Closing Date); (b) Receivables purchased by, and contributed to the capital of, the Buyer, as applicable, Buyer from any Originator during the Fiscal Month calendar month immediately preceding such Monthly Purchase Record Date (in the case of each Monthly Purchase Record Date after the Closing Date); and (c) the calculations of reductions of the Purchase Price for any Receivables as provided in Section 3.3(a) and (b). For the avoidance of doubt, no failure by the Servicer to maintain any Purchase Records, or the existence of any error therein, shall derogate from the Buyer’s and its assigns’, right, title and interest in, to or under any Receivables or Related Rights conveyed or purported to be conveyed conveyed, whether by purchase or contribution, to Buyer hereunder.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Centuri Holdings, Inc.)

Purchase Records. On the Closing Date and on or prior to each date when a Monthly Report is due to be delivered under the Receivables Purchase Financing Agreement (each such date, a “Monthly Purchase Record Date”), the Servicer shall record in its books and records, which it shall maintain and make available to the Buyer and each Originator upon request, the following information (the “Purchase Records”): 127299818\V-5): (a) Receivables purchased by, and contributed to the capital of, the Buyer, as applicable, Buyer from any Originator on the Closing Date (in the case of the Purchase Records to be recorded on the Closing Date); (b) Receivables purchased by, and contributed to the capital of, the Buyer, as applicable, Buyer from any Originator during the Fiscal Month calendar month immediately preceding such Monthly Purchase Record Date (in the case of each Monthly Purchase Record Date after the Closing Date); and (c) the calculations of reductions of the Purchase Price for any Receivables as provided in Section 3.3(a) and (b). For the avoidance of doubt, no failure by the any Servicer to maintain any Purchase Records, or the existence of any error therein, shall derogate from the Buyer’s and its assigns’, right, title and interest in, to or under any Receivables or Related Rights conveyed or purported to be conveyed to Buyer hereunder.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Sabre Corp)

Purchase Records. On the Closing Date and on or prior to each date when a Monthly Report is due to be delivered under the Receivables Purchase Agreement (each such date, a “Monthly Purchase Record Date”), the Servicer shall record in its books and records, which it shall maintain and make available to the Buyer and each Originator upon request, the following information (the “Purchase Records”): 127299818\V-5): (a) Receivables purchased by, and contributed to the capital of, the Buyer, as applicable, Buyer from any Originator on the Closing Date (in the case of the Purchase Records to be recorded on the Closing Date); (b) Receivables purchased by, and contributed to the capital of, the Buyer, as applicable, Buyer from any Originator during the Fiscal Month immediately preceding such Monthly Purchase Record Date (in the case of each Monthly Purchase Record Date after the Closing Date); and (c) the calculations of reductions of the Purchase Price for any Receivables as provided in Section 3.3(a) and (b). For the avoidance of doubt, no failure by the Servicer to maintain any Purchase Records, or the existence of any error therein, shall derogate from the Buyer’s and its assigns’, right, title and interest in, to or under any Receivables or Related Rights conveyed or purported to be conveyed to Buyer hereunder.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Fortrea Holdings Inc.)

Purchase Records. On the Closing Date and on or prior to each date when a Monthly Report is due to be delivered under the Receivables Purchase Agreement (each such date, a “Monthly Purchase Record Date”), the Servicer shall record in its books and records, which it shall maintain and make available to the Buyer and each Originator upon request, the following information (the “Purchase Records”): 127299818\V-5): (a) Receivables purchased by, and contributed to the capital of, the Buyer, as applicable, Buyer from any Originator on the Closing Date (in the case of the Purchase Records to be recorded on the Closing Date); (b) Receivables purchased by, and contributed to the capital of, the Buyer, as applicable, Buyer from any Originator during the Fiscal Month immediately preceding such Monthly Purchase Record Date (in the case of each Monthly Purchase Record Date after the Closing Date); and and ((c)) the calculations of reductions of the Purchase Price for any Receivables as provided in Section 3.3(a) and (b). For the avoidance of doubt, no failure by the Servicer to maintain any Purchase Records, or the existence of any error therein, shall derogate from the Buyer’s and its assigns’, right, title and interest in, to or under any Receivables or Related Rights conveyed or purported to be conveyed to Buyer hereunder.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Labcorp Holdings Inc.)

AutoNDA by SimpleDocs

Purchase Records. On the Closing Date and on or prior to each date when a Monthly Report is due to be delivered under the Receivables Purchase Financing Agreement (each such date, a “Monthly Purchase Record Date”), the Servicer shall record in its books and records, which it shall maintain and make available to the Buyer and each Originator upon request, the following information (the “Purchase Records”): 127299818\V-5): (a) Receivables purchased by, and contributed to by the capital of, the Buyer, as applicable, Buyer from any Originator on the Closing Date (in the case of the Purchase Records to be recorded on the Closing Date); (b) Receivables purchased by, and contributed to by the capital of, the Buyer, as applicable, Buyer from any Originator during the Fiscal Month calendar month immediately preceding such Monthly Purchase Record Date (in the case of each Monthly Purchase Record Date after the Closing Date); and (c) the calculations of reductions of the Purchase Price for any Receivables as provided in Section 3.3(a) and (b). For the avoidance of doubt, no failure by the any Servicer to maintain any Purchase Records, or the existence of any error therein, shall derogate from the Buyer’s and its assigns’, right, title and interest in, to or under any Receivables or Related Rights conveyed or purported to be conveyed to Buyer hereunder.

Appears in 1 contract

Samples: Sale Agreement (Sabre Corp)

Purchase Records. On the Closing Date and on or prior to each date when a Monthly Report an Information Package is due to be delivered under the CBTS Receivables Purchase Financing Agreement (each such date, a “Monthly Purchase Record Date”), the Servicer shall record in its books and records, which it shall maintain and make available to the Buyer Company and each Originator upon request, the following information (the “Purchase Records”): 127299818\V-5): (a) Receivables purchased by, and or contributed to the capital of, the Buyer, as applicable, Company from any Originator on the Closing Date (in the case of the Purchase Records to be recorded on the Closing Date); (b) Receivables purchased by, and or contributed to the capital of, the Buyer, as applicable, Company from any Originator during the Fiscal Month calendar month immediately preceding such Monthly Purchase Record Date (in the case of each Monthly Purchase Record Date after the Closing Date); and (c) the calculations of reductions of the Purchase Price for any Receivables as provided in Section 3.3(a) and (b). For the avoidance of doubt, no failure by the any Servicer to maintain any Purchase Records, or the existence of any error therein, shall derogate from the BuyerCompany’s and its assigns’, right, title and interest in, to or under any Receivables or Related Rights conveyed or purported to be conveyed to Buyer the Company hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cincinnati Bell Inc)

Purchase Records. On the Closing Date and on or prior to each date when a Monthly Report an Information Package is due to be delivered under the CBTS Receivables Purchase Financing Agreement (each such date, a “Monthly Purchase Record Date”), the Servicer shall record in its books and records, which it shall maintain and make available to the Buyer Purchaser and each Originator upon request, the following information (the “Purchase Records”): 127299818\V-5): (a) Receivables purchased by, and contributed to by the capital of, the Buyer, as applicable, Purchaser from any Originator on as of the Closing Date (in the case of the Purchase Records to be recorded on the Closing Date), including Receivables purchased pursuant to the Existing Canadian PSA ; (b) Receivables purchased by, and contributed to by the capital of, the Buyer, as applicable, Purchaser from any Originator during the Fiscal Month calendar month immediately preceding such Monthly Purchase Record Date (in the case of each a Monthly Purchase Record Date after the Closing Date); and (c) the calculations of reductions of the Purchase Price for any Receivables as provided in Section 3.3(a3.3 (a) and (b). For the avoidance of doubt, no failure by the any Servicer to maintain any Purchase Records, or the existence of any error therein, shall derogate from the BuyerPurchaser’s and its assigns’, right, title and interest in, to or under any Receivables or Related Rights conveyed or purported to be conveyed to Buyer the Purchaser hereunder.

Appears in 1 contract

Samples: Canadian Purchase and Sale Agreement (Cincinnati Bell Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!