Quality of Title. (a) Each Receivable (together with the Related Rights) which is to be sold or contributed to the Company hereunder is or shall be owned by the Originator, free and clear of any Adverse Claim. Whenever the Company makes a purchase, or accepts a contribution, hereunder, it shall have acquired a valid and perfected ownership interest (free and clear of any Adverse Claim) in all Receivables generated by the Originator and all Collections related thereto, and in the Originator's entire right, title and interest in and to the other Related Rights with respect thereto.
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Samples: Purchase and Sale Agreement (Minnesota Power & Light Co), Purchase and Sale Agreement (Allete)
Quality of Title. (a) Each Receivable (together with the Related Rights) which is to be sold or contributed to the Company hereunder is or shall be owned by the Originator, free and clear of any Adverse Claim. Whenever the Company makes a purchase, or accepts a contribution, hereunder, it shall have acquired a valid and perfected ownership interest (free and clear of any Adverse Claim) in all Receivables generated by the Originator and all Collections related thereto, and in the Originator's entire right, title and interest in and to the other Related Rights with respect thereto.
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Samples: Purchase and Contribution Agreement (Pilgrims Pride Corp), Purchase and Contribution Agreement (Warren S D Co /Pa/)
Quality of Title. (a) Each Receivable (together with the Related Rights) which is to be sold or contributed to the Company hereunder is or shall be owned by the each Originator, free and clear of any Adverse Claim. Whenever the Company makes a purchase, or accepts a contribution, hereunder, it shall have acquired a valid and perfected ownership interest (free and clear of any Adverse Claim) in all Receivables generated by the such Originator and all Collections related thereto, and in the such Originator's entire right, title and interest in and to the other Related Rights with respect thereto.
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Samples: Purchase and Contribution Agreement (Imperial Sugar Co /New/)
Quality of Title. (a) a. Each Receivable (together with the Related Rights) which is to be sold or contributed to the Company hereunder is or shall be owned by the such Originator, free and clear of any Adverse Claim. Whenever the Company makes a purchase, or accepts a contribution, hereunder, it shall have acquired a valid and perfected ownership interest (free and clear of any Adverse Claim) in all Receivables generated by the such Originator and all Collections related thereto, and in the such Originator's entire right, title and interest in and to the other Related Rights with respect thereto.
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Quality of Title. (a) 1. Each Receivable (together with the Related Rights) which is to be sold or contributed to the Company hereunder is or shall be owned by the such Originator, free and clear of any Adverse Claim. Whenever the Company makes a purchase, or accepts a contribution, hereunder, it shall have acquired a valid and perfected ownership interest (free and clear of any Adverse Claim) in all Receivables generated by the such Originator and all Collections related thereto, and in the such Originator's entire right, title and interest in and to the other Related Rights with respect thereto.
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Quality of Title. (a) 1. Each Receivable (together with the Related Rights) which is to be sold or contributed to the Company hereunder is or shall be owned by the such Originator, free and clear of any Adverse Claim. Whenever the Company makes a purchase, or accepts a contribution, hereunder, it shall have acquired a valid and perfected ownership interest (free and clear of any Adverse Claim) in all Receivables generated by the such Originator and all Collections related thereto, and in the such Originator's entire right, title and interest in and to the other Related Rights with respect thereto.
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Quality of Title. (a) Each Receivable (together with the Related Rights) which is to be sold or contributed to the Company hereunder is or shall be owned by the applicable Originator, free and clear of any Adverse Claim. Whenever the Company makes a purchase, or accepts a contribution, hereunder, it shall have acquired a valid and perfected ownership interest (free and clear of any Adverse Claim) in all Receivables generated by the applicable Originator and all Collections related thereto, and in the such Originator's entire right, title and interest in and to the other Related Rights with respect thereto.
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Samples: Purchase and Contribution Agreement (Fruit of the Loom Inc /De/)
Quality of Title. (a1) Each Receivable (together with the Related Rights) which is to be sold or contributed to the Company hereunder is or shall be owned by the such Originator, free and clear of any Adverse Claim. Whenever the Company makes a purchase, or accepts a contribution, hereunder, it shall have acquired a valid and perfected ownership interest (free and clear of any Adverse Claim) in all Receivables generated by the such Originator and all Collections related thereto, and in the such Originator's entire right, title and interest in and to the other Related Rights with respect thereto.
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