Common use of Receivables; Accounts Clause in Contracts

Receivables; Accounts. (A) Each Transferred Receivable constitutes an “account” or a “general intangible” within the meaning of the applicable UCC, and (B) each Account constitutes a “deposit account” within the meaning of the applicable UCC.

Appears in 7 contracts

Samples: Funding Agreement (Td Synnex Corp), Funding Agreement (Td Synnex Corp), Funding Agreement (Td Synnex Corp)

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Receivables; Accounts. (A) Each Transferred Receivable (other than Excluded Receivables) constitutes an “account” or a “general intangible” within the meaning of the applicable UCC, and (B) each Account constitutes a “deposit account” within the meaning of the applicable UCC.

Appears in 5 contracts

Samples: Funding Agreement (Td Synnex Corp), Receivables Sale and Servicing Agreement (Td Synnex Corp), Funding Agreement (Synnex Corp)

Receivables; Accounts. (A) Each Transferred Receivable constitutes an “account” or a “general intangible” within the meaning of the applicable UCC, and (B) each Account constitutes a “deposit account” within the meaning of the applicable UCC.

Appears in 3 contracts

Samples: Receivables Funding and Administration Agreement (Rexnord Corp), Funding Agreement (RBS Global Inc), Receivables Funding and Administration Agreement (Rexnord LLC)

Receivables; Accounts. (A) Each Transferred Receivable constitutes an “account” or a “general intangible” within the meaning of the applicable UCC, and (B) each Account constitutes a “deposit account” within the meaning of the applicable UCC.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Univision Holdings, Inc.), Receivables Purchase Agreement (Univision Communications Inc)

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Receivables; Accounts. (A) Each Transferred Receivable constitutes an “account” or a “general intangible” within the meaning of the applicable UCCUCC or an “account” or a “general intangible” within the meaning of the PPSA, and (B) each Account constitutes a “deposit account” within the meaning of the applicable UCC.

Appears in 1 contract

Samples: Funding Agreement (Synnex Corp)

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