Receivables; Lock-Box Accounts. (A) Each Receivable constitutes an “account” or a “payment 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: Credit and Security Agreement (Sungard Data Systems Inc), Credit and Security Agreement (Sungard Capital Corp Ii), Credit and Security Agreement (Sungard Capital Corp Ii)
Receivables; Lock-Box Accounts. (A) Each Transferred Receivable constitutes an “account” or a “payment 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: Funding Agreement (Synnex Corp), Receivables Funding and Administration Agreement (Synnex Corp), Funding Agreement (Synnex Corp)
Receivables; Lock-Box Accounts. (Aa) Each Receivable constitutes an The Receivables constitute “accountaccounts”, “general intangibles” or a “payment intangible” within the meaning of the applicable UCCtangible chattel paper”, and (B) each Account constitutes a “deposit account” within the meaning of the applicable UCC.
Appears in 1 contract
Receivables; Lock-Box Accounts. (Aa) Each Receivable constitutes an “account” The Receivables constitute "accounts", "general intangibles" or a “payment intangible” within the meaning of the applicable UCC"tangible chattel paper", and (B) each Account constitutes a “deposit account” within the meaning of the applicable UCC.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Citgo Petroleum Corp)
Receivables; Lock-Box Accounts. (A) Each Receivable (other than Excluded Receivables) constitutes an “account” or a “payment 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 1 contract
Samples: Receivables Sale and Servicing Agreement (Synnex Corp)
