Common use of Reduction of Purchasers’ Total Investment Clause in Contracts

Reduction of Purchasers’ Total Investment. Neither the Purchasers’ Total Investment, nor the Investment of any Purchaser, shall be reduced by the amount of Collections set aside pursuant to this Section unless and until such Collections are actually received by the applicable Purchaser Agent for application hereunder to reduce Purchasers’ Total Investment and the applicable Purchaser’s Investment in accordance with the terms hereof.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.), Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.), Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.)

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Reduction of Purchasers’ Total Investment. Neither the The aggregate Purchasers’ Total Investment, nor the Investment of any Purchaser, shall not be reduced by the amount of Collections set aside pursuant to this Section unless and until such Collections are actually received by the applicable Purchaser Agent for application hereunder to reduce Purchasers’ Total Investment and (ratably according to the applicable Purchaser’s Investment Commitment of each Committed Purchaser in the related Group) in accordance with the terms hereof.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Mylan Inc.), Receivables Purchase Agreement (Mylan Inc.)

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