Common use of Reduction of Total Investment Clause in Contracts

Reduction of Total Investment. The Total Investment, any Purchaser Group’s Purchaser Group Committed Investment and any Purchaser Group’s Purchaser Group Uncommitted Investment, 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 the Total Investment, the applicable Purchaser Group’s Purchaser Group Committed Investment and the applicable Purchaser Group’s Purchaser Group Uncommitted Investment in accordance with the terms hereof.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (CHS Inc), Receivables Purchase Agreement (CHS Inc), Receivables Purchase Agreement (CHS Inc)

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