Common use of Reduction of Total Investment Clause in Contracts

Reduction of Total Investment. Neither the Total Investment nor any Purchaser Group’s Purchaser Group Investment, 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 Total Investment and the applicable Purchaser Group’s Purchaser Group Investment in accordance with the terms hereof.

Appears in 3 contracts

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

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Reduction of Total Investment. Neither the Total Investment nor any Purchaser Group’s Purchaser Group Investment, 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 Total Investment and the applicable Purchaser Group’s Purchaser Group Investment in accordance with the terms hereof.. ARTICLE II COMPUTATIONAL RULES

Appears in 1 contract

Samples: Receivables Purchase Agreement (CHS Inc)

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