Regular Purchases. After the Closing Date, each Receivable created or originated by each Originator and described in Section 1.1(b) hereof and all Related Rights shall be purchased and owned by the Company (without any further action) upon the creation or origination of such Receivable.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Sequa Corp /De/), Purchase and Sale Agreement (Pittston Co), Purchase and Sale Agreement (Imo Industries Inc)
Regular Purchases. After the Original Closing Date, each Receivable created or originated by each the Originator and described in Section 1.1(b) hereof and all Related Rights shall be purchased and owned by the Company (without any further action) upon the creation or origination of such ReceivableReceivable (other than any Excluded Receivables created or originated by the Originator from the opening of the Originator's business on the Amended and Restated Closing Date to and including the Purchase and Sale Termination Date).
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Adesa Inc), Purchase and Sale Agreement (Allete Inc)
Regular Purchases. After the Closing Date, each Receivable created or originated by each the Originator and described in Section 1.1(b) hereof and all Related Rights shall be purchased and owned by the Company (without any further action) upon the creation or origination of such Receivable.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Allete), Purchase and Sale Agreement (Minnesota Power & Light Co)
Regular Purchases. After the Original Closing Date, each Receivable created or originated by each the Originator and described in Section 1.1(b) hereof and all Related Rights shall be purchased and owned by the Company (without any further action) upon the creation or origination of such ReceivableReceivable (other than any Excluded Receivables created or originated by the Originator from the opening of the Originator’s business on the Amended and Restated Closing Date to and including the Purchase and Sale Termination Date).
Appears in 1 contract
Samples: Purchase and Sale Agreement (Adesa California, LLC)
Regular Purchases. After the Closing Date, each Receivable created or originated by each an Originator and described in Section 1.1(b) hereof and all Related Rights shall be purchased and owned by the Company (without any further action) upon the creation or origination of such Receivable.
Appears in 1 contract
Samples: Purchase and Contribution Agreement (Imperial Sugar Co /New/)
Regular Purchases. After the Closing Date, each Receivable created or originated by each Originator and described in Section 1.1(bSECTION 1.1(B) hereof and all Related Rights shall be purchased and owned by the Company (without any further action) upon the creation or origination of such Receivable.
Appears in 1 contract
Samples: Purchase and Contribution Agreement (Pilgrims Pride Corp)
Regular Purchases. After the Initial Closing Date, each Receivable created or originated by each Originator and described in Section 1.1(b) hereof and all Related Rights shall be purchased and owned by the Company (without any further action) upon the creation or origination of such Receivable.
Appears in 1 contract
Samples: Purchase and Contribution Agreement (Fruit of the Loom Inc /De/)
Regular Purchases. After the Closing Date, each Receivable created or originated by each Originator and described in Section 1.1(b) or Section 1.1(d) hereof and all Related Rights shall be purchased and owned by the Company (without any further action) upon the creation or origination of such Receivable.
Appears in 1 contract
Regular Purchases. After the Closing Date, each Receivable created or ----------------- originated by each Originator and described in Section 1.1(b) hereof and all -------------- Related Rights shall be purchased and owned by the Company (without any further action) upon the creation or origination of such Receivable.
Appears in 1 contract
Samples: Purchase and Sale Agreement (United States Steel Corp)
Regular Purchases. After the Closing Date, each Receivable created or originated by Originator (and from and after December 31, 2003, each Receivable acquired by Originator pursuant to a Purchase Agreement) and described in Section 1.1(b) hereof and all Related Rights shall be purchased and owned by the Company (without any further action) upon the creation or origination creation, origination, and/or acquisition, as the case may be, of such Receivable.”
Appears in 1 contract
Samples: Purchase and Contribution Agreement (Pilgrims Pride Corp)
Regular Purchases. After the Closing Date, each Receivable created or originated by each Originator and described in Section 1.1(b) hereof and all Related Rights shall be purchased and owned by the Company (without any further action) upon the creation or origination of such Receivable.
Appears in 1 contract
Samples: Purchase and Contribution Agreement (Warren S D Co /Pa/)