Reinvestments. On each Business Day prior to the Facility Termination Date, the Applicable Servicer, on behalf of the Purchaser, shall pay to the applicable Seller, out of Collections, the amount available for reinvestment in accordance with Section 1.6(b)(ii). Each such payment is herein referred to as a “Reinvestment”.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc)
Reinvestments. On each Business Day prior to the Facility Termination Date, the Applicable Servicer, on behalf of the PurchaserAdministrative Agent and the Purchasers, shall pay to the applicable Seller, out of CollectionsCollections of the Receivables, the amount available for reinvestment in accordance with Section 1.6(b)(ii2.1(b)(ii). Each such payment is herein referred to as a “Reinvestment”.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Commercial Metals Co), Receivables Purchase Agreement (Commercial Metals Co), Receivables Purchase Agreement (Commercial Metals Co)
Reinvestments. On each Business Day prior to the Facility Termination Date, the Applicable Servicer, on behalf of the Purchaser, shall pay to the applicable Seller, out of Collections, the amount available for reinvestment in accordance with Section 1.6(b)(ii). Each such payment is herein referred to as a “Reinvestment”.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc)
Reinvestments. On each Business Day prior to the Facility Termination Date, the Applicable Servicer, on behalf of the PurchaserAdministrator, shall pay to the applicable Seller, out of CollectionsCollections of the Pool Receivables, the amount available for reinvestment in accordance with Section 1.6(b)(ii). Each such payment is herein referred to as a “Reinvestment”.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Peabody Energy Corp), Receivables Purchase Agreement (Peabody Energy Corp)
Reinvestments. On each Business Day prior to the Facility Termination Date, the Applicable Servicer, on behalf of the Purchaser, shall pay to the applicable Seller, out of Collections, the amount available for reinvestment in accordance with Section 1.6(b)(ii). Each such payment is herein referred to as a “Reinvestment”.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Manitowoc Foodservice, Inc.)
Reinvestments. On each Business Day prior to the Facility Termination Date, the Applicable Servicer, on behalf of the PurchaserAdministrator, shall pay to the applicable Seller, out of CollectionsCollections of the Pool Receivables, the amount available for reinvestment in accordance with Section 1.6(b)(ii). Each such payment is herein referred to as a “Reinvestment”.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Peabody Energy Corp)
Reinvestments. On each Business Day prior to the Facility Termination Date, the Applicable Servicer, on behalf of the PurchaserIssuer, shall pay to the applicable Seller, out of CollectionsCollections of the Pool Receivables, the amount available for reinvestment in accordance with Section 1.6(b)(ii). Each such payment is herein referred to as a “Reinvestment”.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Peabody Energy Corp)
