Reinvestments. On each Business Day during the Reinvestment Period the Servicer, on behalf of each Class Agent (for the benefit of the related Conduit Investors and/or the related Alternate Investors, as applicable), shall apply out of Collections of Receivables, the amount available for Reinvestment in accordance with Section 2.14. Each such payment is hereinafter called a “Reinvestment”. All Reinvestments shall be made ratably on behalf of each Investor that has funded any portion of the Net Investment pro rata in accordance with its respective Investor Percentage.
Appears in 5 contracts
Samples: Transfer and Administration Agreement (United Stationers Inc), Transfer and Administration Agreement (United Stationers Inc), Transfer and Administration Agreement (United Stationers Inc)
