Common use of Repurchase of Accounts Clause in Contracts

Repurchase of Accounts. Lender may require that Borrower repurchase, by payment of the then unpaid Face Amount thereof, together with any unpaid fees relating to the Purchased Account on demand, or, at Lender's option, by Xxxxxx's charge to the Reserve Account: 6.1. Any Purchased Account, the payment of which has been disputed by the Payor or the Account Debtor obligated thereon, Lender being under no obligation to determine the bona fide nature of such dispute; 6.2. Any Purchased Account regarding which Borrower has breached any representation or warranty as set forth in the Section 14. 6.3. Any Purchased Account owing from an Account Debtor or Payor which (a) in Lender’s reasonable credit judgment has become insolvent or (b) has indicated an inability or unwillingness to pay the Purchased Account when due; 6.4. All Purchased Accounts upon the occurrence of an Event of Default, or upon the termination date of this Agreement; and 6.5. Any Purchased Account that remains unpaid beyond the Late Payment Date.

Repurchase of Accounts. Lender Purchaser may require that Borrower Seller repurchase, by payment of the then unpaid Face Amount thereof, together with any unpaid fees relating to the Purchased Account on demand, or, at Lender's Purchaser’s option, by Xxxxxx's Purchaser’s charge to the Reserve Account: 6.1. Any Purchased Account, the payment of which has been disputed by the Payor or the Account Debtor obligated thereon, Lender Purchaser being under no obligation to determine the bona fide nature fides of such dispute; 6.2. Any Purchased Account regarding which Borrower Seller has breached any representation or warranty as set forth in the Section 1413. 6.3. Any Purchased Account owing from an Account Debtor or Payor which (a) in LenderPurchaser’s reasonable credit judgment has become insolvent or (b) has indicated an inability or unwillingness to pay the Purchased Account when due; 6.4. All Purchased Accounts upon the occurrence of an Event of Default, or upon the termination date of this Agreement; and 6.5. Any Purchased Account that remains unpaid beyond the Late Payment Date.

Repurchase of Accounts. Lender Purchaser may require that Borrower Seller repurchase, by payment of the then unpaid Face Amount thereof, together with any unpaid fees relating to the Purchased Account on demand, or, at Lender's Purchaser’s option, by Xxxxxx's Purchaser’s charge to the Reserve Account, the following Purchased Accounts: 6.1. Any Purchased Account, the payment of which has been disputed by the Payor or the Account Debtor obligated thereon, Lender Purchaser being under no obligation to determine the bona fide nature of such dispute; 6.2. Any Purchased Account regarding which Borrower Seller has breached any representation or warranty as set forth in the Section 14. 6.3. Any Purchased Account owing from an Account Debtor or Payor which (a) in LenderPurchaser’s reasonable credit judgment has become insolvent or (b) has indicated an inability or unwillingness to pay the Purchased Account when due; 6.4. All Purchased Accounts upon the occurrence of an Event of Default, or upon the termination date of this Agreement; and 6.5. Any Purchased Account that remains unpaid beyond the Late Payment Date.

Repurchase of Accounts. Lender 7.1. Purchaser may require that Borrower Seller repurchase, by payment of the then unpaid Face Amount thereof, together with any unpaid fees relating to the Purchased Account on demand, or, at LenderPurchaser's option, by XxxxxxPurchaser's charge to the Reserve Account: 6.17.1.1. Any Purchased Account, the payment of which has been disputed by the Payor or the Account Debtor obligated thereon, Lender Purchaser being under no obligation to determine the bona fide nature fides of such dispute; 6.27.1.2. Any Purchased Account regarding which Borrower Seller has breached any representation or warranty as set forth in the Section 1414.1.4. 6.37.1.3. Any Purchased Account owing from an Account Debtor or Payor which (ai) in LenderPurchaser’s reasonable credit judgment has become insolvent or (bii) which has indicated an inability or unwillingness to pay the Purchased Account when due; 6.47.1.4. All Purchased Accounts upon the occurrence of an Event of Default, or upon the termination date of this Agreement; and 6.57.1.5. Any Purchased Account that remains unpaid beyond the Late Payment Date.

Repurchase of Accounts. Lender may require that Borrower 7.1 Seller shall repurchase, by payment of the then unpaid Face Amount thereof, together with any unpaid fees relating to the Purchased Account on demand, or, at Lender's Purchaser’s option, by Xxxxxx's Purchaser’s charge to the Reserve Account: 6.1. 7.1.1 Any Purchased Account, the payment of which has been disputed by the Payor or the Account Debtor obligated thereon, Lender Purchaser being under no obligation to determine the bona fide nature fides of such dispute; 6.2. 7.1.2 Any Purchased Account regarding which Borrower Seller has breached any representation or warranty as set forth in the Section 1414.4. 6.3. 7.1.3 Any Purchased Account owing from an Account Debtor or Payor which (ai) in LenderPurchaser’s reasonable credit judgment has become insolvent or (bii) which has indicated an inability or unwillingness to pay the Purchased Account when due; 6.4. 7.1.4 All Purchased Accounts upon the occurrence of an Event of Default, or upon the termination date Termination Date of this Agreement; and 6.5. (a) Any Purchased Account that remains unpaid beyond the Late Payment Date.