Responsibilities of the Originators. Anything herein to the contrary notwithstanding: (a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations. (b) None of the Buyer, the Servicer, the Lenders or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder. (c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 5 contracts
Samples: Purchase and Sale Agreement (Lamar Media Corp/De), Purchase and Sale Agreement (Lamar Media Corp/De), Purchase and Sale Agreement (Lamar Media Corp/De)
Responsibilities of the Originators. Anything Notwithstanding anything herein to the contrary notwithstandingcontrary:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 4 contracts
Samples: Sale and Contribution Agreement (Centuri Holdings, Inc.), Sale and Contribution Agreement (Fortrea Holdings Inc.), Sale and Contribution Agreement (Kinetik Holdings Inc.)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders Purchasers, the Purchaser Agents or the Administrative Agent Administrator shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders Purchasers, the Purchaser Agents or the Administrative Agent Administrator be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent Administrator an irrevocable power-of-power of attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an a Termination Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Celanese Corp), Purchase and Sale Agreement (Celanese Corp), Purchase and Sale Agreement (LyondellBasell Industries N.V.)
Responsibilities of the Originators. Anything Notwithstanding anything herein to the contrary notwithstandingcontrary:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 3 contracts
Samples: Sale and Contribution Agreement (Evoqua Water Technologies Corp.), Sale and Contribution Agreement (EnLink Midstream, LLC), Sale and Contribution Agreement (EnLink Midstream Partners, LP)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Compass Minerals International Inc), Purchase and Sale Agreement (Owens & Minor Inc/Va/), Purchase and Sale Agreement (Syneos Health, Inc.)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders any Sub-Servicer (other than in its capacity as an Originator, if applicable) or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any ReceivablesReceivables sold or otherwise conveyed (or purported to be sold or otherwise conveyed) by the Originators hereunder, any Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders or the Administrative Agent any of them be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent (as the Buyer’s assignee) an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed Receivables sold or otherwise conveyed (or purported to be conveyed sold or otherwise conveyed) by it such Originator hereunder (or any Related RightRights).
Appears in 2 contracts
Samples: Receivables Purchase and Sale Agreement (Volt Information Sciences, Inc.), Receivables Purchase and Sale Agreement (Volt Information Sciences, Inc.)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Master Servicer, the Lenders Purchasers or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Master Servicer, the Lenders Purchasers or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default Termination to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Gray Television Inc), Receivables Sale Agreement (Nabors Industries LTD)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders Lenders, the Group Agents or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders Lenders, the Group Agents or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be sold, contributed or otherwise conveyed by it hereunder or Related Right.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Integra Lifesciences Holdings Corp), Purchase and Sale Agreement (Applied Industrial Technologies Inc)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders or the Administrative Agent shall have any obligation or liability to any Obligor Account Debtor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent (as assignee of Buyer for the benefit of the Secured Parties under the ABL Credit Agreement) an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (as assignee of Buyer for the benefit of the Secured Parties under the ABL Credit Agreement) (whether or not from such Originator) in connection with any Receivable sold, contributed sold or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Mallinckrodt PLC), Purchase and Sale Agreement (Mallinckrodt PLC)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the ServicerServicer (other than in its capacity as an Originator), any Sub-Servicer (other than in its capacity as an Originator), the Lenders or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, (other than in its capacity as an Originator), any Sub-Servicer (other than in its capacity as an Originator) the Lenders or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed sold or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Volt Information Sciences, Inc.), Purchase and Sale Agreement (Volt Information Sciences, Inc.)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default Termination to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Centric Brands Inc.), Purchase and Sale Agreement (Centric Brands Inc.)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent (as assignee of Buyer) an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (as assignee of Buyer) (whether or not from such Originator) in connection with any Receivable sold, contributed sold or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Mallinckrodt PLC), Purchase and Sale Agreement (Mallinckrodt PLC)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunderhereunder and under the Contracts to which it is a party, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders Master Servicer or the Administrative Agent Regions Bank shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders Master Servicer or the Administrative Agent Regions Bank be obligated to perform any of the obligations of such any Originator thereunder.
(c) Each Originator hereby grants to Regions Bank (as the Buyer and the Administrative Agent Buyer’s assignee) an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default Termination to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Samples: Receivables Sale and Contribution Agreement (StarTek, Inc.)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) [Reserved].
(b) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(bc) None of the Buyer, the Borrower, the Servicer, the Lenders or the Administrative Agent or any other Credit Party shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Borrower, the Servicer, the Lenders or the Administrative Agent or any other Credit Party be obligated to perform any of the obligations of such Originator thereunder.
(cd) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-power of attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of a Termination Event or an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed sold or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Alliance Resource Partners Lp)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders Lenders, the Group Agents or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders Lenders, the Group Agents or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary 708335522 13436693 or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the ServicerServicer (other than in its capacity as an Originator), the Lenders Lenders, the Group Agents or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the ServicerServicer (other than in its capacity as an Originator), the Group Agents, the Lenders or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed sold or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Samples: Purchase and Sale Agreement (PRA Health Sciences, Inc.)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the ServicerBorrower, the Lenders or the Administrative Agent shall have any obligation or liability to any Obligor Account Debtor or any other third Person with respect to any Subject Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer Buyer, the Borrower (as assignee of Buyer) and the Administrative Agent (as assignee of Borrower for the benefit of the Secured Parties under the ABL Credit Agreement) an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or Borrower (as assignee of Buyer) or the Administrative Agent (as assignee of Borrower for the benefit of the Secured Parties under the ABL Credit Agreement) (whether or not from such Originator) in connection with any Subject Receivable sold, contributed sold or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.Right provided that any such action may only be taken to the extent permitted by, and in accordance with, applicable law or regulation..
Appears in 1 contract
Samples: Purchase and Contribution Agreement (Hawaiian Electric Co Inc)
Responsibilities of the Originators. Anything Notwithstanding anything herein to the contrary notwithstandingcontrary:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable or Related Rights sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Responsibilities of the Originators. Anything Notwithstanding anything herein to the contrary notwithstandingcontrary:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Subject to Section 9.02(e) of the Receivables Purchase Agreement and any requirements or restrictions set forth in the Medicare or Medicaid laws, rules or regulations, each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Samples: Sale and Contribution Agreement (Labcorp Holdings Inc.)
Responsibilities of the Originators. Anything Notwithstanding anything herein to the contrary notwithstandingcontrary:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Responsibilities of the Originators. Anything Notwithstanding anything herein to the contrary notwithstandingcontrary:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.. 127299818\V-5
(b) None of the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders any Sub-Servicer (other than in its capacity as an Originator, if applicable) or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any ReceivablesReceivables sold (or purported to be sold) by the Originators hereunder, any Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders or the Administrative Agent any of them be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants [Deleted.]
(d) To the extent that the sale (or purported sale) of a Receivable to the Buyer does not entitle the Buyer to the entire interest therein, the Originator shall hold that interest as trustee for the Buyer and the Administrative Agent an irrevocable power-of-attorney, shall not thereafter deal in any way with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take any interest in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any relevant Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Rightsave as expressly permitted under this Agreement.
Appears in 1 contract
Samples: Receivables Purchase and Sale Agreement (Volt Information Sciences, Inc.)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders Purchasers or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default Termination to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
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Samples: Purchase and Sale Agreement (Ashland Global Holdings Inc)
Responsibilities of the Originators. Anything Each Originator agrees, that anything herein to the contrary notwithstanding:
(a) Each Originator it shall perform its obligations hereunder, and the exercise by the Buyer Company or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None none of the BuyerCompany, the Servicer, the Lenders Lenders, the Group Agents or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the BuyerCompany, the Servicer, the Lenders Lenders, the Group Agents or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator it hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-power of attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent Company (whether or not from such Originator) in connection with any Pool Receivable sold, or Related Right contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Righthereunder.
Appears in 1 contract
Samples: Transfer and Contribution Agreement (First Data Corp)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Borrower, the Servicer, the Lenders Group Agents, or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Borrower, the Servicer, the Lenders Group Agents, or the Administrative Agent be obligated to perform any of the obligations of such any Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-power of attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent Borrower (whether or not from such Originator) in connection with any Receivable sold, contributed sold or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Exact Sciences Corp)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders Purchasers, the Group Agents or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders Purchasers, the Group Agents or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default Termination to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Computer Sciences Corp)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer Company or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the BuyerCompany, the Servicer, the Lenders Group Agents, or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the BuyerCompany, the Servicer, the Lenders Group Agents, or the Administrative Agent be obligated to perform any of the obligations of such any Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-power of attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent Company (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Responsibilities of the Originators. Anything Notwithstanding anything herein to the contrary notwithstandingcontrary:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed sold or otherwise conveyed or purported to be conveyed by it hereunder or Related Right.
Appears in 1 contract
Samples: Sale Agreement (Sabre Corp)
Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) Each Originator shall perform its obligations hereunder, and the exercise by the Buyer or its designee of its rights hereunder shall not relieve such Originator from such obligations.
(b) None of the Buyer, the Servicer, the Lenders or the Administrative Agent shall have any obligation or liability to any Obligor or any other third Person with respect to any Receivables, Contracts related thereto or any other related agreements, nor shall the Buyer, the Servicer, the Lenders or the Administrative Agent be obligated to perform any of the obligations of such Originator thereunder.
(c) Each Originator hereby grants to the Buyer and the Administrative Agent an irrevocable power-of-attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of an Event of Default to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Buyer or the Administrative Agent (whether or not from such Originator) in connection with any Receivable sold, contributed or otherwise conveyed or purported to be sold, contributed or otherwise conveyed by it hereunder or Related Right.
Appears in 1 contract