Responsibilities of the Seller. Anything herein to the contrary notwithstanding: (a) The Seller shall perform all of its obligations under the Contracts related to the Pool Receivables to the same extent as if Eligible Assets had not been sold hereunder and the exercise by the Agent of its rights hereunder shall not relieve the Seller from such obligations or its obligations with respect to Pool Receivables; and (b) Neither the Agent nor the Owners shall have any obligation or liability with respect to any Pool Receivables or related Contracts, nor shall any of them be obligated to perform any of the obligations of the Seller thereunder.
Appears in 3 contracts
Samples: Trade Receivables Purchase and Sale Agreement (Peco Energy Co), Trade Receivables Purchase and Sale Agreement (Geon Co), Trade Receivables Purchase and Sale Agreement (Geon Co)
Responsibilities of the Seller. Anything herein to the contrary notwithstanding:
(a) The Each of the Seller and the Originators shall perform all of its obligations under the Contracts related to the Pool Receivables to the same extent as if Eligible Assets had not been sold hereunder and the exercise by the Agent of its rights hereunder shall not relieve the Seller or any Originator from such obligations or its obligations with respect to Pool ReceivablesReceivables or under the related Contracts; and
(b) Neither the Agent nor the Owners nor the Managing Agents shall have any obligation or liability with respect to any Pool Receivables or related Contracts, nor shall any of them be obligated to perform any of the obligations of the Seller thereunder.
Appears in 2 contracts
Samples: Trade Receivables Purchase and Sale Agreement (Polyone Corp), Trade Receivables Purchase and Sale Agreement (Polyone Corp)
Responsibilities of the Seller. Anything herein to the contrary notwithstanding:
(a) The Seller shall perform all of its obligations under the Contracts related to the Pool Receivables to the same extent as if Eligible Assets Shares had not been sold hereunder and the exercise by the Agent of its rights hereunder shall not relieve the Seller from such obligations or its obligations with respect to Pool Receivables; and
(b) Neither the Agent nor the Owners shall have any obligation or liability with respect to any Pool Receivables or related Contracts, nor shall any of them be obligated to perform any of the obligations of the Seller thereunder.
Appears in 1 contract
Samples: Receivables Purchase and Sale Agreement (Ies Utilities Inc)
Responsibilities of the Seller. Anything herein to the contrary notwithstanding:
(a) The Seller shall perform all of its obligations under the Contracts related to the Pool Receivables to the same extent as if Eligible Assets had not been sold hereunder and the exercise by the Agent of its rights hereunder shall not relieve the Seller from such obligations or its obligations with respect to Pool Receivables; and
and (b) Neither the Agent nor the Owners Owner shall have any obligation or liability with respect to any Pool Receivables or related Contracts, nor shall any either of them be obligated to perform any of the obligations of the Seller thereunder.
Appears in 1 contract