Common use of Responsibilities of the Seller Clause in Contracts

Responsibilities of the Seller. Anything herein to the contrary notwithstanding, the Seller shall (i) perform all of its obligations, if any, under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables had not been transferred hereunder, and the exercise by the Agent or the Purchaser of its rights hereunder shall not relieve the Seller from such obligations and (ii) pay when due any taxes, including, without limitation, any sales taxes payable in connection with the Pool Receivables and their creation and satisfaction. The Agent and the Purchaser shall not have any obligation or liability with respect to any Pool Receivable, any Related Security or any related Contract, nor shall any of them be obligated to perform any of the obligations of the Seller under any of the foregoing.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Imperial Sugar Co /New/), Receivables Purchase Agreement (Warren S D Co /Pa/)

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Responsibilities of the Seller. Anything herein to the contrary notwithstanding, the : (a) The Seller and PolyOne each shall (i) perform all of its obligations, if any, obligations under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables Receivable Interests had not been transferred hereunder, sold hereunder and the exercise by the Agent or the Purchaser of its rights hereunder shall not relieve release PolyOne or the Seller from such obligations and (ii) pay when due any taxes, including, without limitation, any sales taxes payable in connection or its obligations with the respect to Pool Receivables and their creation and satisfaction. The or under the related Contracts; and (b) Neither the Agent and nor the Purchaser Owners shall not have any obligation or liability with respect to any Pool Receivable, any Related Security Receivables or any related ContractContracts, nor shall any of them be obligated to perform any of the obligations of the Seller under or any of the foregoingOriginator thereunder.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Polyone Corp), Receivables Purchase Agreement (Polyone Corp), Receivables Purchase Agreement (Polyone Corp)

Responsibilities of the Seller. Anything herein to the contrary notwithstanding, : (a) The Seller and the Seller Servicer each shall (i) perform all of its obligations, if any, obligations under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables Receivable Interests had not been transferred hereunder, sold hereunder and the exercise by the Agent or the Purchaser of its rights hereunder shall not relieve release the Seller or the Servicer from such obligations and (ii) pay when due any taxes, including, without limitation, any sales taxes payable in connection or its obligations with the respect to Pool Receivables and their creation and satisfaction. The or under the related Contracts; and (b) Neither the Agent and nor the Purchaser Purchasers shall not have any obligation or liability with respect to any Pool Receivable, any Related Security Receivables or any related ContractContracts, nor shall any of them be obligated to perform any of the obligations of the Seller under or any of the foregoingOriginator thereunder.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Chemtura CORP), Receivables Purchase Agreement (Lyondell Chemical Co), Receivables Purchase Agreement (Lyondell Chemical Co)

Responsibilities of the Seller. Anything herein to the contrary notwithstanding, the : (a) The Seller shall (i) perform all of its obligations, if any, obligations under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables Eligible Assets had not been transferred hereunder, sold hereunder and the exercise by the Agent or the Purchaser of its rights hereunder shall not relieve the Seller from such obligations and or its obligations with respect to Pool Receivables; and (iib) pay when due any taxes, including, without limitation, any sales taxes payable in connection with Neither the Pool Receivables and their creation and satisfaction. The Agent and nor the Purchaser Owner shall not have any obligation or liability with respect to any Pool Receivable, any Related Security Receivables or any related ContractContracts, nor shall any either of them be obligated to perform any of the obligations of the Seller under any of the foregoingthereunder.

Appears in 3 contracts

Samples: Trade Receivables Purchase and Sale Agreement (Detroit Edison Securitization Funding LLC), Trade Receivables Purchase and Sale Agreement (Detroit Edison Securitization Funding LLC), Trade Receivables Purchase and Sale Agreement (Detroit Edison Co)

Responsibilities of the Seller. Anything herein to the contrary notwithstanding: (a) The Seller shall, the Seller and shall (i) cause each Originator to, perform all of its obligations, if any, obligations under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivable Interests and Receivables had not been transferred hereunder, sold and the exercise by the Administrative Agent or and by the Purchaser Purchasers of its their rights hereunder shall not relieve release the Collection Agent, the Seller or any Originator from such any of their duties or obligations and (ii) pay when due with respect to any taxes, including, without limitation, any sales taxes payable in connection with the Pool Receivables and their creation and satisfaction. The or under the related Contracts; and (b) Neither the Administrative Agent and nor the Purchaser Purchasers shall not have any obligation or liability with respect to any Pool Receivable, any Related Security Receivables or any related ContractContracts, nor shall any of them be obligated to perform any of the obligations of the Seller under or any of the foregoingOriginator thereunder.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Georgia Pacific Corp), Receivables Purchase Agreement (Georgia Pacific Corp)

Responsibilities of the Seller. Anything herein to the contrary notwithstanding, the : (a) The Seller and Crown (USA) each shall (i) perform all of its obligations, if any, obligations under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables Receivable Interests had not been transferred hereunder, sold hereunder and the exercise by the Agent or the Purchaser of its rights hereunder shall not relieve release Crown (USA) or the Seller from such obligations and (ii) pay when due any taxes, including, without limitation, any sales taxes payable in connection or its obligations with the respect to Pool Receivables and their creation and satisfaction. The or under the related Contracts; and (b) Neither the Agent and nor the Purchaser Owners shall not have any obligation or liability with respect to any Pool Receivable, any Related Security Receivables or any related ContractContracts, nor shall any of them be obligated to perform any of the obligations of the Seller under any of the foregoingthereunder.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Crown Holdings Inc), Receivables Purchase Agreement (Crown Cork & Seal Co Inc)

Responsibilities of the Seller. Anything herein to the contrary notwithstanding: (a) The Seller shall, the Seller and shall (i) cause each Selling Subsidiary to, perform all of its obligations, if any, obligations under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables Eligible Assets had not been transferred hereunder, sold hereunder and the exercise by the Agent or the Purchaser of its rights hereunder shall not relieve the Seller or any Selling Subsidiary from such obligations and or its obligations with respect to Pool Receivables; and (iib) pay when due any taxes, including, without limitation, any sales taxes payable in connection with Neither the Pool Receivables and their creation and satisfaction. The Agent and nor the Purchaser Owners shall not have any obligation or liability with respect to any Pool Receivable, any Related Security Receivables or any related ContractContracts, nor shall any of them be obligated to perform any of the obligations of the Seller under thereunder or any of the foregoingobligations of any Selling Subsidiary thereunder.

Appears in 1 contract

Samples: Trade Receivables Purchase and Sale Agreement (Polyone Corp)

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Responsibilities of the Seller. Anything herein to the contrary notwithstanding, the Seller shall (i) perform all of its obligations, if any, under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables had not been transferred hereunder, and the exercise by the Agent or the Purchaser of its rights hereunder shall not relieve the Seller from such obligations and (ii) pay when due any taxes, including, without limitation, any sales taxes payable in connection with the Pool Receivables and their creation and satisfaction. The Agent and the Purchaser shall not have any obligation or liability with respect to any Pool Receivable, any Related Security or any related Contract, nor shall any of them be obligated to perform any of the obligations of the Seller or AFC under any of the foregoing.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Minnesota Power & Light Co)

Responsibilities of the Seller. (a) Anything herein to the contrary notwithstanding, the Seller shall shall: (i) perform all of its obligations, if any, under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables had not been transferred hereunder, and the exercise by the Agent Administrator or the Purchaser Issuer of its their respective rights hereunder shall not relieve the Seller from such obligations obligations, and (ii) pay when due any taxes, including, without limitation, including any sales taxes payable in connection with the Pool Receivables and their creation and satisfaction. The Agent Administrator and the Purchaser Issuer shall not have any obligation or liability with respect to any Pool Receivable, any Related Security or any related ContractAsset, nor shall any either of them be obligated to perform any of the obligations of the Seller under any of Seller, Cxxxxxxxx or the foregoingOriginator thereunder.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Carpenter Technology Corp)

Responsibilities of the Seller. Anything herein to the contrary notwithstanding, the : (a) The Seller and Crown (USA) each shall (i) perform all of its obligations, if any, obligations under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables the Receivable Interests had not been transferred hereunder, sold hereunder and the exercise by the Agent or the Purchaser of its rights hereunder shall not relieve release Crown (USA) or the Seller from such obligations and (ii) pay when due any taxes, including, without limitation, any sales taxes payable in connection or its obligations with the respect to Pool Receivables and their creation and satisfaction. The Agent and or under the Purchaser related Contracts; and (b) Neither the Agent, the Facility Agents nor the Owners shall not have any obligation or liability with respect to any Pool Receivable, any Related Security Receivables or any related ContractContracts, nor shall any of them be obligated to perform any of the obligations of the Seller under any of the foregoingthereunder.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Crown Holdings Inc)

Responsibilities of the Seller. Anything Notwithstanding anything herein to the contrary notwithstandingcontrary, the Seller shall (i) perform all of its obligations, if any, under the Contracts related to the Pool Receivables to the same extent as if interests in such Pool Receivables had not been transferred hereunder, and the exercise by the Agent or the Purchaser of its rights hereunder shall not relieve the Seller from such obligations obligations, and (ii) pay when due any taxes, including, without limitation, any sales taxes payable in connection with the Pool Receivables and their creation and satisfaction. The Agent and the Purchaser shall not have any obligation or liability with respect to any Pool Receivable, any Related Security or any related Contract, nor shall any of them be obligated to perform any of the obligations of the Seller under any of the foregoing.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Johnsondiversey Holdings Inc)

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