Responsibilities of the Seller. The Seller shall, or shall cause each Originator to, pay when due all Taxes payable in connection with the Receivables or their creation or satisfaction. The Seller shall, and shall cause each Originator to, perform all of its obligations under agreements related to the Receivables to the same extent as if interests in the Receivables had not been transferred hereunder or, in the case of each Originator, under each Purchase Agreement. The Agent's or any Purchaser's exercise of any rights hereunder shall not relieve the Seller or any Originator from such obligations. Neither the Agent nor any Purchaser shall have any obligation to perform any obligation of the Seller or of any Originator or any other obligation or liability in connection with the Receivables.
Appears in 3 contracts
Samples: Receivables Sale Agreement (Davis-Standard CORP), Receivables Sale Agreement (Crompton & Knowles Corp), Receivables Sale Agreement (Crompton Corp)
Responsibilities of the Seller. The Seller shall, or shall cause each the Originator to, pay when due all Taxes payable in connection with the Receivables or their creation or satisfaction. The Seller shall, and shall cause each the Originator to, perform all of its obligations under agreements related to the Receivables to the same extent as if interests in the Receivables had not been transferred hereunder or, in the case of each the Originator, under each the Purchase Agreement. The Agent's ’s or any Purchaser's ’s exercise of any rights hereunder shall not relieve the Seller or any the Originator from such obligations. Neither the Agent nor any Purchaser shall have any obligation to perform any obligation of the Seller or of any the Originator or any other obligation or liability in connection with the Receivables.
Appears in 3 contracts
Samples: Receivables Sale Agreement (Ipalco Enterprises, Inc.), Receivables Sale Agreement (Ipalco Enterprises, Inc.), Receivables Sale Agreement (Ipalco Enterprises, Inc.)
Responsibilities of the Seller. The Seller shall, or shall cause each Originator to, pay when due all Taxes payable in connection with Anything herein to the Receivables or their creation or satisfaction. contrary notwithstanding:
(a) The Seller shall, and shall cause each Originator to, perform all of its obligations under agreements the Contracts related to the Pool Receivables to the same extent as if interests in the Receivable Interests and Receivables had not been transferred hereunder or, in sold and the case exercise by the Administrative Agent and by the Secondary Purchasers of each Originator, under each Purchase Agreement. The Agent's or any Purchaser's exercise of any their rights hereunder shall not relieve release the Collection Agent, the Seller or any Originator from such obligations. any of their duties or obligations with respect to any Pool Receivables or under the related Contracts; and
(b) Neither the Administrative Agent nor any Purchaser the Secondary Purchasers 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 obligation the obligations of the Seller or of any Originator or any other obligation or liability in connection with the Receivablesthereunder.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Georgia Pacific Corp), Receivables Purchase Agreement (Georgia Pacific Corp)
Responsibilities of the Seller. The Seller shall, or shall cause each Originator to, pay when due all Taxes payable in connection with the Receivables and the Related Security or their creation or satisfaction. The Seller shall, and shall cause each Originator to, to perform all of its obligations under agreements related to the Receivables and the Related Security to the same extent as if interests in the Receivables and the Related Security had not been transferred hereunder or, in or under the case of each Originator, under each Purchase Agreement. The Agent's or any Purchaser's exercise of any rights hereunder shall not relieve the Seller or any an Originator from such obligations. Neither None of the Agent, any Purchaser Agent nor or any Purchaser shall have any obligation to perform any obligation of the Seller or of any an Originator or any other obligation or liability in connection with the ReceivablesReceivables or the Related Security.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Arvinmeritor Inc), Receivables Sale Agreement (Arvinmeritor Inc)
Responsibilities of the Seller. The Seller shall, or shall cause each the Originator to, pay when due all Taxes payable in connection with the Receivables or their creation or satisfaction. The Seller shall, and shall cause each the Originator to, perform all of its obligations under agreements related to the Receivables to the same extent as if interests in the Receivables had not been transferred hereunder or, in the case of each the Originator, under each Purchase Agreement. The Agent's ’s, any Purchaser Agent’s or any Purchaser's ’s exercise of any rights hereunder shall not relieve the Seller or any the Originator from such obligations. Neither None of the Agent, any Purchaser Agent nor or any Purchaser shall have any obligation to perform any obligation of the Seller or of any the Originator or any other obligation or liability in connection with the Receivables.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Officemax Inc), Receivables Sale Agreement (Officemax Inc)
Responsibilities of the Seller. The Seller shall, or shall cause each the Originator to, pay when due all Taxes payable in connection with the Receivables or their creation or satisfaction. The Seller shall, and shall cause each the Originator to, perform all of its obligations under agreements related to the Receivables to the same extent as if interests in the Receivables had not been transferred hereunder or, in the case of each the Originator, under each the Purchase Agreement. The Agent's or any Purchaser's exercise of any rights hereunder shall not relieve the Seller or any the Originator from such obligations. Neither the Agent nor any Purchaser shall have any obligation to perform any obligation of the Seller or of any the Originator or any other obligation or liability in connection with the Receivables.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Ipalco Enterprises, Inc.), Receivables Sale Agreement (Ipalco Enterprises Inc)
Responsibilities of the Seller. The Seller shall, or shall cause each the Originator to, pay when due all Taxes payable in connection with the Receivables and the Related Security or their creation or satisfaction. The Seller shall, and shall cause each the Originator to, perform all of its obligations under agreements related to the Receivables and the Related Security to the same extent as if interests in the Receivables and the Related Security had not been transferred hereunder or, in the case of each the Originator, under each the Purchase Agreement. The Agent's ’s or any Purchaser's ’s exercise of any rights hereunder shall do not relieve the Seller or any the Originator from such obligations. Neither the Agent nor any Purchaser shall have has any obligation to perform any obligation of the Seller or of any the Originator or any other obligation or liability in connection with the ReceivablesReceivables or the Related Security.
Appears in 1 contract
Samples: Receivables Sale Agreement (Hunt J B Transport Services Inc)
Responsibilities of the Seller. The Seller shall, or shall cause each Originator the Originators to, pay when due all Taxes payable in connection with the applicable Receivables or their creation or satisfaction. The Seller shall, and shall cause each Originator the Originators to, perform all of its their respective obligations under agreements related to the Receivables to the same extent as if interests in the Receivables had not been transferred hereunder or, in the case of each any Originator, under each the related Purchase Agreement. The Agent's ’s, any Purchaser Agent’s or any Purchaser's ’s exercise of any rights hereunder shall not relieve the Seller or any Originator from such obligations. Neither None of the Agent, any Purchaser Agent nor or any Purchaser shall have any obligation to perform any obligation of the Seller or of any Originator or any other obligation or liability in connection with the Receivables.
Appears in 1 contract
Responsibilities of the Seller. The Seller shall, or shall cause each the Originator to, pay when due all Taxes payable in connection with the Receivables and the Related Security or their creation or satisfaction. The Seller shall, and or shall cause each the Originator to, perform all of its obligations under agreements related to the Receivables and the Related Security to the same extent as if interests in the Receivables and the Related Security had not been transferred hereunder or, in the case of each Originator, under each Purchase Agreementhereunder. The Agent's ’s or any the Purchaser's ’s exercise of any rights hereunder shall not relieve the Seller or any Originator from such obligations. Neither the Agent nor any the Purchaser shall have any obligation to perform any obligation of the Seller or of any Originator or any other obligation or liability in connection with the ReceivablesReceivables or the Related Security.
Appears in 1 contract
Samples: Receivables Sale Agreement (Great Plains Energy Inc)
Responsibilities of the Seller. The Seller shall, or shall cause each the Originator to, pay when due all Taxes payable in connection with the Receivables and the Related Security or their creation or satisfaction. The Seller shall, and or shall cause each the Originator to, perform all of its obligations under agreements related to the Receivables and the Related Security to the same extent as if interests in the Receivables and the Related Security had not been transferred hereunder or, in the case of each Originator, under each Purchase Agreementhereunder. The Agent's or any the Purchaser's exercise of any rights hereunder shall not relieve the Seller or any Originator from such obligations. Neither the Agent nor any the Purchaser shall have any obligation to perform any obligation of the Seller or of any Originator or any other obligation or liability in connection with the ReceivablesReceivables or the Related Security.
Appears in 1 contract
Samples: Receivables Sale Agreement (Great Plains Energy Inc)
Responsibilities of the Seller. The Seller shall, or shall cause each Originator to, pay when due all Taxes payable in connection with the Receivables or their creation or satisfaction. The Seller shall, and shall cause each Originator to, perform all of its obligations under agreements related to the Receivables to the same extent as if interests in the Receivables had not been transferred hereunder or, in the case of each Originator, under each Purchase Agreement. The Agent's, any Purchaser Agent's or any Purchaser's exercise of any rights hereunder shall not relieve the Seller or any Originator from such obligations. Neither None of the Agent nor Agent, any Purchaser Agents or any Purchaser shall have any obligation to perform any obligation of the Seller or of any Originator or any other obligation or liability in connection with the Receivables.
Appears in 1 contract
Responsibilities of the Seller. The Seller shall, or shall cause each Originator to, pay when due all Taxes payable in connection with the Receivables and the Related Security or their creation or satisfaction. The Seller shall, and shall cause each Originator to, to perform all of its obligations under agreements related to the Receivables and the Related Security to the same extent as if interests in the Receivables and the Related Security had not been transferred hereunder or, in or under the case of each Originator, under each Purchase Agreement. The Agent's or any Purchaser's exercise of any rights hereunder shall not relieve the Seller or any an Originator from such obligations. Neither the Agent nor any Purchaser shall have any obligation to perform any obligation of the Seller or of any an Originator or any other obligation or liability in connection with the ReceivablesReceivables or the Related Security.
Appears in 1 contract