Common use of Responsibilities of the Sellers Clause in Contracts

Responsibilities of the Sellers. Notwithstanding anything herein to the contrary, (i) each Seller shall perform or cause to be performed all its obligations under the Policies related to the Purchased Receivables to the same extent as if such Purchased Receivables had not been transferred to the Company hereunder, (ii) the exercise by the Company of any of its rights hereunder shall not relieve such Seller of its obligations with respect to such Purchased Receivables and (iii) except as provided by law, the Company shall not have any obligation or liability with respect to any Purchased Receivables, nor shall the Company be obligated to perform any of the obligations or duties of such Seller thereunder.

Appears in 1 contract

Samples: Receivables Sale Agreement (Ingram Micro Inc)

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Responsibilities of the Sellers. Notwithstanding anything herein to the contrary, (i) each the Seller shall perform or cause to be performed all its obligations under the Credit and Collection Policies related to the Purchased Receivables to the same extent as if such Purchased Receivables had not been transferred to the Company hereunder, (ii) the exercise by the Company of any of its rights hereunder shall not relieve such any Seller of its obligations with respect to such Purchased Receivables and (iii) except as provided by law, the Company shall not have any obligation or liability with respect to any Purchased Receivables, nor shall the Company be obligated to perform any of the obligations or duties of such any Seller thereunder.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Stone Container Corp)

Responsibilities of the Sellers. Notwithstanding anything herein to the contrary, (i) each such Seller shall perform or cause to be performed all its obligations under the Policies related to the Purchased Receivables to the same extent as if such Purchased Receivables had not been transferred to the Company hereunder, (ii) the exercise by the Company of any of its rights hereunder shall not relieve such Seller of its obligations with respect to such Purchased Receivables and (iii) except as provided by law, the Company shall not have any obligation or liability with respect to any Purchased Receivables, nor shall the Company be obligated to perform any of the obligations or duties of such Seller thereunder.

Appears in 1 contract

Samples: Receivables Sale Agreement (Lifestyle Furnishings International LTD)

Responsibilities of the Sellers. Notwithstanding anything ------------------------------- herein to the contrary, (i) each Seller shall perform or cause to be performed all its obligations under the Policies and the Company Policies related to the Purchased Receivables to the same extent as if such Purchased Receivables had not been transferred to the Company hereunder, (ii) the exercise by the Company of any of its rights hereunder shall not relieve such any Seller of its obligations with respect to such Purchased Receivables and (iii) except as provided by law, the Company shall not have any obligation or liability with respect to any Purchased Receivables, nor shall the Company be obligated to perform any of the obligations or duties of such any Seller thereunder.

Appears in 1 contract

Samples: Receivables Sale Agreement (Waste Management Inc /De/)

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Responsibilities of the Sellers. Notwithstanding anything herein to the contrary, (i) each Seller shall perform or cause to be performed all its obligations under the Policies related to the Purchased Receivables to the same extent as if such Purchased Receivables had not been transferred to the Company hereunder, (ii) the exercise by the Company of any of its rights hereunder shall not relieve such any Seller of its obligations with respect to such Purchased Receivables (other than the obligations of BII as Servicer if the Company has terminated the appointment of BII as the Servicer) and (iii) except as provided by law, the Company shall not have any obligation or liability with respect to any Purchased Receivables, nor shall the Company be obligated to perform any of the obligations or duties of such any Seller thereunder.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Burlington Industries Inc /De/)

Responsibilities of the Sellers. Notwithstanding anything herein to the contrary, (i) each Seller shall perform or cause to be performed all its obligations under the Policies related to the Purchased Receivables to the same extent as if such Purchased Receivables had not been transferred to the Company hereunder, (ii) the exercise by the Company of any of its rights hereunder shall not relieve such any Seller of its obligations with respect to such Purchased Receivables and (iii) except as provided by law, the Company shall not have any obligation or liability with respect to any Purchased Receivables, nor shall the Company be obligated to perform any of the obligations or duties of such any Seller thereunder.

Appears in 1 contract

Samples: Receivables Sale Agreement (General Cable Corp /De/)

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