Common use of Restricted Junior Payments Clause in Contracts

Restricted Junior Payments. Seller will not make any Restricted Junior Payment if after giving effect thereto, Seller’s Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement).

Appears in 13 contracts

Samples: Receivables Purchase Agreement (Amerisourcebergen Corp), Receivables Purchase Agreement (Henry Schein Inc), Receivables Purchase Agreement (Cencora, Inc.)

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Restricted Junior Payments. Seller will not make any Restricted Junior Payment if after giving effect thereto, Seller’s 's Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement).

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Edwards Lifesciences Corp), Receivables Purchase Agreement (Wolverine Tube Inc), Receivables Purchase Agreement (Unifi Inc)

Restricted Junior Payments. The Seller will not make any Restricted Junior Payment if after giving effect thereto, the Seller’s Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement).

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Arch Chemicals Inc), Receivables Purchase Agreement (Arch Chemicals Inc), Receivables Purchase Agreement (Arch Chemicals Inc)

Restricted Junior Payments. Seller will not make any Restricted Junior Payment if after giving effect thereto, Seller’s 's Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement). From and after the occurrence of an Unmatured Amortization Event, Seller will not make any Restricted Junior Payment.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Airborne Inc /De/), Receivables Purchase Agreement (Airborne Inc /De/)

Restricted Junior Payments. Seller will not make any Restricted Junior Payment if after giving effect thereto, Seller’s Net Worth (as defined in the U.S. Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the U.S. Receivables Sale Agreement).

Appears in 1 contract

Samples: Receivables Purchase Agreement (Wolverine Tube Inc)

Restricted Junior Payments. The Seller will not make any Restricted Junior Payment if if, after giving effect thereto, the Seller’s 's Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement)Amount.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Vitro Sa De Cv)

Restricted Junior Payments. Seller will not make any Restricted Junior Payment if after giving effect thereto, Seller’s 's Net Worth (as defined in the Receivables Sale AgreementAgreements) would be less than the Required Capital Amount (as defined in the Receivables Sale AgreementAgreements).

Appears in 1 contract

Samples: Receivables Purchase Agreement (Adc Telecommunications Inc)

Restricted Junior Payments. Seller will not make any Restricted Junior Payment if after giving effect thereto, Seller’s 's Net Worth (as defined in the Receivables Sale Agreement) Worth, would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement)Amount.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Tower Automotive Inc)

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Restricted Junior Payments. Seller will not make any Restricted Junior Payment (including, without limitation, by deeming any outstanding Demand Advance to constitute a dividend) if after giving effect thereto, : (i) Seller’s 's Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement)., or (ii)Seller will not have remaining cash and/or outstanding

Appears in 1 contract

Samples: Receivables Purchase Agreement (Lafarge Corp)

Restricted Junior Payments. The Seller will not make any Restricted Junior Payment if after giving effect thereto, the Seller’s 's Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement)Amount.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Thomas & Betts Corp)

Restricted Junior Payments. The Seller will not make any Restricted Junior Payment if after giving effect thereto, the Seller’s 's Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement).

Appears in 1 contract

Samples: Receivables Purchase Agreement (Arch Chemicals Inc)

Restricted Junior Payments. Seller will not make any Restricted Junior Payment if after giving effect thereto, Seller’s 's Net Worth (as defined in the U.S. Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the U.S. Receivables Sale Agreement).

Appears in 1 contract

Samples: Receivables Purchase Agreement (Wolverine Tube Inc)

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