Common use of Rights of Buyer Clause in Contracts

Rights of Buyer. (a) Subject to Section 7.4(b), each Seller hereby authorizes Buyer, the Servicer and/or their respective designees to take any and all steps in such Seller's name and on behalf of such Seller that Buyer, the Servicer and/or their respective designees determine are reasonably necessary or appropriate to collect all amounts due under any and all Specified Assets, including endorsing the name of such Seller on checks and other instruments representing Collections and enforcing such Seller's rights under such Specified Assets.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Big Flower Press Holdings Inc), Receivables Purchase Agreement (International Comfort Products Corp), Receivables Purchase Agreement (International Comfort Products Corp)

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Rights of Buyer. (a) Subject to Section 7.4(b), each Each Seller hereby authorizes Buyer, the Servicer and/or their respective designees to take any and all steps in such Seller's ’s name and on behalf of such Seller that Buyer, the Servicer and/or their respective designees determine are reasonably necessary or appropriate to collect all amounts due under any and all Specified Assets, including endorsing the name of such Seller on Equipment Notes, checks and other instruments representing Collections and enforcing such Seller's ’s rights under such Specified Assets.

Appears in 2 contracts

Samples: Purchase Agreement (Alliance Laundry Systems LLC), Purchase Agreement (Alliance Laundry Systems LLC)

Rights of Buyer. (a) Subject to Section 7.4(b), each Each Seller hereby authorizes Buyer, the Servicer Initial Collection Agent and/or their respective designees to take any and all steps in such Seller's Sellers name and on behalf of such Seller that Buyer, the Servicer Initial Collection Agent and/or their respective designees determine are reasonably necessary or appropriate to collect all amounts due under any and all Specified Assets, including endorsing the name of such Seller on checks and other instruments representing Collections and enforcing such Seller's ’s rights under such Specified Assets.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Chemtura CORP)

Rights of Buyer. (a) Subject to Section 7.4(b), each Each Seller hereby authorizes Buyer, the Servicer and/or their respective designees to take any and all steps in such Seller's name and on behalf of such Seller that Buyer, the Servicer and/or their respective designees determine are reasonably necessary or appropriate to collect all amounts due under any and all Specified Assets, including endorsing the name of such Seller on Equipment Notes, checks and other instruments representing Collections and enforcing such Seller's rights under such Specified Assets.

Appears in 1 contract

Samples: Purchase Agreement (Alliance Laundry Corp)

Rights of Buyer. (a) Subject to Section SECTION 7.4(b), each Seller hereby authorizes Buyer, the Servicer and/or their respective designees to take any and all steps in such Seller's name and on behalf of such Seller that Buyer, the Servicer and/or their respective designees determine are reasonably necessary or appropriate to collect all amounts due under any and all Specified Assets, including endorsing the name of such Seller on checks and other instruments representing Collections and enforcing such Seller's rights under such Specified Assets.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Vertis Inc)

Rights of Buyer. (a) Subject to Section 7.4(b), each --------------- -------------- Seller hereby authorizes Buyer, the Servicer Buyer and/or their respective its designees to take any and all steps in such Seller's name and on behalf of such Seller that Buyer, the Servicer Buyer and/or their respective its designees determine are reasonably necessary or appropriate to collect all amounts due under any and all Specified Assets, including endorsing the name of such Seller on checks and other instruments representing Collections and enforcing such Seller's rights under such Specified Assets.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Alliance Laundry Holdings LLC)

Rights of Buyer. (a) Subject to Section 7.4(b), each Seller hereby authorizes Buyer, the Servicer and/or their Buyer or its respective designees and assigns to take any and all steps in such Seller's name and on behalf of such Seller that Buyer’s name, the Servicer and/or their respective designees determine are reasonably necessary or appropriate desirable, in Buyer’s determination, to collect all amounts due under any and all Specified AssetsReceivables originated by Seller, including including, without limitation, endorsing the Seller’s name of such Seller on checks and other instruments representing Collections and enforcing such Seller's Receivables, the Invoices and the provisions of the related Contracts and Related Security that concerns payment and/or enforcement of rights under such Specified Assetsto payment.

Appears in 1 contract

Samples: Receivable Sales Agreement (General Datacomm Industries Inc)

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Rights of Buyer. (a) Subject to Section 7.4(b), each Each Seller hereby authorizes Buyer, the Servicer Initial Collection Agent and/or their respective designees to take any and all steps in such Seller's name and on behalf of such Seller that Buyer, the Servicer Initial Collection Agent and/or their respective designees determine are reasonably necessary or appropriate to collect all amounts due under any and all Specified Assets, including endorsing the name of such Seller on checks and other instruments representing Collections and enforcing such Seller's rights under such Specified Assets.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Crompton & Knowles Corp)

Rights of Buyer. (a) Subject to Section 7.4(b7.3(b), each Seller hereby authorizes Buyer, the -------------- Second Step Purchaser, Servicer and/or their respective designees to take any and all steps in such Seller's name and on behalf of such Seller that Buyer, the Second Step Purchaser, Servicer and/or their respective designees determine are reasonably necessary or appropriate to collect all amounts due under any and all Specified AssetsReceivables, including endorsing the name of such Seller on checks and other instruments representing Collections and enforcing such Seller's rights under such Specified AssetsReceivables.

Appears in 1 contract

Samples: Sale Agreement (Exide Corp)

Rights of Buyer. (a) Subject to Section 7.4(b7.3(b), each Seller hereby authorizes Buyer, the Second Step Purchaser, Servicer and/or their respective designees to take any and all steps in such Seller's name and on behalf of such Seller that Buyer, the Second Step Purchaser, Servicer and/or their respective designees determine are reasonably necessary or appropriate to collect all amounts due under any and all Specified AssetsReceivables, including endorsing the name of such Seller on checks and other instruments representing Collections and enforcing such Seller's rights under such Specified AssetsReceivables.

Appears in 1 contract

Samples: Sale Agreement (Exide Corp)

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