Common use of Sale or Discount of Receivables Clause in Contracts

Sale or Discount of Receivables. None of the Obligors nor any Subsidiary will discount or sell (with or without recourse) any of its notes receivable or accounts receivable.

Appears in 16 contracts

Samples: Credit Agreement (Georesources Inc), Revolving Credit Agreement (Atlas Pipeline Partners Lp), Revolving Credit Agreement (Atlas Pipeline Holdings, L.P.)

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Sale or Discount of Receivables. None of the Obligors nor Borrower, any Guarantor or any Restricted Subsidiary will discount or sell (with or without recourse) any of its notes receivable or accounts receivable.

Appears in 8 contracts

Samples: Credit Agreement (Buckeye Partners L P), Credit Agreement (Buckeye GP Holdings L.P.), Bridge Loan Agreement (Buckeye Partners L P)

Sale or Discount of Receivables. None of the Obligors nor any Subsidiary will discount or sell (with or without recourse) any of its notes receivable or accounts receivable, except in the ordinary course of business.

Appears in 2 contracts

Samples: Credit Agreement (Petrocorp Inc), Credit Agreement (Petrocorp Inc)

Sale or Discount of Receivables. None of the Obligors nor any Subsidiary of their Subsidiaries will discount or sell (with or without recourse) any of its notes receivable or accounts receivable.

Appears in 1 contract

Samples: Credit Agreement (Georesources Inc)

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Sale or Discount of Receivables. None of the Obligors ------------------------------- nor any Subsidiary will discount or sell (with or without recourse) any of its notes receivable or accounts receivable.

Appears in 1 contract

Samples: Credit Agreement (Aroc Inc)

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