Sales, Liens and Debt. Seller will not sell, assign or otherwise dispose of, or cause or create or suffer to exist any lien, encumbrance or security interest, as a result of any act or omission of Seller, upon or with respect to, the Purchased Receivables or upon or with respect to any deposit or other account to which any Collections of any Purchased Receivable are sent, or assign any right to receive income in respect thereof except the interests in favor of Purchaser.
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Samples: Receivables Sale Agreement and Receivables Purchase Agreement (Constellium Se), Receivables Sale Agreement (Constellium Se), Receivables Purchase Agreement (Constellium N.V.)
Sales, Liens and Debt. Seller will not sell, assign or otherwise dispose of, or cause or create or suffer to exist any lien, encumbrance or security interest, as a result of any act or omission of Seller, upon or with respect to, the Purchased Receivables or upon or with respect to any deposit or other account to which any Collections of any Purchased Receivable are sent, or assign any right to receive income in respect thereof except the interests in favor of Purchaserthe Purchasers.
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Samples: Receivables Purchase Agreement (Constellium Se), Receivables Sale Agreement and Receivables Purchase Agreement (Constellium Se), Receivables Purchase Agreement (Constellium N.V.)
Sales, Liens and Debt. Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or cause or create or suffer to exist any lien, encumbrance or security interest, as a result of any act or omission of Seller, interest upon or with respect to, the Purchased Receivables or upon or with respect to any deposit or other account to which any Collections collections of any Purchased Receivable are sent, or assign any right to receive income in respect thereof except the security interests in favor of PurchaserBuyer.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Utstarcom Inc), Committed Receivables Purchase Agreement (Utstarcom Inc)
Sales, Liens and Debt. No Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or cause or create or suffer to exist any lien, encumbrance or security interest, as a result of any act or omission of Seller, interest upon or with respect to, the Purchased Receivables (other than Credit Facility Liens, which shall be released contemporaneously upon the purchase of each Purchased Receivable by Purchaser) or upon or with respect to any deposit or the Collection Account (other account to which any Collections of any Purchased Receivable are sentthan customary bankers’ liens), or assign any right to receive income in respect thereof except the interests in favor of Purchaser.
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Samples: Receivables Purchase Agreement (Wolverine World Wide Inc /De/)
Sales, Liens and Debt. Such Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or cause or create or suffer to exist any lien, encumbrance or security interest, as a result of any act or omission of Seller, interest upon or with respect to, the Purchased Receivables or upon or with respect to any deposit or other account to which any Collections collections of any Purchased Receivable are sent, or assign any right to receive income in respect thereof except the security interests in favor of Purchaserthe Buyer.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Milacron Holdings Corp.)
Sales, Liens and Debt. Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or cause or create or suffer to exist any lienLien, encumbrance or security interest, as a result of any act or omission of Seller, interest upon or with respect to, the Purchased Receivables Receivable or upon or with respect to the Sweep Account or any other deposit or other account to which any Collections of any the Purchased Receivable are sent, or assign any right to receive income in respect thereof except the interests in favor of Purchaser.
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Sales, Liens and Debt. No Seller will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or cause or create or suffer to exist any lien, charge, encumbrance or security interest, as a result of any act or omission of Seller, interest upon or with respect to, the Purchased Receivables or upon or with respect to any deposit or other account to which any Collections of any Purchased Receivable are sent, or assign any right to receive income in respect thereof except the interests in favor of Purchaser.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Lifetime Brands, Inc)
Sales, Liens and Debt. Such Seller will shall not sell, assign (by operation of law or otherwise) or otherwise dispose of, or cause or create or suffer to exist any lien, encumbrance charge, encumbrance, adverse claim or security interest, as a result of any act or omission of Seller, interest upon or with respect to, the Purchased Receivables or upon or with respect to any deposit or other account to which any Collections of any Purchased Receivable Receivables are sentsent (including the Collection Accounts), or assign any right to receive income in respect thereof thereof, except the interests in favor of Purchaserthe Purchaser granted under the Transaction Documents.
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Samples: Master Receivables Purchase Agreement (ChampionX Corp)
Sales, Liens and Debt. Seller Purchaser will not sell, assign (by operation of law or otherwise) or otherwise dispose of, or cause or create or suffer to exist any lienLien, encumbrance or security interest, as a result of any act or omission of Seller, upon or with respect to, the Purchased Receivables or interest upon or with respect to any deposit or the funds that will be used to pay the Deferred Purchase Price, other account to which any Collections of any than the lien on the Purchased Receivable are sentpursuant to the Indenture, or assign any right to receive income in respect thereof except the interests in favor of PurchaserSeller.
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