Common use of Sales of Receivables Clause in Contracts

Sales of Receivables. (a) In consideration for payment of the Purchase Price in accordance with Section 1.3 and upon the terms and subject to the conditions set forth herein, effective on the Effective Date, the Originator hereby sells, assigns, transfers, sets-over and otherwise conveys to Buyer, without recourse (except to the extent expressly provided herein), and Buyer hereby agrees to purchase from the Originator, all of the Originator’s right, title and interest in and to all of the Originator’s Receivables existing on the Initial Cutoff Date and all Receivables originated by the Originator on each day after the Initial Cutoff Date through and including the Termination Date, together, in each case, with all Related Security relating thereto and all Collections thereof. In connection with the payment of the Purchase Price for any Receivables purchased hereunder, Buyer may request that the Originator deliver, and the Originator shall deliver, such approvals, opinions, information, reports or documents as Buyer may reasonably request.

Sales of Receivables. (a) In consideration for payment of the Purchase Price in accordance with Section 1.3 and upon the terms and subject to the conditions set forth herein, effective on the Effective Date, the each Originator hereby sells, assigns, transfers, sets-over and otherwise conveys to Buyer, without recourse (except to the extent expressly provided herein), and Buyer hereby agrees to purchase from the each Originator, all of the such Originator’s right, title and interest in and to all of the such Originator’s Receivables existing on the Initial Cutoff Date and all Receivables originated by the such Originator on each day from and after the Initial Cutoff Date through and including the such Originator’s Termination Date, together, in each case, together with all Related Security relating thereto and all Collections thereof. In connection with the payment of the Purchase Price for any Receivables purchased hereunder, Buyer may request that the applicable Originator deliver, and the such Originator shall deliver, such approvals, opinions, information, reports or documents as Buyer may reasonably request.

Sales of Receivables. (a) In consideration for payment of the Purchase Price in accordance with Section SECTION 1.3 and upon the terms and subject to the conditions set forth herein, effective on the Effective Date, the each Originator hereby sells, assigns, transfers, sets-over and otherwise conveys to Buyer, without recourse (except to the extent expressly provided herein), and Buyer hereby agrees to purchase from the each Originator, all of the such Originator’s 's right, title and interest in and to all of the such Originator’s 's Receivables existing on the Initial Cutoff Date and all Receivables originated by the such Originator on each day from and after the Initial Cutoff Date through and including the such Originator's Termination Date, together, in each case, together with all Related Security relating thereto and all Collections thereof. In connection with the payment of the Purchase Price for any Receivables purchased hereunder, Buyer may request that the applicable Originator deliver, and the such Originator shall deliver, such approvals, opinions, information, reports or documents as Buyer may reasonably request.

Sales of Receivables. (a) In consideration for payment of the Purchase Price in accordance with Section 1.3 and upon the terms and subject to the conditions set forth herein, effective on the Effective Date, the each Originator hereby sells, assigns, transfers, sets-over and otherwise conveys to Buyer, without recourse (except to the extent expressly provided herein), and Buyer hereby agrees to purchase from the each Originator, all of the such Originator’s right, title and interest in and to all of the such Originator’s Receivables existing on the Initial Cutoff Date and all Receivables originated by the such Originator on each day from and after the Initial Cutoff Date through and including the such Originator’s Termination Date, together, in each case, together with all Related Security relating thereto and all Collections thereof. In connection with the payment of the Purchase Price for any Receivables purchased hereunder, Buyer Xxxxx may request that the applicable Originator deliver, and the such Originator shall deliver, such approvals, opinions, information, reports or documents as Buyer may reasonably request.