Selection and Continuation of Tranche Periods for Committed Purchasers in CP Funding Purchaser Groups. (a) With consultation from (and approval by) each related Managing Agent, Seller shall from time to time request Tranche Periods for the Purchaser Interests of the Committed Purchasers in CP Funding Purchaser Groups; provided, however, that no more than fifteen (15) Tranche Periods shall be outstanding at any one time and Seller shall always request Tranche Periods such that at least one Tranche Period shall end on the date specified in clause (A) of the definition of Settlement Date.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (McKesson Corp), Receivables Purchase Agreement (McKesson Corp), Receivables Purchase Agreement (McKesson Corp)
Selection and Continuation of Tranche Periods for Committed Purchasers in CP Funding Purchaser Groups. (ab) With consultation from (and approval by) each related Managing Agent, Seller shall from time to time request Tranche Periods for the Purchaser Interests of the Committed Purchasers in CP Funding Purchaser Groups; provided, however, that no more than fifteen (15) Tranche Periods shall be outstanding at any one time and Seller shall always request Tranche Periods such that at least one Tranche Period shall end on the date specified in clause (A) of the definition of Settlement Date.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (McKesson Corp), Receivables Purchase Agreement (McKesson Corp), Receivables Purchase Agreement (McKesson Corp)
