Common use of Seller’s Repurchase Obligation Clause in Contracts

Seller’s Repurchase Obligation. In addition to all other rights of Allied hereunder, Allied may require that Seller repurchase, by payment of the Repurchase Price together with any other unpaid fees then owing to Allied, any Account that has been purchased by Allied: (i) for which Seller has breached its warranty or representation concerning such Account as set forth herein; or (ii) which was purchased by Allied With Recourse. If any Account purchased by Allied is one that Seller is or becomes obligated to pay or repurchase under this Agreement and is not paid within the Initial Payment Period, Allied, at Allied's sole discretion, may elect to: (i) retain ownership of the Account until the earlier of either the date the Account is paid by the Account Debtor or 90 days after the invoice date of the Account, or (ii) at any time require Seller to repurchase the Account at the Repurchase Price. The purchase price for any Account, which Seller is required to repurchase from Allied under this Agreement is the Face Amount of the Account (the "Repurchase Price"). If Seller ever becomes obligated to repurchase an Account from Allied, it shall not become the owner of such Account until it has paid the Repurchase Price to Allied.

Seller’s Repurchase Obligation. In addition to all other rights of Allied hereunder, Allied may require that Seller repurchase, by payment of the Repurchase Price together with any other unpaid fees then owing to Allied, any Account that has been purchased by Allied: (i) for which Seller has breached its warranty or representation concerning such Account as set forth herein; or (ii) which was purchased by Allied With with Recourse; or (iii) if Seller defaults in the payment or performance of its liabilities and obligations to Allied. If any Account purchased by Allied is one that Seller is or becomes obligated to pay or repurchase under this Agreement and is not paid within the Initial Payment Period, Allied, at Allied's ’s sole discretion, may elect to: (i) retain ownership of the Account until the earlier of either the date the Account is paid by the Account Debtor or 90 days after the invoice date of the Account, or (ii) at any time require Seller to repurchase the Account at the Repurchase Price. The purchase price for any Account, which Seller is required to repurchase from Allied under this Agreement is the Face Amount of the Account (the "“Repurchase Price"”). If Seller ever becomes obligated to repurchase an Account from Allied, it shall not become the owner of such Account until it has paid the Repurchase Price to Allied.

Seller’s Repurchase Obligation. In addition to all other rights of -------------------------------- Allied hereunder, Allied may require that Seller repurchase, by payment of the Repurchase Price together with any other unpaid fees then owing to Allied, any Account that has been purchased by Allied: (i) for which Seller has breached its warranty or representation concerning such Account as set forth herein; or (ii) which was purchased by Allied With Recourse. If any Account purchased by Allied is one that Seller is or becomes obligated to pay or repurchase under this Agreement and is not paid within the Initial Payment Period, Allied, at Allied's sole discretion, may elect to: (i) retain ownership of the Account until the earlier of either the date the Account is paid by the Account Debtor or 90 days after the invoice date of the Account, or (ii) at any time require Seller to repurchase the Account at the Repurchase Price. The purchase price for any Account, which Seller is required to repurchase from Allied under this Agreement is the Face Amount of the Account (the "Repurchase Price"). If Seller ever becomes obligated to repurchase an Account from Allied, it shall not become the owner of such Account until it has paid the Repurchase Price to Allied.

Seller’s Repurchase Obligation. In addition to all other rights of Allied Purchaser hereunder, Allied Purchaser may require that Seller repurchase, by payment of the Repurchase Price together with any other unpaid fees then owing to AlliedPurchaser, any Account that has been purchased by AlliedPurchaser: (i) for which Seller has breached its warranty or representation concerning such Account as set forth herein; or (ii) which was purchased by Allied With with Recourse; or (iii) if Seller defaults in the payment or performance of any of its liabilities and obligations to Purchaser. If any Account purchased by Allied Purchaser is one that Seller is or becomes obligated to pay or repurchase under this Agreement and is not paid within the Initial Payment Period, AlliedPurchaser, at Allied's Purchaser’s sole discretion, may elect to: (i) retain ownership of the Account until the earlier of either the date the Account is paid by the Account Debtor or 90 days after the invoice date of the Account, or (ii) at any time require Seller to repurchase the Account at the Repurchase Price. The purchase price for any Account, which Seller is required to repurchase from Allied Purchaser under this Agreement is the Face Amount of the Account (the "“Repurchase Price"”). If Seller ever becomes obligated to repurchase an Account from AlliedPurchaser, it shall not become the owner of such Account until it has paid the Repurchase Price to AlliedPurchaser.

Seller’s Repurchase Obligation. In addition to all other rights of Allied hereunder, Allied may require that Seller repurchase, by payment of the Repurchase Price together with any other unpaid fees then owing to Allied, any Account that has been purchased by Allied: (i) for which Seller has breached its warranty or representation concerning such Account as set forth herein; or (ii) which was purchased by Allied With Recourse. If any Account purchased by Allied is one that Seller is or becomes obligated to pay or repurchase under this Agreement and is not paid within the Initial Payment Period, Allied, at Allied's ’s sole discretion, may elect to: (i) retain ownership of the Account until the earlier of either the date the Account is paid by the Account Debtor or 90 days after the invoice date of the AccountAccount unless Factor agrees in writing to other terms, or (ii) at any time require Seller to repurchase the Account at the Repurchase Price. The purchase price for any Account, which Seller is required to repurchase from Allied under this Agreement is the Face Amount of the Account (the "“Repurchase Price"”). If Seller ever becomes obligated to repurchase an Account from Allied, it shall not become the owner of such Account until it has paid the Repurchase Price to Allied.

Seller’s Repurchase Obligation. In addition to all other rights of Allied hereunder, Allied may require that Seller repurchase, by payment of the Repurchase Price together with any other unpaid fees then owing to Allied, any Account that has been purchased by Allied: (i) for which Seller has breached its warranty or representation concerning such Account as set forth herein; or (ii) which was purchased by Allied With with Recourse; or (iii) if Seller defaults in the payment or performance of its liabilities and obligations to Allied. If any Account purchased by Allied is one that Seller is or becomes obligated to pay or repurchase under this Agreement and is not paid within the Initial Payment Period, Allied, at Allied's ’s sole discretion, may elect to: (i) retain ownership of the Account until the earlier of either the date the Account is paid by the Account Debtor or 90 days after the invoice date of the Account, or (ii) at any time require Seller to repurchase the Account at the Repurchase Price. The purchase price for any Account, Account which Seller is required to repurchase from Allied under this Agreement is the Face Amount of the Account (the "“Repurchase Price"”). If Seller ever becomes obligated to repurchase an Account from Allied, it shall not become the owner of such Account until it has paid the Repurchase Price to Allied.