Status of Conduit Purchasers. So long as any Conduit Purchaser holds any Investment, such Conduit Purchaser shall be a multi-seller asset-backed commercial paper conduit.
Appears in 6 contracts
Samples: Receivables Purchase Agreement (ADT Inc.), Receivables Purchase Agreement (SPRINT Corp), Receivables Purchase Agreement (SPRINT Corp)
Status of Conduit Purchasers. So long as any Conduit Purchaser holds any InvestmentCapital, such Conduit Purchaser shall be a multi-seller asset-backed commercial paper conduitconduit and shall ensure that its interests hereunder (including its Capital and its interests in the Sold Assets) will constitute less than 50% of such Conduit Purchaser’s total assets.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Ashland Inc.), Receivables Purchase Agreement (Ashland Global Holdings Inc)
