Common use of Status of Scheduled Receivables Clause in Contracts

Status of Scheduled Receivables. In the event that any third party and a Seller enter into negotiations or discussions concerning the provision of financing (whether in the form of a loan, purchase or otherwise) with respect to any Receivables, such Seller shall inform such third party that the Seller has sold the Scheduled Receivables to the Purchasers.

Appears in 3 contracts

Samples: Revolving Trade Receivables Purchase Agreement (Celestica Inc), Collection Agency and Account Agreement (Celestica Inc), Collection Agency and Account Agreement (Celestica Inc)

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Status of Scheduled Receivables. In the event that any third party and a the Seller enter into negotiations or discussions concerning the provision of financing (whether in the form of a loan, purchase or otherwise) with respect to any ReceivablesScheduled Receivable, such the Seller shall inform such third party that the Seller has sold the an undivided percentage ownership interest in such Scheduled Receivables to the PurchasersPurchaser.

Appears in 2 contracts

Samples: Trade Receivables Purchase Agreement (Aegean Marine Petroleum Network Inc.), Receivables Purchase Agreement (Aegean Marine Petroleum Network Inc.)

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