Common use of Subsequent Purchase Price Payments Clause in Contracts

Subsequent Purchase Price Payments. On each Payment Date subsequent to the Closing Date, on the terms and subject to the conditions set forth in this Agreement, the Buyer shall pay to each Originator the Purchase Price for the Receivables and the Related Rights sold by such Originator on such Payment Date in a combination of (a) cash of the Buyer, (b) Letters of Credit and/or (c) proceeds of a borrowing under the Intercompany Loan Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Mallinckrodt PLC)

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Subsequent Purchase Price Payments. On each Payment Date subsequent to the Closing Date, on the terms and subject to the conditions set forth in this Agreement, the Buyer shall pay to each Originator the Purchase Price to such Sub-Originator for the Receivables and the Related Rights sold generated or otherwise acquired by such Sub-Originator on such Payment Date in a combination of (a) cash of the Buyer, (b) Letters of Credit and/or (c) proceeds of a borrowing under the Intercompany Loan Agreement.Date:

Appears in 1 contract

Samples: Sub Originator Purchase and Sale Agreement (Covia Holdings Corp)

Subsequent Purchase Price Payments. On each Payment Date subsequent to the Closing Date, on the terms and subject to the conditions set forth in this Agreement, the Buyer shall pay to each Originator the Purchase Price to the Originator for the Receivables and the Related Rights generated or otherwise acquired by the Originator (including each Receivable sold or purportedly sold by such the Sub-Originators to the Originator pursuant to the Sub-Originator Sale Agreement) on such Payment Date in a combination of (a) cash of the Buyer, (b) Letters of Credit and/or (c) proceeds of a borrowing under the Intercompany Loan Agreement.Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Covia Holdings Corp)

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Subsequent Purchase Price Payments. On each Payment Date subsequent to the Closing Date, on the terms and subject to the conditions set forth in this Agreement, the Buyer shall pay the Purchase Price to each Originator the Purchase Price for the Receivables and the Related Rights sold generated or otherwise acquired by such Originator on (including each Receivable sold or purportedly sold by the Sub-Originator to an Originator pursuant to the Sub-Originator Sale Agreement) during the Interest Period (or portion thereof) most recently ended prior to such Payment Date in a combination of (a) cash of the Buyer, (b) Letters of Credit and/or (c) proceeds of a borrowing under the Intercompany Loan Agreement.Date:

Appears in 1 contract

Samples: Purchase and Sale Agreement (CONSOL Energy Inc.)

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