Common use of Subsequent Purchases Clause in Contracts

Subsequent Purchases. On each Business Day following the date of the initial Purchase, unless either party shall notify the other party to the contrary, the Seller shall sell to the Purchaser and the Purchaser shall purchase from the Seller all Receivables originated by the Seller which have not previously been sold or contributed to the Purchaser; provided, however, that the Seller may, at its option on any Purchase Date, contribute all or any of such Receivables to the Purchaser pursuant to Section 2.06, instead of selling such Receivables to the Purchaser pursuant to this Section 2.02(b). On the date of each such Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article III, pay the Purchase Price for such Purchase in the manner provided in Section 2.02(c).

Subsequent Purchases. On each Business Day following the date of the initial Purchase, unless either party shall notify the other party to the contrary, the Seller shall sell to the Purchaser and the Purchaser shall purchase from the Seller all Receivables originated by the Seller which have not previously been sold or contributed to the Purchaser; provided, however, that the Seller may, at its option on any Purchase Date, contribute all or any of such Receivables to the Purchaser pursuant to Section 2.06, instead of selling such Receivables to the Purchaser pursuant to this Section 2.02(b). On the date of each such Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article III, pay the Purchase Price for such Purchase in the manner provided in Section 2.02(c).

Subsequent Purchases. On each Business Day following the date of the initial Purchase, unless either party shall notify the other party to the contrary, the Seller shall sell to the Purchaser and the Purchaser shall purchase from the Seller Seller, upon satisfaction of the applicable conditions set forth in Article III, all Receivables originated by the Seller or acquired by the Seller pursuant to the Initial Purchase Agreement which have not previously been sold or contributed to the Purchaser; provided, however, that the Seller may, at its option on any Purchase Date, contribute all or any of such Receivables to the Purchaser pursuant to Section 2.06, instead of selling such Receivables to the Purchaser pursuant to this Section 2.02(b). On or within five Business Days after the date of each such Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article III, shall pay the Purchase Price for such Purchase in the manner provided in Section 2.02(c).

Subsequent Purchases. On each Business Day following the date of the initial Purchase, unless either party shall notify the other party to the contrary, the Seller shall sell to the Purchaser and the Purchaser shall purchase from the Seller Seller, upon satisfaction of the applicable conditions set forth in Article III, all Receivables originated by the Seller which have not previously been sold or contributed to the Purchaser; provided, however, that the Seller may, at its option on any Purchase Date, contribute all or any of such Receivables to the Purchaser pursuant to Section 2.06, instead of selling such Receivables to the Purchaser pursuant to this Section 2.02(b). On or within five Business Days after the date of each such Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article III, shall pay the Purchase Price for such Purchase in the manner provided in Section 2.02(c).. (c)

Subsequent Purchases. On each Business Day following the date of the initial Purchase, unless either party shall notify the other party parties to the contrary, the each Seller shall sell to the Purchaser and the Purchaser shall purchase from such Seller, upon satisfaction of the Seller applicable conditions set forth in Article III, all Receivables originated by the such Seller which have not previously been sold or contributed to the Purchaser; provided, however, that the Seller Lexmark International may, at its option on any Purchase Date, contribute all or any of such Receivables to the Purchaser pursuant to Section 2.06, instead of selling such Receivables to the Purchaser pursuant to this Section 2.02(b). On or within five Business Days after the date of each such Purchase, the Purchaser shall, upon satisfaction of the applicable conditions set forth in Article III, shall pay the Purchase Price for such Purchase in the manner provided in Section 2.02(c).