Common use of Subsequent Sales and Contributions Clause in Contracts

Subsequent Sales and Contributions. After the Closing Date, until the Sale and Contribution Termination Date, each Receivable and the Related Rights generated by each Originator shall be, and shall be deemed to have been, sold or (in the case of Mativ, contributed) by such Originator to the Buyer immediately (and without further action) upon the creation of such Receivable.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Mativ Holdings, Inc.)

AutoNDA by SimpleDocs

Subsequent Sales and Contributions. After the Closing Date, until the Sale and Contribution Termination Date, each Receivable and the Related Rights generated by each Originator shall be, and shall be deemed to have been, sold or (in the case of Mativ, contributedNPL) contributed by such Originator to the Buyer immediately (and without further action) upon the creation of such Receivable.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Centuri Holdings, Inc.)

Subsequent Sales and Contributions. After the Closing Date, until the Sale and Contribution Termination Date, (i) each Receivable and the Related Rights generated by each Originator shall be, and shall be deemed to have been, sold or (in the case of Mativ, contributedLabcorp) contributed by such Originator to the Buyer immediately (and without further action) upon the creation of such Receivable.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Labcorp Holdings Inc.)

Subsequent Sales and Contributions. After the Closing Date, until the Sale and Contribution Termination Date, (i) each Receivable and the Related Rights generated by each Originator shall be, and shall be deemed to have been, sold or (in the case of Mativ, contributedVestis Services) contributed by such Originator to the Buyer immediately (and without further action) upon the creation of such Receivable.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Vestis Corp)

Subsequent Sales and Contributions. After the Closing Date, until the Sale and Contribution Termination Date, each Receivable and the Related Rights generated by each Originator shall be, and shall be deemed to have been, sold or (in the case of MativMativNeenah, contributed) by such Originator to the Buyer immediately (and without further action) upon the creation of such Receivable.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Mativ Holdings, Inc.)

AutoNDA by SimpleDocs

Subsequent Sales and Contributions. After the Closing Date, until the Sale and Contribution Termination Date, (i) each Receivable and the Related Rights generated by each Originator shall be, and shall be deemed to have been, sold or (in the case of Mativ, contributedSabre) contributed by such Originator to the Buyer immediately (and without further action) upon the creation of such Receivable.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Sabre Corp)

Subsequent Sales and Contributions. After the Closing Date, until the Sale and Contribution Termination Date, each Receivable and the Related Rights generated by each Originator shall be, and shall be deemed to have been, sold or (in the case of MativKHLP, contributed) by such Originator to the Buyer immediately (and without further action) upon the creation of such Receivable.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Kinetik Holdings Inc.)

Subsequent Sales and Contributions. After the Closing Date, until the Sale and Contribution Termination Date, (i) each Receivable and the Related Rights generated by each Originator shall be, and shall be deemed to have been, sold or (in the case of Mativ, contributedFortrea) contributed by such Originator to the Buyer immediately (and without further action) upon the creation of such Receivable.

Appears in 1 contract

Samples: Sale and Contribution Agreement (Fortrea Holdings Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!