Common use of Systems Clause in Contracts

Systems. Evidence, reasonably satisfactory to the Buyer and the Administrative Agent that such Additional Seller's systems, procedures and record keeping relating to its Receivables are in all material respects sufficient and satisfactory in order to permit the purchase and administration of such the Receivables in accordance with the terms and intent of this Agreement and the Servicing Agreement;

Appears in 2 contracts

Samples: Receivables Purchase Agreement (TRW Automotive Inc), Receivables Purchase Agreement (TRW Automotive Inc)

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Systems. Evidence, reasonably satisfactory to the Buyer and Purchaser, the Administrative Agent and each Funding Agent, that such Additional additional Seller's systems, procedures and record keeping relating to its the Receivables are remain in all material respects sufficient and satisfactory in order to permit the purchase and administration of such the Receivables in accordance with the terms and intent of this Agreement and the Servicing Agreement;

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Tyson Foods Inc), Receivables Purchase Agreement (Trimas Corp)

Systems. Evidence, reasonably satisfactory to the Buyer and Purchaser, the Administrative Agent and each Funding Agent, that such Additional additional Seller's systems, procedures and record keeping relating to its the Receivables are remain in all material respects sufficient and satisfactory in order to permit the purchase and administration of such the Receivables in accordance with the terms and intent of this Agreement and the Servicing Agreement;; and

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Collins & Aikman Corp), Receivables Transfer Agreement (Collins & Aikman Corp)

Systems. Evidence, reasonably satisfactory to the Buyer and Purchaser, the Administrative Agent and each Funding Agent, that such Additional additional Seller's systems, procedures pro- cedures and record keeping relating to its the Receivables are remain in all material respects sufficient and satisfactory in order to permit the purchase and administration of such the Receivables in accordance with the terms and intent of this Agreement and the Servicing Agreement;

Appears in 1 contract

Samples: Receivables Purchase Agreement (Mascotech Inc)

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Systems. Evidence, reasonably satisfactory to the Buyer Company, the Trustee and the Administrative Agent Agents, that such Additional additional Seller's systems, procedures and record keeping relating to its the Purchased Receivables are remain in all material respects sufficient and satisfactory in order to permit the purchase and administration of such the Purchased Receivables in accordance with the terms and intent of this Agreement and the Servicing Agreement;.

Appears in 1 contract

Samples: Receivables Sale and Contribution Agreement (Core Mark International Inc)

Systems. Evidence, reasonably satisfactory to the Buyer Purchaser and the Administrative Agent Agent, that such Additional additional Seller's ’s systems, procedures and record keeping relating to its the Receivables are remain in all material respects sufficient and satisfactory in order to permit the purchase and administration of such the Receivables in accordance with the terms and intent of this Agreement and the Servicing Agreement;

Appears in 1 contract

Samples: Receivables Purchase Agreement (Trimas Corp)

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