Common use of Timing of Purchases Clause in Contracts

Timing of Purchases. (a) Closing Date Purchases. The Originator's entire right, title and interest in (i) each Receivable that existed and was owing to the Originator as of the opening of the Originator's business on the Closing Date, (other than Contributed Receivables) and (ii) all Related Rights with respect thereto shall be sold to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Minnesota Power & Light Co)

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Timing of Purchases. (a) Initial Closing Date Purchases. The Each Originator's entire right, title and interest in (i) each Receivable that existed and was owing to the such Originator as of the opening close of the such Originator's business on the Initial Closing Date, (other than than, with respect to Union in its capacity as an Originator, Contributed Receivables) ), and (ii) all Related Rights with respect thereto shall be have been sold to the Company on the Initial Closing Date.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Fruit of the Loom Inc /De/)

Timing of Purchases. (a) Closing Date Purchases. The Originator's entire right, title ---------------------- and interest in (i) each Receivable that existed and was owing to the Originator as of at the opening of Sale Cut-off Date, (ii) all Receivables created by the Originator's business on Originator from and including the Sale Cut-off Date, to and including the Closing Date, (other than Contributed Receivables) and (iiiii) all Sale Related Rights with respect thereto automatically shall be deemed to have been sold to the Company on the Closing Date.

Appears in 1 contract

Samples: Sale Agreement (KPMG Consulting Inc)

Timing of Purchases. (a) Closing Date Purchases. The Each Originator's entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at the Originator as of the opening of the Originator's business on the Closing Date, Cut-off Date (other than Contributed Receivables) and ), (ii) all Receivables created by such Originator from and including the Cut-off Date, to and including the Closing Date (other than Contributed Receivables), and (iii) all Related Rights with respect thereto Rights, automatically shall be deemed to have been sold to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Consol Energy Inc)

Timing of Purchases. (a) Initial Closing Date Purchases. The Each Originator's entire right, title and interest in (i) each Receivable that existed and was owing to the such Originator as of at the opening of Cut-off Date, (ii) all Receivables created by such Originator from and including the Originator's business on Cut-off Date, to and including the Closing Date, (other than Contributed Receivables) and (iiiii) all Related Rights with respect thereto automatically shall be deemed to have been sold to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (First Brands Corp)

Timing of Purchases. (a) Closing Date Purchases. The Each Originator's entire right, title and interest in (i) each Receivable that existed and was owing to the Originator as of the opening close of the such Originator's business on the Closing Date, (other than Contributed Receivables) and ), (ii) all Related Rights with respect thereto shall be deemed to have been sold to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Imperial Sugar Co /New/)

Timing of Purchases. (a) Closing Date Purchases. The Originator's entire right, title and interest in (i) each Receivable Originator Account that existed and was owing to the Originator as of the opening close of the Originator's business on Business Day before the Closing Date, (other than Contributed Receivables) Date and (ii) all Related Rights with respect thereto automatically shall be deemed to have been sold to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Werner Holding Co Inc /Pa/)

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Timing of Purchases. (a) Closing Date Purchases. The Originator's entire right, title and interest in in, to and under (i) each Receivable that existed and was owing to the Originator as of at the opening of the Originator's business on the Closing Date, Cut-off Date (other than Contributed Receivables), (ii) all Receivables created by the Originator from and including the Cut-off Date, to and including the Closing Date (other than Contributed Receivables), and (iiiii) all Related Rights with respect thereto automatically shall be deemed to have been sold by the Originator to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ugi Corp /Pa/)

Timing of Purchases. (a) Closing Date Purchases. The Each Originator's entire right, title and ---------------------- interest in (A) (i) each Receivable that existed and was owing to the Originator as of the opening close of the such Originator's business on the Closing Date, Date (other than the Contributed Receivables) ), and (ii) all Receivables hereafter existing or coming into existence, and (B) all Related Rights with respect thereto shall be deemed to have been sold to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (United States Steel Corp)

Timing of Purchases. (a) Closing Date Purchases. The Each Originator's ’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at the Originator as of the opening of the Originator's business on the Closing Date, Cut-off Date (other than Contributed Receivables) and ), (ii) all Related Rights with respect thereto shall be sold Receivables created by such Originator after the Cut-off Date, to the Company on and including the Closing Date.Date (other than Contributed Receivables), and (iii) all Related Rights

Appears in 1 contract

Samples: Omnibus Amendment to Purchase and Sale Agreement, Receivables Purchase Agreement, and Performance Guaranty (Cooper Tire & Rubber Co)

Timing of Purchases. (a) Closing Date Purchases. The Each Originator's entire right, title and interest in in, to and under (i) each Receivable that existed and was owing to such Originator at the Originator as of the opening of the Originator's business on the Closing Date, Cut-off Date (other than Contributed Receivables), (ii) all Receivables created by such Originator from and including the Cut-off Date, to and including the Closing Date (other than Contributed Receivables), and (iiiii) all Related Rights with respect thereto automatically shall be deemed to have been sold by such Originator to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (CSS Industries Inc)

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