Common use of UNCOMMITTED ARRANGEMENT Clause in Contracts

UNCOMMITTED ARRANGEMENT. EACH SELLER ACKNOWLEDGES THAT THIS IS AN UNCOMMITTED ARRANGEMENT, THAT NO SELLER HAS PAID, OR IS REQUIRED TO PAY, A COMMITMENT FEE OR COMPARABLE FEE TO THE PURCHASER, AND THAT THE PURCHASER HAS NO CONTINUING OBLIGATION TO PURCHASE ANY RECEIVABLE FROM ANY SELLER, REGARDLESS OF WHETHER THE CONDITIONS SET FORTH HEREIN ARE SATISFIED.

Appears in 3 contracts

Samples: Master Accounts Receivable Purchase Agreement (Zebra Technologies Corp), Master Accounts Receivable Purchase Agreement (Plexus Corp), Accounts Receivable Purchase Agreement (Plexus Corp)

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UNCOMMITTED ARRANGEMENT. EACH THE SELLER ACKNOWLEDGES THAT THIS IS AN UNCOMMITTED ARRANGEMENT, THAT NO THE SELLER HAS NOT PAID, OR IS NOT REQUIRED TO PAY, A COMMITMENT FEE OR COMPARABLE FEE TO THE PURCHASER, AND THAT THE PURCHASER HAS NO CONTINUING OBLIGATION TO PURCHASE ANY RECEIVABLE FROM ANY THE SELLER, REGARDLESS OF WHETHER THE CONDITIONS SET FORTH HEREIN ARE SATISFIED.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (EDGEWELL PERSONAL CARE Co)

UNCOMMITTED ARRANGEMENT. EACH SELLER OF THE SELLERS ACKNOWLEDGES THAT THIS IS AN UNCOMMITTED ARRANGEMENT, THAT NO SELLER HAS PAID, OR IS REQUIRED TO PAY, A COMMITMENT FEE OR COMPARABLE FEE TO THE PURCHASER, AND THAT THE PURCHASER HAS NO CONTINUING OBLIGATION TO PURCHASE ANY RECEIVABLE FROM ANY SELLER, REGARDLESS MAY TERMINATE THIS AGREEMENT IN ACCORDANCE WITH THE TERMS OF WHETHER THE CONDITIONS SET FORTH HEREIN ARE SATISFIEDSECTION 2.7.

Appears in 1 contract

Samples: Master Accounts Receivable Purchase Agreement (Computer Sciences Corp)

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UNCOMMITTED ARRANGEMENT. EACH SELLER ACKNOWLEDGES THAT THIS IS AN UNCOMMITTED ARRANGEMENT, THAT NO SELLER HAS PAID, OR IS REQUIRED TO PAY, A COMMITMENT FEE OR COMPARABLE FEE TO THE PURCHASER, AND THAT THE PURCHASER HAS NO CONTINUING OBLIGATION TO PURCHASE ANY RECEIVABLE FROM ANY SELLER, REGARDLESS OF WHETHER THE CONDITIONS SET FORTH HEREIN ARE SATISFIED.

Appears in 1 contract

Samples: Uncommitted Receivables Purchase Agreement (Cubic Corp /De/)

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