Common use of Unsold Receivables Clause in Contracts

Unsold Receivables. (a) The Receivables Seller and the Receivables Agent (for itself and on behalf of each Receivables Purchaser) hereby acknowledge that the Lenders Agent on behalf of the Lenders and itself shall be entitled to the Collections of Unsold Receivables.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Wesco International Inc), Employment Agreement (Wesco International Inc), Intercreditor Agreement (Wesco International Inc)

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Unsold Receivables. (a) The Receivables Seller Transferor and the Receivables Collateral Agent (for itself and on behalf of each Receivables Purchaser) hereby acknowledge that the Lenders Lender Agent on behalf of the Lenders and itself shall be entitled to the Collections of Unsold Receivables.

Appears in 3 contracts

Samples: Intercreditor Agreement (United States Steel Corp), Intercreditor Agreement (United States Steel Corp), Intercreditor Agreement (United States Steel Corp)

Unsold Receivables. (a) The Receivables Seller and the Receivables Agent (for itself and on behalf of each Receivables Purchaser) hereby acknowledge that the Lenders Controlling Agent on behalf of the Controlling Lenders and itself shall be entitled to the Collections of Unsold Receivables.

Appears in 2 contracts

Samples: Intercreditor Agreement (Wesco International Inc), Receivables Purchase Agreement (Wesco International Inc)

Unsold Receivables. (a) The Receivables Seller Transferor and the Receivables Purchaser Agent (for itself and on behalf of each Receivables Purchaser) hereby acknowledge that the Lenders Lender Collateral Agent on behalf of the Lenders and itself shall be entitled to the Collections of Unsold Receivables.

Appears in 1 contract

Samples: Intercreditor Agreement (Ak Steel Holding Corp)

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Unsold Receivables. (a) The Receivables Seller Transferor and the Receivables Agent Administrator (for itself and on behalf of each Receivables Purchaser) hereby acknowledge that the Lenders Lender Agent on behalf of the Lenders and itself shall be entitled to the Collections of Unsold Receivables.

Appears in 1 contract

Samples: Intercreditor Agreement (Cooper Tire & Rubber Co)

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