Common use of XXXXX CASH Clause in Contracts

XXXXX CASH. In addition to the Guaranteed Amount, Agent shall purchase all cash in the Stores on and as of the start of business on the Sale Commencement Date and shall reimburse Merchant on a dollar for dollar basis therefor. Agent also shall purchase, on a dollar for dollar basis, all cash located in Merchant’s bank accounts which are used by Agent hereunder, which shall be determined, and paid for, as of the Sale Commencement Date.

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement (Linens Holding Co.), Agency Agreement (Linens 'N Things Center, Inc.)

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XXXXX CASH. In addition to the Guaranteed Amount, Agent shall purchase all cash in the Stores on and as of the start of business on the Sale Commencement Date and shall reimburse Merchant on a dollar for dollar basis therefor. Agent also shall purchase, on a dollar for dollar basis, all cash located in Merchant’s bank accounts which are used by Agent hereunder, which shall be determined, and paid for, as of the Sale Commencement Date.

Appears in 3 contracts

Samples: Agency Agreement (Borders Group Inc), Agency Agreement (Circuit City Stores Inc), Agency Agreement

XXXXX CASH. In addition to the Guaranteed Amount, Agent shall purchase all cash in the Stores reimburse Merchant on and as of the start of business on the Sale Commencement Date and shall reimburse Merchant on a dollar for dollar basis therefor. Agent also shall purchase, on a dollar for dollar basis, all cash located in Merchant’s bank accounts which are used by Agent hereunder, which shall be determined, and paid for, as of the Sale Commencement DateStores.

Appears in 2 contracts

Samples: Agency Agreement (Office Depot Inc), Agency Agreement (Jacobson Stores Inc)

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XXXXX CASH. In addition to the Guaranteed Amount, Agent shall purchase all cash in the Closing Stores on and as of the start of business on the Sale Commencement Date and shall reimburse Merchant on a dollar for dollar basis therefor. Agent also shall purchase, on a dollar for dollar basis, all cash located in Merchant’s bank accounts which are used by Agent hereunder, which shall be determined, and paid for, as of the Sale Commencement Date.

Appears in 1 contract

Samples: Agency Agreement

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