RECEIVABLES PURCHASE AGREEMENTReceivables Purchase Agreement • December 9th, 2019 • Covanta Holding Corp • Cogeneration services & small power producers • New York
such Conduit Purchaser’s Investment Percentage of the Reinvestment Collections subject to such Reinvestment (by paying to such Conduit Purchaser the amount thereof in exchange for ownership of such Reinvestment Collections), and thereupon such purchased Reinvestment Collections shall be subject to such Reinvestment, together with all other Reinvestment Collections relating to such Reinvestment, pursuant to the terms of this subsection (d) (and treated hereunder the same as all other Reinvestment Collections in all respects); provided, that the Capital of any such Committed Purchaser (that purchases and simultaneously reinvests Reinvestment Collections pursuant to this sentence) shall be increased by the amount of such purchase and the Capital of any such Conduit Purchaser (that declines to make a Reinvestment) shall be reduced by the amount received by it from the Committed Purchaser(s) with respect to such sale of Reinvestment Collections described in this sentence.
