Additional Originators definition

Additional Originators means any originator, except an Initial Originator, to which an Account Debtor initially owes any Receivable that will be sold by any Seller to the Purchaser under a Receivables Purchase Agreement.
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Examples of Additional Originators in a sentence

  • The Additional Originators hereby agree that each shall be bound by all of the terms, conditions and provisions of, and shall be deemed to be party to (as if each were an original signatory to), the Purchase and Sale Agreement and each of the other relevant Transaction Documents.

  • This Agreement is executed by the Additional Originators for the benefit of the Buyer, and its assigns, and each of the foregoing parties may rely hereon.

  • The parties hereto hereby agree that the Cut-Off Date with respect to the Additional Originators shall be January 31, 2016.

  • The Originators that are not Additional Originators, and the Buyer join in this Agreement for purposes of consenting to the addition of the Additional Originators and amending the Purchase and Sale Agreement as contemplated by Section 4.

  • From and after the later of the date hereof and the date that each Additional Originator has complied with all of the requirements of Section 4.3 of the Purchase and Sale Agreement, the Additional Originators shall be Originators for all purposes of the Purchase and Sale Agreement and all other Transaction Documents.

  • Administrative Agent joins in this Agreement to evidence its consent to the addition of the Additional Originators and the amendments contemplated in Section 4.

  • This Agreement shall be binding upon, and shall inure to the benefit of, the Additional Originators and their successors and permitted assigns.

  • The Performance Guarantor agrees that, after the occurrence of any default in the payment or performance of any of the Obligations, the Performance Guarantor will not demand, ▇▇▇ for or otherwise attempt to collect any such indebtedness of the Additional Originators to the Performance Guarantor until all of the Obligations shall have been paid and performed in full.

  • The Performance Guarantor warrants that it has adequate means to obtain from the Additional Originators, on a continuing basis, information concerning the financial condition of the Additional Originators, and that it is not relying on the Agent or Beneficiaries to provide such information, now or in the future.

  • Additional Originator's Representations and Warranties.......................