Examples of Receivable Purchase Agreements in a sentence
The Borrower shall not acquire any Receivables or other property other than as expressly permitted hereunder and pursuant to the Receivable Purchase Agreements.
In the event that a new Subsidiary is formed, any Management Services Agreements and Accounts Receivable Purchase Agreements binding such Subsidiary shall be included within the terms of this affirmative covenant.
There shall be a single aggregate deferred purchase price (the “Aggregate Deferred Purchase Price”) calculated in connection with the sale of all or a portion of the Receivable pursuant to the Receivable Purchase Agreements (including the sale of the Purchased Receivable pursuant to this Agreement).
The Company has Master Accounts Receivable Purchase Agreements with MUFG Bank, New York Branch (formerly known as The Bank of Tokyo- Mitsubishi UFJ, Ltd.) (the "MUFG RPA"), HSBC Bank (China) Company Limited, Xiamen branch (the "HSBC RPA") and other unaffiliated financial institutions, under which the Company may elect to sell receivables; at a discount.
NAbsoluteMean The absolute variable shows the means of the mean of agree answers (0 – 20) per learning style.
In order to mitigate losses, certain triggers are predefined in the Receivable Purchase Agreements between the respective seller and the respective Purchaser and also in the Commercial Paper Funding Agreements between the Purchaser and the Company.
For the avoidance of doubt, in the event that the dollar amount of the Collections is less than the dollar amount of the aggregate Funded Amount under the Receivable Purchase Agreements, the Collections shall be allocated pro rata between the amounts due in respect of the Series F Receivable and the Receivable Balance.
There shall be a single aggregate deferred purchase price (the “Aggregate Deferred Purchase Price”) calculated in connection with the sale of all or a portion of the Receivable pursuant to the Receivable Purchase Agreements (including the sale of the Purchased Receivable and the Series F Receivable pursuant to this Agreement and the Series F Agreement, respectively).
In the event that a new Subsidiary is formed, any Management Services Agreements and Accounts Receivable Purchase Agreements binding such Subsidiary shall be included within the terms of this representation and warranty.
For the avoidance of doubt, in the event that the dollar amount of the Collections is less than the dollar amount of the aggregate Funded Amount under the Receivable Purchase Agreements, the Collections shall be allocated pro rata between the amounts due in respect of the Series D Receivable and the Receivable Balance.