Receivables Agent definition
Examples of Receivables Agent in a sentence
Nothing contained in this Section shall affect the rights of the Receivables Seller, Receivables Agent, Receivables Purchasers or Purchaser Agents with respect to Receivables transferred prior to delivery of such notice.
In determining which Accounts are Eligible Receivables, Agent may rely on all statements and representations made by Borrower with respect to any Account.
The foregoing shall not, however, impair any claim or any right or remedy which the Receivables Seller, the Receivables Agent, the Purchaser Agents or the Receivables Purchasers may have against WESCO or any other Originator under the Receivables Documents or otherwise.
None of the Lenders, the Receivables Agent or the Receivables Purchasers makes any warranty or representation to the other nor does it rely upon any representation of the other with respect to matters identified or referred to in this Section 2.10.
Notwithstanding anything to the contrary contained herein, so long as no Event of Default exists, the parties hereto agree that in no event shall the Borrower be obligated to pay the fees and expenses of more than one legal counsel in respect of the Lenders, Agents, the Receivables Buyers and the Receivables Agent (taken as a whole), which counsel shall be counsel for the Administrative Agent.