Common use of as applicable Clause in Contracts

as applicable. (b) The Seller shall perform all of its obligations under the Contracts related to the Transferred Receivables to the same extent as if the Seller had not sold Receivables hereunder and the exercise by the Purchaser of its rights hereunder shall not relieve the Seller from such obligations or its obligations with respect to the Transferred Receivables. The Purchaser shall not have any obligation or liability with respect to any Transferred Receivables or related Contracts, nor shall the Purchaser be obligated to perform any of the obligations of the Seller thereunder. (c) The Seller shall cooperate with the Collection Agent in collecting amounts due from Obligors in respect of the Transferred Receivables. (d) The Seller hereby grants to the Collection Agent an irrevocable power of attorney, with full power of substitution, coupled with an interest, to take in the name of the Seller all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by the Seller or transmitted or received by Purchaser (whether or not from the Seller) in connection with any Transferred Receivable.

Appears in 1 contract

Sources: Purchase Agreement (Response Usa Inc)

as applicable. (b) The Each Seller shall perform all of its obligations under the Contracts related to the Transferred Receivables to the same extent as if the such Seller had not sold or contributed Receivables hereunder and the exercise by the Purchaser of its rights hereunder shall not relieve the such Seller from such obligations or its obligations with respect to the Transferred Receivables. The Purchaser shall not have any obligation or liability with respect to any Transferred Receivables or related Contracts, nor shall the Purchaser be obligated to perform any of the obligations of the such Seller thereunder. (c) The Each Seller shall cooperate with the Collection Agent in collecting amounts due from Obligors in respect of the Transferred Receivables. (d) The Each Seller hereby grants to the Collection Agent an irrevocable power of attorney, with full power of substitution, coupled with an interest, to take in the name of the such Seller all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by the such Seller or transmitted or received by Purchaser (whether or not from the such Seller) in connection with any Transferred Receivable.

Appears in 1 contract

Sources: Purchase and Contribution Agreement (Ferro Corp)

as applicable. (b) The Each Seller shall perform all of its obligations under the Contracts related to the Transferred Receivables of such Seller to the same extent as if the Seller had not sold or contributed Receivables hereunder and the exercise by the Purchaser of its rights hereunder shall not relieve the Seller from such obligations or its obligations with respect to the Transferred Receivables. The Purchaser shall not have any obligation or liability with respect to any Transferred Receivables or related Contracts, nor shall the Purchaser be obligated to perform any of the obligations of the such Seller thereunder. (c) The Each Seller shall cooperate with the Collection Agent Servicer in collecting amounts due from Obligors in respect of the Transferred Receivables. (d) The Each Seller hereby grants to the Collection Agent Servicer an irrevocable power of attorney, with full power of substitution, coupled with an interest, to take in the name of the such Seller all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by the such Seller or transmitted or received by Purchaser (whether or not from the such Seller) in connection with any Transferred Receivable.

Appears in 1 contract

Sources: Purchase and Contribution Agreement (Mail Well Inc)

as applicable. (b) The Seller shall perform all of its obligations under the Contracts related to the Transferred Purchased Receivables and Participated Receivables to the same extent as if the Seller had not sold Receivables or Participation Interests hereunder and the exercise by the Purchaser of its rights hereunder shall not relieve the Seller from such obligations or its obligations with respect to the Transferred Purchased Receivables and Participated Receivables. The Purchaser shall not have any obligation or liability with respect to any Transferred Purchased Receivables and Participated Receivables or related Contracts, nor shall the Purchaser be obligated to perform any of the obligations of the Seller thereunder. (c) The Seller shall cooperate with the Collection Agent in collecting amounts due from Obligors in respect of the Transferred Purchased Receivables and Participated Receivables. (d) The Seller hereby grants to the Collection Agent an irrevocable power of attorney, with full power of substitution, coupled with an interest, to take in the name of the Seller all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by the Seller or transmitted or received by Purchaser (whether or not from the Seller) in connection with any Transferred ReceivablePurchased Asset.

Appears in 1 contract

Sources: Tertiary Purchase Agreement (Rite Aid Corp)

as applicable. (b) The Seller shall perform all of its obligations under the Contracts related to the Transferred Receivables to the same extent as if the Seller had not sold or contributed Receivables hereunder and the exercise by the Purchaser of its rights hereunder shall not relieve the Seller from such obligations or its obligations with respect to the Transferred Receivables. The Purchaser shall not have any obligation or liability with respect to any Transferred Receivables or related Contracts, nor shall the Purchaser be obligated to perform any of the obligations of the Seller thereunder. (c) The Seller shall cooperate with the Collection Agent in collecting amounts due from Obligors in respect of the Transferred Receivables. (d) The Seller hereby grants to the Collection Agent an irrevocable power of attorney, with full power of substitution, coupled with an interest, to take in the name of the Seller all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by the Seller or transmitted or received by Purchaser (whether or not from the Seller) in connection with any Transferred Receivable.

Appears in 1 contract

Sources: Purchase and Contribution Agreement (North Atlantic Energy Corp /Nh)

as applicable. (b) The Each Seller shall perform all of its obligations under the Contracts related to the Transferred Receivables to the same extent as if the such Seller had not sold or contributed Receivables hereunder and the exercise by the Purchaser of its rights hereunder shall not relieve the any Seller from such obligations or its obligations with respect to the Transferred Receivables. The Purchaser shall not have any obligation or liability with respect to any Transferred Receivables or related Contracts, nor shall the Purchaser be obligated to perform any of the obligations of the any Seller thereunder. (c) The Each Seller shall cooperate with the Collection Agent in collecting amounts due from Obligors in respect of the Transferred Receivables. (d) The Each Seller hereby grants to the Collection Agent an irrevocable power of attorney, with full power of substitution, coupled with an interest, to take in the name of the such Seller all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by the such Seller or transmitted or received by the Purchaser (whether or not from the such Seller) in connection with any Transferred Receivable.

Appears in 1 contract

Sources: Purchase and Contribution Agreement (Security Associates International Inc)