Common use of Calculation of CP Costs Clause in Contracts

Calculation of CP Costs. On the 10th Business Day immediately preceding each Settlement Date, each Conduit shall calculate the aggregate amount of CP Costs (or, as applicable, Discount at the Default Rate) owing to it for the applicable Accrual Period and shall notify the Seller of such aggregate amount.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Yellow Roadway Corp), Receivables Purchase Agreement (Yellow Roadway Corp), Receivables Purchase Agreement (Yellow Roadway Corp)

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Calculation of CP Costs. On the 10th Business Day immediately preceding each Monthly Settlement Date, each Conduit shall calculate the aggregate amount of CP Costs (or, as applicable, Discount at the Default Rate) owing to it for the applicable Accrual Period and shall notify the Seller of such aggregate amount.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Yrc Worldwide Inc)

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Calculation of CP Costs. On the 10th Business Day immediately preceding each Settlement Date, each Conduit FALCON shall calculate the aggregate amount of CP Costs (or, as applicable, Discount at the Default Rate) owing to it for the applicable Accrual Period and shall notify the Seller of such aggregate amount.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Yellow Corp)

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