Common use of Closing Date Purchases Clause in Contracts

Closing Date Purchases. Each Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator as of the opening of such Originator’s business on the Closing Date and (ii) all Related Rights with respect thereto automatically shall be, and shall be deemed to have been, sold or contributed by such Originator to the Company on the Closing Date.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Armstrong World Industries Inc), Receivables Purchase Agreement (Armstrong World Industries Inc)

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Closing Date Purchases. Each Originator’s 's entire right, title and interest in (i) each Receivable that existed and was owing to such Originator as of the opening close of such Originator’s 's business on the Closing Date and Date, (other than Contributed Receivables), (ii) all Related Rights with respect thereto automatically shall be, and shall be deemed to have been, been sold or contributed by such Originator to the Company on the Closing Date.

Appears in 2 contracts

Samples: Purchase and Contribution Agreement (Pilgrims Pride Corp), Purchase and Contribution Agreement (Warren S D Co /Pa/)

Closing Date Purchases. Each Originator’s 's entire right, title and interest in (i) each Receivable that existed and was owing to such Originator as of the opening of such Originator’s business on at the Closing Date (other than Contributed Receivables), and (ii) all Related Rights with respect thereto automatically shall be, and shall be deemed to have been, been sold or contributed by such Originator to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cincinnati Bell Inc)

Closing Date Purchases. Each Originator’s 's entire right, title and interest in (i) each Receivable that existed and was owing to such Originator as of the opening of such Originator’s business on at the Closing Date and (ii) all Related Rights with respect thereto automatically shall be, and shall be deemed to have been, been sold (with respect to Eligible Accounts) or contributed by such Originator (with respect to Ineligible Accounts) to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase, Sale and Contribution Agreement (Foster Wheeler LTD)

Closing Date Purchases. Each Originator’s 's entire right, title and interest in (i) each Pool Receivable that existed and was owing to such Originator as of the opening close of such Originator’s 's business on the Closing Date and Date, (other than Contributed Receivables), (ii) all Related Rights with respect thereto automatically shall be, and shall be deemed to have been, been sold or contributed by such Originator to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Vanstar Corp)

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Closing Date Purchases. Each Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator as of the opening of such Originator’s business on at the Closing Date (other than Contributed Receivables) and (ii) all Related Rights with respect thereto automatically shall be, and shall be deemed to have been, been sold or contributed by such Originator to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cincinnati Bell Inc)

Closing Date Purchases. Each The Originator’s 's entire right, title and interest in (i) each Receivable that existed and was owing to such the Originator as of the opening of such the Originator’s 's business on the Closing Date Date, (other than Contributed Portion) and (ii) all Related Rights with respect thereto automatically shall be, and shall be deemed to have been, sold or contributed by such Originator to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Allete)

Closing Date Purchases. Each Originator’s 's entire right, title and interest in (i) each Receivable that existed and was owing to such Originator as of the opening close of such Originator’s 's business on the Closing Date Date, (other than Contributed Receivables), and (ii) all Related Rights with respect thereto automatically shall be, and shall be deemed to have been, been sold or contributed by such Originator to the Company on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sequa Corp /De/)

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