Common use of Collection Accounts Clause in Contracts

Collection Accounts. Each Collection Account and Lock-Box is in the name of the applicable Originator identified on Schedule II-A, and such Originator owns and has good and marketable title to the applicable Collection Account and Lock-Box free and clear of any Adverse Claim (except for Permitted Adverse Claims).

Appears in 4 contracts

Samples: Receivables Purchase Agreement (DXC Technology Co), Receivables Purchase Agreement (Computer Sciences Corp), Receivables Purchase Agreement (DXC Technology Co)

AutoNDA by SimpleDocs

Collection Accounts. Each Collection Account and Lock-Box is in the name of the applicable Originator identified on Schedule II-A, and such Originator owns and has good and marketable title to the applicable Collection Account and Lock-or Lock Box free and clear of any Adverse Claim (except for Permitted Adverse Claims)Claim.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (DXC Technology Co), Receivables Purchase Agreement (DXC Technology Co), Receivables Purchase Agreement (Computer Sciences Corp)

AutoNDA by SimpleDocs

Collection Accounts. Each Collection Account and Lock-Box is in the name of the applicable Originator identified on Schedule II-Ain the Receivables Purchase Agreement, and such Originator owns and has good and marketable title to the applicable Collection Account and or Lock-Box free and clear of any Adverse Claim (except for other than Permitted Adverse Claims).

Appears in 1 contract

Samples: Execution Version Purchase and Sale Agreement (Computer Sciences Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.