Common use of Collection Period Clause in Contracts

Collection Period. the period from the date of the initial Purchase to the last day of the calendar month in which such date occurs; and

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc)

Collection Period. the The period from the date of the initial Purchase to the last first day of the calendar month immediately preceding the month in which such date occurs; andPayment Date occurs through and including the last day of such calendar month.

Appears in 1 contract

Sources: Credit Agreement (Seacastle Inc.)