Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Colorado Interstate Gas Co), Receivables Purchase Agreement (Anr Pipeline Co), Receivables Purchase Agreement (Southern Natural Gas Co)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the each Originator to) timely and fully (i) perform and comply in with all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Ralcorp Holdings Inc /Mo), Receivables Purchase Agreement (Ralcorp Holdings Inc /Mo), Receivables Purchase Agreement (Lennox International Inc)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the each Originator to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables Receivables, in each case to the same extent as though such Contracts had not been transferred to the Administrator, but only to the extent a failure to comply there would adversely affect not be an adverse effect upon the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Arch Chemicals Inc), Receivables Purchase Agreement (Arch Chemicals Inc), Receivables Purchase Agreement (Arch Chemicals Inc)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 3 contracts
Samples: Assignment Agreement (Hanesbrands Inc.), Receivables Purchase Agreement (Edwards Lifesciences Corp), Receivables Purchase Agreement (School Specialty Inc)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator and each Original Seller to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Energizer Holdings Inc), Receivables Purchase Agreement (Energizer Holdings Inc), Receivables Purchase Agreement (Energizer Holdings Inc)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to Receivables, except where the extent a failure to so perform or comply would adversely affect the collectibility of such Receivables (including by giving rise could not reasonably be expected to have a present right of offset by the applicable Obligor) Material Adverse Effect, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract, except where the failure to so comply could not reasonably be expected to have a Material Adverse Effect.
Appears in 3 contracts
Samples: Securitization Property Servicing Agreement (Consumers Energy Co), Securitization Property Servicing Agreement (Consumers Energy Co), Receivables Purchase Agreement (CMS Energy Corp)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Beckman Coulter Inc), Receivables Purchase Agreement (Beckman Coulter Inc), Receivables Purchase Agreement (Beckman Coulter Inc)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator to) timely and fully (i) perform and comply in with all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Metropolitan Edison Co), Receivables Purchase Agreement (Pennsylvania Electric Co), Receivables Purchase Agreement (Pennsylvania Power Co)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator Originators to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Assets, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Purchased Receivable and the related ContractContract and Invoice.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (LKQ Corp), Receivables Purchase Agreement (LKQ Corp)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the or require each Originator to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Meredith Corp), Receivables Purchase Agreement (Meredith Corp)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 1 contract
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the each Originator to, with respect to the Receivables originated by such Originator) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the applicable Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 1 contract
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator and each Original Seller to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 1 contract
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will(and will cause the each Originator to) timely and fully (i) substantially perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) substantially comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 1 contract
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator Originators to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 1 contract
Samples: Receivables Financing Agreement (Syncor International Corp /De/)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the each Originator to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to Receivables, (ii) comply in all material respects with the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Contracts, and (iiiii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Receivable at any time while such Receivable is counted, in whole or in part, as an Eligible Receivable and in the related ContractNet Pool Balance.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Adc Telecommunications Inc)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 1 contract
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause require the Originator to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 1 contract
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the each Originator to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables Receivables, in each case to the same extent as though such contracts had not been transferred to the Agent, but only to the extent a failure to comply there would adversely affect not be an adverse effect upon the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Arch Chemicals Inc)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the each Originator to) timely and fully (i) perform and comply in with all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 1 contract
Samples: Receivables Purchase Agreement (American Commercial Lines LLC)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator Originators to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 1 contract
Samples: Assignment Agreement (Pioneer Standard Electronics Inc)
Compliance with Contracts and Credit and Collection Policy. Such Seller Party will (and will cause the Originator Originators to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related ContractContract and Invoice.
Appears in 1 contract
Compliance with Contracts and Credit and Collection Policy. Such The Seller Party will (and will cause the each Originator to) timely and fully (i) perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables to the extent a failure to comply would adversely affect the collectibility of such Receivables (including by giving rise to a present right of offset by the applicable Obligor) Receivables, and (ii) comply in all material respects with the Credit and Collection Policy and its collection procedures in regard to each Eligible Receivable and the related Contract.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Thomas & Betts Corp)
