Common use of Conditions Precedent to All Purchases Clause in Contracts

Conditions Precedent to All Purchases. Each Purchase (including the initial Purchase and the Deemed Exchange) shall be subject to the further conditions precedent that in the case of each such Purchase: (a) Servicer shall have delivered to Agent and each Purchaser on or prior to the date of such Purchase, in form and substance satisfactory to Agent and each Purchaser all Monthly Reports as and when due under Section 8.5, and upon Agent’s or any Purchaser’s request, Servicer shall have delivered to Agent and each Purchaser at least three (3) days prior to such Purchase an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) Agent and each Purchaser shall have received a duly executed Purchase Notice and such other approvals, opinions or documents as Agent or any Purchaser may reasonably request, (d) if required to be in effect pursuant to Section 7.3, the Hedging Agreements shall be in full force and effect and (e) on the date of each such Purchase, the following statements shall be true (and acceptance of the proceeds of such Purchase shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 3 contracts

Samples: Contract Purchase Agreement (Patterson Companies, Inc.), Contract Purchase Agreement (Patterson Companies, Inc.), Contract Purchase Agreement (Patterson Companies, Inc.)

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Conditions Precedent to All Purchases. Each Purchase (including the initial Incremental Purchase and the Deemed Exchange) each Reinvestment shall be subject to the further conditions precedent that in the case of each such Purchase: (a) the Servicer shall have delivered to the Administrative Agent and each Purchaser the Purchasers on or prior to the date of such Purchase, in form and substance satisfactory to Agent and each Purchaser the Administrative Agent, all Monthly Settlement Reports as and when due under Section 8.56.6 and all documentation and other information required by bank regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the PATRIOT Act, and the Beneficial Ownership Rule upon Agent’s request by the Administrative Agent or any Purchaser’s request, Servicer shall have delivered to Agent and each Purchaser at least three (3) days prior to such Purchase an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; , (c) the Administrative Agent and each Purchaser the Purchasers shall have received a duly executed Purchase Notice and such other approvals, opinions or documents as Agent or any Purchaser it may reasonably request, it being understood that no such opinions shall be requested unless there has been a change in law or circumstance and (d) if required to be in effect pursuant to Section 7.3, the Hedging Agreements shall be in full force and effect and (e) on the date of each such Purchaseapplicable Purchase Date, the following statements shall be true (and acceptance of the proceeds of such Purchase shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Pool Corp), Receivables Purchase Agreement (Pool Corp)

Conditions Precedent to All Purchases. Each Purchase (including the initial Purchase and the Deemed Exchange) shall be subject to the further conditions precedent that in the case of each such Purchase: (a) Servicer shall have delivered to Agent and each Purchaser on or prior to the date of such Purchase, in form and substance satisfactory to Agent and each Purchaser all Monthly Reports as and when due under Section 8.5, and upon Agent’s or any Purchaser’s request, Servicer shall have delivered to Agent and each Purchaser at least three (3) days prior to such Purchase an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) Agent and each Purchaser shall have received a duly executed Purchase Notice and such other approvals, opinions or documents as Agent or any Purchaser may reasonably request, (d) if required to be in effect pursuant to Section 7.3, the Hedging Agreements shall be in full force and effect and (e) on the date of each such Purchase, the following statements shall be true (and acceptance of the proceeds of such Purchase shall be deemed a representation and warranty by Seller that such statements are then true):): 17733016439 11089703 17

Appears in 1 contract

Samples: Contract Purchase Agreement (Patterson Companies, Inc.)

Conditions Precedent to All Purchases. Each Purchase (including the initial Purchase and the Deemed Exchange) purchase of a Purchaser Interest shall be subject to the further conditions precedent that i) in the RECEIVABLES PURCHASE AGREEMENT case of each such Purchasepurchase: (a1) the Servicer shall have delivered to the Agent and each Purchaser Agent on or prior to the date of such Purchasepurchase, in form and substance satisfactory to the Agent and each Purchaser Agent, all Monthly Reports as and when due under Section 8.5, 8.5 and (2) upon the Agent’s or any PurchaserPurchaser Agent’s request, the Servicer shall have delivered to the Agent and each Purchaser Agent at least three (3) days prior to such Purchase purchase an interim Monthly Report showing the amount of Eligible Receivables; (bii) the Facility Termination Date shall not have occurred; (c) the Agent and each Purchaser Agent shall have received a duly executed Purchase Notice and such other approvals, opinions or documents as the Agent or any Purchaser Agent may reasonably request, (d) if required to be in effect pursuant to Section 7.3, the Hedging Agreements shall be in full force and effect and (e) on the date of each such Incremental Purchase, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Patterson Companies, Inc.)

Conditions Precedent to All Purchases. Each Purchase (including the initial Purchase and the Deemed Exchange) shall be subject to the further conditions precedent that in the case of each such Purchase: (a) Servicer shall have delivered to Agent and each Purchaser Agent on or prior to the date of such Purchase, in form and substance satisfactory to Agent and each Purchaser Agent, all Monthly Reports as and when due under Section 8.5, and upon Agent’s or any PurchaserPurchaser Agent’s request, Servicer shall have delivered to Agent and each Purchaser Agent at least three (3) days prior to such Purchase an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) Agent and each Purchaser Agent shall have received a duly executed Purchase Notice and such other approvals, opinions or documents as Agent or any Purchaser Agent may reasonably request, (d) if required to be in effect pursuant to Section 7.3, the Hedging Agreements shall be in full force and effect and (e) on the date of each such Purchase, the following statements shall be true (and acceptance of the proceeds of such Purchase shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Patterson Companies, Inc.)

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Conditions Precedent to All Purchases. Each Purchase purchase of a Purchaser Interest (including the initial Purchase and the Deemed Exchangeother than pursuant to Section 13.1) shall be subject to the further conditions precedent that (a) in the case of each such Purchasepurchase: (ai) the Servicer shall have delivered to the Agent and each Purchaser on or prior to the date of such Purchasepurchase, in form and substance satisfactory to Agent and each Purchaser the Agent, all Monthly Reports as and when due under Section 8.5, 8.5 and (ii) upon the Agent’s or any Purchaser’s 's request, the Servicer shall have delivered to the Agent and each Purchaser at least three (3) days prior to such Purchase purchase an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) the Agent and each Purchaser shall have received a duly executed Purchase Notice and such other approvals, opinions or documents as Agent or any Purchaser it may reasonably request, (d) if required to be in effect pursuant to Section 7.3, the Hedging Agreements Agreement shall be in full force and effect and (e) on the date of each such Incremental Purchase, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Patterson Receivables Purchase Agreement (Patterson Dental Co)

Conditions Precedent to All Purchases. Each Purchase (including the initial Purchase and the Deemed Exchange) shall be subject to the further conditions precedent that in the case of each such Purchase: (a) Servicer shall have delivered to Agent and each Purchaser Agent on or prior to the date of such Purchase, in form and substance satisfactory to Agent and each Purchaser Agent, all Monthly Reports as and when due under Section 8.5, and THIRD AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT upon Agent’s or any PurchaserPurchaser Agent’s request, Servicer shall have delivered to Agent and each Purchaser Agent at least three (3) days prior to such Purchase an interim Monthly Report showing the amount of Eligible Receivables; (b) the Facility Termination Date shall not have occurred; (c) Agent and each Purchaser Agent shall have received a duly executed Purchase Notice and such other approvals, opinions or documents as Agent or any Purchaser Agent may reasonably request, (d) if required to be in effect pursuant to Section 7.3, the Hedging Agreements shall be in full force and effect and (e) on the date of each such Purchase, the following statements shall be true (and acceptance of the proceeds of such Purchase shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Samples: Receivables Purchase Agreement (Patterson Companies, Inc.)

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