Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse Claims, and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 16 contracts
Samples: Receivables Purchase Agreement (Fleetcor Technologies Inc), Receivables Purchase Agreement (Fleetcor Technologies Inc), Receivables Purchase Agreement (Fleetcor Technologies Inc)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Pool Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse Claims, Claims and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 7 contracts
Samples: Receivables Purchase Agreement (Celanese Corp), Receivables Purchase Agreement (LyondellBasell Industries N.V.), Receivables Purchase Agreement (LyondellBasell Industries N.V.)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Pool Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse Claims, and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 6 contracts
Samples: Receivables Purchase Agreement (Patriot Coal CORP), Receivables Purchase Agreement (Knight-Swift Transportation Holdings Inc.), Receivables Purchase Agreement (SWIFT TRANSPORTATION Co)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse ClaimsClaims other than any Permitted Liens, and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 5 contracts
Samples: Receivables Purchase Agreement (Owens Corning), Receivables Purchase Agreement (Owens Corning), Receivables Purchase Agreement (Owens Corning)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse ClaimsClaims (other than the Judgment Lien solely in respect of Receivables originated by Triumph Composite Systems, Inc.), and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 5 contracts
Samples: Receivables Purchase Agreement (Triumph Group Inc), Receivables Purchase Agreement (Triumph Group Inc), Receivables Purchase Agreement (Triumph Group Inc /)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCCUCC and PPSA) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the PurchasersLenders), which security interest is prior to all other Adverse ClaimsClaims other than any Adverse Claim in favor of an Obligor on a Receivable that represents amounts billed to such Obligor for service to be provided during the immediate subsequent billing period, and is enforceable as such as against creditors of and purchasers Lenders from the Sellereach Borrower.
Appears in 4 contracts
Samples: Receivables Financing Agreement (Cincinnati Bell Inc), Receivables Financing Agreement (Cincinnati Bell Inc), Receivables Financing Agreement (Cincinnati Bell Inc)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Pool Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse ClaimsClaims (other than Permitted Liens), and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Avantor, Inc.), Receivables Purchase Agreement (VWR Funding, Inc.), Receivables Purchase Agreement (Avantor, Inc.)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse ClaimsClaims other than any Adverse Claim in favor of an Obligor on a Receivable that represents amounts billed to such Obligor for service to be provided during the immediate subsequent billing period, and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Cincinnati Bell Inc), Receivables Purchase Agreement (Cincinnati Bell Inc)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse ClaimsClaims (other than Permitted Liens), and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Cloud Peak Energy Inc.), Receivables Purchase Agreement (Cloud Peak Energy Resources LLC)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the PurchasersSecured Parties), which security interest is prior to all other Adverse Claims, and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Arch Coal Inc), Receivables Purchase Agreement (Arch Coal Inc)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the PurchasersSecured Parties), which security interest is prior to all other Adverse ClaimsClaims (other than Permitted Liens), and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Cloud Peak Energy Inc.)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse Claims (other than Permitted Adverse Claims), and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 1 contract
Samples: Receivables Purchase Agreement (TransDigm Group INC)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse Claims, Claims and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 1 contract
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the PurchasersSecured Parties), which security interest is prior to all other Adverse Claims, and is enforceable as such as against creditors of and purchasers from the Seller.. Exhibit 10.7
Appears in 1 contract
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Pool Receivables included in the Receivables Pool in favor of the Administrator Administrative Agent (for the benefit of the Purchasers), which security interest is prior to all other Adverse Claims, and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Armstrong World Industries Inc)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Pool Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers)Issuer, which security interest is prior to all other Adverse Claims, and is enforceable as such as against creditors of and purchasers from the Seller.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Eagle Materials Inc)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the PurchasersLenders), which security interest is prior to all other Adverse ClaimsClaims other than any Adverse Claim in favor of an Obligor on a Receivable that represents amounts billed to such Obligor for service to be provided during the immediate subsequent billing period, and is enforceable as such as against creditors of and purchasers Lenders from the SellerBorrower.
Appears in 1 contract
Samples: Receivables Financing Agreement (Cincinnati Bell Inc)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse Claims, and is enforceable as such as against creditors of and purchasers from the Seller.. (ii)
Appears in 1 contract
Samples: Purchase and Sale Agreement (Cooper Tire & Rubber Co)
Creation. This Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Pool Receivables included in the Receivables Pool in favor of the Administrator (for the benefit of the Purchasers), which security interest is prior to all other Adverse ClaimsClaims (other than Permitted Liens), and is enforceable as such as against creditors of and purchasers from the Seller.. (ii)
Appears in 1 contract
