Dilutions. If the full Purchase Price of any Acquired Eligible Receivable is not paid by reason of any Dilution or other dispute or defense in respect of an Acquired Eligible Receivable by the relevant Debtor (whether valid or not, unless as a result of collusion with the Purchaser or its assignee) then the applicable Seller shall be deemed to have received a collection of each such Receivable on the applicable Specified Payment Date and Seller shall pay the amount of each such deemed collection to the Collections Account no later than two Business Days after the applicable Specified Payment Date.
Appears in 2 contracts
Sources: Agreement for the Purchasing and Servicing of Receivables (Smurfit Westrock PLC), Agreement for the Purchasing and Servicing of Receivables (Smurfit Westrock PLC)