Common use of Effect of Payment of Purchase Price Clause in Contracts

Effect of Payment of Purchase Price. Upon the payment of the ----------------------------------- Purchase Price (whether in cash or by an increase in the principal amount outstanding under the Buyer Note) for any purchase of Receivables and Related Rights, title to such Receivables and Related Rights shall vest in the Buyer, whether or not the conditions precedent to such purchase were in fact satisfied; provided that the Buyer shall not be deemed to have waived any claim it may have -------- under this Agreement for the failure by COMPUCOM in fact to satisfy any such condition precedent.

Appears in 3 contracts

Samples: Receivables Contribution and Sale Agreement (Safeguard Scientifics Inc Et Al), Receivables Contribution and Sale Agreement (Compucom Systems Inc), Contribution and Sale Agreement (Compucom Systems Inc)

AutoNDA by SimpleDocs

Effect of Payment of Purchase Price. Upon the payment of ----------------------------------- the ----------------------------------- Purchase Price for any Purchase (whether in cash or by an increase in the principal amount outstanding under the Buyer Note) for any purchase of Receivables and Related Rightsa capital contribution), title to such Receivables and Related Rights the Purchased Assets included in the Purchase shall vest in the Buyer, whether or not the conditions precedent to such purchase the Purchase were in fact satisfied; provided provided, however, that the Buyer shall not be deemed to have waived any claim it may have -------- under this Agreement for the failure by COMPUCOM Seller in fact to satisfy any such condition precedent.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Healthcare Financial Partners Inc)

AutoNDA by SimpleDocs

Effect of Payment of Purchase Price. Upon the payment of ----------------------------------- the ----------------------------------- Purchase Price (whether in cash or by an increase in the principal amount outstanding under the a Buyer NoteNote pursuant to Section 3.1) for any purchase Receivable or upon a transfer of Receivables and Related Rightsa Receivable as a ----------- capital contribution, title to such the Receivables and Related Rights included therein shall vest in the Buyer, whether or not the conditions precedent to such purchase or contribution were in fact satisfied; provided provided, however, that the Buyer shall not be deemed to have waived any claim it may have -------- under this Agreement for the failure by COMPUCOM Seller in fact to satisfy any such condition precedent.

Appears in 1 contract

Samples: Sale Agreement (Exide Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.