Common use of Facility Clause in Contracts

Facility. On the terms and conditions hereinafter set forth and without recourse to the Seller (except to the extent specifically provided herein), the Seller shall sell to the Purchaser all Receivables acquired by it from time to time and the Purchaser will purchase from the Seller all such Receivables of the Seller from time to time, in each case during the period from the date hereof to the Facility Termination Date.

Appears in 5 contracts

Samples: Secondary Purchase Agreement (Ingersoll Rand Co LTD), Secondary Purchase Agreement (Ingersoll Rand Co LTD), Tertiary Purchase Agreement

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Facility. On the terms and conditions hereinafter set forth and without recourse to the Seller (except to the extent specifically provided herein), the Seller shall will at its option either sell or contribute to the Purchaser all Receivables acquired originated by it from time to time and the Purchaser will (as determined by the Purchaser) purchase or accept as a contribution from the Seller all such Receivables of the Seller from time to time, in each case during the period from the date hereof to the Facility Termination Date.

Appears in 3 contracts

Samples: Initial Purchase and Contribution Agreement (Ingersoll Rand Co LTD), Initial Purchase and Contribution Agreement (Ingersoll Rand Co LTD), Initial Purchase and Contribution Agreement (Ingersoll Rand Co LTD)

Facility. On the terms and conditions hereinafter set forth and without recourse to the Seller (except to the extent specifically provided herein)forth, the Seller shall may offer to sell to the Purchaser all certain Receivables acquired relating to Obligors originated by it from time to time time, and the Purchaser will shall purchase from the Seller all such the Eligible Receivables offered for sale by the Seller, subject to the terms of the Seller from time to time, this Agreement and in each case during the period from the date hereof Closing Date to the Facility Termination Date.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Alliance One International, Inc.), Receivables Purchase Agreement (Alliance One International, Inc.)

Facility. On the terms and conditions hereinafter set forth and without recourse to the Seller (except to the extent specifically provided herein), the Seller shall will at its option either sell or contribute to the Purchaser all Receivables originated or acquired by it from time to time and the Purchaser will (as determined by the Purchaser) purchase or accept as a contribution from the Seller all such Receivables of the Seller from time to time, in each case during the period from the date hereof to the Facility Termination Date.

Appears in 2 contracts

Samples: Secondary Purchase and Contribution Agreement (Ingersoll Rand Co LTD), Secondary Purchase and Contribution Agreement (Ingersoll Rand Co LTD)

Facility. On the terms and conditions hereinafter set forth and without recourse to the any Seller (except to the extent specifically provided herein), the each Seller shall sell to the Purchaser all Receivables acquired originated by it from time to time and the Purchaser will shall purchase from the Seller all such Receivables of the such Seller from time to time, in each case during the period from the date hereof to the Facility Termination Date.

Appears in 2 contracts

Samples: Purchase Agreement (Ferro Corp), Purchase Agreement (Ferro Corp)

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Facility. On the terms and conditions hereinafter set forth and without recourse to the any Seller (except to the extent specifically provided herein), the each Seller shall will at its option either sell or contribute to the Purchaser all Receivables acquired originated by it from time to time and the Purchaser will (as determined by the Purchaser) purchase or accept as a contribution from the such Seller all such Receivables of the such Seller from time to time, in each case during the period from the date hereof to the Facility Termination Date.

Appears in 1 contract

Samples: Initial Purchase and Contribution Agreement (Ingersoll Rand Co LTD)

Facility. On the terms and conditions hereinafter set forth and without recourse to the Seller (except to the extent as is specifically provided herein), the Seller shall agrees to sell to the Purchaser all Receivables acquired by it from time to time and the Purchaser will agrees to purchase from the Seller all such Receivables of the Seller from time to time, in each case time during the period from the date hereof to the Facility Termination Date.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (United Rentals North America Inc)

Facility. On the terms and conditions hereinafter set forth and without recourse to the Seller (except to the extent specifically provided herein), the Seller shall may at its option sell and/or contribute to the Purchaser all Receivables acquired owned by it from time to time it, and the Purchaser will may at its option purchase or accept as a contribution from the Seller all such Receivables of the Seller from time to time, in each case during the period from the date hereof to the Facility Termination Date.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Electronic Data Systems Corp /De/)

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