Common use of Inducement Clause in Contracts

Inducement. Each Purchaser, the Collateral Agent and each Administrative Agent has been induced to enter into this Agreement and each Purchaser has been induced to make Investments and Reinvestments in part based upon the assurances by each Seller that such Seller desires that the other Sellers’ Obligations be honored and enforced as separate obligations of such Seller, should the Collateral Agent or any Administrative Agent (on behalf of the Purchasers) desire to do so.

Appears in 3 contracts

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

AutoNDA by SimpleDocs

Inducement. Each Purchaser, The Purchaser and the Collateral Agent and each Administrative Agent has have been induced to enter into this Agreement and each the Purchaser has been induced to make Investments and Reinvestments reinvestments in part based upon the assurances by each Seller that such Seller desires that the other Sellers’ Other Seller’s Obligations be honored and enforced as separate obligations of such Seller, should the Collateral Agent or any Administrative Agent (on behalf of the PurchasersPurchaser Parties) desire to do so.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc)

Inducement. Each Purchaser, the Collateral Agent Agent, and each the Administrative Agent has been induced to enter into this Agreement and each Purchaser has been induced to make Investments and Reinvestments in part based upon the assurances by each Seller that such Seller desires that the other Sellers’ Obligations be honored and enforced as separate obligations of such Seller, should the Collateral Agent or any the Administrative Agent (on behalf of the Purchasers) desire to do so.

Appears in 2 contracts

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

Inducement. Each Purchaser, The Purchaser and the Collateral Agent and each Administrative Agent has have been induced to enter into this Agreement and each the Purchaser has been induced to make Investments and Reinvestments in part based upon the assurances by each Seller that such Seller desires that the other Sellers’ Other Seller’s Obligations be honored and enforced as separate obligations of such Seller, should the Collateral Agent or any Administrative Agent (on behalf of the PurchasersPurchaser Parties) desire to do so.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc)

AutoNDA by SimpleDocs

Inducement. Each Purchaser, the Collateral each Group Agent and each the Administrative Agent has have been induced to enter into this Agreement and each Purchaser has been induced to make Investments and Reinvestments in part based upon the assurances by each Seller that such Seller desires that the Seller Obligations of the other Sellers’ Obligations Seller be honored and enforced as separate obligations of such Seller, should the Collateral Agent or any Administrative Agent (on behalf of the Purchasers) desire to do so.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (OUTFRONT Media Inc.), Receivables Purchase Agreement (OUTFRONT Media Inc.)

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