Common use of No Repurchase Clause in Contracts

No Repurchase. Except to the extent expressly set forth herein, Manufacturer shall not have any right or obligation under this Agreement, by implication or otherwise, to repurchase from SalesCo any Purchased Receivable or to rescind or otherwise retroactively affect any purchase of any Purchased Receivable after the date such Purchased Receivable is transferred pursuant to Section 5.1(a).

Appears in 2 contracts

Sources: Sales and Receivables Sale Agreement (Siliconix Inc), Sales and Receivables Sale Agreement (Siliconix Inc)