Ordinary Course of Business. Each remittance of Collections by or on behalf of the Seller to the Purchaser Parties under this Agreement will have been (i) in payment of an obligation incurred by the Seller in the ordinary course of business or financial affairs of the Seller and (ii) made in the ordinary course of business or financial affairs of the Seller.
Appears in 9 contracts
Samples: Receivables Purchase Agreement (Warner Bros. Discovery, Inc.), Receivables Purchase Agreement (Ashland Inc.), Receivables Purchase Agreement (Gray Television Inc)
Ordinary Course of Business. Each remittance of Collections by or on behalf of the Seller pursuant to the Purchaser Parties under this Agreement Transaction Documents and any related accounts of amounts owing hereunder in respect of the Purchases will have been (i) in payment of an obligation a debt incurred by the Seller in the ordinary course of business or financial affairs of the Seller and (ii) made in the ordinary course of business or financial affairs of the Seller.
Appears in 9 contracts
Samples: Receivables Purchase Agreement (Exelon Generation Co LLC), Receivables Purchase Agreement (Exelon Generation Co LLC), Receivables Purchase Agreement (Mylan Inc.)
Ordinary Course of Business. Each remittance of Collections by or on behalf of the Seller to the Purchaser Parties Purchasers under this Agreement will have been (i) in payment of an obligation a debt incurred by the Seller in the ordinary course of business or financial affairs of the Seller and (ii) made in the ordinary course of business or financial affairs of the Seller.
Appears in 7 contracts
Samples: Receivables Purchase Agreement (LyondellBasell Industries N.V.), Receivables Purchase Agreement (LyondellBasell Industries N.V.), Receivables Purchase Agreement (Celanese Corp)
Ordinary Course of Business. Each remittance of Collections by or on behalf of the Seller or pursuant to the Purchaser Parties under this Agreement Transaction Documents and any related accounts of any amounts owing hereunder in respect of the Purchases will have been (i) in payment of an obligation a debt incurred by the Seller in the ordinary course of business or financial affairs of the Seller and (ii) made in the ordinary course of business or financial affairs of the Seller.
Appears in 6 contracts
Samples: Receivables Purchase Agreement (Patriot Coal CORP), Receivables Purchase Agreement (Triumph Group Inc), Receivables Purchase Agreement (Armstrong World Industries Inc)
Ordinary Course of Business. Each remittance of Collections by or on behalf of the Seller to the Purchaser Parties under this Agreement will have been (i) in payment of an obligation a debt incurred by the Seller in the ordinary course of business or financial affairs of the Seller and (ii) made in the ordinary course of business or financial affairs of the Seller.
Appears in 6 contracts
Samples: Receivables Purchase Agreement (Kinetik Holdings Inc.), Receivables Purchase Agreement (Centric Brands Inc.), Receivables Purchase Agreement (Centric Brands Inc.)
Ordinary Course of Business. Each remittance of Collections by or on behalf of the Seller to the Purchasers (or to the Administrator or the Purchaser Parties Agents on their behalf) under this Agreement will have been (i) in payment of an obligation a debt incurred by the Seller in the ordinary course of business or financial affairs of the Seller and (ii) made in the ordinary course of business or financial affairs of the SellerSeller and the Purchasers.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Fleetcor Technologies Inc), Receivables Purchase Agreement (Fleetcor Technologies Inc), Receivables Purchase Agreement (Fleetcor Technologies Inc)
Ordinary Course of Business. Each remittance of Collections by or on behalf of the such Seller to the Purchasers (or to the Collateral Agent, any Administrative Agent or any Purchaser Parties Agent on their behalf) under this Agreement will have been (i) in payment of an obligation a debt incurred by the such Seller in the ordinary course of business or financial affairs of the such Seller and (ii) made in the ordinary course of business or financial affairs of such Seller and the SellerPurchasers.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (SPRINT Corp), Receivables Purchase Agreement (SPRINT Corp), Receivables Purchase Agreement (SPRINT Corp)
Ordinary Course of Business. Each remittance of Collections by or on behalf of the such Seller pursuant to the Purchaser Parties under this Agreement Transaction Documents and any related accounts of amounts owing hereunder in respect of the Capital will have been (i) in payment of an obligation a debt incurred by the such Seller in the ordinary course of business or financial affairs of the such Seller and (ii) made in the ordinary course of business or financial affairs of the such Seller.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (OUTFRONT Media Inc.), Receivables Purchase Agreement (OUTFRONT Media Inc.)
Ordinary Course of Business. Each remittance of Collections by or on behalf of the such Seller to the Purchasers (or to the Collateral Agent, the Administrative Agent or any Purchaser Parties Agent on their behalf) under this Agreement will have been (i) in payment of an obligation a debt incurred by the such Seller in the ordinary course of business or financial affairs of the such Seller and (ii) made in the ordinary course of business or financial affairs of such Seller and the SellerPurchasers.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (SPRINT Corp), Receivables Purchase Agreement (SPRINT Corp)
Ordinary Course of Business. Each remittance of Collections by or on behalf of the Seller to the Purchaser Parties under this Agreement will have been (i) in payment on account of an obligation incurred a sale transacted by the Seller in the ordinary course of business or financial affairs of the Seller and (ii) made in the ordinary course of business or financial affairs of the Seller.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Computer Sciences Corp), Receivables Purchase Agreement (DXC Technology Co)
Ordinary Course of Business. Each remittance of Collections on the Receivables transferred by or on behalf of the Seller to the Purchaser Parties Buyer under this Agreement or pursuant to the other Transaction Documents will have been (i) in payment of an obligation a debt incurred by the Seller in the ordinary course of business or financial affairs of Seller and the Seller Buyer and (ii) made in the ordinary course of business or financial affairs of Seller and the SellerBuyer.
Appears in 2 contracts
Samples: Second Tier Purchase and Sale Agreement (Exela Technologies, Inc.), Second Tier Receivables Purchase and Sale Agreement (Exela Technologies, Inc.)
Ordinary Course of Business. Each remittance of Collections by or on behalf of the Seller pursuant to the Purchaser Parties under this Agreement Transaction Documents and any related accounts of amounts owing hereunder in respect of the Capital will have been (i) in payment of an obligation a debt incurred by the Seller in the ordinary course of business or financial affairs of the Seller and (ii) made in the ordinary course of business or financial affairs of the Seller.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (OUTFRONT Media Inc.), Receivables Purchase Agreement (OUTFRONT Media Inc.)
Ordinary Course of Business. Each remittance of Collections by or on behalf of the Seller to the Purchaser Parties under this Agreement any Transaction Document will have been (i) in payment of an obligation incurred by the Seller in the ordinary course of business or financial affairs of the Seller and (ii) made in the ordinary course of business or financial affairs of the Seller.
Appears in 1 contract
Ordinary Course of Business. Each remittance of Collections by or on behalf of the Seller to the Purchaser Investor Parties under this Agreement will have been (i) in payment of an obligation incurred by the Seller in the ordinary course of business or financial affairs of the Seller and (ii) made in the ordinary course of business or financial affairs of the Seller.
Appears in 1 contract
Ordinary Course of Business. Each remittance of Collections by or on behalf of the Seller to the Purchasers (or to the Collateral Agent, the Administrative Agent or any Purchaser Parties Agent on their behalf) under this Agreement will have been (i) in payment of an obligation a debt incurred by the Seller in the ordinary course of business or financial affairs of the Seller Seller, and (ii) made in the ordinary course of business or financial affairs of the Seller.
Appears in 1 contract
Ordinary Course of Business. Each remittance of Collections on the Receivables transferred by or on behalf of the Seller to the Purchaser Parties Buyer under this Agreement or pursuant to the other Transaction Documents will have been (i) in payment of an obligation a debt incurred by the Seller in the ordinary course of business or financial affairs of the Seller and the Buyer and (ii) made in the ordinary course of business or financial affairs of the SellerSeller and the Buyer.
Appears in 1 contract
Samples: Second Tier Purchase and Sale Agreement (Exela Technologies, Inc.)
Ordinary Course of Business. Each remittance of Collections to the Purchaser Parties by or on behalf of the Seller pursuant to the Purchaser Parties under this Agreement Transaction Documents will have been (i) in payment of an obligation incurred by the Seller in the ordinary course of business or financial affairs of the Seller and (ii) made in the ordinary course of business or financial affairs of the Seller.
Appears in 1 contract
Ordinary Course of Business. Each remittance of Collections by or on behalf of the Seller pursuant to the Purchaser Parties under this Agreement Transaction Documents and any related accounts of amounts owing hereunder in respect of the Investments will have been (i) in payment of an obligation a debt incurred by the Seller in the ordinary course of business or financial affairs of the Seller and (ii) made in the ordinary course of business or financial affairs of the Seller.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Exela Technologies, Inc.)
