Payment to the Sellers. With respect to any Receivable sold by the Sellers to the Transferor, the Transferor shall, and shall cause the Sellers to, effect such sale under, and pursuant to the terms of, the Receivables Purchase Agreement, including, without limitation, the payment by the Transferor either in cash or by increase in the amount of the Subordinated Note of an amount equal to the purchase price for such Receivable as required by the terms of the Receivables Purchase Agreement.
Appears in 7 contracts
Samples: Receivables Transfer Agreement (Trimas Corp), Receivables Transfer Agreement (Tyson Foods Inc), Receivables Transfer Agreement (Trimas Corp)
Payment to the Sellers. With respect to any Receivable sold by the Sellers to the Transferor, the Transferor shall, and shall cause the Sellers to, effect such sale under, and pursuant to the terms of, the Receivables Purchase Agreement, including, without limitation, the payment by the Transferor either in cash or by increase in the amount of the Subordinated Seller Note of an amount equal to the purchase price for such Receivable as required by the terms of the Receivables Purchase Agreement.
Appears in 1 contract
Samples: Receivables Transfer Agreement (Collins & Aikman Corp)
Payment to the Sellers. With respect to any Receivable sold by the Sellers to the Transferor, the Transferor shall, and shall cause the Sellers to, effect such sale under, and pursuant to the terms of, the Receivables Purchase Agreement, including, without limitation, the payment by the Transferor either in cash or by increase in the amount of the Subordinated Note Seller Notes of an amount equal to the purchase price for such Receivable as required by the terms of the Receivables Purchase Agreement.
Appears in 1 contract
Samples: Receivables Transfer Agreement (Collins & Aikman Corp)
