Common use of Payments and Collections Clause in Contracts

Payments and Collections. 3 Section 2.1 Payments.......................................... 3 Section 2.2 Collections Prior to Amortization................. 3 Section 2.3 Collections Following Amortization................ 4 Section 2.4 Application of Collections........................ 4 Section 2.5 Payment Rescission................................ 5 Section 2.6 Maximum Purchaser Interests....................... 5 Section 2.7 Clean Up Call..................................... 5

Appears in 1 contract

Samples: Receivables Purchase Agreement (Meredith Corp)

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Payments and Collections. 3 Section 2.1 Payments.......................................... ............................................ 3 Section 2.2 Collections Prior to Amortization................. ................... 3 Section 2.3 Collections Following Amortization................ .................. 4 Section 2.4 Application of Collections........................ .......................... 4 Section 2.5 Payment Rescission................................ Recission................................... 5 Section 2.6 Maximum Purchaser Interests....................... ......................... 5 Section 2.7 Clean Up Call..................................... ....................................... 5

Appears in 1 contract

Samples: Receivables Purchase Agreement (Insight Enterprises Inc)

Payments and Collections. 3 Section 2.1 Payments.......................................... ....................................................3 Section 2.2 Collections Prior to Amortization................. 3 ...........................4 Section 2.3 Collections Following Amortization................ ..........................4 Section 2.4 Application of Collections........................ ..................................4 Section 2.5 Payment Rescission................................ ..........................................5 Section 2.6 Maximum Purchaser Interests....................... 5 Section 2.7 Clean Up Call..................................... .................................5

Appears in 1 contract

Samples: Receivables Purchase Agreement (Invacare Corp)

Payments and Collections. 3 5 Section 2.1 Payments.......................................... 3 .....................................................................5 Section 2.2 Collections Prior to Amortization................. 3 ............................................6 Section 2.3 Collections Following Amortization................ 4 ...........................................6 Section 2.4 Application of Collections........................ 4 ...................................................7 Section 2.5 Payment Rescission................................ 5 Recission............................................................7 Section 2.6 Maximum Purchaser Interests....................... 5 ..................................................7 Section 2.7 Clean Up Call..................................... 5................................................................8

Appears in 1 contract

Samples: Receivables Purchase Agreement (Anixter International Inc)

Payments and Collections. 3 13 Section 2.1 Payments.......................................... 3 ........................................................................................................................................ 13 Section 2.2 Collections Prior to Amortization................. 3 ..................................................................................................... 13 Section 2.3 Collections Following Amortization................ 4 ............................................................................................. 1514 Section 2.4 Application of Collections........................ 4 ................................................................................................................ 15 Section 2.5 Payment Rescission................................ 5 .................................................................................................................... 1615 Section 2.6 Maximum Purchaser Interests....................... 5 ......................................................................................................... 16 Section 2.7 Clean Up Call..................................... 5................................................................................................................................... 16 Section 2.8 Demand for Payment of Demand Loans.......................................................................................... 16

Appears in 1 contract

Samples: Receivables Purchase Agreement (Cardinal Health Inc)

Payments and Collections. 3 13 Section 2.1 Payments.......................................... 3 Payments ............................................................................................ 13 Section 2.2 Collections Prior to Amortization................. 3 Amortization ...................................................... 13 Section 2.3 Collections Following Amortization................ 4 .................................................. 15 Section 2.4 Application of Collections........................ 4 Collections ................................................................. 15 Section 2.5 Payment Rescission................................ 5 Rescission ........................................................................... 16 Section 2.6 Maximum Purchaser Interests....................... 5 ............................................................ 16 Section 2.7 Clean Up Call..................................... 5..................................................................................... 16 Section 2.8 Demand for Payment of Demand Loans............................................ 16

Appears in 1 contract

Samples: Receivables Purchase Agreement (Cardinal Health Inc)

Payments and Collections. 3 Section 2.1 Payments.......................................... ....................................................................3 Section 2.2 Collections Prior to Amortization................. 3 ...........................................4 Section 2.3 Collections Following Amortization................ 4 ..........................................5 Section 2.4 Application of Collections........................ 4 ..................................................5 Section 2.5 Payment Rescission................................ 5 ..........................................................6 Section 2.6 Maximum Purchaser Interests....................... 5 .................................................6 Section 2.7 Clean Up Call..................................... 5...............................................................6 Section 2.8 Additional Originators......................................................6

Appears in 1 contract

Samples: Assignment Agreement (Pioneer Standard Electronics Inc)

Payments and Collections. 3 Section 2.1 Payments.......................................... ; Due Dates of Payments...................................3 Section 2.2 Collections Prior to Amortization................. 3 .................................4 Section 2.3 Collections Following Amortization................ ................................4 Section 2.4 Application of Collections........................ ........................................4 Section 2.5 Payment Rescission................................ ................................................5 Section 2.6 Maximum Purchaser Interests....................... .......................................5 Section 2.7 Clean Up Call..................................... .....................................................5

Appears in 1 contract

Samples: Receivables Purchase Agreement (Wix Filtration Media Specialists, Inc.)

Payments and Collections. 3 4 Section 2.1 Payments.......................................... 3 .......................................................4 Section 2.2 Collections Prior to Amortization................. 3 ..............................5 Section 2.3 Collections Following Amortization................ 4 .............................5 Section 2.4 Application of Collections........................ 4 .....................................5 Section 2.5 Payment Rescission................................ 5 .............................................6 Section 2.6 Maximum Purchaser Receivable Interests....................... 5 ...................................6 Section 2.7 Clean Up Call..................................... 5..................................................6

Appears in 1 contract

Samples: Receivables Purchase Agreement (Owens & Minor Inc/Va/)

Payments and Collections. 3 Section 2.1 2.1. Payments.......................................... ............................................................. 3 Section 2.2 2.2. Collections Prior to Amortization................. .................................... 3 Section 2.3 2.3. Collections Following Amortization................ 4 ................................... 5 Section 2.4 2.4. Application of Collections........................ 4 ........................................... 5 Section 2.5 2.5. Payment Rescission................................ 5 ................................................... 6 Section 2.6 2.6. Maximum Purchaser Interests....................... 5 .......................................... 6 Section 2.7 2.7. Clean Up Call..................................... 5........................................................ 6

Appears in 1 contract

Samples: Receivables Purchase Agreement (Owens & Minor Inc/Va/)

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Payments and Collections. 3 Section 2.1 Payments.......................................... .....................................................................3 Section 2.2 Collections Prior to Amortization................. 3 ............................................4 Section 2.3 Collections Following Amortization................ 4 ...........................................5 Section 2.4 Application of Collections........................ 4 ...................................................5 Section 2.5 Payment Rescission................................ Recission............................................................5 Section 2.6 Maximum Purchaser Interests....................... 5 ..................................................6 Section 2.7 Clean Up Call..................................... 5................................................................6

Appears in 1 contract

Samples: Receivables Purchase Agreement (Anixter International Inc)

Payments and Collections. 3 Section 2.1 Payments.......................................... Payments .................................................. 3 Section 2.2 Collections Prior to Amortization................. .......................... 3 Section 2.3 Collections Following Amortization................ ......................... 4 Section 2.4 Application of Collections........................ ................................. 4 Section 2.5 Payment Rescission................................ Recission.......................................... 5 Section 2.6 Maximum Purchaser Interests....................... ................................ 5 Section 2.7 Clean Up Call..................................... .............................................. 5

Appears in 1 contract

Samples: Receivables Purchase Agreement (Cott Corp /Cn/)

Payments and Collections. 3 6 Section 2.1 Payments.......................................... 3 .................................................. 6 Section 2.2 Collections Prior to Amortization................. 3 ......................... 6 Section 2.3 Collections Following Amortization................ 4 ........................ 7 Section 2.4 Application of Collections........................ 4 ................................ 7 Section 2.5 Payment Rescission................................ 5 ........................................ 8 Section 2.6 Maximum Purchaser Interests....................... 5 ............................... 8 Section 2.7 Clean Up Call..................................... 5............................................. 9 Section 2.8 Release of Excess Cash Collateral......................... 9

Appears in 1 contract

Samples: Receivables Purchase Agreement (Timken Co)

Payments and Collections. 3 Section 2.1 Payments.......................................... ............................................................................................................................... 3 Section 2.2 Collections Prior to Amortization................. .......................................................................................... 3 Section 2.3 Collections Following Amortization................ ..................................................................................... 4 Section 2.4 Application of Collections........................ ..................................................................................................... 4 Section 2.5 Payment Rescission................................ Recission................................................................................................................. 5 Section 2.6 Maximum Purchaser Interests....................... ............................................................................................... 5 Section 2.7 Clean Up Call..................................... Call ....................................................................................................................... 5

Appears in 1 contract

Samples: Receivables Purchase Agreement (Graybar Electric Co Inc)

Payments and Collections. 3 Section 2.1 Payments.......................................... ..................................................3 Section 2.2 Collections Prior to Amortization................. .........................3 Section 2.3 Collections Following Amortization................ ........................4 Section 2.4 Application of Collections........................ ................................4 Section 2.5 Payment Rescission................................ ........................................5 Section 2.6 Maximum Purchaser Receivable Interests....................... ..............................5 Section 2.7 Clean Up Call..................................... .............................................5

Appears in 1 contract

Samples: Receivables Purchase Agreement (Idex Corp /De/)

Payments and Collections. 3 4 Section 2.1 Payments.......................................... 3 .....................................................................4 Section 2.2 Collections Prior to Amortization................. 3 ............................................5 Section 2.3 Collections Following Amortization................ 4 ...........................................5 Section 2.4 Application of Collections........................ 4 ...................................................6 Section 2.5 Payment Rescission................................ 5 Recission............................................................6 Section 2.6 Maximum Purchaser Interests....................... 5 ..................................................6 Section 2.7 Clean Up Call..................................... 5................................................................7

Appears in 1 contract

Samples: Receivables Purchase Agreement (Jabil Circuit Inc)

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