Purchase Excess. After completion of the disbursements --------------- specified in Subsections 6.03(a), (b) and (c), the Operating Agent shall notify the Seller of any remaining Purchase Excess, and the Seller shall deposit the amount of such Purchase Excess remaining in the Collection Account by 11:30 a.m. on the following Business Day.
Appears in 1 contract
Sources: Receivables Purchase and Servicing Agreement (Merisel Inc /De/)
Purchase Excess. After completion of the disbursements --------------- specified in Subsections 6.03(a), (b) and (c), the Operating Agent shall notify the Seller of any remaining Purchase Excess, and the Seller shall deposit the amount of such Purchase Excess remaining in the Collection Account by 11:30 a.m. on the following Business Day.. -8-
Appears in 1 contract
Sources: Receivables Purchase and Servicing Agreement (Merisel Inc /De/)
Purchase Excess. After completion of the disbursements --------------- specified in Subsections 6.03(a), (b) and (c), the Operating Agent shall notify the Seller of any remaining Purchase Excess, Excess and the Seller shall deposit the amount of such any Purchase Excess remaining in the Collection Account by 11:30 11:00 a.m. on the Business Day following Business Daythe date of such Purchase Excess.
Appears in 1 contract
Sources: Receivables Purchase and Servicing Agreement (New Pameco Georgia Corp)