Purchases and Settlements Sample Clauses
Purchases and Settlements. Section 2.1 Transfer of Affected Assets; Intended Characterization 39 Section 2.2 Purchase Price 40 Section 2.3 Investment Procedures 41 Section 2.4 Determination of Yield and Rate Periods 43 Section 2.5 Yield, Fees and Other Costs and Expenses 45 Section 2.6 Deemed Collections 45 Section 2.7 Payments and Computations, Etc 46 Section 2.8 Reports 46 Section 2.9 Collection Account 46 Section 2.10 Sharing of Payments, Etc 47 Section 2.11 Right of Setoff 47 Section 2.12 Settlement Procedures 47 Section 2.13 Optional Reduction of Net Investment 50 Section 2.14 Application of Collections Distributable to SPV 50 Section 2.15 Collections Held in Trust 50 Section 2.16 Reduction of Facility Limit 51 Section 2.17 Increase of Facility Limit 51 Section 2.18 Benchmark Replacement Setting 51 ARTICLE III ADDITIONAL COMMITTED INVESTOR PROVISIONS Section 3.1 Assignment to Committed Investors 53 Section 3.2 [Reserved] 54
Purchases and Settlements. Section 2.1 Facility 30 Section 2.2 Transfers; Certificates; Eligible Receivables 31 Section 2.3 Selection of Tranche Periods and Tranche Rates 35 Section 2.4 Discount, Fees and Other Costs and Expenses 38 Section 2.5 Non-Liquidation Settlement and Reinvestment Procedures 38 Section 2.6 Liquidation Settlement Procedures 39 Section 2.7 Fees 40 Section 2.8 Protection of Ownership Interest of the Class Investors 40 Section 2.9 Deemed Collections; Application of Payments 41 Section 2.10 Payments and Computations, Etc. 42 Section 2.11 Reports 42 Section 2.12 Collection Account 43 Section 2.13 Sharing of Payments, Etc. 43 Section 2.14 Rights of Set-off 43
Purchases and Settlements. SECTION 2.1. Facility....................................................
Purchases and Settlements. 21 SECTION 2.1. Facility........................................................................
Purchases and Settlements. SECTION 2.1 Transfer of Affected Assets; Intended Characterization. 40 SECTION 2.2 Purchase Price. 41 SECTION 2.3 Investment Procedures. 42
Purchases and Settlements. SECTION 2.1. Facility . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Purchases and Settlements. SECTION 2.1. Transfer of Affected Assets; Intended Characterization. . . .22 SECTION 2.2.
Purchases and Settlements. Facility 24 SECTION 2.2. Transfers; Company Certificate; Eligible Receivables 24 SECTION 2.3.
Purchases and Settlements. Section 2.1 Facility 2430 Section 2.2 Transfers; Certificates; Eligible Receivables 30
Purchases and Settlements. Upon the terms and subject to the conditions herein set forth, (x) the Transferor may, at its option, convey, transfer and assign to the Purchaser Agents, on behalf of their related Purchasers or Bank Investors, as applicable, and (y) (i) each of the Enterprise Agent, on behalf of and at the option of Enterprise (prior to an Enterprise Wind-Down Event), the PARCO Agent, on behalf of and at the option of PARCO (prior to a PARCO Wind-Down Event), and the Sheffield Agent, on behalf of and at the option of Sheffield (prior to a Sheffield Wind-Down Event), may or (ii) the Purchaser Agents, on behalf of their respective Bank Investors shall, unless a Termination Date or Special Termination Date with respect to such Bank Investors shall have occurred, severally but not jointly, accept such conveyance, transfer and assignment from the Transferor, without recourse except as provided herein, of an undivided percentage ownership interest in the Receivables, together with Collections, Proceeds and Related Security with respect thereto, from time to time. By accepting any conveyance, transfer and assignment hereunder, none of the Purchasers, any Bank Investor, the Administrative Agent or any of the Purchaser Agents assumes or shall have any obligations or liability under any of the Accounts, all of which shall remain the obligations and liabilities of the Transferor, the Initial Purchaser and the Seller.