Common use of Reconveyance of Receivables Clause in Contracts

Reconveyance of Receivables. In the event that the Seller has paid to the Buyer the full Outstanding Balance of any Receivable pursuant to Section 3.3, the Buyer shall reconvey such Receivable to the Seller, without representation or warranty, but free and clear of all liens, security interests, charges, and encumbrances created by the Buyer.

Reconveyance of Receivables. In the event that the a Seller has paid to the Buyer the full Outstanding Balance of any Receivable pursuant to Section 3.3, the Buyer shall reconvey such Receivable to the such Seller, without representation or warranty, but free and clear of all liens, security interests, charges, and encumbrances created by the Buyer.

Reconveyance of Receivables. In the event that the Seller has paid to the Buyer Purchaser the full Outstanding Balance (and accrued interest) of any Receivable pursuant to Section 3.32.07, the Buyer Purchaser shall promptly reconvey such Receivable to the Seller, without representation or warranty, but free and clear of all liens, security interests, charges, and encumbrances liens created by the BuyerPurchaser.

Reconveyance of Receivables. In the event that the Seller has paid --------------------------- to the Buyer Company the full Outstanding Balance of any Receivable pursuant to Section 3.3, the Buyer Company shall reconvey such Receivable to the Seller, without ----------- representation or warranty, but free and clear of all liens, security interests, charges, and encumbrances created by the BuyerCompany.

Reconveyance of Receivables. In the event that the Seller has paid to the Buyer Company the full Outstanding Balance of any Receivable pursuant to Section 3.33.4, the Buyer Company shall reconvey such Receivable to the Seller, without representation or warranty, but free and clear of all liens, security interests, charges, and encumbrances liens created by the BuyerCompany.