Common use of Sales of Receivables Clause in Contracts

Sales of Receivables. Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company or any Subsidiary of the Company, with or without recourse, except for collection in the ordinary course of business.

Appears in 8 contracts

Samples: Credit Agreement (Veeco Instruments Inc), Credit Agreement (Hain Celestial Group Inc), Credit Agreement (Veeco Instruments Inc)

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Sales of Receivables. Sell, assign, discount, transfer, discount or otherwise dispose of any accounts receivable, promissory notes, accounts receivable drafts or trade acceptances or other obligations owing rights to the Company or any Subsidiary of the Companyreceive payment held by it, with or without recourse, except for the purpose of collection or settlement in the ordinary course of business.

Appears in 5 contracts

Samples: Credit Agreement (Chock Full O Nuts Corp), Revolving Credit Agreement (Supermarket Cigarette Sales Inc), Credit Agreement (Coram Healthcare Corp)

Sales of Receivables. Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company or any Subsidiary of the Companyits Subsidiaries, with or without recourse, except for collection in the ordinary course of business.

Appears in 4 contracts

Samples: Pledge Agreement (1 800 Flowers Com Inc), Credit Agreement (Coactive Marketing Group Inc), Credit Agreement (Vasomedical Inc)

Sales of Receivables. Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company or any Subsidiary of the CompanyCorporate Guarantor, with or without recourse, except for collection in the ordinary course of business.

Appears in 3 contracts

Samples: Credit Agreement (Lexent Inc), Credit Agreement (Lexent Inc), Security Agreement (American Medical Alert Corp)

Sales of Receivables. Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the any Company or any Subsidiary of the CompanyGuarantor, with or without recourse, except for collection in the ordinary course of business.

Appears in 2 contracts

Samples: Credit Agreement (Edo Corp), Credit Agreement (Edo Corp)

Sales of Receivables. Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company Company, any Guarantor or any Subsidiary of the Companytheir respective Subsidiaries, with or without recourse, except for collection in the ordinary course of business.

Appears in 2 contracts

Samples: Credit Agreement (Comtech Telecommunications Corp /De/), Credit Agreement (Comtech Telecommunications Corp /De/)

Sales of Receivables. Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company or any Subsidiary of the CompanyGuarantor, with or without recourse, except for settlement, compromise or collection thereof in the ordinary course of business.

Appears in 2 contracts

Samples: Credit Agreement (Medical Action Industries Inc), Credit Agreement (Medical Action Industries Inc)

Sales of Receivables. Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company or any Subsidiary of the CompanyGuarantor, with or without recourse, except for collection in the ordinary course of business.

Appears in 2 contracts

Samples: Credit Agreement (Medical Action Industries Inc), Credit Agreement (Medical Action Industries Inc)

Sales of Receivables. Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company Xxxxx or any Subsidiary of the Companyits Subsidiaries, with or without recourse, except for collection in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Aceto Corp)

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Sales of Receivables. Sell, transfer, discount or otherwise dispose Dispose of notes, accounts receivable or promissory notes in respect thereof or other similar obligations owing to the Company Borrower or any Subsidiary of the Companyits Subsidiaries, with or without recourse, except for the purpose of collection in the ordinary course of business.

Appears in 1 contract

Samples: Loan Agreement (Integramed America Inc)

Sales of Receivables. Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company or any Subsidiary of the CompanyGuarantor, with or without recourse, except for collection or discount thereof in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Emerging Vision Inc)

Sales of Receivables. Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company or any Subsidiary of the CompanyBorrowers, with or without recourse, except for the purpose of collection in the ordinary course of business.. 7.7

Appears in 1 contract

Samples: Loan Agreement Loan Agreement (Fresh Juice Co Inc)

Sales of Receivables. Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company or any Subsidiary of the CompanyCredit Party, with or without recourse, except for collection in the ordinary course of business.

Appears in 1 contract

Samples: Agreement (Family Golf Centers Inc)

Sales of Receivables. Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations arising in the ordinary course of business owing to the Company or any Subsidiary of the CompanyCorporate Guarantor, with or without recourse, except for collection in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Sbarro Inc)

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