Selection of Asset Tranches. The Administrator shall, from time to time for purposes of computing Earned Discount, divide the Asset Interest into Asset Tranches, and the applicable Earned Discount Rate may be different for each Asset Tranche. Purchaser's Total Investment shall be allocated to each Asset Tranche by the Administrator to reflect the funding sources for the Asset Interest, so that:
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Milacron Inc), Receivables Purchase Agreement (Inacom Corp), Receivables Purchase Agreement (Anuhco Inc)
Selection of Asset Tranches. The Administrator shall, from time to time for purposes of computing Earned Discount, divide the Asset Purchased Interest into Asset Tranches, and the applicable Earned Discount Rate may be different for each Asset Tranche. Purchaser's Total Investment shall be allocated to each Asset Tranche by the Administrator to reflect the funding sources for the Asset Purchased Interest, so that:
Appears in 1 contract
Samples: Receivables Purchase Agreement (Standard Products Co)
Selection of Asset Tranches. The Administrator shall, from time to time for purposes of computing Earned Discount, divide the Asset Interest into Asset Tranches, and the . The applicable Earned Discount Rate may be different for each Asset Tranche. Purchaser's Total Investment The total Invested Amount shall be allocated to each the Asset Tranche Tranches by the Administrator Administrator, on the Purchaser's behalf, to reflect the funding sources for the Asset InterestInterest such that the total amount of the Purchaser's Tranche Investments of such Asset Tranches shall equal the Invested Amount, and so that:
Appears in 1 contract
Samples: Receivables Purchase Agreement (Lifestyle Furnishings International LTD)