The Company’s Rights. (a) The Company (or its successors or assigns) shall retain, and use for its own benefit, the Collections thereon and other proceeds of all Purchased Receivables, and, other than the Originator's Security Interest, the Originator shall not have any interest of any kind in or to any such Collections thereon or other proceeds.
Appears in 9 contracts
Samples: Receivables Purchase Agreement (Eagle Picher Technologies LLC), Receivables Purchase Agreement (Eagle Picher Technologies LLC), Receivables Purchase Agreement (Eagle Picher Technologies LLC)
The Company’s Rights. (a) The Company (or its successors or assigns) shall retain, and use for its own benefit, the Collections thereon and other proceeds of all Purchased Receivables, and, other than the Originator's Security Interest, and the Originator shall not have any interest of any kind in or to any such Collections thereon or other proceeds.
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Samples: Receivables Purchase Agreement (Ipalco Enterprises Inc)