Transfer of Records to the Buyer. (a) Each Purchase of Receivables hereunder shall include the transfer to the Buyer of all the applicable Originator’s right and title to and interest in the Records relating to such Receivables and rights to the use of such Originator’s computer software to access and create the Records, and each of the Originators hereby agrees that such transfer shall be effected automatically with each such Purchase, without any action on the part of the parties hereto or any further documentation.
Appears in 6 contracts
Samples: Receivables Sale Agreement, Receivables Sale Agreement (Community Health Systems Inc), Receivables Loan Agreement (Community Health Systems Inc)
Transfer of Records to the Buyer. (a) Each Purchase of Receivables hereunder shall include the transfer to the Buyer of all of the applicable Originator’s 's right and title to and interest in the Records relating to such Receivables and rights to the use of such Originator’s 's computer software to access and create the Records, and each of the Originators Originator hereby agrees that such transfer shall be effected automatically with each such Purchase, without any action on the part of the parties hereto or any further documentation.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Outsource International Inc), Receivables Purchase and Sale Agreement (Outsource International Inc)
Transfer of Records to the Buyer. (a) Each The Purchase of Receivables hereunder shall include the transfer to the Buyer of all of the applicable Originator’s 's right and title to and interest in the Records relating to such Receivables and rights to the use of such Originator’s 's computer software to access and create the Records, and each of the Originators Originator hereby agrees that such transfer shall be effected automatically with each such the Purchase, without any action on the part of the parties hereto or any further documentation.
Appears in 1 contract
Samples: Receivables Purchase and Sale Agreement (Superior National Insurance Group Inc)
Transfer of Records to the Buyer. (a) Each Purchase of Receivables hereunder shall include the transfer to the Buyer of all of the applicable Originator’s 's right and title to and interest in the Records relating to such Receivables and rights to the use of such the Originator’s 's computer software to access and create the Records, and each of the Originators Originator hereby agrees that such transfer shall be effected automatically with each such Purchase, without any action on the part of the parties hereto or any further documentation.
Appears in 1 contract
Samples: Receivables Purchase and Sale Agreement (Synthetic Industries Inc)
