Unsold Receivables. Each Unsold Receivable and the proceeds thereof, are owned by an Originator (or an Affiliate thereof) free and clear of any Adverse Claim (other than an Adverse Claim held by a Person who is then party to an Intercreditor Agreement that is in form and substance satisfactory to the Administrative Agent).[Reserved].
Appears in 2 contracts
Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.), Receivables Sale Agreement (C. H. Robinson Worldwide, Inc.)
Unsold Receivables. Each Unsold Receivable and the proceeds thereof, are owned by an Originator (or an Affiliate thereof) free and clear of any Adverse Claim (other than an Adverse Claim held by a Person who is then party to an Intercreditor Agreement that is in form and substance satisfactory to the Administrative Agent).[Reserved]Agent).
Appears in 2 contracts
Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.), Receivables Sale Agreement (C. H. Robinson Worldwide, Inc.)
Unsold Receivables. Each Unsold Receivable and the proceeds thereofRelated Assets, are owned by an Originator (or an Affiliate thereof) free and clear of any Adverse Claim (other than an Adverse Claim held by a Person who is then party to an Intercreditor Agreement that is in form and substance satisfactory to the Administrative Agent).[Reserved].
Appears in 1 contract
Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.)
Unsold Receivables. Each Unsold Receivable and the proceeds thereofRelated Assets, are owned by an Originator (or an Affiliate thereof) free and clear of any Adverse Claim (other than an Adverse Claim held by a Person who is then party to an Intercreditor Agreement that is in form and substance satisfactory to the Administrative Agent).[Reserved]Agent).
Appears in 1 contract
Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.)
