Yield Payments. On each Monthly Settlement Date, Seller shall pay to the Managing Agent (for the benefit of each Investor in its Investor Group which is not Conduit Investors and the Conduit Investor in its Investor Group, if the Yield on its Investor Interest is to be determined pursuant to this Article IV) an aggregate amount equal to all accrued and unpaid Yield in respect of the Capital of the Investor Interest of such Investors for the immediately preceding Accrual Period in accordance with Article II.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Colorado Interstate Gas Co), Receivables Purchase Agreement (Anr Pipeline Co), Receivables Purchase Agreement (Southern Natural Gas Co)
Yield Payments. On each Monthly Settlement Date, Seller shall pay to the each Managing Agent (for the benefit of each Investor Financial Institution in its Investor Group which is not Conduit Investors and the Conduit Investor in its Investor Purchase Group, if the Yield on its Investor Interest is to be determined pursuant to this Article IV) an aggregate amount equal to all accrued and unpaid Yield in respect of the Capital of the Investor Interest associated with all Purchaser Interests of such Investors Financial Institution for the immediately preceding Accrual Period in accordance with Article II.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Anixter International Inc)
