Conveyed definition
Examples of Conveyed in a sentence
Upon any termination of the Purchase Facility pursuant to Section 6.01(a), Buyer (and the Administrative Agent as Buyer’s collateral assignee) shall have, in addition to all other rights and remedies with respect to the Receivables Conveyed under this Agreement, all other rights and remedies provided under the UCC of each applicable jurisdiction and other Laws, which rights shall be cumulative.
As to the Receivables and Related Assets Conveyed to Buyer hereunder and any Lien held by the Administrative Agent as assignee of ▇▇▇▇▇’s rights hereunder, Seller hereby consents to and agrees to be bound by the specific remedies provisions of Section 9.02 of the Receivables Purchase and Financing Agreement as to the exercise of such remedies against Buyer and its pledged assets, as if they were set forth herein mutatis mutandis.
Upon any termination of the Purchase Facility pursuant to Section 6.01(b), the applicable Originator shall have, in addition to all other rights and remedies with respect to the Receivables Conveyed by such Originator under this Agreement, all other rights and remedies provided under the UCC of each applicable jurisdiction and other Laws, which rights shall be cumulative.
Upon any termination of the Purchase Facility pursuant to Section 6.01(b), Seller shall have, in addition to all other rights and remedies with respect to the Receivables Conveyed by Seller under this Agreement, all other rights and remedies provided under the UCC of each applicable jurisdiction and other Laws, which rights shall be cumulative.
Instruct all Obligors to deliver payments on the Receivables Conveyed by Seller hereunder to a Collection Account or a Lock-Box.
As to the Receivables and Related Assets Conveyed to Buyer hereunder and any Lien held by the Administrative Agent as assignee of Buyer’s rights hereunder, each Originator hereby consents to and agrees to be bound by the specific remedies provisions of Section 9.02 of the Receivables Purchase and Financing Agreement as to the exercise of such remedies against Buyer and its pledged assets, as if they were set forth herein mutatis mutandis.
Each Receivable owned by such Originator and Conveyed hereunder was an Eligible Receivable on the date of its sale or contribution hereunder, unless otherwise specified in the first Purchase Report or Pool Report that includes such Receivable.
Instruct all Obligors to deliver payments on the Receivables Conveyed by such Originator hereunder to a Collection Account or a Lock-Box.
Each Receivable owned by ▇▇▇▇▇▇ and Conveyed hereunder was an Eligible Receivable on the date of its sale or contribution hereunder, unless otherwise specified in the first Purchase Report or Pool Report that includes such Receivable.