{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "percentage-ownership-interest", "type": "clause", "offset": [28, 57]}, {"key": "the-receivables", "type": "clause", "offset": [61, 76]}, {"key": "such-purchaser", "type": "definition", "offset": [101, 115]}, {"key": "for-purposes-of", "type": "clause", "offset": [201, 216]}, {"key": "a-purchase", "type": "definition", "offset": [227, 237]}, {"key": "the-sold-interest", "type": "clause", "offset": [250, 267]}, {"key": "at-any-time", "type": "clause", "offset": [291, 302]}, {"key": "each-purchaser", "type": "definition", "offset": [349, 363]}, {"key": "equal-to", "type": "definition", "offset": [485, 493]}, {"key": "divided-by", "type": "clause", "offset": [499, 509]}, {"key": "in-effect", "type": "clause", "offset": [543, 552]}], "size": 17, "samples": [{"hash": "kleYWxFPQPM", "uri": "/contracts/kleYWxFPQPM#purchase-interest", "label": "Receivables Sale Agreement (Usf Corp)", "score": 21.0, "published": true}, {"hash": "98uKM6SD9HG", "uri": "/contracts/98uKM6SD9HG#purchase-interest", "label": "Receivables Sale Agreement (Officemax Inc)", "score": 21.0, "published": true}, {"hash": "7X7fX7gpaLY", "uri": "/contracts/7X7fX7gpaLY#purchase-interest", "label": "Receivables Sale Agreement (Ametek Inc/)", "score": 21.0, "published": true}], "snippet": "means, for a Purchaser, the percentage ownership interest in the Receivables and Collections held by such Purchaser, calculated when and as described in Section 1.1(a); provided, however, that (except for purposes of computing a Purchase Interest or the Sold Interest in Section 1.5 or 1.7) at any time the Sold Interest would otherwise exceed 100% each Purchaser then holding any Investment shall have its Purchase Interest reduced by multiplying such Purchase Interest by a fraction equal to 100% divided by the Sold Interest otherwise then in effect, so that the Sold Interest is thereby reduced to 100%.", "hash": "4d94aed85741e38f3898dcd294b52cb3", "id": 1}, {"snippet_links": [{"key": "percentage-ownership-interest", "type": "clause", "offset": [28, 57]}, {"key": "the-receivables", "type": "clause", "offset": [61, 76]}, {"key": "such-purchaser", "type": "definition", "offset": [101, 115]}], "size": 14, "samples": [{"hash": "gbsJ26LEPVg", "uri": "/contracts/gbsJ26LEPVg#purchase-interest", "label": "Receivables Sale Agreement (Ipalco Enterprises, Inc.)", "score": 21.0, "published": true}, {"hash": "8kmR5ckhzly", "uri": "/contracts/8kmR5ckhzly#purchase-interest", "label": "Receivables Sale Agreement (Ipalco Enterprises, Inc.)", "score": 20.7741279602, "published": true}, {"hash": "7iDanv4GtfA", "uri": "/contracts/7iDanv4GtfA#purchase-interest", "label": "Receivables Sale Agreement (Ipalco Enterprises, Inc.)", "score": 19.0, "published": true}], "snippet": "means, for a Purchaser, the percentage ownership interest in the Receivables and Collections held by such Purchaser, calculated when and as described in Section 1.1(b).", "hash": "1c1f286b60dd3031380a884f957e40a0", "id": 2}, {"snippet_links": [{"key": "percentage-ownership-interest", "type": "clause", "offset": [28, 57]}, {"key": "the-receivables", "type": "clause", "offset": [61, 76]}, {"key": "such-purchaser", "type": "definition", "offset": [101, 115]}, {"key": "for-purposes-of", "type": "clause", "offset": [201, 216]}, {"key": "a-purchase", "type": "definition", "offset": [227, 237]}, {"key": "the-sold-interest", "type": "clause", "offset": [250, 267]}, {"key": "the-last-sentence", "type": "clause", "offset": [295, 312]}, {"key": "at-any-time", "type": "clause", "offset": [356, 367]}, {"key": "each-purchaser", "type": "definition", "offset": [414, 428]}, {"key": "equal-to", "type": "definition", "offset": [550, 558]}, {"key": "divided-by", "type": "clause", "offset": [564, 574]}, {"key": "in-effect", "type": "clause", "offset": [608, 617]}], "size": 7, "samples": [{"hash": "ics9lC2P1g7", "uri": "/contracts/ics9lC2P1g7#purchase-interest", "label": "Receivables Sale Agreement (Perkinelmer Inc)", "score": 21.0, "published": true}, {"hash": "gf0EY8AcPpb", "uri": "/contracts/gf0EY8AcPpb#purchase-interest", "label": "Receivables Sale Agreement (Perkinelmer Inc)", "score": 21.0, "published": true}, {"hash": "k3VE0oSeCCL", "uri": "/contracts/k3VE0oSeCCL#purchase-interest", "label": "Receivables Sale Agreement (Albany International Corp /De/)", "score": 19.0, "published": true}], "snippet": "means, for a Purchaser, the percentage ownership interest in the Receivables and Collections held by such Purchaser, calculated when and as described in Section 1.1(a); provided, however, that (except for purposes of computing a Purchase Interest or the Sold Interest in Section 1.5, 1.7 and in the last sentence of both Section 2.3(a) and Section 2.3(b)) at any time the Sold Interest would otherwise exceed 100% each Purchaser then holding any Investment shall have its Purchase Interest reduced by multiplying such Purchase Interest by a fraction equal to 100% divided by the Sold Interest otherwise then in effect, so that the Sold Interest is thereby reduced to 100%.", "hash": "1dda205773140059c4c30e5c920548f9", "id": 3}, {"snippet_links": [{"key": "ownership-interest", "type": "definition", "offset": [38, 56]}, {"key": "the-receivables", "type": "clause", "offset": [60, 75]}, {"key": "such-purchaser", "type": "definition", "offset": [122, 136]}, {"key": "this-agreement", "type": "clause", "offset": [143, 157]}], "size": 2, "samples": [{"hash": "juQdn600J1o", "uri": "/contracts/juQdn600J1o#purchase-interest", "label": "Receivables Sale Agreement (Sirva Inc)", "score": 25.5311431885, "published": true}, {"hash": "fNuT1vXBx2U", "uri": "/contracts/fNuT1vXBx2U#purchase-interest", "label": "Receivables Sale Agreement (Sirva Inc)", "score": 25.4353179932, "published": true}], "snippet": "means, for a Purchaser, the undivided ownership interest in the Receivables, the Collections and proceeds thereof held by such Purchaser under this Agreement.", "hash": "17ea6b5b2c797aeab0ce625dc0fc5beb", "id": 4}, {"snippet_links": [{"key": "class-a-purchase", "type": "definition", "offset": [8, 24]}, {"key": "class-b-purchase", "type": "definition", "offset": [37, 53]}], "size": 2, "samples": [{"hash": "79MKPAoO2Fm", "uri": "/contracts/79MKPAoO2Fm#purchase-interest", "label": "Receivables Sale Agreement (Sirva Inc)", "score": 21.0, "published": true}, {"hash": "3RcWSZ3Mkpt", "uri": "/contracts/3RcWSZ3Mkpt#purchase-interest", "label": "Receivables Sale Agreement (Sirva Inc)", "score": 21.0, "published": true}], "snippet": "means a Class A Purchase Interest or Class B Purchase Interest.", "hash": "e32b83a478a7c6168ef6eea8f40d7aca", "id": 5}, {"snippet_links": [{"key": "purchase-option", "type": "clause", "offset": [47, 62]}], "size": 2, "samples": [{"hash": "fFqPw38RgzG", "uri": "/contracts/fFqPw38RgzG#purchase-interest", "label": "Limited Liability Company Agreement", "score": 26.950717926, "published": true}, {"hash": "dlINaw6Z8sY", "uri": "/contracts/dlINaw6Z8sY#purchase-interest", "label": "Limited Liability Company Agreement", "score": 26.950717926, "published": true}], "snippet": "has the meaning set forth in Section 7.06(a). \u201cPurchase Option\u201d has the meaning set forth in Section 7.06(a).", "hash": "9ffb15eb191c2304c4fbd87e031017a2", "id": 6}, {"snippet_links": [{"key": "minority-holder", "type": "definition", "offset": [25, 40]}, {"key": "stock-and-options", "type": "clause", "offset": [84, 101]}, {"key": "shares-of-common-stock-issued-upon", "type": "clause", "offset": [113, 147]}, {"key": "exercise-of", "type": "clause", "offset": [152, 163]}, {"key": "with-respect-to", "type": "clause", "offset": [188, 203]}, {"key": "schedule-a", "type": "clause", "offset": [236, 246]}, {"key": "note-to-draft", "type": "clause", "offset": [256, 269]}, {"key": "purchased-common-stock", "type": "definition", "offset": [300, 322]}, {"key": "rollover-options", "type": "clause", "offset": [324, 340]}, {"key": "upon-exercise", "type": "clause", "offset": [365, 378]}, {"key": "new-options", "type": "definition", "offset": [428, 439]}], "size": 2, "samples": [{"hash": "fvmlTrKDc5N", "uri": "/contracts/fvmlTrKDc5N#purchase-interest", "label": "Stockholders Agreement (Sunsource Inc)", "score": 18.0, "published": true}], "snippet": "means, as to any Initial Minority Holder other than McD\u2587\u2587\u2587\u2587\u2587\u2587, \u2587he shares of Common Stock and Options (including shares of Common Stock issued upon the exercise of such Options) specified with respect to such Initial Minority Holder on Schedule A hereto. 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PROVIDED, HOWEVER, that (except for purposes of computing a Purchase Interest or the Sold Interest in Section 1.5 or 1.7) at any time the Sold Interest would otherwise exceed 100% each Purchaser then holding any Investment shall have its Purchase Interest reduced by multiplying such Purchase Interest by a fraction equal to 100% divided by the Sold Interest otherwise then in effect, so that the Sold Interest is thereby reduced to 100%.", "hash": "1d4cd43d2d75e7e801678d41cf005668", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIacHVyY2hhc2UtaW50ZXJlc3QjMDAwMDAwMGEMogECZW4YACAA", "definition": {"size": 53, "title": "Purchase Interest", "snippet": "means, for a Purchaser, the percentage ownership interest in the Receivables and Collections held by such Purchaser, calculated when and as described in Section 1.1(a); provided, however, that (except for purposes of computing a Purchase Interest or the Sold Interest in Section 1.5 or 1.7) at any time the Sold Interest would otherwise exceed 100% each Purchaser then holding any Investment shall have its Purchase Interest reduced by multiplying such Purchase Interest by a fraction equal to 100% divided by the Sold Interest otherwise then in effect, so that the Sold Interest is thereby reduced to 100%.", "id": "purchase-interest", "examples": ["The Agent shall hold, in its name, for the benefit of each Purchaser, the <strong>Purchase Interest</strong> of the Purchaser.", "If you have a balance transfer balance on your Account that is subject to a 0% introductory or promotional APR we will not charge you interest on new purchases during the term of the introductory or promotional offer if you pay by the payment due date of each Billing Cycle the amount shown within the &#x27;Payment Information&quot; box titled &quot;Payment to Avoid <strong>Purchase Interest</strong>&quot;.", "The Seller owns the Receivables free of any Adverse Claim other than the interests of the Purchasers (through the Agent) therein that are created hereby, and each Purchaser shall at all times have a valid undivided percentage ownership interest, which shall be a first priority perfected security interest for purposes of Article 9 of the applicable Uniform Commercial Code, in the Receivables and Collections to the extent of its <strong>Purchase Interest</strong> then in effect.", "The &quot;Payment to Avoid <strong>Purchase Interest</strong>&quot; will never be less than the minimum due.", "Except during a Liquidation Period for a Purchaser, such Purchaser&#x27;s <strong>Purchase Interest</strong> will change whenever its Investment, its Purchaser Reserve Percentage or the Eligible Receivables Balance changes.", "The Agent shall hold, in its name, for the benefit of each Purchaser, the <strong>Purchase Interest</strong> of such Purchaser.", "Each such <strong>Purchase Interest</strong> will accrue Funding Charges each day based on the Pooled Allocation.", "Except during a Liquidation Period for a Purchaser, such Purchaser\u2019s <strong>Purchase Interest</strong> will change whenever its Investment, its Purchaser Reserve Percentage or the Eligible Receivables Balance changes.", "During a Liquidation Period for a Purchaser its <strong>Purchase Interest</strong> shall remain constant at the percentage in effect as of the day immediately preceding the commencement of the relevant Liquidation Period, except for redeterminations to reflect Investment acquired from or transferred to another Purchaser under the Transfer Agreement.", "We calculate the amount by adding: (1) your Minimum Payment Due; plus (2) the total outstanding purchase balance; plus (3) the total outstanding cash advance balance; plus (4) the total amount of outstanding balance transfer balances that are not subject to the 0% introductory or promotional APR; plus (5) any fees that had been assessed to the Account The &quot;Payment to Avoid <strong>Purchase Interest</strong>&quot; will never be less than the minimum due."], "related": [["base-interest", "Base Interest", "Base Interest"], ["income-interest", "Income interest", "Income interest"], ["receivable-interest", "Receivable Interest", "Receivable Interest"], ["base-interest-fraction", "Base Interest Fraction", "Base Interest Fraction"], ["transferred-interest", "Transferred Interest", "Transferred Interest"]], "related_snippets": [], "updated": "2025-07-24T04:27:56+00:00"}, "json": true, "cursor": ""}}