Receivables Purchaser definition

Receivables Purchaser means any purchaser or investor which purchases undivided interests in or otherwise finances Receivables Assets, and includes any agent of any such purchaser or investor.

Receivables Purchaser means any Person, other than the Company or any Restricted Subsidiary, that (individually or with other purchasers) purchases receivables on a discounted basis under a Qualified Receivables Transaction for cash and fair market value.

Receivables Purchaser means each Person from time to time party to the Receivables Purchase Agreement in the capacity of a “Conduit Purchaser” or a “Related Committed Purchaser”, as each such term is defined in the Receivables Purchase Agreement.

Examples of Receivables Purchaser in a sentence

• The execution, delivery and performance of this Agreement and the Conveyance Papers by [Short Name of Receivables Purchaser] and the fulfillment of the terms contemplated herein and therein applicable to [Short Name of Receivables Purchaser] will not conflict with or violate any Requirements of Law applicable to [Short Name of Receivables Purchaser].

• No failure to exercise and no delay in exercising, on the part of [Short Name of Account Owner] or [Short Name of Receivables Purchaser], any right, remedy, power or privilege hereunder, shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege.

• The parties hereto agree that Finance Charge Receivables, whenever created, accrued in respect of Principal Receivables which have been conveyed to [Short Name of Receivables Purchaser] shall continue to be property of [Short Name of Receivables Purchaser] notwithstanding any cessation of the transfer of additional Principal Receivables to [Short Name of Receivables Purchaser] and collections with respect thereto shall continue to be allocated and paid in accordance with this Agreement.

• All authorizations, consents, orders or approvals of or registrations or declarations with any Governmental Authority required to be obtained, effected or given by [Short Name of Receivables Purchaser] in connection with the execution and delivery by [Short Name of Receivables Purchaser] of this Agreement and the Conveyance Papers and the performance of the transactions contemplated by this Agreement and the Conveyance Papers have been duly obtained, effected or given and are in full force and effect.

• For the purpose of the immediately preceding sentence, [Short Name of Receivables Purchaser] and [Short Name of Account Owner] shall treat the first received of such collections with respect to the Designated Accounts as allocable to [Short Name of Receivables Purchaser] until [Short Name of Receivables Purchaser] shall have been allocated and paid collections in an amount equal to the aggregate amount of the Principal Receivables as of the date of the occurrence of such event.

More Definitions of Receivables Purchaser

Receivables Purchaser means (a) any Special Purpose Receivables Subsidiary or (b) any Person which is not an Affiliate of the Lead Borrower.

Receivables Purchaser means and include (i) with respect to the Alternate Receivables Purchase Agreement, Credit Lyonnais and (ii) with respect to the Atlantic Receivables Purchase Agreement, Atlantic and Credit Lyonnais and (iii) with respect to the Subordinated Loan Agreement, Credit Lyonnais and their respective successors and assigns (in the event that the Receivables Facility is replaced, any replacement receivables purchasers shall be deemed to be the Receivables Purchasers hereunder).

Receivables Purchaser means a purchaser of accounts receivable from Receivables Corp. pursuant to a Receivables Transaction.

Receivables Purchaser means each Person from time to time party to the Receivables Purchase and Servicing Agreement in the capacity of a "Purchaser".

Receivables Purchaser means any Person acquiring (or entering into a commitment to acquire) an undivided percentage ownership interest in Receivables pursuant to any Receivables Purchase Agreement.

Receivables Purchaser means either a Finance Subsidiary or a financial institution or trust that purchases receivables in connection with a Permitted Receivables Financing.

Receivables Purchaser the "SECURITY TRUSTEE", the "ISSUER", the "SWINGLINE LENDER" or any "LENDER" shall be construed so as to include their respective successors, Transferees and assignees in accordance with their respective interests;