Receivables Purchaser definition
Examples of Receivables Purchaser in a sentence
Seller and Receivables Purchaser have caused this Agreement to be duly executed as of the date first above written.
None of the terms or provisions of this Agreement may be waived, altered, modified or amended except by an instrument in writing duly executed by Seller and Receivables Purchaser.
Further Seller agrees to timely notify Receivables Purchaser of any exceptions in controls noted by Seller or Seller’s third party auditors related to the same.
Until the earlier of Receivables Purchaser’s filling of its 2026 Form 10-K and April 1, 2026, Seller agrees to provide to Receivables Purchaser all results of Seller’s testing of internal controls associated with the Processing System (e.g. the V4 system of record) that occur prior to Receivables Purchaser filing of its 2026 Form 10-K, or April 1, 2026, whichever is earlier.
Until April 1, 2026, no more than once per month, and upon prior written notice, during normal business hours and in a manner designed to minimize disruption, Receivables Purchaser, its agents, and/or its internal or external auditors may audit, inspect, review, and test the system of record used by Seller to maintain, service, and record transactions for the Accounts corresponding to the Acquired Receivables.