Common use of Adverse Claim Clause in Contracts

Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Sold Assets or Seller Collateral or any portion thereof other than Permitted Liens, (B) any Person other than the Seller, the Servicer, the Administrative Agent or, with respect to any Excluded Collection Account, the related Excluded Collection Account Owner shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Servicer or the Administrative Agent.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Warner Bros. Discovery, Inc.), Receivables Purchase Agreement (Warner Bros. Discovery, Inc.)

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Adverse Claim. (A) Any Person shall obtain an Adverse Claim (other than a Permitted Lien) upon the Sold Assets or Seller Collateral or any portion thereof other than Permitted Liensthereof, (B) any Person other than the Seller, the Servicer, the Administrative Agent or, with respect to any Excluded Collection Account, the related Excluded Collection Account Owner Originator shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box), (C) any Person other than the Borrower, an Originator, the Servicer or the Administrative Agent shall obtain any rights or direct any action with respect to any Sweep Account or (CD) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Servicer or the Administrative Agent.

Appears in 2 contracts

Samples: Receivables Financing Agreement (Owens & Minor Inc/Va/), Receivables Financing Agreement (Owens & Minor Inc/Va/)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim (other than a Permitted Adverse Claim) upon the Sold Assets or Seller Collateral or any material portion thereof other than Permitted Liensthereof, (B) any Person other than the Sellerany Borrower, the Servicer, Servicer or the Administrative Agent or, (or solely with respect to the Approved Account at any Excluded Collection Accounttime prior to the Post-Closing Date, the related Excluded Collection Account Owner Interstate Logos LLC) shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Servicer or the Administrative Agent.

Appears in 2 contracts

Samples: Receivables Financing Agreement (Lamar Media Corp/De), Receivables Financing Agreement (Lamar Media Corp/De)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Sold Assets or the Seller Collateral or any portion thereof other than Permitted Liens, (B) any Person other than the Seller, the Servicer, the Administrative Agent or, with respect to any Excluded Collection Account, the related Excluded Collection Account Owner shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Servicer or the Administrative Agent.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Warner Bros. Discovery, Inc.), Receivables Purchase Agreement (Warner Bros. Discovery, Inc.)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Sold Assets Receivables or Seller Collateral Related Rights or any portion thereof other than Permitted Liensthereof, (B) any Person other than the Selleran Originator, the ServicerBuyer, the Servicer or the Administrative Agent or, with respect to any Excluded Collection Account, the related Excluded Collection Account Owner shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box), (C) any Person other than an Originator, the Buyer, the Servicer or the Administrative Agent shall obtain any rights or direct any action with respect to any Sweep Account or (CD) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than an Originator, the Servicer or the Administrative Agent.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Owens & Minor Inc/Va/)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Sold Assets or the Seller Collateral or any portion thereof other than Permitted Liens, (B) any Person other than the Seller, the Servicer, the Administrative Agent or, with respect to any Excluded Collection Account, the related Excluded Collection Account Owner shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Servicer or the Administrative Agent.. (v)

Appears in 1 contract

Samples: Receivables Purchase Agreement (Warner Bros. Discovery, Inc.)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim (other than a Permitted Adverse Claim) upon the Sold Assets or Seller Collateral or any material portion thereof other than Permitted Liensthereof, (B) any Person other than the SellerBorrowerBorrowers, the Servicer, Servicer or the Administrative Agent or, (or solely with respect to the Approved Account at any Excluded Collection Accounttime prior to the Post-Closing Date, the related Excluded Collection Account Owner Interstate Logos LLC) shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Servicer or the Administrative Agent.

Appears in 1 contract

Samples: Receivables Financing Agreement (Lamar Media Corp/De)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Sold Assets or Seller Collateral or any portion thereof other than Permitted Liensthereof, (B) any Person other than the Seller, the Servicer, the Administrative Agent or, any Aveanna Party or any Secured Party hereunder shall obtain any rights or direct any action with respect to any Excluded Collection Collateral Account, (C) any Person other than the related Excluded Collection Account Owner Borrower, an Originator, the Servicer or the Administrative Agent shall obtain any rights or direct any action with respect to any Collection Account (or Account(or any related Lock-Box) or (CD) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Servicer or the Administrative Agent.

Appears in 1 contract

Samples: Receivables Financing Agreement (Aveanna Healthcare Holdings, Inc.)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim (other than a Permitted Adverse Claim) upon the Sold Assets or Seller Collateral or any material portion thereof other than Permitted Liensthereof, (B) any Person other than the SellerBorrower, the Servicer, Servicer or the Administrative Agent or, (or solely with respect to the Approved Account at any Excluded Collection Accounttime prior to the Post-Closing Date, the related Excluded Collection Account Owner Interstate Logos LLC) shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Servicer or the Administrative Agent.

Appears in 1 contract

Samples: Receivables Financing Agreement (Lamar Media Corp/De)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Sold Assets or Seller Collateral or any portion thereof other than Permitted Liens, (B) any Person other than the Seller, the Servicer, the Administrative Agent or, with respect to any Excluded Collection Account, the related Excluded Collection Account Owner shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Servicer or the Administrative Agent.. (v)

Appears in 1 contract

Samples: Receivables Purchase Agreement (Warner Bros. Discovery, Inc.)

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Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Sold Assets or Seller Collateral or any portion thereof other than Permitted Liensthereof, (B) any Person other than the SellerBorrower, the Servicer, Servicer or the Administrative Agent or, shall obtain any rights or direct any action with respect to any Excluded Collection Collateral Account, (C) any Person other than the related Excluded Collection Account Owner applicable Originator or the Administrative Agent shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box) or (CD) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Borrower, the Originators at the request of the Borrower, the Servicer or the Administrative Agent.

Appears in 1 contract

Samples: Receivables Financing Agreement (Exact Sciences Corp)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Sold Assets or the Seller Collateral or any portion thereof other than Permitted Liens, (B) any Person other than the Seller, the Servicer, the Pledgor, the Administrative Agent or, with respect to any Excluded Collection Account, the related Excluded Collection Account Owner shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Servicer or the Administrative Agent.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Warner Bros. Discovery, Inc.)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Sold Assets Receivables or Seller Collateral Related Rights transferred hereunder or any material portion thereof other than Permitted Liensthereof, (B) any Person other than the SellerBuyer, the ServicerBorrower, the Servicer or the Administrative Agent or, with respect to any Excluded Collection Account, the related Excluded Collection Account Owner shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Buyer or the Borrower, the Originators at the request of the Buyer or the Borrower, or the Servicer or the Administrative Agent.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Exact Sciences Corp)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Sold Assets or Seller Collateral or any portion thereof other than Permitted Liensthereof, (B) any Person other than the SellerBorrower, the Servicer, Servicer or the Administrative Agent or, shall obtain any rights or direct any action with respect to any Excluded Collection Collateral Account, (C) any Person other than the related Excluded Collection Account Owner applicable Originator or the Administrative Agent shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box) or (CD) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than the Borrower, the Servicer or the Administrative Agent.

Appears in 1 contract

Samples: Receivables Financing Agreement (Exact Sciences Corp)

Adverse Claim. (A) Any Person shall obtain an Adverse Claim upon the Sold Assets Receivables or Seller Collateral Related Rights or any portion thereof (other than a Permitted LiensAdverse Claim), (B) any Person other than the Selleran Originator, the ServicerBuyer, the Servicer or the Administrative Agent or, with respect to any Excluded Collection Account, the related Excluded Collection Account Owner shall obtain any rights or direct any action with respect to any Collection Account (or related Lock-Box) or Blocked Account (other than a Permitted Adverse Claim) or (C) any Obligor shall receive any change in payment instructions with respect to Pool Receivable(s) from a Person other than an Originator, the Servicer or the Administrative Agent.

Appears in 1 contract

Samples: Execution Version Purchase and Sale Agreement (Computer Sciences Corp)

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