Common use of Receivables Purchase Agreement Clause in Contracts

Receivables Purchase Agreement. (i) Duly executed and delivered counterparts of the Receivables Purchase Agreement and all documents, agreements and instruments contemplated thereby, and (ii) evidence that each of the conditions precedent to the execution and delivery of the Receivables Purchase Agreement has been satisfied to Administrator's satisfaction, and that the initial assignments and transfers under the Receivables Purchase Agreement have been consummated.

Appears in 3 contracts

Samples: Loan Agreement (Covenant Transport Inc), Loan Agreement (Toro Co), Loan Agreement (Central Freight Lines Inc/Tx)

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Receivables Purchase Agreement. (i) Duly executed and delivered counterparts of the Receivables Purchase Agreement and all documents, agreements and instruments contemplated thereby, and (ii) evidence that each of the conditions precedent to the execution and delivery of the Receivables Purchase Agreement has been satisfied to Administrator's ’s satisfaction, and that the initial assignments and transfers under the Receivables Purchase Agreement have been consummated.

Appears in 1 contract

Samples: Loan Agreement (Baldor Electric Co)

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