Common use of Addition of Sellers Clause in Contracts

Addition of Sellers. Subject to Section 3.05, Section 2.08(m) of the Pooling Agreement, any applicable provisions in any Supplement, and the terms and conditions of this Section 9.12, from time to time one or more additional wholly owned, direct or indirect, Subsidiaries of Furnishings International Inc. may become Sellers hereunder and parties hereto. If any such Subsidiary wishes to become an additional Seller, it shall submit a request to such effect in writing to the Company. If the Company shall have agreed to any such request, such Subsidiary shall become an additional Seller hereunder and a party hereto on the related Seller Addition Date upon satisfaction of the conditions set forth in Section 3.05.

Appears in 1 contract

Sources: Receivables Sale Agreement (Lifestyle Furnishings International LTD)

Addition of Sellers. Subject to Section 3.053.05 hereof, Section 2.08(m2.08(l) of the Pooling Agreement, any applicable provisions in any Supplement, and the terms and conditions of this Section 9.12, from time to time one or more additional wholly owned, direct or indirect, indirect Subsidiaries of Furnishings International Ingr▇▇ ▇▇▇ro Inc. may become Sellers a Seller hereunder and parties party hereto. If any such Subsidiary wishes to become an additional Seller, it shall submit a request to such effect in writing to the Company. If the Company shall have agreed to any such request, such Subsidiary shall become an additional Seller hereunder and a party hereto on the related Seller Addition Date upon satisfaction of the conditions set forth in Section 3.05.

Appears in 1 contract

Sources: Receivables Sale Agreement (Ingram Micro Inc)