Common use of Assignment of Purchaser Interests Clause in Contracts

Assignment of Purchaser Interests. Seller hereby sells, assigns and transfers to the Administrative Agent, for the benefit of the applicable Purchasers and their permitted assigns, effective on and as of the date of each Purchase, each Purchaser Interest described in the applicable Purchase Notice.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Yellow Roadway Corp), Receivables Purchase Agreement (Yrc Worldwide Inc)