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Common use of Bona Fide Receivables Clause in Contracts

Bona Fide Receivables. If such Receivable is reported as an Eligible Receivable in the Purchase Report for the Monthly Period in which such Receivable was transferred to the Buyer, such Receivable is an Eligible Receivable.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Reynolds Group Holdings LTD), Purchase and Sale Agreement (Reynolds Group Holdings LTD)

Related Clauses

  • Reassignment of Ineligible Receivables
  • Eligible Receivables
  • Receivables
  • Accounts Receivables
  • Accounts Receivable

Parent Clauses

  • Representations and Warranties
  • Seller's Representations and Warranties
  • Representations and Warranties of the Transferor
  • Representations and Warranties of the Seller With Respect to Each Sale of Receivables
  • Ratification

Sub-Clauses

  • No Change in Ability to Perform
  • Authority
  • Authorizations and Filings
  • Organization and Qualification
  • Execution and Binding Effect
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