Common use of Character of Receivables Added to Receivables Clause in Contracts

Character of Receivables Added to Receivables. Pools All Receivables acquired by the Seller pursuant to the Sale Agreement shall be included in the Receivables Pool immediately upon the Seller's acquisition thereof. All such Receivables will comprise only one Receivables Pool.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Commercial Metals Co), Receivables Purchase Agreement (Commercial Metals Co)