Common use of Closing Date Purchases Clause in Contracts

Closing Date Purchases. Each Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at the Closing Date, and (ii) all Related Rights with respect thereto automatically shall be sold and deemed to have been sold by such Originator to the Purchaser on the Closing Date.

Appears in 2 contracts

Sources: Canadian Purchase and Sale Agreement (Cincinnati Bell Inc), Purchase and Sale Agreement (Cincinnati Bell Inc)

Closing Date Purchases. Each Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at as of the opening of such Originator’s business on the Closing Date, Date and (ii) all Related Rights with respect thereto automatically shall be, and shall be sold and deemed to have been been, sold or contributed by such Originator to the Purchaser Company on the Closing Date.

Appears in 2 contracts

Sources: Receivables Purchase Agreement and Purchase and Sale Agreement (Armstrong World Industries Inc), Purchase and Sale Agreement (Armstrong World Industries Inc)

Closing Date Purchases. Each Originator’s 's entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at as of the close of Originator's business on the Closing Date, and (other than Contributed Receivables), (ii) all Related Rights with respect thereto automatically shall be sold and deemed to have been sold by such Originator to the Purchaser Company on the Closing Date.

Appears in 2 contracts

Sources: Purchase and Contribution Agreement (Pilgrims Pride Corp), Purchase and Contribution Agreement (Warren S D Co /Pa/)

Closing Date Purchases. Each Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at the Closing Date, Date and (ii) all Related Rights with respect thereto automatically shall be sold and deemed to have been sold or contributed, as applicable, by such Originator to the Purchaser Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (SWIFT TRANSPORTATION Co)

Closing Date Purchases. Each Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at the Closing Date, Date and (ii) all Related Rights with respect thereto automatically shall be sold and deemed to have been sold by such Originator to the Purchaser Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Aar Corp)

Closing Date Purchases. Each Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at the Closing Date, Cut-off Date and (ii) all Related Rights with respect thereto automatically shall be sold and deemed to have been sold by such Originator to the Purchaser Buyer on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Meritor Inc)

Closing Date Purchases. Each Originator’s 's entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at as of the close of such Originator's business on the Closing Date, and (ii) all Related Rights with respect thereto automatically shall be sold and deemed to have been sold by such Originator to the Purchaser Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Imo Industries Inc)

Closing Date Purchases. Each Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at the Closing Date, Date (other than Contributed Receivables) and (ii) all Related Rights with respect thereto automatically shall be, and shall be sold and deemed to have been been, sold by such Originator to the Purchaser Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Patriot Coal CORP)

Closing Date Purchases. Each TheEach Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at as of the Closing Date, Date (other than Contributed Receivables) and (ii) all Related Rights with respect thereto automatically shall be, and shall be sold and deemed to have been been, sold by such thesuch Originator to the Purchaser Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Owens Corning)

Closing Date Purchases. Each The Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at as of the Closing Date, Date (other than Contributed Receivables) and (ii) all Related Rights with respect thereto automatically shall be, and shall be sold and deemed to have been been, sold by such the Originator to the Purchaser Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Owens Corning)

Closing Date Purchases. Each Originator’s 's entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at the Closing DateDate (other than Contributed Receivables), and (ii) all Related Rights with respect thereto automatically shall be sold and deemed to have been sold by such Originator to the Purchaser Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Cincinnati Bell Inc)

Closing Date Purchases. Each Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at the Closing Date, Date (other than Contributed Receivables) and (ii) all Related Rights with respect thereto automatically shall be sold and deemed to have been sold by such Originator to the Purchaser Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Cincinnati Bell Inc)

Closing Date Purchases. Each The Originator’s 's entire right, title and interest in (i) each Receivable that existed and was owing to such the Originator at as of the opening of the Originator's business on the Closing Date, (other than Contributed Portion) and (ii) all Related Rights with respect thereto automatically shall be sold and deemed to have been sold by such Originator to the Purchaser Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Allete)

Closing Date Purchases. Each Effective on the Closing Date, each Originator hereby sells to the Company, and the Company hereby purchases, such Originator’s entire right, title and interest in in, to and under (i) each Receivable that existed and was owing to such Originator at the Closing Date, Date and (ii) all Related Rights with respect thereto automatically shall be sold and deemed to have been sold by such Originator to the Purchaser on the Closing Datethereto.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Cincinnati Bell Inc)

Closing Date Purchases. Each Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at the Cut-off Date, (ii) all Receivables created by such Originator from and including the Cut-off Date, to and including the Closing Date, and (iiiii) all Related Rights with respect thereto automatically shall be sold and deemed to have been sold by such Originator to the Purchaser Buyer on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Alliance Resource Partners Lp)

Closing Date Purchases. Each Originator’s entire right, title and interest in (i) each Receivable that existed and was owing to such Originator at the Cut-off Date, (ii) all Receivables created by such Originator after the Cut-off Date, to and including, the Closing Date, and (iiiii) all Related Rights with respect thereto automatically shall be sold and deemed to have been sold or contributed, as applicable, by such Originator to the Purchaser Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (VWR Funding, Inc.)