Common use of Conditions Precedent to All Purchases and Reinvestments Clause in Contracts

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Purchase: (i) the Servicer shall have delivered to the Administrator and each Purchaser Agent on or prior to the date of such Purchase, in form and substance satisfactory to the Administrator and each Purchaser Agent, all Settlement Reports as and when due under Section 8.5 and (ii) upon the Administrator’s or any Purchaser Agent’s request, the Servicer shall have delivered to the Administrator and each Purchaser Agent at least one (1) Business Day prior to such Purchase an interim settlement report in substantially the form of Exhibit XI; (b) the Administrator and each Purchaser Agent shall have received such other documents as it may reasonably request and (c) on each Purchase Date, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 3 contracts

Sources: Receivables Purchase Agreement (Cencora, Inc.), Receivables Purchase Agreement (Amerisourcebergen Corp), Receivables Purchase Agreement (Amerisourcebergen Corp)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest, issuance of a Letter of Credit and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Purchasepurchase, issuance or Reinvestment: (i) the Servicer Servicers shall have delivered to the Administrator and each Purchaser Agent on or prior to the date of such Purchasepurchase, in form and substance satisfactory to the Administrator and each Purchaser Agent, all Settlement Reports Periodic Reports, including, without limitation, the most recent Periodic Report as and when due under Section 8.5 8.5, and (ii) upon the Administrator’s or any Purchaser Agent’s request, the Servicer Servicers shall have delivered to the Administrator and each Purchaser Agent at least one three (13) Business Day days prior to such Purchase purchase or Reinvestment an interim settlement report in substantially Monthly Report showing the form amount of Exhibit XIEligible Receivables; (b) the Administrator and each Purchaser Facility Termination Date shall not have occurred; (c) the Agent shall have received such other approvals, opinions or documents as it may reasonably request and (cd) on the date of each Purchase Datesuch Incremental Purchase, issuance of a Letter of Credit or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment any of the foregoing shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest, issuance of a Letter of Credit and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Purchasepurchase, issuance or Reinvestment: (i) the Servicer Servicers shall have delivered to the Administrator and each Purchaser Agent on or prior to the date of such Purchasepurchase, in form and substance satisfactory to the Administrator and each Purchaser Agent, all Settlement Reports Periodic Reports, including, without limitation, the most recent Periodic Report as and when due under Section 8.5 8.5, and (ii) upon the Administrator’s or any Purchaser Agent’s request, the Servicer Servicers shall have delivered to the Administrator and each Purchaser Agent at least one three (13) Business Day days prior to such Purchase purchase or Reinvestment an interim settlement report in substantially Monthly Report showing the form amount of Exhibit XIEligible Receivables; (b) the Administrator and each Purchaser Facility Termination Date shall not have occurred; (c) the Agent shall have received such other approvals, opinions or documents as it may reasonably request and (cd) on the date of each Purchase Datesuch Incremental Purchase, issuance of a Letter of Credit or Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment Reinvestmentany of the foregoing shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Sources: Receivables Purchase Agreement (Dean Foods Co)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Purchase: (i) the Servicer shall have delivered to the Administrator and each Purchaser Agent on or prior to the date of such Purchase, in form and substance satisfactory to the Administrator and each Purchaser Agent, all Settlement Monthly Reports as and when due under Section 8.5 and (ii) upon the Administrator’s or any Purchaser Agent’s 's request, the Servicer shall have delivered to the Administrator and each Purchaser Agent at least one three (13) Business Day days prior to such Purchase an interim settlement report in substantially Monthly Report showing the form amount of Exhibit XIEligible Receivables; (b) the Administrator and each Purchaser Agent shall have received such other approvals, opinions or documents as it may reasonably request and (c) on each Purchase Date, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Sources: Receivables Purchase Agreement (Adc Telecommunications Inc)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Purchase: (i) the Servicer shall have delivered to the Administrator and each Purchaser Agent on or prior to the date of such Purchase, in form and substance satisfactory to the Administrator and each Purchaser Agent, all Settlement Monthly Reports as and when due under Section 8.5 and (ii) upon the Administrator’s or any Purchaser Agent’s request's request after the occurrence of an Amortization Event, the Servicer shall have delivered to the Administrator and each Purchaser Agent at least one three (13) Business Day days prior to such Purchase an interim settlement report in substantially Monthly Report showing the form amount of Exhibit XIEligible Receivables; (b) the Administrator and each Purchaser Agent shall have received such other approvals, opinions or documents as it may reasonably request and (c) on each Purchase Date, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Sources: Receivables Purchase Agreement (Edwards Lifesciences Corp)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Purchasepurchase or Reinvestment: (i) the Servicer shall have delivered to the Administrator and each Purchaser Agent on or prior to the date of such Purchasepurchase, in form and substance satisfactory to the Administrator and each Purchaser Agent, all Settlement Monthly Reports and Weekly Reports as and when due under Section 8.5 and (ii) upon the Administrator’s or any Purchaser Agent’s request, the Servicer shall have delivered to the Administrator and each Purchaser Agent at least one three (13) Business Day days prior to such Purchase purchase or Reinvestment an interim settlement report in substantially showing the form amount of Exhibit XIEligible Receivables only; (b) the Administrator and each Purchaser Facility Termination Date shall not have occurred; (c) the Agent shall have received such other approvals, opinions or documents as it may reasonably request request; and (cd) on the date of each such Incremental Purchase Dateor Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Sources: Receivables Purchase Agreement (Avnet Inc)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Purchasepurchase or Reinvestment: (i) the Servicer shall have delivered to the Administrator and each Purchaser Agent on or prior to the date of such Purchasepurchase, in form and substance satisfactory to the Administrator and each Purchaser Agent, all Settlement Monthly Reports as and when due under Section 8.5 and (ii) upon the Administrator’s or any Purchaser Agent’s 's request, the Servicer shall have delivered to the Administrator and each Purchaser Agent at least one three (13) Business Day days prior to such Purchase purchase or Reinvestment an interim settlement report in substantially Monthly Report showing the form amount of Exhibit XIEligible Receivables; (ba) the Administrator and each Purchaser Facility Termination Date shall not have occurred; (c) the Agent shall have received such other approvals, opinions or documents as it may reasonably request and (cd) on the date of each such Incremental Purchase Dateor Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Sources: Receivables Purchase Agreement (Graybar Electric Co Inc)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Purchase: (i) the Servicer shall have delivered to the Administrator Agent and each Purchaser Agent on or prior to the date of such Purchase, in form and substance satisfactory to the Administrator Agent and each Purchaser Agent, all Settlement Reports as and when due under Section 8.5 and (ii) upon the AdministratorAgent’s or any Purchaser Agent’s request, the Servicer shall have delivered to the Administrator Agent and each Purchaser Agent at least one (1) Business Day prior to such Purchase an interim settlement report in substantially the form of Exhibit XI; (b) the Administrator Agent and each Purchaser Agent shall have received such other documents as it may reasonably request and (c) on each Purchase Date, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Sources: Receivables Purchase Agreement (Henry Schein Inc)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Purchasepurchase or Reinvestment: (i) the i)the Servicer shall have delivered to the Administrator and each Purchaser Agent on or prior to the date of such Purchasepurchase, in form and substance satisfactory to the Administrator and each Purchaser Agent, all Settlement Monthly Reports and Interim Reports as and when due under Section 8.5 and (ii) upon the Administrator’s or any Purchaser Agent’s 's request, the Servicer shall have delivered to the Administrator and each Purchaser Agent at least one three (13) Business Day days prior to such Purchase purchase or Reinvestment an interim settlement report in substantially Monthly Report showing the form amount of Exhibit XIEligible Receivables; (b) the Administrator and each Purchaser Facility Termination Date shall not have occurred; (c) the Agent shall have received such other approvals, opinions or documents as it may reasonably request and (cd) on the date of each such Incremental Purchase Dateor Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Sources: Receivables Purchase Agreement (Energizer Holdings Inc)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest (other than pursuant to Section 13.1) and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Purchasepurchase or Reinvestment: (i) the Servicer shall have delivered to the Administrator and each Purchaser Agent on or prior to the date of such Purchasepurchase, in form and substance satisfactory to the Administrator and each Purchaser Agent, all Settlement Monthly Reports as and when due under Section 8.5 and (ii) upon the Administrator’s or any Purchaser Agent’s 's request, the Servicer shall have delivered to the Administrator and each Purchaser Agent at least one three (13) Business Day days prior to such Purchase purchase or Reinvestment an interim settlement report in substantially Monthly Report showing the form amount of Exhibit XIEligible Receivables; (b) the Administrator and each Purchaser Facility Termination Date shall not have occurred; (c) the Agent shall have received such other approvals, opinions or documents as it may reasonably request and (cd) on the date of each such Incremental Purchase Dateor Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Sources: u.s. Receivables Purchase Agreement (Weatherford International Inc /New/)

Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase purchase of a Purchaser Interest (other than pursuant to a Liquidity Agreement) and each Reinvestment shall be subject to the further conditions precedent that (a) in the case of each such Purchasepurchase or Reinvestment: (ia) the Servicer shall have delivered to the Administrator and each Purchaser Agent on or prior to the date of such Purchasepurchase, in form and substance satisfactory to the Administrator and each Purchaser Agent, all Settlement Collateral Reports as and when due under Section 8.5 and (ii) upon the Administrator’s or any Purchaser Agent’s request, the Servicer shall have delivered to the Administrator and each Purchaser Agent at least one (1) Business Day prior to such Purchase an interim settlement report in substantially the form of Exhibit XI8.5; (b) the Administrator and each Purchaser Facility Termination Date shall not have occurred; (c) the Agent shall have received such other approvals, opinions or documents as it the Agent may have requested in accordance with the terms of this Agreement or any other Transaction Document or as the Agent may reasonably request in light of any event, circumstance or condition arising or occurring after the date of this Agreement which could reasonably be expected to have a Material Adverse Effect and (cd) on the date of each such Incremental Purchase Dateor Reinvestment, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller that such statements are then true):

Appears in 1 contract

Sources: Receivables Purchase Agreement (Flowserve Corp)