Common use of Creditor Approval Clause in Contracts

Creditor Approval. Originator has obtained from its creditors (i) all approvals necessary to sell and assign the Receivables, the Related Security, the Collections and the related Proceeds and (ii) releases of any security interests in the Receivables, the Related Security, the Collections and the related Proceeds.

Appears in 2 contracts

Sources: Receivables Sale Agreement (Amerisourcebergen Corp), Receivables Sale Agreement (Amerisourcebergen Corp)

Creditor Approval. Such Originator has obtained from its creditors (i) all approvals necessary to sell and assign the its Receivables, the Related Security, the Collections and the related Proceeds and (ii) releases of any security interests in the its Receivables, the Related Security, the Collections and the related Proceeds.

Appears in 1 contract

Sources: Receivables Sale Agreement (Henry Schein Inc)

Creditor Approval. Such Originator has obtained from its creditors (i) all approvals necessary to sell and assign the Receivables, the Related Security, the Collections and the related Proceeds and (ii) releases of any security interests in the Receivables, the Related Security, the Collections and the related Proceeds.

Appears in 1 contract

Sources: Receivables Sale Agreement (Amerisourcebergen Corp)