Effect of Payment of Purchase Price. Upon the payment of the ----------------------------------- Purchase Price (whether in cash or by an increase in the principal amount outstanding under the Buyer Note) for any purchase of Receivables and Related Rights, title to such Receivables and Related Rights shall vest in the Buyer, whether or not the conditions precedent to such purchase were in fact satisfied; provided that the Buyer shall not be deemed to have waived any claim it may have -------- under this Agreement for the failure by COMPUCOM in fact to satisfy any such condition precedent.
Appears in 3 contracts
Sources: Receivables Contribution and Sale Agreement (Compucom Systems Inc), Receivables Contribution and Sale Agreement (Compucom Systems Inc), Receivables Contribution and Sale Agreement (Safeguard Scientifics Inc Et Al)
Effect of Payment of Purchase Price. Upon the payment of ----------------------------------- the ----------------------------------- Purchase Price for any Purchase (whether in cash or by an increase in the principal amount outstanding under the Buyer Note) for any purchase of Receivables and Related Rightsa capital contribution), title to such Receivables and Related Rights the Purchased Assets included in the Purchase shall vest in the Buyer, whether or not the conditions precedent to such purchase the Purchase were in fact satisfied; provided provided, however, that the Buyer shall not be deemed to have waived any claim it may have -------- under this Agreement for the failure by COMPUCOM Seller in fact to satisfy any such condition precedent.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Healthcare Financial Partners Inc)