Effect of Payment of Purchase Price. Each Originator, by accepting the proceeds of the Purchase Price for a Purchase, shall be deemed to have certified to the Buyer the satisfaction of the conditions precedent described in the immediately preceding Section 3.
Appears in 2 contracts
Sources: Receivables Purchase and Sale Agreement (Outsource International Inc), Receivables Purchase and Sale Agreement (Outsource International Inc)
Effect of Payment of Purchase Price. Each The Originator, by accepting the proceeds of the Purchase Price for a Purchase, shall be deemed to have certified to the Buyer the satisfaction of the conditions precedent described in the immediately preceding Section 3.
Appears in 1 contract
Sources: Receivables Purchase and Sale Agreement (Synthetic Industries Inc)