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Common use of Eligible Contracts Clause in Contracts

Eligible Contracts. All Contracts included in the Initial Borrowing Base as of the most recently delivered Distribution Date Statement or Borrowing Base Confirmation are Eligible Contracts.

Appears in 2 contracts

Sources: Receivables Financing Agreement (United Pan Am Financial Corp), Receivables Financing Agreement (United Pan Am Financial Corp)

Related Clauses

  • Eligible Contract Participant
  • Eligible Consumers
  • Contract Payments
  • Eligible Collateral
  • Hedging Contracts

Parent Clauses

  • Representations and Warranties
  • AFFIRMATIVE COVENANTS
  • Information on Hydrocarbon Interests
  • Representations and Warranties of the Borrower
  • Representations and Warranties of Borrower

Sub-Clauses

  • Government Approvals
  • Validity and Binding Nature
  • Power and Authority; Due Authorization
  • Representations and Warranties of Servicer
  • Organization and Good Standing, Etc
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