Eligible Receivable. On the Effective Date, each Receivable ------------------- that is represented to be an Eligible Receivable on such date on the Originator Daily Reports is an Eligible Receivable on the Effective Date and, in the case of Receivables sold, transferred, assigned and conveyed to the Purchaser after the Effective Date, each such Receivable that is represented to be an Eligible Receivable sold, transferred, assigned and conveyed to the Purchaser on such Sale Date is an Eligible Receivable on such Sale Date.
Appears in 2 contracts
Sources: u.s. Receivables Purchase Agreement (Huntsman Ici Chemicals LLC), u.s. Receivables Purchase Agreement (Huntsman Ici Holdings LLC)
Eligible Receivable. On the Effective Date, each Receivable ------------------- that is represented to be an Eligible Receivable on such date on the Originator Daily Reports is an Eligible Receivable on the Effective Date and, in the case of Receivables sold, transferred, assigned and conveyed to the Purchaser after the Effective Date, each such Receivable that is represented to be an Eligible Receivable sold, transferred, assigned and conveyed to the Purchaser on such Sale Date is an Eligible Receivable on such Sale Date.
Appears in 1 contract
Sources: u.s. Receivables Purchase Agreement (Huntsman International LLC)