Common use of Net Pool Balance Clause in Contracts

Net Pool Balance. Such Seller Party has determined that, immediately after giving effect to each purchase hereunder, the Net Pool Balance is at least equal to the sum of (i) the Aggregate Invested Amount, plus (ii) the Required Reserves.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Convergys Corp), Receivables Purchase Agreement (Convergys Corp)

Net Pool Balance. Such Seller Party has determined that, immediately after ---------------- giving effect to each purchase hereunder, the Net Pool Balance is at least equal to the sum of (i) the Aggregate Invested Amount, plus (ii) the Required Reserves.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Owens & Minor Inc/Va/)

Net Pool Balance. Such Seller Party has determined that, immediately after giving effect to each purchase hereunder, the Net Pool Balance is at least equal to the sum of (i) the Aggregate Invested Amount, plus (ii) the Required Reserves.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Convergys Corp)