No Obligation to Take Action. Buyer has no obligation to perform Seller's obligations or to take action on any Purchased Receivable (including on defaulted Purchased Receivables).
Appears in 1 contract
Sources: Non Recourse Receivables Purchase Agreement (MMC Networks Inc)
No Obligation to Take Action. Buyer has a right, but no obligation obligation, to perform Seller's obligations or to take action on any Purchased Receivable (including on defaulted Purchased Receivables)obligations.
Appears in 1 contract
Sources: Note Purchase Agreement (Radius Inc)
No Obligation to Take Action. Buyer has a right, but no obligation obligation, to perform Seller's ’s obligations or to take action on any Purchased Receivable (including on defaulted Purchased Receivables).
Appears in 1 contract
Sources: Non Recourse Receivables Purchase Agreement (Deltagen Inc)
No Obligation to Take Action. Buyer has no obligation to perform Seller's Sellers obligations or to take action on any Purchased Receivable (including on defaulted Purchased Receivables).
Appears in 1 contract
Sources: Receivables Purchase Agreement (Credence Systems Corp)