Responsibilities of the Originators. Anything herein to the contrary notwithstanding: (a) Each of the Originators agrees to deliver (and to immediately notify the Servicer (if not Feed) that it has delivered) directly to the Collection Account or any Lockbox Account (for the SPV Purchaser's account), within two (2) Business Days of receipt thereof or, if a Termination Event shall have occurred and be continuing or the Termination Period shall have commenced, immediately upon receipt thereof, any Collections that it receives, in the form so received, and agrees that all Collections shall be deemed to be received in trust for the SPV Purchaser and shall be maintained and segregated separate and apart from all other funds and moneys of such Originator until delivery of the Collections to the Collection Account or such Lockbox Account; (b) Each of the Originators agrees to instruct (i) all Obligors to cause all Collections to be sent either to a Lockbox that is the subject of a Lockbox Agreement and (ii) each Lockbox Bank or lockbox bank to deposit all Collections directly into a Lockbox Account that is the subject of a Lockbox Agreement. (c) Each of the Originators shall (i) perform all of its obligations hereunder and the Contracts related to the Receivables and Related Rights (and under its agreements with any lockbox banks) to the same extent as if the Receivables and Related Rights had not been sold or contributed hereunder (subject to the terms and conditions of this Agreement and the other Transaction Documents), and the exercise by the SPV Purchaser or its designee or assignee of the SPV Purchaser's rights hereunder or in connection herewith shall not relieve such Originator from such obligations and (ii) pay when due any taxes, including, without limitation, any sales taxes payable in connection with the Receivables and their creation and satisfaction. Notwithstanding anything to the contrary in this Agreement, none of the SPV Purchaser, the Administrator or the Purchasers under the Receivables Purchase Agreement shall have any obligation or liability with respect to any Receivable or Related Rights nor shall any of them be obligated to perform any of the obligations of any Originator under any of the foregoing.
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Responsibilities of the Originators. Anything herein to the contrary notwithstanding:
(a) : Collection Procedures. Each of the Originators Originator agrees to deliver (i) direct, or cause each Payment Processor to direct, its respective Obligors to make payments of Receivables sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder to one or more Collection Accounts or Lock-Boxes or Payment Processors and (ii) direct each Payment Processor to immediately notify the Servicer (if not Feed) remit all payments of Receivables sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder to one or more Collection Accounts or Lock-Boxes. Each Originator further agrees to transfer any Collections of Sold Receivables that it has delivered) receives directly to the a Collection Account or any Lockbox the Concentration Account (for the SPV Purchaser's account), within two (2) Business Days of receipt thereof or, if a Termination Event shall have occurred and be continuing or the Termination Period shall have commenced, immediately upon receipt thereof, any Collections that it receives, in the form so received, and agrees that all such Collections shall be deemed to be received in trust for the SPV Purchaser Company and shall the Administrator (as the Company’s assignee). Notwithstanding the foregoing requirements of this Section 7.2(a), until May 31, 2019, Collections on Receivables originated by Dynegy Energy Services, LLC may be maintained and segregated separate and apart from received into the Dynegy Account but only so long as all other funds and moneys of available Collections in such Originator until delivery of the Collections accounts are swept on a daily basis to the Collection Account or such Lockbox Concentration Account;
(b) Each of the Originators agrees to instruct (i) all Obligors to cause all Collections to be sent either to a Lockbox that is the subject of a Lockbox Agreement and (ii) each Lockbox Bank or lockbox bank to deposit all Collections directly into a Lockbox Account that is the subject of a Lockbox Agreement.
(ca) Each of the Originators Originator shall (i) perform all of its obligations hereunder and the Contracts related to the Receivables and Related Rights (and under its agreements with any lockbox banks) to the same extent as if the Receivables and Related Rights had not been sold or contributed hereunder (subject to the terms and conditions of this Agreement and the other Transaction Documents)hereunder, and the exercise by the SPV Purchaser Company or its designee or assignee of the SPV Purchaser's its rights hereunder or in connection herewith shall not relieve such Originator from such obligations and obligations.
(iib) pay when due any taxes, including, without limitation, any sales taxes payable in connection with the Receivables and their creation and satisfaction. Notwithstanding anything to the contrary in this Agreement, none of the SPV Purchaser, the Administrator or the Purchasers under the Receivables Purchase Agreement The Company shall have any no obligation or liability to any Obligor or any other Person with respect to any Receivable Receivables, Contracts related thereto or Related Rights any other related agreements, nor shall any of them the Company be obligated to perform any of the obligations of any Originator under thereunder.
(c) Each Originator hereby grants to the Servicer an irrevocable power of attorney, with full power of substitution, coupled with an interest, during the occurrence and continuation of a Purchase and Sale Termination Event or a Termination Event to take in the name of such Originator all steps necessary or advisable to endorse, negotiate or otherwise realize on any writing or other right of any kind held or transmitted by such Originator or transmitted or received by the Company (whether or not from such Originator) in connection with any Receivable or Related Rights sold, contributed or otherwise conveyed or purported to be conveyed by it hereunder. Each Originator hereby acknowledges and consents to the powers of attorney granted by the Company and the Servicer to the Administrator pursuant to Section 4.4(b) of the foregoingReceivables Purchase Agreement.
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