Sale, Contribution and Purchase of Accounts. On each Transfer Date until the Facility Termination Date and on the terms and conditions set forth herein, the Provider agrees to sell, without recourse except to the extent expressly provided herein, or contribute all of the Provider's Accounts to the Purchaser, and the Purchaser agrees to purchase or accept such contribution of the Provider's Accounts.
Appears in 2 contracts
Sources: Healthcare Receivables Purchase and Transfer Agreement (Nu Tech Bio Med Inc), Healthcare Receivables Purchase and Transfer Agreement (Physicians Clinical Laboratory Inc)
Sale, Contribution and Purchase of Accounts. On each Transfer Date until the Facility Termination Date and on the terms and conditions set forth herein, the each Provider agrees to sellsell or contribute, without recourse except to the extent expressly provided hereinof a required repurchase due to a breach of a representation or warranty, or contribute all of the Provider's Accounts to the Purchaser, and the Purchaser agrees to purchase or accept such contribution of, all of the such Provider's Accounts.
Appears in 1 contract
Sources: Receivables Purchase and Transfer Agreement (Mim Corp)