Common use of Timing of Purchases Clause in Contracts

Timing of Purchases. (a) Closing Date Purchases. Each Originator's entire right, title and interest in, to and under (i) each Receivable that existed and was owing to such Originator at the Cut-off Date (other than Contributed Receivables), (ii) all Receivables created by such Originator from and including the Cut-off Date, to and including the Closing Date (other than Contributed Receivables), and (iii) all Related Rights with respect thereto automatically shall be deemed to have been sold by such Originator to the Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (CSS Industries Inc)

Timing of Purchases. (a) Closing Date Purchases. Each The Originator's entire right, title and interest in, to and under (i) each Receivable that existed and was owing to such the Originator at the Cut-off Date (other than Contributed Receivables), (ii) all Receivables created by such the Originator from and including the Cut-off Date, to and including the Closing Date (other than Contributed Receivables), and (iii) all Related Rights with respect thereto automatically shall be deemed to have been sold by such the Originator to the Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Ugi Corp /Pa/)

Timing of Purchases. (a) Closing Date Purchases. Each Originator's entire right, title and interest in, to and under in (i) each Receivable that existed and was owing to such Originator at the Cut-off Date (other than Contributed Receivables), (ii) all Receivables created by such Originator from and including the Cut-off Date, to and including the Closing Date (other than Contributed Receivables), and (iii) all Related Rights with respect thereto Rights, automatically shall be deemed to have been sold by such Originator to the Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Consol Energy Inc)

Timing of Purchases. (a) Closing Date Purchases. Each Originator's ’s entire right, title and interest in, to and under in (i) each Receivable that existed and was owing to such Originator at the Cut-off Date (other than Contributed Receivables), (ii) all Receivables created by such Originator from and including after the Cut-off Date, to and including the Closing Date (other than Contributed Receivables), and (iii) all Related Rights with respect thereto automatically shall be deemed to have been sold by such Originator to the Company on the Closing Date.Rights

Appears in 1 contract

Sources: Omnibus Amendment to Purchase and Sale Agreement, Receivables Purchase Agreement, and Performance Guaranty (Cooper Tire & Rubber Co)

Timing of Purchases. (a) Closing Date Purchases. Each The Originator's entire right, title ---------------------- and interest in, to and under in (i) each Receivable that existed and was owing to such the Originator at the Sale Cut-off Date (other than Contributed Receivables)Date, (ii) all Receivables created by such the Originator from and including the Sale Cut-off Date, to and including the Closing Date (other than Contributed Receivables)Date, and (iii) all Sale Related Rights with respect thereto automatically shall be deemed to have been sold by such Originator to the Company on the Closing Date.

Appears in 1 contract

Sources: Sale Agreement (KPMG Consulting Inc)

Timing of Purchases. (a) Initial Closing Date Purchases. Each Originator's entire right, title and interest in, to and under in (i) each Receivable that existed and was owing to such Originator at as of the Cut-off Date close of such Originator's business on the Initial Closing Date, (other than Contributed Receivables)than, (ii) all Receivables created by such Originator from and including the Cut-off Datewith respect to Union in its capacity as an Originator, to and including the Closing Date (other than Contributed Receivables), and (iiiii) all Related Rights with respect thereto automatically shall be deemed to have been sold by such Originator to the Company on the Initial Closing Date.

Appears in 1 contract

Sources: Purchase and Contribution Agreement (Fruit of the Loom Inc /De/)

Timing of Purchases. (a) Closing Date Purchases. Each Originator's entire right, title and interest in, to and under (i) in each Receivable Originator Account that existed and was owing to such Originator at as of the Cut-off Date (other than Contributed Receivables), (ii) all Receivables created by such Originator from and including the Cut-off Date, to and including close of Originator's business on Business Day before the Closing Date (other than Contributed Receivables), and (iii) all Related Rights with respect thereto automatically shall be deemed to have been sold by such Originator to the Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Werner Holding Co Inc /Pa/)

Timing of Purchases. (a) Closing Date Purchases. Each Originator's entire right, title and interest in, to and under in (i) each Receivable that existed and was owing to Originator as of the close of such Originator at Originator's business on the Cut-off Date Closing Date, (other than Contributed Receivables), (ii) all Receivables created by such Originator from and including the Cut-off Date, to and including the Closing Date (other than Contributed Receivables), and (iii) all Related Rights with respect thereto automatically shall be deemed to have been sold by such Originator to the Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Contribution Agreement (Imperial Sugar Co /New/)

Timing of Purchases. (a) Initial Closing Date Purchases. Each Originator's entire right, title and interest in, to and under in (i) each Receivable that existed and was owing to such Originator as at the Cut-off Date (other than Contributed Receivables)Date, (ii) all Receivables created by such Originator from and including the Cut-off Date, to and including the Closing Date (other than Contributed Receivables)Date, and (iii) all Related Rights with respect thereto automatically shall be deemed to have been sold by such Originator to the Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (First Brands Corp)

Timing of Purchases. (a) Closing Date Purchases. Each The Originator's entire right, title and interest in, to and under in (i) each Receivable that existed and was owing to such the Originator at as of the Cut-off Date opening of the Originator's business on the Closing Date, (other than Contributed Receivables), ) and (ii) all Receivables created by such Originator from and including the Cut-off Date, to and including the Closing Date (other than Contributed Receivables), and (iii) all Related Rights with respect thereto automatically shall be deemed to have been sold by such Originator to the Company on the Closing Date.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Minnesota Power & Light Co)