Yield and Fees. The Capital of each Purchaser shall accrue interest on each day when such Capital remains outstanding at the then-applicable Yield Rate for such Capital. The Seller shall pay all Yield and ▇▇▇▇ accrued during each Yield Period on the first Settlement Date occurring after the end of such Yield Period in accordance with the terms and priorities for payment set forth in Section 3.01(a). For the avoidance of doubt, ▇▇▇▇▇ accrued during each Yield Period shall be due and payable on the first Settlement Date after such Yield Period without regard to the availability of Collections for payment thereof.
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Sources: Receivables Purchase Agreement (Kinetik Holdings Inc.), Receivables Purchase Agreement (Labcorp Holdings Inc.), Receivables Purchase Agreement (Centuri Holdings, Inc.)
Yield and Fees. The Capital of each Purchaser shall accrue interest Yield on each day when such Capital remains outstanding at the then-applicable Yield Rate for such Capital. The Seller shall pay all Yield and ▇▇▇▇ accrued during each Yield Period on the first Settlement Date occurring after the end of such Yield Period in accordance with the terms and priorities for payment set forth in Section 3.01(a). For the avoidance of doubt, ▇▇▇▇▇ accrued during each Yield Period shall be due and payable on the first Settlement Date after such Yield Period without regard to the availability of Collections for payment thereof.
Appears in 2 contracts
Sources: Receivables Purchase Agreement (Rackspace Technology, Inc.), Receivables Purchase Agreement (Rackspace Technology, Inc.)
Yield and Fees. The Capital of each Purchaser shall accrue interest on each day when such Capital remains outstanding at the then-applicable Yield Rate for such Capital. The Seller shall pay all Yield and ▇▇▇▇ accrued during each Yield Period on the first Settlement Date occurring after the end of such Yield Period in accordance with the terms and priorities for payment set forth in Section 3.01(a). For the avoidance of doubt, ▇▇▇▇▇ accrued during each Yield Period shall be due and payable on the first Settlement Date after such Yield Period without regard to the availability of Collections for payment thereof.. 127256974\V-8
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Yield and Fees. The Capital of each Purchaser Purchaser/Lender shall accrue interest on each day when such Capital remains outstanding at the then-applicable Yield Rate for such Capital. The Seller SPE shall pay all Yield and ▇▇▇▇ accrued during each Yield Period on the first Settlement Date occurring after the end of such Yield Period in accordance with the terms and priorities for payment set forth in Section 3.01(a). For the avoidance of doubt, ▇▇▇▇▇ accrued during each Yield Period shall be due and payable on the first Settlement Date after such Yield Period without regard to the availability of Collections for payment thereof.
Appears in 1 contract
Sources: Receivables Purchase and Financing Agreement (Phillips 66)
Yield and Fees. The Capital of each Purchaser shall accrue interest Yield on each day when such Capital remains outstanding at the then-applicable Yield Rate for such Capital. The Seller shall pay all Yield and ▇▇▇▇ accrued during each Yield Period on the first Settlement Date occurring after the end of such Yield Period in accordance with the terms and priorities for payment set forth in Section 3.01(a). For the avoidance of doubt, ▇▇▇▇▇ accrued during each Yield Period shall be due and payable on the first Settlement Date after such Yield Period without regard to the availability of Collections for payment thereof.
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Yield and Fees. The Each Purchaser’s Capital of each Purchaser shall accrue interest Yield on each day when such Capital remains outstanding at the then-then applicable Yield Rate for such CapitalCapital (or each applicable portion thereof). The Seller shall pay all Yield (including, for the avoidance of doubt, all Yield accrued on LIBOR Tranches during a Yield Period regardless of whether the applicable Tranche Period has ended), Fees and ▇▇▇▇ Breakage Fees accrued during each Yield Period on the first each Settlement Date occurring after the end of such Yield Period in arrears in accordance with the terms and priorities for payment set forth in Section 3.01(a). For the avoidance of doubt, ▇▇▇▇▇ accrued during each Yield Period shall be due and payable on the first Settlement Date after such Yield Period without regard to the availability of Collections for payment thereof4.01.
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