Eligible Receivable clause xxi

Example Definitions of "Eligible Receivable clause xxi"
Eligible Receivable clause xxi. In the case of the Receivables originated by a Person that is not a Seller prior to the time it merges with, or with and into a Seller, the Administrative Agent and the Insurer shall have received materials, satisfactory to it, necessary for it to have completed its due diligence with respect to such Person;
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