McKesson 2005 Annual Report Download - page 280

“Collection Account Agreement ” means an agreement substantially in the form of Exhibit VI ,or such other agreement in form and
substance acceptable to the Collateral Agent, among the Originator, Seller, the Collateral Agent and a Collection Bank.
“Collection Bank ” means, at any time, any of the banks holding one or more Collection Accounts.
“Collection Notice” means a notice, in substantially the form of Annex A to Exhibit VI, from the Collateral Agent to a Collection
Bank.
“Collection Period” means each calendar month.
“Collections” means, with respect to any Receivable, all cash collections and other cash proceeds in respect of such Receivable,
including, without limitation, all yield, finance charges or other related amounts accruing in respect thereof and all cash proceeds of Related
Security with respect to such Receivable.
“Commercial Paper” means promissory notes of any Conduit Purchaser issued by such Conduit Purchaser in the commercial paper
market.
“Commitment” means, for each Committed Purchaser, the commitment of such Committed Purchaser to purchase its Pro Rata Share
of Purchaser Interests from (i) Seller and (ii) the Conduit Purchasers, such Pro Rata Share not to exceed, in the aggregate, the amount set forth
opposite such Committed Purchaser’s name on Schedule A to this Agreement, as such amount may be modified in accordance with the terms
hereof.
“Committed Purchaser” has the meaning set forth in the preamble to this Agreement. As of the Effective Date, the Committed
Purchasers are Bank One, Wachovia, Scotia, Three Pillars, BTM and Rabobank.
“Concentration Limit” means, at any time, for any Obligor, the maximum amount of Receivables owned by the Seller which may be
owing from such Obligor, which at any time shall be equal to such Obligor’s Standard Concentration Limit or Special Concentration Limit, as
applicable by definition to such Obligor; provided, that in the case of an Obligor and any Affiliate of such Obligor, the Concentration Limit
shall be calculated as if such Obligor and such Affiliate are one Obligor.
“Conduit Purchaser” has the meaning set forth in the preamble to this Agreement. As of the Effective Date, the Conduit Purchasers
are PREFCO, Falcon, Blue Ridge, Liberty Street, Three Pillars, Gotham and Nieuw Amsterdam.
“Contingent Obligation” of a Person means any agreement, undertaking or arrangement by which such Person assumes, guarantees,
endorses, contingently agrees to purchase or provide funds for the payment of, or otherwise becomes or is contingently liable upon, the
obligation or liability of any other Person, or agrees to maintain the net worth or working capital or other financial condition of any other
Person, or otherwise assures any creditor of such other Person against loss, including, without limitation, any comfort letter, operating
agreement, take-or-pay contract or application for a letter of credit.
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