TRANSFER AGREEMENT

 

                                                                    EXHIBIT 10.6
 
                              TRANSFER AGREEMENT

                        Dated as of September 30, 1996

         IKON CAPITAL, INC., a Delaware corporation (the "Originator"), and IKON
                                                      ----------            
FUNDING INC., a Delaware corporation (the "Transferee"), agree as follows:
                                           ----------                     

         PRELIMINARY STATEMENTS. (1) Certain terms which are capitalized and
used throughout this Agreement (in addition to those defined above) are defined
in Article I of this Agreement.

          (2)   The Originator has Receivables that it wishes to transfer to the
Transferee, and the Transferee is prepared to accept such Receivables on the
terms set forth herein.

                 NOW, THEREFORE, the parties agree as follows:

                                   ARTICLE I

                                  DEFINITIONS

         SECTION 1.01.  Certain Defined Terms.  As used in this Agreement, the
                        ---------------------                                 
following terms shall have the following meanings (such meanings to be equally
applicable to both the singular and plural forms of the terms defined):

         "Adverse Claim" means a lien, security interest, or other charge or
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encumbrance, or any other type of preferential arrangement.

         "Affiliate" means, as to any Person, any other Person that, directly
          ---------  
or indirectly, is in control of, is controlled by or is under common control
with such Person or is a director or officer of such Person.

         "Aggregate Adjusted Outstanding Balance"  means, with respect to any
          --------------------------------------                            
Receivables to be transferred pursuant to Section 2.02, the aggregate
Outstanding Balance of the Contracts related to such Receivables less the

Discount with respect to such Receivables as set forth in the Originator's
General Trial Balance.
 
         "Alternate Base Rate" means a fluctuating interest rate per annum as
          -------------------
shall be in effect from time to time, which rate shall be at all times equal to
the highest of:

         (a)   the rate of interest announced publicly by Royal Bank of Canada
    in New York, New York, from time to time as its base commercial lending
    rate;

         (b)   1/2 of one percent above the latest three-week moving average of
    secondary market morning offering rates in the United States for three-month
    certificates of deposit of major United States money market banks, such
    three-week moving average being determined weekly on each Monday (or, if
    such day is not a Business Day, on the next succeeding Business Day) for the
    three-week period ending on the previous Friday by Royal Bank of Canada on
    the basis of such rates reported by certificate of deposit dealers to and
    published by the Federal Reserve Bank of New York or, if such publication
    shall be suspended or terminated, on the basis of quotations for such rates
    received by Royal Bank of Canada from three New York certificate of deposit
    dealers of recognized standing selected by Royal Bank of Canada, in either
    case adjusted to the nearest 1/4 of one percent or, if there is no nearest
    1/4 of one percent, to the next higher 1/4 of one percent; and

         (c)   the Federal Funds Rate.

         "Applicable Percentage" means, with respect to any Transfer Amount
          ---------------------
payable with respect to Receivables, a percentage equal to the product of (a)
four, (b) the weighted average life of such Receivables expressed in years and
fractions thereof and as reported in the most recent Originator Report and (c)
the product of (i) average of the Default Ratios for the twelve months preceding
the related Transfer Date and (ii) 12.

         "Business Day" means any day on which banks are not authorized or
          ------------
required to close in New York City.

         "Collection Agent" means at any time the Person then authorized
          ----------------
pursuant to Section 6.01 to service, administer and collect Transferred
Receivables.

         "Collection Agent Fee" has the meaning specified in Section 6.03.
          --------------------                                            

         "Collections" means, with respect to any Receivable, (a) all cash
          -----------                                                     
collections and other cash proceeds of such Receivable, including, without
limitation, all cash proceeds of Related Security with respect to such
Receivable (including, without limitation, payments under the related Contract
due upon or in connection with (i) Obligor's default under the Contract, (ii)
loss, theft or damage to the related Equipment, or (iii) renewal of the
Contract); provided, that Collections shall not include collections which
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represent the payment of (x) maintenance charges or (y) insurance premiums, (b)
all Collections deemed to have been received pursuant to Section 2.04 and (c)
all other proceeds of such Receivable.

         "Contract" means a closed-end lease agreement between the Originator
          --------
and an Obligor having an original lease term not exceeding 60 months,
substantially in the form of one of the written contracts or (in the case of any
open account agreement) one of the written contracts approved by the Transferee,
pursuant to or under which such Obligor shall be obligated to pay for the lease
of equipment from time to time.

         "Credit and Collection Policy" means those receivables credit and
          ----------------------------
collection policies and practices of the Originator in effect on the date of
this Agreement applicable to the Receivables and described in Exhibit A hereto,
as modified in compliance with this Agreement.

         "Dealer" means each of the Persons set forth on Exhibit B hereto, as
          ------
such Exhibit may be amended from time to time by the Originator with the consent
of the Transferee.

         "Debt" means (i) indebtedness for borrowed money, (ii) obligations
          ----                                                             
evidenced by bonds, debentures, notes or other similar instruments, (iii)
obligations to pay the deferred purchase price of property or services, (iv)
obligations as lessee under leases which shall have been or should be, in
accordance with generally accepted accounting principles, recorded as capital
leases, (v) obligations under direct or indirect guaranties in respect of, and
obligations (contingent or otherwise) to purchase or otherwise acquire, or
otherwise to assure a creditor against loss in respect of, indebtedness or
obligations of others of the kinds referred to in clauses (i) through (iv)
above, and (vi) liabilities in respect of unfunded vested benefits under plans
covered by Title IV of ERISA.

         "Default Ratio" means the ratio (expressed as a percentage) computed
          -------------
as of the last day of each calendar month by dividing (i) the aggregate
Outstanding Balance of all Related Contracts having one or more Receivables that
were Defaulted Receivables on such day or that would have been Defaulted
Receivables on such day had they not been written off the books of the
Transferor during such month by (ii) the aggregate Outstanding Balance of all
Related Contracts on such day.

         "Defaulted Receivable" means a Receivable:
          --------------------                     

(i)    as to which any payment, or part thereof, remains unpaid for 120 more
       days from the original due date for such payment; or

(ii)   as to which the Obligor thereof or any other Person obligated thereon or
       owning any Related Security in respect thereof has taken any action, or
       suffered any event to occur, of the type described in Section 7.01(g); or

(iii)  which, consistent with the Credit and Collection Policy, would be
       retransferred to the related Dealer as uncollectible.

         "Designated Obligor" means, at any time, each Obligor: provided,
          ------------------                                    --------
however, that any Obligor shall cease to be a Designated Obligor upon notice by
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the Transferee to the Originator.

         "Designated States" means the states set forth on Exhibit C hereto,
          ----------------- 
as such Exhibit may be amended from time to time by the Originator with the
consent of the Transferee.

         "Dilution" means, with respect to any Receivable, the aggregate
          --------
amount of any reductions or adjustments in the Outstanding Balance of such
Receivable as a result of any defective, rejected, returned or repossessed
Equipment or services or any cash discount or other adjustment or setoff.

         "Discount" means, with respect to any group of Receivables, the product
          --------
of (a) the aggregate Outstanding Balance of the Related Contracts relating to
such Receivables and (b) the Applicable Percentage in respect of such
Receivables.

         "Eligible Receivable" means, at the relevant time of determination, a
          -------------------
Receivable:

(i)    the Obligor of which is a United States resident, is not an Affiliate of
       any of the parties hereto, and is not the federal government, the
       government of a Designated State or a governmental subdivision or agency
       of the federal government or the government of a Designated State;

(ii)   the Obligor of which has not been disapproved by the Transferee on or
       prior to the date of the Transfer and which, at the time of the Transfer,
       is not the Obligor of any Defaulted Receivables;

(iii)  which at the time of the Transfer is not a Defaulted Receivable;

(iv)   (a) which arises under a Contract with a remaining term of not more than
       60 months and (b) which, according to such Contract, consists of
       substantially equal monthly Periodic Payments which are required to be
       paid within 30 days of the billing date therefor;

(v)     which arose pursuant to a Contract which is "chattel paper" within the
        meaning of Section 9-105 of the UCC of the applicable jurisdictions
        governing the perfection of the interest created in the Receivables;

(vi)    which is denominated and payable in United States dollars in the United
        States;

(vii)   which arises under a Contract (a) which has been duly authorized and
        which, together with such Receivable, is in full force and effect and
        constitutes the legal, valid and binding obligation of the Obligor of
        such Receivable enforceable against such Obligor in accordance with its
        terms and is not subject to any dispute, offset, counterclaim or defense
        whatsoever (except as limited by applicable bankruptcy law), (b) in
        respect of which, prior to the date it is transferred hereunder, the
        Equipment has been delivered and accepted and (c) which pursuant to its
        terms is not cancellable by the lessee before the end of its stated
        term;

(viii)  which, together with the Contract related thereto, does not contravene
        in any material respect any laws, rules or regulations applicable
        thereto (including, without limitation, laws, rules and regulations
        relating to usury, consumer protection, truth in lending, consumer
        leasing, fair credit billing, fair credit reporting, equal credit
        opportunity, fair debt collection practices and privacy) and with
        respect to which none of the Transferor, the Originator or the related
        Obligor is in violation of any such law, rule or regulation in any
        material respect;

(ix)    with regard to which there exists only one executed original Contract,
        which is in the possession of the Originator on the Transfer Date of
        such Receivable;

(x)     which represents payments due to the Originator and does not represent
        any payments payable for the account of any Person other than the
        Originator under the Contract relating to such Receivable or any sales
        or use tax payable under such Contract;

(xi)    which satisfies all applicable requirements of the Credit and Collection
        Policy;

(xii)   which, after giving effect to the acquisition thereof, would not result
        in the aggregate Outstanding Balance of Related Contracts of any single
        Obligor exceeding 2% of the aggregate Outstanding Balance of all Related
        Contracts;

(xiii)  as to which, at or prior to the time of the Transfer, the Transferee has
        not notified the Originator that such Receivable (or class of
        Receivables) is not acceptable for transfer to the Transferee;

(xiv)   the transfer or assignment of which does not contravene any applicable
        law, rule or regulation; and

(xv)    which was originated by a Dealer.

         "Equipment" means, with respect to any Receivable, office, business
          ---------
or other equipment leased or sold to an Obligor by the Originator pursuant to a
Contract (including any modifications or substitutions of equipment pursuant to
the Original Contract giving rise to such Receivable).

         "ERISA" means the Employee Retirement Income Security Act of 1974, as
          -----                                                               
amended from time to time, and the regulations promulgated and rulings issued
thereunder.

         "Event of Termination" has the meaning specified in Section 7.01.
          --------------------                                            

         "Facility" means the willingness of the Transferee to consider
          --------
accepting Transfers of Receivables from the Originator from time to time
pursuant to the terms of this Agreement.

         "Facility Termination Date" means the earliest of (i) the Scheduled
          -------------------------                                         
Termination Date, (ii) the date of termination of the  Facility pursuant to
Section 7.01 and (iii) the date which the Originator designates by at least two
Business Days' notice to the Transferee.

         "Federal Funds Rate" means, with respect to any day, the rate set
          ------------------ 
forth in H.15(519) for that day opposite the caption "Federal Funds
                                                      -------------
(Effective)." If on any date of determination, such rate is not published in
- ---------- 
H.15(519), such rate will be the rate set forth in Composite 3:30 P.M.
Quotations for U.S. Government Securities for that day under the caption
"Federal Funds/Effective Rate." If on any date of determination, the appropriate
 ----------------------------
rate is not published in either H.15(519) or Composite 3:30 P.M. Quotations for
U.S. Government Securities, such rate will be the arithmetic mean of the rates
for the last transaction in overnight federal funds arranged by three leading
brokers of federal funds transactions in New York City prior to 9:00 a.m., New
York City time, on that day.

         "General Trial Balance" of the Originator on any date means the
          ---------------------                                        
Originator's accounts receivable trial balance (whether in the form of a
computer printout, magnetic tape or diskette) on such date, listing Obligors and
the Receivables respectively owed by such Obligors on such date together with
the aged Outstanding Balances of such Receivables, in form and substance
satisfactory to the Transferee.

         "Incipient Event of Termination" means an event that but for notice 
          ------------------------------                                       
or lapse of time or both would constitute an Event of Termination.

         "Indemnified Amounts" has the meaning specified in Section 8.01.
          -------------------                                            

         "Obligor" means a Person obligated to make payments to the Originator
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pursuant to a Contract; provided that in the event that any payments in respect
of a Contract are made by any other person, such other Person shall be deemed to
be an Obligor.

        "Originator Report" means a report, in form and substance satisfactory
         ----------------- 
to the Transferee, furnished by the Collection Agent to the Transferee pursuant
to Section 6.02(b).

        "Outstanding Balance" of any Contract at any date means the net
         -------------------
present value of the total Periodic Payments due to Transferor over the
remaining

term of the Contract(net of any security deposits or advance rental payments
received by Transferor) and not yet paid by the Obligor determined by
discounting on a monthly basis each such Periodic Payment from the Settlement
Date immediately following the calendar month in which such Periodic Payment is
due to the Settlement Date as of which such present value calculation is made at
a rate equal to the implied interest rate used by the Originator or the
applicable Dealer in originating such Contract (assuming a calendar year
consisting of twelve 30-day months).

         "Parent" means Alco Standard Corporation, an Ohio corporation.
          ------                                                       

         "Periodic Payments" means the aggregate base rental amounts coming
          -----------------
due on a monthly basis pursuant to the Contracts giving rise to Receivables,
excluding any maintenance charges or, with respect to Contracts covering
photocopiers, any per copy charges.

         "Person" means an individual, partnership, corporation (including a
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business trust), joint stock company, trust, unincorporated association, joint
venture or other entity, or a government or any political subdivision or agency
thereof.

         "Receivable" means the indebtedness of any Obligor under a Contract,
          ----------
and includes the right to payment of any interest or finance charges and other
obligations of such Obligor with respect thereto.

         "Receivables Transfer Agreement" means that certain Receivables
          ------------------------------
Transfer Agreement, dated as of the date hereof, among the Transferee, as
Originator, Old Line Funding Corp., as issuer, Royal Bank of Canada, as agent,
and the Originator, as originator and collection agent, as amended or restated
from time to time.

         "Receivables Transfer Request" has the meaning specified in Section
          ----------------------------                                      
2.02(a).

        "Related Contract" means, with respect to a Transfer Date, any
         ----------------
Contract included in the Contracts transferred to the Transferee pursuant to
Section 2.02 on such Transfer Date; provided, that after the Outstanding Balance
                                    --------
of such Contract has been collected, it shall no longer constitute a
"Related Contract" hereunder.

         "Related Security" means with respect to any Receivable:
          ----------------                                       

(i)     all other security interests or liens and property subject thereto
        (other than Equipment) from time to time purporting to secure payment of
        such Receivable, whether pursuant to the Contract related to such
        Receivable or otherwise, together with all financing statements signed
        by an Obligor describing any collateral securing such Receivable;

(ii)    all guaranties (other than the Support Agreement) insurance and other
        agreements or arrangements of whatever character from time to time
        supporting or securing payment of such Receivable (or insuring for loss
        or liability with respect to the related Equipment), whether pursuant to
        the Contract related to such Receivable or otherwise and all of the
        Transferor's rights (if any) to recourse, repurchase or indemnity
        against any dealer or other Person from which the Transferor purchased
        the Contract related to such Receivable; and

(iii)   the related Contract and all other books, records and other information
        (including, without limitation, computer programs, tapes, discs, punch
        cards, data processing software and related property and rights)
        relating to such Receivable and the related Obligor.
 
         "Scheduled Termination Date" shall mean September 30, 1997; provided
          --------------------------                                 --------
that unless the Transferee notifies the Originator in writing not less than 30
days prior to the then-current Scheduled Termination Date, the Scheduled
Termination Date shall be automatically extended to the date that is 364 days
following such Scheduled Termination Date.

         "Settlement Date" means the fifteenth calendar day of each month (or
          ---------------
if such day is not a Business Day, the immediately succeeding Business Day);
provided, however, that following the occurrence of an Event of Termination,
- --------  -------                                                           
Settlement Dates shall occur on such days as are selected from time to time by
the Transferee or its designee in a written notice to the Collection Agent.

         "Support Agreement" means the operating agreement, dated August 15,
          -----------------
1994 between the Originator and the Parent.

         "Transfer" means a transfer by the Originator of Receivables to the
          --------                                                          
Transferee pursuant to Article II.

         "Transfer Date" has the meaning specified in Section 2.02(a).
          -------------                                               

         "Transferee's Interest" means the sum of amounts paid by the
          ---------------------
Transferee to the Originator for each Transfer of Receivables from the
Originator pursuant to Section 2.02, reduced from time to time by Collections of
such Receivables actually received by the Transferee in excess of the applicable
portion of the Collections representing yield (assumed to be 10.75% unless
otherwise mutually agreed); provided, however, that such Transferee's Interest
                            --------  -------
shall not be reduced by any Collections to the extent that at any time such
Collections are rescinded or must otherwise be returned for any reason.

         "Transferred Receivable" means any Receivable which, pursuant to the
          ----------------------                                             
procedure described in Section 2.02(c), has been identified as a Transferred
Receivable.

         "UCC" means the Uniform Commercial Code as from time to time in
          ---
effect in the specified jurisdiction.

         SECTION 1.02.  Other Terms.  All accounting terms not specifically
                        -----------
defined herein shall be construed in accordance with generally accepted
accounting principles. All terms used in Article 9 of the UCC in the State of
New York, and not specifically defined herein, are used herein as defined in
such Article 9.

                                  ARTICLE II

               AMOUNTS AND TERMS OF TRANSFERS AND CONTRIBUTIONS

         SECTION 2.01.  Facility.  On the terms and conditions hereinafter set
                        --------
forth and without recourse (except to the extent as is specifically provided
herein), the Transferee may accept from the Originator Eligible Receivables of
the Originator from time to time during the period from the date hereof to the
Facility Termination Date. Each Transfer of Receivables shall include the
transfer to the Transferee of the Related Security and Collections with respect
thereto.

         SECTION 2.02.  Making Transfers.
                        ---------------- 

         (a) Transfers.  Each Transfer from the Originator shall be made on
             ---------
notice from the Originator to the Transferee given no later than 10:00 A.M. (New
York City time) on the date of such Transfer. Each such request for a Transfer
(each a "Receivables Transfer Request") shall specify the date of such Transfer
         ----------------------------
(which shall be a Business Day) and the proposed transfer amount (as determined
pursuant to Section 2.02(b)) for such Transfer. The Transferee shall promptly
notify the Originator whether it has determined to accept such Transfer. On the
date of each Transfer (each a "Transfer Date"), the Transferee shall, upon
                               ------------- 
satisfaction of the applicable conditions set forth in Article III, make
available to the Originator the Transfer Amount for such Transfer by deposit of
such amount in same day funds to the Originator's account designated by the
Originator.

         (b) Determination of Transfer Amount.  The Transfer Amount for the
             --------------------------------                              
Receivables that are the subject of any Transfer hereunder shall be determined
on or prior to the date of such Transfer, and shall be equal to the Aggregated
Adjusted Outstanding Balance of such Receivables.

         (c) Identification of Transferred Receivables.  On each Transfer Date,
             -----------------------------------------
a sufficient number of Eligible Receivables (that do not already constitute
Transferred Receivables hereunder) of the Originator shall be identified as

Transferred Receivables so that the Outstanding Balance of such Transferred
Receivables so identified shall result in the Transfer Amount determined in
accordance with Section 2.02(b).  The Transferred Receivables will be identified
by reference to the General Trial Balance of the Originator.  Starting with the
first Obligor listed on the General Trial Balance, each Eligible Receivable owed
by such Obligor (that does not already constitute a Transferred Receivable
hereunder) shall constitute a Transferred Receivable.  Additional Transferred
Receivables shall be identified in a similar manner by proceeding down the
General Trial Balance of the Originator, in alphabetical or numerical sequence
for subsequent Obligors.

         (d) Reconstruction of General Trial Balance.  If at any time the
             ---------------------------------------
Originator fails to generate its General Trial Balance, the Transferee shall
have the right to reconstruct such General Trial Balance so that a determination
of the Transferred Receivables can be made pursuant to Section 2.02(c). The
Originator agrees to cooperate with such reconstruction of the General Trial
Balance, including, without limitation, the delivery to the Transferee, upon the
Transferee's request, of copies of all Contracts and all records relating to the
Contracts and the Receivables.

         SECTION 2.03.  Collections.  (a)  Unless otherwise agreed, the
                        -----------
Collection Agent shall, on each Settlement Date, deposit into an account of the
Transferee or the Transferee's assignee all Collections of Transferred
Receivables then held by the Collection Agent.

         (b)  In the event that the Originator believes that Collections which
are not Collections of Transferred Receivables have been deposited into an
account of the Transferee or the Transferee's assignee, the Originator shall so
advise the Transferee and, on the Business Day following such identification,
the Transferee shall remit, or shall cause to be remitted, all Collections so
deposited which are identified, to the Transferee's satisfaction, to be
Collections of Receivables which are not Transferred Receivables to the
Originator.

        SECTION 2.04.  Settlement Procedures.  (a) If on any day the Outstanding
                       --------------------- 
Balance of any Transferred Receivable is reduced or adjusted as a

result of any defective, rejected, returned or repossessed Equipment or services
or any cash discount or other adjustment made by the Originator, or any setoff
or dispute between the Originator and an Obligor due to a claim arising out of
the same or any other transaction, the Originator shall be deemed to have
received on such day a Collection of such Transferred Receivable in the amount
of such reduction or adjustment.  If the Originator is not the Collection Agent,
the Originator shall pay to the Collection Agent on or prior to the next
Settlement Date all amounts deemed to have been received pursuant to this
subsection.

         (b)  Upon discovery by the Originator or the Transferee of a breach of
any of the representations and warranties made by the Originator in Section
4.01(i) with respect to any Transferred Receivable, such party shall give prompt
written notice thereof to the other party, as soon as practicable and in any
event within three Business Days following such discovery. The Originator shall
be deemed to have received a Collection in full of such Transferred Receivable,
and all other Receivables relating to the same Contract, and make available to
the Transferee on the next succeeding Settlement Date an amount equal to the
Outstanding Balance of such Transferred Receivable. Upon such amount being made
available, the Transferee shall retransfer such Transferred Receivables to the
Originator. Each retransfer of a Transferred Receivable shall include the
Related Security with respect to such Transferred Receivable. If the Originator
is not the Collection Agent, the Originator shall pay to the Collection Agent on
or prior to the next Settlement Date the amount required to be paid pursuant to
this subsection.

         (c)  Except as stated in subsection (a) or (b) of this Section 2.04 or
as otherwise required by law or the underlying Contract, all Collections from an
Obligor of any Transferred Receivable shall be applied to the Receivables of
such Obligor in the order of the age of such Receivables, starting with the
oldest such Receivable, unless such Obligor designates its payment for
application to specific Receivables.

         SECTION 2.05.  Fees.  The Originator agrees to pay to the Transferee a
                        ----
fee on the date of the initial Transfer of $100,000.

         SECTION 2.06.  Payments and Computations, Etc.  (a) All amounts to be
                        ------------------------------
paid or deposited by the Originator or the Collection Agent hereunder shall be
paid or deposited no later than 11:00 A.M. (New York City time) on the day when
due in same day funds to an account designated in writing by the Transferee to
the Originator on or prior to the initial Transfer hereunder.

         (b)  The Originator shall, to the extent permitted by law, pay to the
Transferee interest on any amount not paid or deposited by the Originator
(whether as Collection Agent or otherwise) when due hereunder at an interest
rate per annum equal to 2% per annum above the Alternate Base Rate, payable on
demand.

         (c)  All computations of interest and all computations of fees
hereunder shall be made on the basis of a year of 360 days for the actual number
of days elapsed. Whenever any payment or deposit to be made hereunder shall be
due on a day other than a Business Day, such payment or deposit shall be made on
the next succeeding Business Day and such extension of time shall be included in
the computation of such payment or deposit.

                                  ARTICLE III

                            CONDITIONS OF TRANSFERS

         SECTION 3.01.  Conditions Precedent to Initial Transfer from the
                        -------------------------------------------------
Originator.  The initial Transfer of Receivables from the Originator hereunder
- ----------
is subject to the conditions precedent that the Transferee shall have received
on or before the date of such Transfer the following, each (unless otherwise
indicated) dated such date, in form and substance satisfactory to the
Transferee:

         (a)  Certified copies of the resolutions of the Board of Directors of
the Originator approving this Agreement and certified copies of all documents
evidencing other necessary corporate action and governmental approvals, if any,
with respect to this Agreement.

         (b)  A certificate of the Secretary or Assistant Secretary of the
Originator certifying the names and true signatures of the officers of the
Originator authorized to sign this Agreement and the other documents to be
delivered by it hereunder.

         (c)  Acknowledgment copies or time stamped receipt copies of proper
financing statements, duly filed on or before the date of the initial Transfer,
naming the Originator as the debtor and the Transferee as the secured party, or
other similar instruments or documents, as the Transferee may deem necessary or
desirable under the UCC of all appropriate jurisdictions or other applicable law
to perfect the Transferee's security interest in the Transferred Receivables and
Related Security and Collections with respect thereto.

         (d)  Acknowledgment copies or time stamped receipt copies of proper
financing statements, if any, necessary to release all security interests and
other rights of any Person in the Transferred Receivables, Contracts or Related
Security previously granted by the Originator.

         (e)  Completed requests for information, dated on or before the date of
such initial Transfer, listing the financing statements referred to in
subsection (c) above and all other effective financing statements filed in the
jurisdictions referred to in subsection (c) above that name the Originator as
debtor, together with copies of such other financing statements (none of which
shall cover any Transferred Receivables, Contracts or Related Security).

         (f)  Payment by the Transferee to the Originator for the initial
Transfer hereunder will constitute acknowledgment that the conditions set forth
above have been satisfied or waived.

         SECTION 3.02.  Conditions Precedent to All Transfers.  Each Transfer
                        -------------------------------------                
(including the initial Transfer) hereunder shall be subject to the further
conditions precedent that:

         (a)  With respect to any such Transfer, on or prior to the date of such
Transfer, the Originator shall have delivered to the Transferee, (i) if

requested by the Transferee, the Originator's General Trial Balance (which if in
magnetic tape or diskette format shall be compatible with the Transferee's
computer equipment) as of a date not more than 31 days prior to the date of such
Transfer, and (ii) a written report identifying, among other things, the
Receivables to be included in such Transfer and the then outstanding Transferred
Receivables and the aged balance thereof, in each case correlated to Transfers;

         (b)  With respect to any such Transfer, on or prior to the date of such
Transfer, the Collection Agent shall have delivered to the Transferee, in form
and substance satisfactory to the Transferee, a completed Originator Report for
the most recently ended reporting period for which information is required
pursuant to Section 6.02(b) and containing such additional information as may
reasonably be requested by the Transferee;

         (c)  At the request of the Transferee or its assignee, the Originator
shall have marked its master data processing records and each Contract giving
rise to Transferred Receivables and all other relevant records evidencing the
Receivables which are the subject of such Transfer with a legend, acceptable to
the Transferee, stating that such Receivables, the Related Security and
Collections with respect thereto, have been transferred in accordance with this
Agreement; and

         (d)  On the date of such Transfer the following statements shall be
true (and the Originator, by accepting the amount of such Transfer, shall be
deemed to have certified that):

(i)     The representations and warranties contained in Section 4.01 are correct
        on and as of the date of such Transfer as though made on and as of such
        date,

(ii)    No event has occurred and is continuing, or would result from such
        Transfer, that constitutes an Event of Termination or would constitute
        an Incipient Event of Termination; and

(iii)   The Transferee shall not have delivered to the Originator a notice that
        the Originator shall not make any further Transfers hereunder; and

         (e)  The Transferee shall have received such other approvals, opinions
or documents as the Transferee may reasonably request.

                                  ARTICLE IV

                        REPRESENTATIONS AND WARRANTIES

         SECTION 4.01.  Representations and Warranties of the Originator. The
                        ------------------------------------------------     
Originator represents and warrants as follows:

         (a)  The Originator is a corporation duly incorporated, validly
existing and in good standing under the laws of Delaware, and is duly qualified
to do business, and is in good standing, in every jurisdiction where the nature
of its business requires it to be so qualified, unless the failure to so qualify
would not have a material adverse effect on (i) the interests of the Transferee
hereunder, (ii) the collectibility of the Transferred Receivables, or (iii) the
ability of the Originator or the Collection Agent to perform their respective
obligations hereunder.

         (b)  The execution, delivery and performance by the Originator of this
Agreement and the other documents to be delivered by it hereunder, including the
Originator's transfer of Receivables hereunder, (i) are within the Originator's
corporate powers, (ii) have been duly authorized by all necessary corporate
action, (iii) do not contravene (1) the Originator's charter or by-laws, (2) any
law, rule or regulation applicable to the Originator, (3) any contractual
restriction binding on or affecting the Originator or its property or (4) any
order, writ, judgment, award, injunction or decree binding on or affecting the
Originator or its property, and (iv) do not result in or require the creation of
any lien, security interest or other charge or encumbrance upon or with respect
to any of its properties (except for the transfer of the Originator's interest
in the Transferred Receivables pursuant to this Agreement).  This Agreement has
been duly executed and delivered by the Originator.

         (c)  No authorization or approval or other action by, and no notice to
or filing with, any governmental authority or regulatory body is required for
the due execution, delivery and performance by the Originator of this Agreement
or any other document to be delivered thereunder.

         (d)  This Agreement constitutes the legal, valid and binding obligation
of the Originator enforceable against the Originator in accordance with its
terms.

         (e)  The balance sheets of the Originator and its subsidiaries as at
September 30, 1995 and June 30, 1996, and the related statements of income and
retained earnings of the Originator and its subsidiaries for the fiscal year
then ended, copies of which have been furnished to the Transferee, fairly
present the financial condition of the Originator and its subsidiaries as at
such date and the results of the operations of the Originator and its
subsidiaries for the period ended on such date, all in accordance with generally
accepted accounting principles consistently applied, and since June 30, 1996
there has been no material adverse change in the business, operations, property
or financial or other condition of the Originator.

         (f)  There is no pending or threatened action or proceeding affecting
the Originator or any of its subsidiaries before any court, governmental agency
or arbitrator which may materially adversely affect the financial condition or
operations of the Originator or any of its subsidiaries or the ability of the
Originator to perform its obligations under this Agreement, or which purports to
affect the legality, validity or enforceability of this Agreement.

         (g)  No proceeds of any Transfer will be used to acquire any equity
security of a class which is registered pursuant to Section 12 of the Securities
Exchange Act of 1934, as amended.

         (h)  No transaction contemplated hereby requires compliance with any
bulk sales act or similar law.

         (i)  Each Receivable purported to be transferred by the Originator
hereunder is an Eligible Receivable, the Originator has the right to transfer
each Transferred Receivable, together with the Related Security, free and clear
of any Adverse Claim (other than any Adverse Claim arising solely as the result
of any action taken by the Transferee). When the Transferee accepts a Transfer,
it shall acquire a valid and perfected first priority security interest in each
Transferred Receivable and the Related Security and Collections with respect
thereto free and clear of any Adverse Claim (other than any Adverse Claim
arising solely as the result of any action taken by the Transferee), and no
effective financing statement or other instrument similar in effect covering any
Transferred Receivable, any interest therein, the Related Security or
Collections with respect thereto is on file in any recording office except for
those filed in favor of the Originator, as secured party, which cover only
Equipment, accessories, attachments and additions thereto (and substitutions and
proceeds thereof) and such as may be filed in favor of Transferee in accordance
with this Agreement or in connection with any Adverse Claim arising solely as
the result of any action taken by the Transferee.

         (j)  Each Originator Report (if prepared by the Originator, or to the
extent that information contained therein is supplied by the Originator),
information, exhibit, financial statement, document, book, record or report
furnished or to be furnished at any time by the Originator to the Transferee in
connection with this Agreement is or will be accurate in all material respects
as of its date or (except as otherwise disclosed to the Transferee at such time)
as of the date so furnished, and no such document contains or will contain any
untrue statement of a material fact or omits or will omit to state a material
fact necessary in order to make the statements contained therein, in the light
of the circumstances under which they were made, not misleading.

        (k)  The principal place of business and chief executive office of the
Originator and the office where the Originator keeps its records concerning the
Transferred Receivables are located at the respective addresses set forth on
Exhibit D hereof.

         (m)  The Originator is not known by and does not use any trade name or
doing-business-as name.

         (n)  With respect to any programs used by the Originator in the
servicing of the Receivables, no sublicensing agreements are necessary in
connection with the designation of a new Collection Agent pursuant to Section
6.01(b) so that such new Collection Agent shall have the benefit of such
programs (it being understood that, however, the Collection Agent, if other than
          -- ----- ---------- ---- 
the Originator, shall be required to be bound by a confidentiality agreement
reasonably acceptable to the Originator).

         (o)  The transfers of Receivables by the Originator to the Transferee
pursuant to this Agreement, and all other transactions between the Originator
and the Transferee, have been and will be made in good faith and without intent
to hinder, delay or defraud creditors of the Originator.

         (p)  If less than all of the Receivables of the Originator have been
transferred to the Transferee pursuant to this Agreement, no selection procedure
was utilized by the Originator in selecting the Transferred Receivables to be
transferred to the Transferee hereunder which is adverse to the interests of the
Transferee or would reasonably be expected to result in the Transferred
Receivables containing a higher percentage of Defaulted Receivables than the
percentage of Defaulted Receivables in the Receivables retained by the
Originator.  With respect to each Transferred Receivable, such Receivable is
representative of all of the Receivables owned by the Originator.

         (q)  Each Contract giving rise to a Receivable provides for Periodic
Payments that will fully amortize such Receivable over the term of the Contract
related thereto and, except in accordance with the Credit and Collection Policy,
the Originator has not extended or amended, modified or waived the terms of any
Receivable or any Contract relating to any Receivable.

         (r)  The principal place of business and chief executive office of the
Transferor and the office where the Transferor keeps its records concerning

the Receivables are located at the respective addresses set forth on Exhibit D
hereof.

                                   ARTICLE V

                                   COVENANTS

     SECTION 5.01.  A.   Covenants of the Originator.  From the date hereof
                         ---------------------------                       
until the first day following the Facility Termination Date on which all of the
Transferred Receivables are either collected in full or become Defaulted
Receivables:

     (a) Compliance with Laws, Etc.  The Originator will comply in all material
         -------------------------                                             
respects with all applicable laws, rules, regulations and orders and preserve
and maintain its corporate existence, rights, franchises, qualifications and
privileges except to the extent that the failure so to comply with such laws,
rules and regulations or the failure so to preserve and maintain such existence,
rights, franchises, qualifications, and privileges would not materially
adversely affect the collectibility of the Transferred Receivables or the
ability of the Originator to perform its obligations under this Agreement.

     (b) Offices, Records and Books of Account.  The Originator will keep its
         -------------------------------------                               
principal place of business and chief executive office and the office where it
keeps its records concerning the Transferred Receivables at the respective
addresses set forth on Exhibit D hereof or, upon 30 days' prior written notice
to the Transferee, at any other locations in jurisdictions where all actions
required by Section 5.01(i) shall have been taken and completed.  The Originator
also will maintain and implement administrative and operating procedures
(including, without limitation, an ability to recreate records evidencing
Transferred Receivables and related Contracts in the event of the destruction of
the originals thereof), and keep and maintain all documents, books, records and
other information reasonably necessary or advisable for the collection of all
Transferred Receivables (including, without limitation, records adequate to
permit the daily identification of each new Transferred Receivable and all

Collections of and adjustments to each existing Transferred Receivable).  The
Originator shall make a notation in its books and records, including its
computer files, to indicate which Receivables have been transferred to the
Transferee hereunder.

     (c) Performance and Compliance with Contracts and Credit and Collection
         -------------------------------------------------------------------
Policy.  The Originator will, at its expense, timely and fully perform and
- ------                                                                    
comply with all material provisions, covenants and other promises required to be
observed by it under the Contracts related to the Transferred Receivables, and
timely and fully comply in all material respects with the Credit and Collection
Policy in regard to each Transferred Receivable and the related Contract.

     (d) Sales, Liens, Etc.  Except for the transfers contemplated herein, the
         -----------------                                                    
Originator will not sell, assign (by operation of law or otherwise) or otherwise
dispose of, or create or suffer to exist any Adverse Claim upon or with respect
to, any Transferred Receivable, Related Security, related Contract or
Collections, or upon or with respect to any account to which any Collections of
any Transferred Receivables are sent, or assign any right to receive income in
respect thereof.

     (e) Extension or Amendment of Transferred Receivables.  Except as provided
         -------------------------------------------------                     
in Section 6.02(c), the Originator will not extend, amend or otherwise modify
the terms of any Transferred Receivable, or amend, modify or waive any term or
condition of any Contract related thereto.  The Originator shall notify the
Transferee promptly upon any change in the implied interest rate used by the
Originator or any Dealer in originating Contracts.

     (f) Change in Business or Credit and Collection Policy.  The Originator
         --------------------------------------------------                 
will not make any change in the character of its business or in the Credit and
Collection Policy that would, in either case, materially adversely affect the
collectibility of the Transferred Receivables or the ability of the Originator
to perform its obligations under this Agreement.

          (g)  Audits.  The Originator will, from time to time during regular
               ------
business hours as requested by the Transferee or its assigns, permit the
Transferee, or its agents, representatives or assigns, (i) to examine and make
copies of and abstracts from all books, records and documents (including,
without limitation, computer tapes and disks) in the possession or under the
control of the Originator relating to Transferred Receivables and the Related
Security, including, without limitation, the related Contracts, and (ii) to
visit the offices and properties of the Originator for the purpose of examining
such materials described in clause (i) above, and to discuss matters relating to
Transferred Receivables and the Related Security or the Originator's performance
hereunder or under the Contracts with any of the officers or employees of the
Originator having knowledge of such matters.

          (h)  Change in Payment Instructions to Obligors. The Originator will
               ------------------------------------------
not make any change in its instructions to Obligors regarding payments to be
made by it unless the Transferee shall have received notice of such change.

          (i)  Further Assurances.
               ------------------ 

               (i)  The Originator agrees from time to time, at its expense,
     promptly to execute and deliver all further instruments and documents, and
     to take all further actions, that may be necessary or desirable, or that
     the Transferee or its assignee may reasonably request, to perfect, protect
     or more fully evidence the transfer of Receivables under this Agreement, or
     to enable the Transferee or its assignee to exercise and enforce its
     respective rights and remedies under this Agreement. Without limiting the
     foregoing, the Originator will, upon the request of the Transferee or its
     assignee, (A) execute and file such financing or continuation statements,
     or amendments thereto, and such other instruments and documents, that may
     be necessary or desirable to perfect, protect or evidence such Transferred
     Receivables; and (B) deliver to the Transferee copies of all Contracts
     relating to the Transferred Receivables and all records relating to such
     Contracts and the Transferred Receivables, whether in hard copy or in
     magnetic tape or diskette format (which if in magnetic tape or diskette
     format shall be compatible with the Transferee's computer equipment).

               (ii)   The Originator authorizes the Transferee or its assignee
      to file financing or continuation statements, and amendments thereto and
      assignments thereof, relating to the Transferred Receivables and the
      Related Security, the related Contracts and the Collections with respect
      thereto without the signature of the Originator where permitted by law. A
      photocopy or other reproduction of this Agreement shall be sufficient as a
      financing statement where permitted by law.

               (iii)  The Originator shall perform its obligations under the
      Contracts related to the Transferred Receivables to the same extent as if
      the Transferred Receivables had not been transferred.

          (j)  Reporting Requirements.  The Originator will provide to the
               ----------------------
Transferee the following:

(i)   as soon as available and in any event within 60 days after the end of the
      first three quarters of each fiscal year of the Originator, balance sheets
      of the Originator and its subsidiaries as of the end of such quarter and
      statements of income and retained earnings of the Originator and its
      subsidiaries for the period commencing at the end of the previous fiscal
      year and ending with the end of such quarter, certified by the chief
      financial officer of the Originator;

(ii)  as soon as available and in any event within 120 days after the end of
      each fiscal year of the Originator, a copy of the annual report for such
      year for Alco Standard Corporation and the Annual Report on Form 10-K for
      the Originator and its subsidiaries, containing financial statements for
      such year audited by Ernst & Young or other independent public accountants
      acceptable to the Agent;

(iii) as soon as possible and in any event within five days after the occurrence
      of each Event of Termination or Incipient Event of Termination, a
      statement of the chief financial officer of the Originator setting forth
      details of such Event of Termination or Incipient Event of Termination and
      the

       action that the Originator has taken and proposes to take with respect
       thereto;

(iv)   promptly after the sending or filing thereof, copies of all reports that
       the Originator sends to any of its securityholders, and copies of all
       reports and registration statements that the Originator or any subsidiary
       files with the Securities and Exchange Commission or any national
       securities exchange;

(v)    promptly after the filing or receiving thereof, copies of all reports and
       notices that the Originator or any Affiliate files under ERISA with the
       Internal Revenue Service or the Pension Benefit Guaranty Corporation or
       the U.S. Department of Labor or that the Originator or any Affiliate
       receives from any of the foregoing or from any multiemployer plan (within
       the meaning of Section 4001(a)(3) of ERISA) to which the Originator or
       any Affiliate is or was, within the preceding five years, a contributing
       employer, in each case in respect of the assessment of withdrawal
       liability or an event or condition which could, in the aggregate, result
       in the imposition of liability on the Originator and/or any such
       Affiliate in excess of $5,000,000;

(vi)   at least ten Business Days prior to any change in the Originator's name,
       a notice setting forth the new name and the effective date thereof;

(vii)  concurrently with the delivery of each Originator Report by the
       Collection Agent, a statement as to whether or not all of the Receivables
       under all Contracts arising during the immediately preceding month have
       been transferred by the Originator to the Transferee and, if less than
       all of such Receivables have been transferred, a summary of those
       Receivables not transferred; and

(viii) such other information respecting the Transferred Receivables or the
       condition or operations, financial or otherwise, of the Originator as the
       Transferee may from time to time reasonably request.

          (k)  Separate Conduct of Business.  The Originator will:
               ----------------------------                       

(i)    maintain separate corporate records and books of account from those of
       the Transferee;

(ii)   conduct its business from an office separate from that of the Transferee;

(iii)  ensure that all oral and written communications, including without
       limitation, letters, invoices, purchase orders, contracts, statements and
       applications, will be made solely in its own name;

(iv)   have stationery and other business forms and a mailing address and a
       telephone number separate from those of the Transferee;

(v)    not hold itself out as having agreed to pay, or as being liable for, the
       obligations of the Transferee;

(vi)   not engage in any transaction with the Transferee except as contemplated
       by this Agreement or as permitted by the Receivables Transfer Agreement;

(vii)  continuously maintain as official records the resolutions, agreements and
       other instruments underlying the transactions contemplated by this
       Agreement; and

(viii) disclose on its annual financial statements the effects of the
       transactions contemplated by this Agreement in accordance with generally
       accepted accounting principles.

               B.   Covenants of the Transferee.  From the date hereof until the
                    ---------------------------                                 
termination of this Agreement, the Transferee will:

(a)    maintain separate corporate records and books of account from those of
       the Originator;

(b)    conduct its business from an office separate from that of the Originator;

(c)  ensure that all oral and written communications, including without
     limitation, letters, invoices, purchase orders, contracts, statements and
     applications, will be made solely in its own name;

(d)  have stationery and other business forms and a mailing address and a
     telephone number separate from those of the Originator;

(e)  not hold itself out as having agreed to pay, or as being liable for, the
     obligations of the Originator; and

(f)  continuously maintain as official records the resolutions, agreements and
     other instruments underlying the transactions contemplated by this
     Agreement.

          SECTION 5.02.  Grant of Security Interest.  To secure all obligations
                         --------------------------
of the Originator arising in connection with this Agreement, and each other
agreement entered into in connection with this Agreement, including, without
limitation, Indemnified Amounts, payments on account of Collections received or
deemed to be received, and any other amounts due the Transferee hereunder, the
Originator hereby assigns and grants to Transferee, a security interest in all
of the Originator's right, title and interest now or hereafter existing in, to
and under all Receivables originated by Dealers, the Related Security and all
Collections with respect thereto which do not constitute Transferred
Receivables.

                                  ARTICLE VI

                         ADMINISTRATION AND COLLECTION

          SECTION 6.01.  Designation of Collection Agent.  The servicing,
                         -------------------------------                 
administration and collection of the Transferred Receivables shall be conducted
by such Person (the "Collection Agent") so designated hereunder from time to
                     ----------------                                       
time.  Until the Transferee or its assignee gives notice to the Originator of
the designation of a new Collection Agent, the Originator is hereby designated
as,

and hereby agrees to perform the duties and obligations of, the Collection Agent
pursuant to the terms hereof.  The Originator agrees that such notice may be
given at any time in the Transferee's or assignee's discretion.  Upon the
Originator's receipt of such notice, the Originator agrees that it will
terminate its activities as Collection Agent hereunder in a manner which the
Transferee (or its designee) believes will facilitate the transition of the
performance of such activities to the new Collection Agent, and the Originator
shall use its best efforts to assist the Transferee (or its designee) to take
over the servicing, administration and collection of the Transferred
Receivables, including, without limitation, providing access to and copies of
all computer tapes or disks and other documents or instruments that evidence or
relate to Transferred Receivables maintained in its capacity as Collection Agent
and access to all employees and officers of the Originator responsible with
respect thereto.  The Transferee at any time after giving such notice may
designate as Collection Agent any Person (including itself) to succeed the
Originator or any successor Collection Agent, if such Person shall consent and
agree to the terms hereof.  The Collection Agent may, with the prior consent of
the Transferee, subcontract with any other Person for the servicing,
administration or collection of Transferred Receivables.  Any such subcontract
shall not affect the Collection Agent's liability for performance of its duties
and obligations pursuant to the terms hereof.

          SECTION 6.02.  Duties of Collection Agent.  (a)   The Collection Agent
                         --------------------------                             
shall take or cause to be taken all such actions as may be necessary or
advisable to collect each Transferred Receivable from time to time, all in
accordance with applicable laws, rules and regulations, with reasonable care and
diligence, and in accordance with the Credit and Collection Policy.  The
Transferee hereby appoints the Collection Agent, from time to time designated
pursuant to Section 6.01, as agent to enforce its rights in the Transferred
Receivables, the Related Security and the Collections with respect thereto.  In
performing its duties as Collection Agent, the Collection Agent shall exercise
the same care and apply the same policies as it would exercise and apply if it
owned the Transferred Receivables and shall act in the best interests of the
Transferee and its assignees.

          (b)  Prior to the 15th calendar day of each month, the Collection
Agent shall prepare and forward to the Transferee (i) an Originator Report,
relating to all then outstanding Transferred Receivables, and the Related
Security and Collections with respect thereto, in each case, as of the close of
business of the Collection Agent on the last day of the immediately preceding
month, and (ii) if requested by the Transferee, a listing by Obligor of all
Transferred Receivables correlating Transferred Receivables and Transfers,
together with an aging report of such Transferred Receivables.

          (c)  If no Event of Termination or Incipient Event of Termination
shall have occurred and be continuing, the Originator, while it is the
Collection Agent, may, in accordance with the Credit and Collection Policy,
extend the maturity or adjust the Outstanding Balance of any Transferred
Receivable as the Originator deems appropriate to maximize Collections thereof.

          (d)  The Originator shall deliver to the Collection Agent, and the
Collection Agent shall hold in trust for the Originator and the Transferee in
accordance with their respective interests, all documents, instruments and
records (including, without limitation, computer tapes or disks) which evidence
or relate to Transferred Receivables.

          (e)  The Collection Agent shall as soon as practicable following
receipt turn over to the Originator any cash collections or other cash proceeds
received with respect to Receivables not constituting Transferred Receivables
less all reasonable and appropriate out-of-pocket costs and expenses of the
Collection Agent of servicing, collecting and administering the Receivables to
the extent not covered by the Collection Agent Fee received by it.

          (f)  The Collection Agent also shall perform the other obligations of
the "Collection Agent" set forth in this Agreement with respect to the
Transferred Receivables.

          SECTION 6.03.  Collection Agent Fee.  The Transferee shall pay to the
                         --------------------                                  
Collection Agent, so long as it is acting as the Collection Agent hereunder, a
periodic collection fee (the "Collection Agent Fee") of 1.50% per annum on the
                              --------------------                            

average daily outstanding Transferee's Interest with respect to the Transferred
Receivables, payable on the fifteenth calendar day of each month (or, if such
day is not a Business Day, the immediately succeeding Business Day) or such
other day during each calendar month as the Transferee and the Collection Agent
shall agree.  The Collection Agent Fee shall be payable from Collections.  So
long as the Originator is acting as the Collection Agent hereunder, amounts paid
as the Collection Agent Fee pursuant to this Section 6.03 shall reduce, on a
dollar-for-dollar basis, the obligation of the Transferee to pay the "Collection
                                                                      ----------
Agent Fee" pursuant to Section 1.04(c) of the Receivables Transfer Agreement,
- ---------                                                                    
provided that such obligation of the Transferor shall in no event be reduced
below zero.

          SECTION 6.04.  Certain Rights of the Transferee.  (a) The Transferee
                         --------------------------------
may, at any time, give notice of the transfer of Transferred Receivables and/or
direct the Obligors of Transferred Receivables and any Person obligated on any
Related Security, or any of them, that payment of all amounts payable under any
Transferred Receivable shall be made directly to the Transferee or its designee.

          (b)  The Originator shall, at any time upon the Transferee's request
and at the Originator's expense, give notice of the transfer of Transferred
Receivables to each Obligor of Transferred Receivables and direct that payments
of all amounts payable under such Transferred Receivables be made directly to
the Transferee or its designee.

          (c)  At the Transferee's request and at the Originator's expense, the
Originator and the Collection Agent shall (i) assemble all of the documents,
instruments and other records (including, without limitation, computer tapes and
disks) that evidence or relate to the Transferred Receivables, and the related
Contracts and Related Security, or that are otherwise necessary or desirable to
collect the Transferred Receivables, and shall make the same available to the
Transferee at a place selected by the Transferee or its designee, and (ii)
segregate all cash, checks and other instruments received by it from time to
time constituting Collections of Transferred Receivables in a manner acceptable
to the Transferee and, promptly upon receipt, remit all such cash, checks and
instruments, duly indorsed or with duly executed instruments of transfer, to the

Transferee or its designee.  The Transferee shall also have the right to make
copies of all such documents, instruments and other records at any time.

          (d)  The Originator authorizes the Transferee to take any and all
steps in the Originator's name and on behalf of the Originator that are
necessary or desirable, in the determination of the Transferee, to collect
amounts due under the Transferred Receivables.

          SECTION 6.05.  Rights and Remedies.  (a) If the Originator or the
                         -------------------                                 
Collection Agent fails to perform any of its obligations under this Agreement,
the Transferee may (but shall not be required to) itself perform, or cause
performance of, such obligation, and, if the Originator (as Collection Agent or
otherwise) fails to so perform, the costs and expenses of the Transferee
incurred in connection therewith shall be payable by the Originator as provided
in Section 8.01 or Section 9.04 as applicable.

          (b)  The Originator shall perform all of its obligations under the
Contracts related to the Transferred Receivables to the same extent as if the
Originator had not transferred Receivables hereunder and the exercise by the
Transferee of its rights hereunder shall not relieve the Originator from such
obligations or its obligations with respect to the Transferred Receivables. The
Transferee shall not have any obligation or liability with respect to any
Transferred Receivables or related Contracts, nor shall the Transferee be
obligated to perform any of the obligations of the Originator thereunder.

          (c)  The Originator shall cooperate with the Collection Agent in
collecting amounts due from Obligors in respect of the Transferred Receivables.

          SECTION 6.06.  Transfer of Records to Transferee.  Each Transfer and
                         ---------------------------------                    
contribution of Receivables hereunder shall include the transfer to the
Transferee of all of the Originator's right and title to and interest in the
records relating to such Receivables and shall include an irrevocable non-
exclusive license to the use of the Originator's computer software system to
access and create such records.  Such license shall be without royalty or
payment of any kind, is coupled with an interest, and shall be irrevocable until
all of the

Transferred Receivables are either collected in full or become Defaulted
Receivables.

          The Originator shall take such action requested by the Transferee,
from time to time hereafter, that may be necessary or appropriate to ensure that
the Transferee has an enforceable interest in the records relating to the
Transferred Receivables and rights to the use of the Originator's computer
software system to access and create such records.

          In recognition of the Originator's need to have access to the records
transferred to the Transferee hereunder, the Transferee hereby grants to the
Originator an irrevocable license to access such records in connection with any
activity arising in the ordinary course of the Originator's business or in
performance of its duties as Collection Agent, provided that (i) the Originator
shall not disrupt or otherwise interfere with the Transferee's use of and access
to such records during such license period and (ii) the Originator consents to
the assignment and delivery of the records (including any information contained
therein relating to the Originator or its operations) to any assignees or
transferees of the Transferee provided they agree to hold such records
confidential.

                                  ARTICLE VII

                             EVENTS OF TERMINATION

          SECTION 7.01.  Events of Termination.  If any of the following events
                         ---------------------                                 
("Events of Termination") shall occur and be continuing:
- -----------------------                                 

          (a)  The Collection Agent (if the Originator or any of its Affiliates)
(i) shall fail to perform or observe any term, covenant or agreement under this
Agreement (other than as referred to in clause (ii) of this subsection (a)) and
such failure shall remain unremedied for three Business Days of the receipt of
notice or actual knowledge thereof or (ii) shall fail to make when due any
payment or deposit to be made by it under this Agreement; or

          (b)  The Originator shall fail (i) to transfer to the Transferee when
requested any rights, pursuant to this Agreement, which the Originator then has
as Collection Agent, or (ii) to make any payment required under Section 2.04(a)
or 2.04(b); or

          (c)  Any representation or warranty made or deemed made by the
Originator (or any of its officers) under or in connection with this Agreement
or any information or report delivered by the Originator pursuant to this
Agreement shall prove to have been incorrect or untrue in any material respect
when made or deemed made or delivered; or

          (d)  The Originator shall fail to perform or observe any other term,
covenant or agreement contained in this Agreement on its part to be performed or
observed and any such failure shall remain unremedied for 10 days after written
notice thereof shall have been given to the Originator by the Transferee; or

          (e)  The Originator or any of its subsidiaries shall fail to pay any
principal of or premium or interest on any of its Debt which is outstanding in a
principal amount of at least $10,000,000 in the aggregate when the same becomes
due and payable (whether by scheduled maturity, required prepayment,
acceleration, demand or otherwise), and such failure shall continue after the
applicable grace period, if any, specified in the agreement or instrument
relating to such Debt; or any other event shall occur or condition shall exist
under any agreement or instrument relating to any such Debt and shall continue
after the applicable grace period, if any, specified in such agreement or
instrument, if the effect of such event or condition is to accelerate, or to
permit the acceleration of, the maturity of such Debt; or any such Debt shall be
declared to be due and payable, or required to be prepaid (other than by a
regularly scheduled required prepayment), redeemed, purchased or defeased, or an
offer to repay, redeem, purchase or defease such Debt shall be required to be
made, in each case prior to the stated maturity thereof; or
 
          (f)  [Reserved]

          (g)  The Originator or any of its subsidiaries shall generally not pay
its debts as such debts become due, or shall admit in writing its inability to
pay its debts generally, or shall make a general assignment for the benefit of
creditors; or any proceeding shall be instituted by or against the Originator or
any of its subsidiaries seeking to adjudicate it a bankrupt or insolvent, or
seeking liquidation, winding up, reorganization, arrangement, adjustment,
protection, relief, or composition of it or its debts under any law relating to
bankruptcy, insolvency or reorganization or relief of debtors, or seeking the
entry of an order for relief or the appointment of a receiver, trustee,
custodian or other similar official for it or for any substantial part of its
property and, in the case of any such proceeding instituted against it (but not
instituted by it), either such proceeding shall remain undismissed or unstayed
for a period of 30 days, or any of the actions sought in such proceeding
(including, without limitation, the entry of an order for relief against, or the
appointment of a receiver, trustee, custodian or other similar official for, it
or for any substantial part of its property) shall occur; or the Originator or
any of its subsidiaries shall take any corporate action to authorize any of the
actions set forth above in this subsection (g); or

          (h)  An Event of Termination shall have occurred under the Receivables
Transfer Agreement; or

          (i)  There shall have occurred any material adverse change in the
financial condition or operations of the Originator since June 30, 1996; or
there shall have occurred any event which may materially adversely affect the
collectibility of the Transferred Receivables or the ability of the Originator
to collect Transferred Receivables or otherwise perform its obligations under
this Agreement;

then, and in any such event, the Transferee may, by notice to the Originator,
take either or both of the following actions:  (x) declare the Facility
Termination Date to have occurred (in which case the Facility Termination Date
shall be deemed to have occurred) and (y) without limiting any right under this
Agreement to replace the Collection Agent, designate another Person to succeed
the Originator as Collection Agent; provided, that, automatically upon the
                                    --------                              
occurrence of any event (without any requirement for the passage of time or the
giving of notice)

described in paragraph (g) of this Section 7.01, the Facility Termination Date
shall occur, the Originator (if it is then serving as the Collection Agent)
shall cease to be the Collection Agent, and the Transferee (or its assigns or
designees) shall become the Collection Agent.  Upon any such declaration or
designation or upon such automatic termination, the Transferee shall have, in
addition to the rights and remedies under this Agreement, all other rights and
remedies with respect to the Receivables provided after default under the UCC
and under other applicable law, which rights and remedies shall be cumulative.

                                 ARTICLE VIII

                                INDEMNIFICATION

          SECTION 8.01.  Indemnities by the Originator. Without limiting any
                         -----------------------------
other rights which the Transferee may have hereunder or under applicable law,
the Originator hereby agrees to indemnify the Transferee and its assigns and
transferees (each, an "Indemnified Party") from and against any and all damages,
                       -----------------
claims, losses, liabilities and related costs and expenses, including reasonable
attorneys' fees and disbursements (all of the foregoing being collectively
referred to as "Indemnified Amounts"), awarded against or incurred by any
                -------------------                                      
Indemnified Party in connection with the transactions contemplated by this
Agreement.  It is expressly agreed and understood by the parties hereto (i) that
the foregoing indemnification is not intended to, and shall not, constitute a
guarantee of the collectibility or payment of the Transferred Receivables and
(ii) that nothing in this Section 8.01 shall require the Originator to indemnify
any Person (a) for Receivables which are not collected, not paid or
uncollectible on account of the insolvency, bankruptcy, or financial inability
to pay of the applicable Obligor, (b) for damages, losses, claims or liabilities
or related costs or expenses resulting from such Person's gross negligence or
willful misconduct, or (c) for any income taxes or franchise taxes incurred by
such Person arising out of or as a result of this Agreement or in respect of any
Transferred Receivable or any Contract.

                                  ARTICLE IX

                                 MISCELLANEOUS

          SECTION 9.01.  Amendments, Etc.  No amendment or waiver of any
                         ---------------
provision of this Agreement or consent to any departure by the Originator
therefrom shall be effective unless in a writing signed by the Transferee and,
in the case of any amendment, also signed by the Originator, and then such
amendment, waiver or consent shall be effective only in the specific instance
and for the specific purpose for which given. No failure on the part of the
Transferee to exercise, and no delay in exercising, any right hereunder shall
operate as a waiver thereof; nor shall any single or partial exercise of any
right hereunder preclude any other or further exercise thereof or the exercise
of any other right.

          SECTION 9.02.  Notices, Etc.  All notices and other communications
                         ------------                        
hereunder shall, unless otherwise stated herein, be in writing (which shall
include facsimile communication) and be faxed or delivered, to each party
hereto, at its address set forth under its name on the signature pages hereof or
at such other address as shall be designated by such party in a written notice
to the other parties hereto. Notices and communications by facsimile shall be
effective when sent (and shall be followed by hard copy sent by regular mail),
and notices and communications sent by other means shall be effective when
received.

          SECTION 9.03.  Binding Effect; Assignability. (a) This Agreement shall
                         -----------------------------
be binding upon and inure to the benefit of the Originator, the Transferee and
their respective successors and assigns; provided, however, that the Originator
                                         --------  ------- 
may not assign its rights or obligations hereunder or any interest herein
without the prior written consent of the Transferee. In connection with any
assignment by the Transferee of all or a portion of the Transferred Receivables,
the assignee shall, to the extent of its assignment, have all rights of the
Transferee under this Agreement (as if such buyer or assignee, as the case may
be, were the Transferee hereunder) except to the extent specifically provided in
the agreement between the Transferee and such assignee.

          (b)  This Agreement shall create and constitute the continuing
obligations of the parties hereto in accordance with its terms, and shall remain
in full force and effect until such time, after the Facility Termination Date,
when all of the Transferred Receivables are either collected in full or become
Defaulted Receivables; provided, however, that rights and remedies with respect
                       --------  -------
to any breach of any representation and warranty made by the Originator pursuant
to Article IV and the provisions of Article VIII and Sections 9.04, 9.05 and
9.06 shall be continuing and shall survive any termination of this Agreement.

          SECTION 9.04. Costs, Expenses and Taxes.  (a) In addition to the
                        -------------------------           
rights of indemnification granted to the Transferee pursuant to Article VIII
hereof, the Originator agrees to pay on demand all costs and expenses in
connection with the preparation, execution and delivery of this Agreement and
the other documents and agreements to be delivered hereunder, including, without
limitation, the reasonable fees and out-of-pocket expenses of counsel for the
Transferee (including the reasonable allocable fees of the Transferee's in-house
counsel) with respect thereto and with respect to advising the Transferee as to
its rights and remedies under this Agreement, and the Originator agrees to pay
all costs and expenses, if any (including reasonable counsel fees and expenses),
in connection with the enforcement of this Agreement and the other documents to
be delivered hereunder excluding, however, any costs of enforcement or
                       ---------  -------
collection of Transferred Receivables.

          (b)  In addition, the Originator agrees to pay any and all stamp and
other taxes and fees payable in connection with the execution, delivery, filing
and recording of this Agreement or the other documents or agreements to be
delivered hereunder, and the Originator agrees to save each Indemnified Party
harmless from and against any liabilities with respect to or resulting from any
delay in paying or omission to pay such taxes and fees.

          SECTION 9.05. No Proceedings.  The Originator hereby agrees that it
                        --------------                        
will not institute against the Transferee any proceeding of the type referred to
in Section 7.01(g) so long as there shall not have elapsed one year plus one day
since the later of (i) the Facility Termination Date and (ii) the date on which
all

of the Transferred Receivables are either collected in full or become Defaulted
Receivables.

          SECTION 9.06. Confidentiality.  Unless otherwise required by
                        ---------------                   
applicable law, each party hereto agrees to maintain the confidentiality of this
Agreement in communications with third parties and otherwise; provided that this
Agreement may be disclosed to (i) third parties to the extent such disclosure is
made pursuant to a written agreement of confidentiality in form and substance
reasonably satisfactory to the other party hereto, and (ii) such party's legal
counsel and auditors and the Transferee's assignees, if they agree in each case
to hold it confidential.

          SECTION 9.07. GOVERNING LAW.  THIS AGREEMENT SHALL BE GOVERNED BY, AND
                        -------------                          
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (WITHOUT GIVING
EFFECT TO THE CONFLICT OF LAWS PRINCIPLES THEREOF), EXCEPT TO THE EXTENT THAT
THE PERFECTION OF THE TRANSFEREE'S INTEREST IN THE RECEIVABLES OR REMEDIES
HEREUNDER, IN RESPECT THEREOF, ARE GOVERNED BY THE LAWS OF A JURISDICTION OTHER
THAN THE STATE OF NEW YORK.

          SECTION 9.08. Third Party Beneficiary.  Each of the parties hereto
                        -----------------------              
hereby acknowledges that the Transferee may assign all or any portion of its
rights under this Agreement and that such assignees may (except as otherwise
agreed to by such assignees) further assign their rights under this Agreement,
and the Originator hereby consents to any such assignments. All such assignees,
including parties to the Receivables Transfer Agreement in the case of
assignment to such parties, shall be third party beneficiaries of, and shall be
entitled to enforce the Transferee's rights and remedies under, this Agreement
to the same extent as if they were parties thereto, except to the extent
specifically limited under the terms of their assignment.

          SECTION 9.09. Tax Treatment.  It is the intention of the Originator
                        -------------                         
and the Transferee that for federal, state and local income and

franchise tax purposes, the Transferee's Interest will be treated as evidence of
indebtedness of the Originator secured by the Receivables, the Related Security
and Collections and other proceeds thereof.  The Originator and the Transferee,
by entering into this Agreement, intend to treat the Transferee's Interest as
indebtedness.  The provisions of this Agreement and all related Transaction
Documents shall be construed to further such intentions of the parties hereto.

          SECTION 9.10. Execution in Counterparts.  This Agreement may be
                        -------------------------       
executed in any number of counterparts, each of which when so executed shall be
deemed to be an original and all of which when taken together shall constitute
one and the same agreement.

     IN WITNESS WHEREOF, the parties have caused this Agreement to be executed
by their respective officers thereunto duly authorized, as of the date first
above written.

ORIGINATOR:              IKON CAPITAL, INC.

                         By: 
                             ---------------------------
                         Name:
                         Title:

                         Address:

                         1738 Bass Road
                         Macon, Georgia  31210
                         Attn:  Harry G. Kozee
                         Tel. No.:  (912) 471-2306
                         Facsimile No.:  (912) 471-2376

                         for purposes of notices, with a copy to:

                         Alco Standard Corporation
                         925 Duportail Road
                         Wayne, Pennsylvania  19087
                         Attention:  Jack Quinn
                         Facsimile No.:  (610) 296-3248

TRANSFEREE:              IKON FUNDING INC.

                         By: 
                             ---------------------------
                         Name:
                         Title:

                         Address:

                         501 Silverside Road, Suite 28
                         Wilmington, Delaware  19809
                         Attention:  Robert McLain
                         Facsimile No.: (302) 798-2779

                                   EXHIBIT A

                         CREDIT AND COLLECTION POLICY

                                      A-1

                              EXHIBIT B

                               DEALERS
 
Allegheny Business Machines         Mirex 5317 Mirex Drive
Foster Plaza Three                  5317 Mirex Drive
601 Holiday Drive                   St. Louis, MO 63119
Pittsburgh, PA 15220
                                    Redden-Miller Office Machines
American Business Machines          P.O. Box 910
5701 Mayfair Road                   107 South 3rd Avenue
North Canton, OH                    Marshalltown, IA 50158
 
Kex Copysource                      Decoursey Business Systems
350 South Avenue                    P.O. Box 15329
Rochester, NY 14620                 Lenexa, KS 66215-5329
                                    Street Address
                                    --------------
Copier Consultants                  9120 Barton
7009 Albert Pick Road               Overland Park, KS 66214
Greensboro, NC 27409
                                    Colorado Copier
Omni Business Systems               637 South Pierce
2725 Center Place                   Louisville, CO 80027
Melbourne, FL 32940
                                    American Business Machines-        
                                     Portland
Unitech of Mississippi              2720 S.W. Corbett
P.O. Box 20639                      Portland, OR 97201
5345 Highway 18S
Jackson, MS 39289-1639              Xtec Office Systems
                                    901 Jefferson Avenue
Paul B. Williams                    Valley Forge Corporate Center
1035 Winston Street                 Norristown, PA 19403
Greensboro, NC 27405

                                      B-1

                                   EXHIBIT C

                               DESIGNATED STATES

Delaware
Hawaii
Kansas
Maryland
Minnesota
Montana
New Mexico
New York
North Carolina

                                      C-1

                                   EXHIBIT D

     The principal place of business and chief executive offices of the
Transferor are located at:

          IKON FUNDING INC.
          501 Silverside Road, Suite 28
          Wilmington, Delaware  19809

     The original records concerning the Receivables (and all original documents
related thereto) are located at the offices of the Collection Agent at:

          IKON CAPITAL, INC.
          1738 Bass Road
          Macon, Georgia  31210

                                      D-1

                              TRANSFER AGREEMENT

                        Dated as of September 30, 1996

                                    Between

                              IKON CAPITAL, INC.

                                 as Originator
                                 -------------

                                      and

                               IKON FUNDING INC.

                                 as Transferee
                                 -------------

                                TABLE OF CONTENTS
Page ---- PRELIMINARY STATEMENTS..................................................................................... 1 ARTICLE I DEFINITIONS.............................................................................. 1 SECTION 1.01. Certain Defined Terms............................................................. 1 Adverse Claim.................................................................................. 1 Affiliate...................................................................................... 1 Aggregate Adjusted Outstanding Balance......................................................... 1 Alternate Base Rate............................................................................ 2 Applicable Percentage.......................................................................... 2 Business Day................................................................................... 3 Collection Agent............................................................................... 3 Collection Agent Fee........................................................................... 3 Collections.................................................................................... 3 Contract....................................................................................... 3 Credit and Collection Policy................................................................... 3 Dealer......................................................................................... 3 Debt........................................................................................... 4 Default Ratio.................................................................................. 4 Defaulted Receivable........................................................................... 4 Designated Obligor............................................................................. 4 Designated States.............................................................................. 5 Dilution....................................................................................... 5 Discount....................................................................................... 5 Eligible Receivable............................................................................ 5 Equipment...................................................................................... 7 ERISA.......................................................................................... 7 Event of Termination........................................................................... 7 Facility....................................................................................... 7 Facility Termination Date...................................................................... 7 Federal Funds Rate............................................................................. 8 General Trial Balance.......................................................................... 8 Incipient Event of Termination................................................................. 8 Indemnified Amounts............................................................................ 8 Obligor........................................................................................ 8
i
Page ---- Originator Report............................................................................... 8 Outstanding Balance............................................................................. 8 Parent.......................................................................................... 9 Periodic Payments............................................................................... 9 Person.......................................................................................... 9 Receivable...................................................................................... 9 Receivables Transfer Agreement.................................................................. 9 Receivables Transfer Request.................................................................... 9 Related Contract............................................................................... 10 Related Security............................................................................... 10 Scheduled Termination Date..................................................................... 10 Settlement Date................................................................................ 10 Support Agreement.............................................................................. 11 Transfer....................................................................................... 11 Transfer Date.................................................................................. 11 Transferee's Interest.......................................................................... 11 Transferred Receivable......................................................................... 11 UCC............................................................................................ 11 SECTION 1.02. Other Terms......................................................................... 11 ARTICLE II AMOUNTS AND TERMS OF TRANSFERS AND CONTRIBUTIONS......................................... 12 SECTION 2.01. Facility............................................................................ 12 SECTION 2.02. Making Transfers.................................................................... 12 SECTION 2.03. Collections......................................................................... 13 SECTION 2.04. Settlement Procedures............................................................... 13 SECTION 2.05. Fees................................................................................ 14 SECTION 2.06. Payments and Computations, Etc...................................................... 15 ARTICLE III CONDITIONS OF TRANSFERS.................................................................. 15 SECTION 3.01. Conditions Precedent to Initial Transfer from the Originator........................ 15 SECTION 3.02. Conditions Precedent to All Transfers............................................... 16
ii
Page ---- ARTICLE IV REPRESENTATIONS AND WARRANTIES........................................................... 18 SECTION 4.01. Representations and Warranties of the Originator.................................... 18 ARTICLE V COVENANTS ............................................................................... 22 SECTION 5.01. A. Covenants of the Originator.................................................... 22 B. Covenants of the Transferee.................................................... 27 SECTION 5.02. Grant of Security Interest.......................................................... 28 ARTICLE VI ADMINISTRATION AND COLLECTION............................................................ 28 SECTION 6.01. Designation of Collection Agent..................................................... 28 SECTION 6.02. Duties of Collection Agent.......................................................... 29 SECTION 6.03. Collection Agent Fee................................................................ 30 SECTION 6.04. Certain Rights of the Transferee.................................................... 31 SECTION 6.05. Rights and Remedies................................................................. 32 SECTION 6.06. Transfer of Records to Transferee................................................... 32 ARTICLE VII EVENTS OF TERMINATION.................................................................... 33 SECTION 7.01. Events of Termination............................................................... 33 ARTICLE VIII INDEMNIFICATION.......................................................................... 36 SECTION 8.01. Indemnities by the Originator....................................................... 36 ARTICLE IX MISCELLANEOUS............................................................................ 37 SECTION 9.01. Amendments, Etc..................................................................... 37 SECTION 9.02. Notices, Etc........................................................................ 37 SECTION 9.03. Binding Effect; Assignability....................................................... 37 SECTION 9.04. Costs, Expenses and Taxes........................................................... 38 SECTION 9.05. No Proceedings...................................................................... 38 SECTION 9.06. Confidentiality..................................................................... 39
iii Page ---- SECTION 9.07. GOVERNING LAW....................................................................... 39 SECTION 9.08. Third Party Beneficiary............................................................. 39 SECTION 9.09. Tax Treatment....................................................................... 39 SECTION 9.10. Execution in Counterparts........................................................... 40 EXHIBITS EXHIBIT A Credit and Collection Policy EXHIBIT B List of Dealers EXHIBIT C List of Designated States EXHIBIT D Principal Place of Business and Location of Records
iv

Basic Info X:

Name: TRANSFER AGREEMENT
Type: Transfer Agreement
Date: Dec. 30, 1996
Company: IKON OFFICE SOLUTIONS INC
State: Ohio

Other info:

Date:

  • Monday
  • Friday
  • September 30 , 1997
  • August 15
  • September 30 , 1995
  • June 30 , 1996
  • September 30 , 1996

Organization:

  • Federal Reserve Bank of New York
  • Federal Funds Rate
  • U.S. Government Securities
  • Old Line Funding Corp.
  • Royal Bank of Canada
  • Determination of Transfer Amount
  • Identification of Transferred Receivables
  • General Trial Balance of the Originator
  • Board of Directors
  • Transferred Receivables and Related Security
  • Ernst & Young
  • Incipient Event of Termination
  • Securities and Exchange Commission
  • Internal Revenue Service
  • Pension Benefit Guaranty Corporation
  • U.S. Department of Labor
  • Separate Conduct of Business
  • Credit and Collection Policy
  • Transferred Receivables correlating Transferred Receivables and Transfers
  • Transfer of Records to Transferee
  • Third Party Beneficiary
  • Harry G. Kozee Tel
  • Alco Standard Corporation 925 Duportail Road Wayne
  • Robert McLain Facsimile No
  • Allegheny Business Machines Mirex
  • Mirex Drive Foster Plaza Three 5317 Mirex Drive 601 Holiday Drive
  • Redden-Miller Office Machines American Business Machines P.O
  • Mayfair Road 107 South 3rd Avenue North Canton
  • Copysource Decoursey Business Systems 350 South Avenue P.O
  • Colorado Copier Omni Business Systems 637 South Pierce 2725 Center Place
  • American Business Machines- Portland Unitech
  • Xtec Office Systems 901 Jefferson Avenue Paul B. Williams Valley Forge Corporate Center 1035 Winston Street Norristown
  • Delaware Hawaii Kansas Maryland Minnesota Montana New Mexico New York North Carolina
  • IKON FUNDING INC.
  • Principal Place of Business and Location of Records

Location:

  • United States
  • P.M.
  • Ohio
  • New York City
  • Liens
  • Etc
  • Pennsylvania
  • St. Louis
  • MO
  • Pittsburgh
  • Marshalltown
  • Rochester
  • Lenexa
  • Overland Park
  • Melbourne
  • FL
  • Mississippi
  • Portland
  • MS
  • Greensboro
  • Wilmington
  • Delaware
  • INC. 1738 Bass Road Macon
  • Georgia
  • Transferee

Money:

  • $ 100,000
  • $ 5,000,000
  • $ 10,000,000

Person:

  • Jack Quinn
  • Barton
  • Jackson

Time:

  • 9:00 a.m.

Percent:

  • one percent
  • 10.75 %
  • 2 %
  • 1.50 %