Addition of Originators. Additional Persons may be added as Originators Hereunder, with the consent of the Company and the Funding Agents; provided that the following conditions are satisfied on or before the date of such addition:
Addition of Originators. Any Subsidiary of Xxxxxxxx may become an Originator hereunder with the prior written consent of the Purchaser (and the Administrative Agent and Facility Agents, as assignees of the Purchaser); provided, that such consent shall not be required if the Outstanding Balance of Receivables of such Subsidiary at the time it becomes an Originator hereunder, together with the Outstanding Balance of Receivables at such time of any other Subsidiary of Xxxxxxxx that became an Originator hereunder without such consent over the 12 calendar month period ending immediately prior to such date is less than 5.0% of the average Outstanding Balance of all Receivables (other than Excluded Receivables) on the last day of each calendar month during such 12-calendar month period . Each Subsidiary of Xxxxxxxx that is proposed to be added as an Originator shall give to the Purchaser (and the Administrative Agent and Facility Agents, as assignees of the Purchaser) prior written notice of its desire to be added as an Originator hereunder. Once the notice has been given, any addition of a Subsidiary of Xxxxxxxx as an Originator pursuant to this section shall become effective on the first Business Day following the date on which (i) such Subsidiary and the parties hereto shall have executed a Joinder Agreement and such other agreements, instruments and other documents (including, without limitation, opinions of counsel, lien searches, financing statements, Blocked Account Agreements and a Subordinated Note in favor of the new Originator) and the amendments or other modifications to the Transaction Documents, in form and substance satisfactory to the Purchaser (and the Administrative Agent and Facility Agents, as assignees of the Purchaser), that the Purchaser (and the Administrative Agent and Facility Agents, as assignees of the Purchaser) determines necessary or appropriate to effect the addition; and (ii) the Parent confirms in writing that the obligations of such new Originator are guaranteed by the Parent under the Parent Undertaking. Upon such effectiveness, Schedule I to this Agreement shall be deemed amended to include such added Originator and any reference to “Originator” in this Agreement or any other Transaction Document shall refer to each existing Originator and each Subsidiary of Xxxxxxxx added as an Originator pursuant to this Section 3.02.
Addition of Originators. Additional Persons may be added as Originators hereunder, with the prior written consent of the Company and the Administrative Agent, in their sole discretion, provided that the following conditions are satisfied on or before the date of such addition (an “Originator Addition Date”);
Addition of Originators. Notwithstanding anything to the contrary in this Agreement, any direct or indirect wholly owned subsidiary of the Company (whether now in existence or acquired or created after the date hereof) may at any time become an Originator hereunder, whether in addition to or in substitution for one or more then existing Originators (each such additional or substitute Originator, an "ADDITIONAL ORIGINATOR"), PROVIDED that, (i) at the time such direct or indirect wholly owned subsidiary becomes an Additional Originator, such direct or indirect wholly owned subsidiary (a) agrees in writing to sell Receivables to the Purchaser on terms and subject to the conditions set forth in this Agreement, (b) complies with the conditions set forth in SECTION 3.01(b), (c) makes the representations and warranties set forth in SECTIONS 4.02 and 4.03 and (d) agrees in writing to comply with the covenants set forth in ARTICLE V and (ii) the Purchaser shall have received notice from each Rating Agency that the inclusion of the Additional Originator pursuant to this SECTION 2.06 will not result in a reduction or withdrawal of its then existing rating of any Class of Investor Certificates then issued and outstanding. Following the addition or substitution of any Additional Originator, the term "ORIGINATOR" as used in this Agreement shall include for all purposes such Additional Originator.
Addition of Originators. The Borrower shall not agree to the addition of any Additional Originators other than pursuant to the terms of Section 8.15 hereof.
Addition of Originators. Additional direct or ----------------------- indirect subsidiaries of Mail-Well, Inc. may be added as Originators hereunder with the consent of the Purchaser and the Administrator (which consent shall not be unreasonably withheld), provided that the following conditions are satisfied on or before the date of such addition:
Addition of Originators. Any Subsidiary of Mattel, Inc. ----------------------- (other than one of the Originators party to this Agreement as of the Initial Closing Date (the "Initial Originators")) may become an Originator hereunder and ------------------- sell its accounts receivable to the Buyer if the Buyer gives its prior written consent to the addition of such Subsidiary as an Originator hereunder in their sole discretion (which consent may be conditioned upon, inter alia, receipt and ----- ---- satisfactory review of historical information about such Subsidiary's accounts receivable). Mattel, Inc. and its Subsidiary that is proposed to be added as an Originator shall give to the Buyer not less than 30 days' prior written notice of the proposed effective date of the addition of such Subsidiary as an Originator. Once such notice has been given, any addition of a Subsidiary of Mattel, Inc. as an Originator pursuant to this Section shall become effective on the Business Day immediately following the Business Day on which (i) the requirements described above shall have been satisfied, and (ii) such Subsidiary and the parties hereto shall have executed and delivered such agreements, instruments and other documents, each in form and substance reasonably satisfactory to the Buyer, that the Buyer determines are necessary or appropriate to effect such addition.
Addition of Originators. Subsidiaries of Maxtor may be added as Originators under this Agreement provided that all of the following conditions have been met:
Addition of Originators. Subject to the terms and conditions hereof, from time to time one or more wholly-owned direct or indirect Subsidiaries of Metaldyne may become additional Originators parties hereto. If any such Subsidiary wishes to become an additional Originator, Metaldyne shall submit a request to such effect in writing to MRFC and the Administrative Agent. If Metaldyne, MRFC, and the Administrative Agent shall have agreed to any such request (such consent not to be unreasonably withheld or delayed from the date such request is received and such consent of each Purchaser being obtained), such wholly-owned Subsidiary shall become an additional Originator party hereto on the related Originator Addition Date upon satisfaction of the conditions set forth in Section 3.03. The Administrative Agent shall notify the Purchasers of such Subsidiary’s becoming an additional Originator party hereto.
Addition of Originators. Additional Subsidiaries of the Parent may be added as Originators hereunder upon satisfaction of all of the following conditions:
