AMENDMENT OF RECEIVABLES PURCHASE DOCUMENTS Sample Clauses

AMENDMENT OF RECEIVABLES PURCHASE DOCUMENTS. The Borrower shall not, and shall not permit any of its Subsidiaries to, agree to or enter into any amendment, restatement or other modification of the Receivables Purchase Documents, or substitute or replace the Receivables Purchase Documents with another receivables securitization facility, that would (i) increase the maximum principal amount of Indebtedness to be incurred thereunder to an amount in excess of $100,000,000 other than in compliance with SECTION 7.3(A) (XIV); (ii) accelerate any scheduled amortization date; (iii) increase the recourse obligations of the Borrower or any of its Subsidiaries (other than Metals Receivables Corporation) in any material respect; (iv) impose net worth covenants for Metals Receivables Corporation that are materially more stringent than those originally contained in the Receivables Purchase Documents or materially more stringent than in comparable structured finance transactions; (v) materially decrease the cash consideration to be paid to any Originator on account of any Permitted Receivables Transfers; or (vi) materially increase the amount of discount, yield or interest payable thereunder.
Sample 1
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AMENDMENT OF RECEIVABLES PURCHASE DOCUMENTS. The Borrower shall not, and shall not permit any of its Subsidiaries to, agree to or enter into any amendment, restatement or other modification of the Receivables Purchase Documents, or substitute or replace the Receivables Purchase Documents with another receivables securitization facility, that would (i) increase the maximum amount of Indebtedness to be incurred thereunder to an amount in excess of $125,000,000; (ii) accelerate any scheduled amortization date; (iii) increase the recourse obligations of the Borrower or any of its Subsidiaries (other than Ball Capital Corp.) in any material respect; (iv) provide for an "Event of Default," "Termination Event," "Early Amortization Event," "Servicer Default" or other similar event upon the occurrence of a Default or Unmatured Default hereunder; (v) impose net worth covenants for Ball Capital Corp. that are materially more stringent than those in existence on the Closing Date; (vi) materially decrease the cash consideration to be paid to Ball Capital Corp. or Ball Metal Food Container Corp., a Delaware corporation, Ball Plastic Container Corp., a Colorado corporation, and BMBCC on account of any Permitted Receivables Transfers; or (vii) materially increase the amount of discount, yield or interest payable thereunder.
Sample 1
AMENDMENT OF RECEIVABLES PURCHASE DOCUMENTS. The Borrower shall not, and shall not permit any of its Subsidiaries to, agree to or enter into any amendment, restatement or other modification of the Receivables Purchase Documents, or substitute or replace the Receivables Purchase Documents with another receivables securitization facility, that would (i) increase the maximum amount of Indebtedness to be incurred thereunder to an amount in excess of $125,000,000, provided that in any event the Borrower shall concurrently reduce the Aggregate Revolving Loan Commitment pursuant to SECTION 2.6 by an amount equal to or greater than the amount of any increase of such Indebtedness; (ii) accelerate any scheduled amortization date; (iii) increase the recourse obligations of the Borrower or any of its Subsidiaries (other than Ball Capital Corp.) in any material
Sample 1
AMENDMENT OF RECEIVABLES PURCHASE DOCUMENTS. The Borrower shall not, and shall not permit any of its Subsidiaries to, agree to or enter into any amendment, restatement or other modification of the Receivables Purchase Documents, or substitute or replace the Receivables Purchase Documents with another receivables securitization facility, that would (i) increase the maximum amount of Indebtedness permitted to be incurred thereunder, unless the Borrower concurrently reduces the Aggregate Revolving Loan Commitment pursuant to Section 2.6 by an amount equal to or greater than the amount of such increase; (ii) accelerate any scheduled amortization date; (iii) increase the recourse obligations of the Borrower or any of its Subsidiaries (other than PRF) in any material respect; (iv) provide for an "Event of Default," "Termination Event," "Early Amortization Event," "Servicer Default" or other similar event upon the occurrence of a Default or Unmatured Default hereunder; (v) impose net worth covenants for PRF that are materially more stringent than those in existence on the Closing Date; (vi) materially decrease the cash consideration to be paid to PRF or the Borrower on account of any Permitted Receivables Transfers; or (vii) materially increase the amount of discount, yield or interest payable thereunder.
Sample 1
AMENDMENT OF RECEIVABLES PURCHASE DOCUMENTS. The Borrower shall not, and shall not permit any of its Subsidiaries to, agree to or enter into any amendment, restatement or other modification of the Receivables Purchase Documents, or substitute or replace the Receivables Purchase Documents with another receivables securitization facility, that would (i) increase the maximum amount of Indebtedness permitted to be incurred thereunder, unless the Borrower concurrently reduces the Aggregate Revolving Loan Commitment pursuant to Section 2.6 by an amount equal to or greater than the amount of such increase; (ii) accelerate any scheduled amortization date; (iii) increase the recourse obligations of the Borrower or any of its Subsidiaries
Sample 1
AMENDMENT OF RECEIVABLES PURCHASE DOCUMENTS. The Administrative Agent shall have received certified copies of amendments to the Receivables Purchase Documents in substantially the form attached hereto as Exhibits A and B along with satisfactory evidence of the due authorization and valid execution of the same.
Sample 1

Related to AMENDMENT OF RECEIVABLES PURCHASE DOCUMENTS

  • Receivables Purchase Agreement The Transferor, in its capacity as purchaser of Receivables from the RPA Seller under the Receivables Purchase Agreement, shall enforce the covenants and agreements of the RPA Seller as set forth in the Receivables Purchase Agreement, including its agreement to designate Additional Accounts as and when required in order for the Transferor to fulfill its undertakings in Section 2.06. The Transferor shall not amend, waive or otherwise modify the Receivables Purchase Agreement except in accordance with its terms.

  • Amendments to the Receivables Purchase Agreement The Receivables Purchase Agreement is hereby amended as follows:

  • Note Purchase Agreement The conditions precedent to the obligations of the Applicable Pass Through Trustees and the other requirements relating to the Aircraft and the Equipment Notes set forth in the Note Purchase Agreement shall have been satisfied.

  • Payment of Receivables Purchase Price In consideration of the sale of the Receivables from the Seller to the Purchaser as provided in Section 2.1, on the Closing Date the Purchaser shall have paid to the Seller the Receivables Purchase Price.

  • The Purchase Agreement This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors.

  • of the Purchase Agreement Section 2.5 of the Purchase Agreement is hereby amended and restated in its entirety to read as follows:

  • Extension or Amendment of Receivables Except as provided in the Agreement, the Seller shall not, and shall not permit the Servicer to, extend the maturity or adjust the Outstanding Balance or otherwise modify the terms of any Pool Receivable, or amend, modify or waive any term or condition of any related Contract.

  • of the Note Purchase Agreement Section 2.1(b) of the Note Purchase Agreement is hereby amended and restated to read in full as follows:

  • Amendment to Purchase Agreement The Purchase Agreement is hereby amended as follows:

  • Asset Purchase Agreement The transactions contemplated by the Asset Purchase Agreement shall have been consummated.

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