Appointment of Independent Director. The decision to appoint a new director of the Seller as the “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”
Appears in 6 contracts
Samples: Receivables Purchase Agreement (LKQ Corp), Receivables Purchase Agreement (Avnet Inc), Receivables Purchase Agreement (Ralcorp Holdings Inc /Mo)
Appointment of Independent Director. The decision to appoint a new director of the Seller as the an “Independent Director” for purposes of this Agreement, such notice to (A) be issued not less than ten (10) days prior to the effective date of such appointment and to (B) certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”
Appears in 3 contracts
Samples: Amendment (Insight Enterprises Inc), Omnibus Amendment (Insight Enterprises Inc), Receivables Purchase Agreement (Insight Enterprises Inc)
Appointment of Independent Director. The decision to appoint a new director governor of the Seller as the “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Exelon Generation Co LLC), Receivables Purchase Agreement (Exelon Generation Co LLC)
Appointment of Independent Director. The decision to appoint a new director of the Seller as the “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) 10 days prior to the effective date of such appointment and to certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Avnet Inc), Receivables Purchase Agreement (Avnet Inc)
Appointment of Independent Director. The decision to appoint a new director of the Seller as the “"Independent Director” " for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to certify that the designated Person satisfies the criteria set forth in the definition herein of “"Independent Director.”"
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Graybar Electric Co Inc), Receivables Purchase Agreement (Graybar Electric Co Inc)
Appointment of Independent Director. The decision to appoint a new director of the Seller Borrower as the “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”
Appears in 2 contracts
Samples: Loan and Servicing Agreement (Newell Rubbermaid Inc), Receivables Loan Agreement (Arkansas Best Corp /De/)
Appointment of Independent Director. The decision to appoint a new director of the Seller as the “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Anixter International Inc), Receivables Purchase Agreement (Anixter International Inc)
Appointment of Independent Director. The decision to appoint a new director of the Seller as the “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Timken Co), Receivables Purchase Agreement (Timken Co)
Appointment of Independent Director. The decision to appoint a new director of the Seller as the “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to certify contain a certification by an Authorized Officer of the Seller that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director” contained herein.”
Appears in 2 contracts
Samples: Slot Receivables Purchase Agreement (Tenneco Inc), Receivables Purchase Agreement (Tenneco Inc)
Appointment of Independent Director. The decision to appoint a new director of the Seller Borrower as the an “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to shall certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”; and
Appears in 2 contracts
Samples: Credit Agreement (YRC Worldwide Inc.), Credit Agreement (YRC Worldwide Inc.)
Appointment of Independent Director. The decision to appoint a new director of the Seller as the an “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to shall certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”; and
Appears in 1 contract
Appointment of Independent Director. The decision to appoint a new director of the Seller as the “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”
Appears in 1 contract
Appointment of Independent Director. The decision to appoint a new director of the Seller as the “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”
(i) Section 7.1(i)(F) of the RPA is amended and restated in its entirety as follows:
Appears in 1 contract
Appointment of Independent Director. The decision to appoint a new director of the Seller as the “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”
(b) Clause (M) of Section 7.1(i) of the Receivables Purchase Agreement is hereby deleted in its entirety and replaced with the following:
Appears in 1 contract
Samples: Receivables Purchase Agreement (Diversey Holdings Inc)
Appointment of Independent Director. The decision to appoint a new director of the Seller as the “Independent Director” for purposes of this Agreement, such notice to be issued not less than ten (10) days prior to the effective date of such appointment and to certify that the designated Person satisfies the criteria set forth in the definition herein of “Independent Director.”
(e) Clause (M) of Section 7.1(i) of the Existing Agreement is amended and restated in its entirety to read as follows:
Appears in 1 contract
Samples: Receivables Purchase Agreement (Ralcorp Holdings Inc /Mo)
