Common use of Change in Business or Credit and Collection Guidelines Clause in Contracts

Change in Business or Credit and Collection Guidelines. The Seller shall not (i) make any material change in the character of its business or (ii) make or consent to any change in the Credit and Collection Guidelines that would materially and adversely affect the collectability of the Pool Receivables, the credit quality of the Pool Receivables or the enforceability of any Contract without the prior written consent of the Administrator. The Seller shall provide the Administrator and each Purchaser Agent with a copy of any amendment to the Credit and Collection Guidelines.

Change in Business or Credit and Collection Guidelines. The Seller Borrowers shall not (i) make any material change in the character of its business or (ii) make or consent to any change in the Credit and Collection Guidelines that would materially and adversely affect the collectability of the Pool Receivables, the credit quality of the Pool Receivables or the enforceability of any Contract without the prior written consent of the AdministratorAdministrative Agent. The Seller Borrowers shall provide the Administrator Administrative Agent and each Purchaser Managing Agent with a copy of any amendment to the Credit and Collection Guidelines.